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As your Chicagoland real estate agent Michael LaFido, I want to be your resource for all things real estate. Whether you are buying, selling, or investing in real estate, I am here to guide you through the process. Subscribe to this blog to learn all of the latest news from our local market and receive expert tips for buying or selling a home.

Why Is the Fall a Great Time to Sell?




Many folks are under the impression that the spring is the best time to sell their home. While the spring is traditionally the hottest season in real estate, people often overlook the fall, which is a fantastic time to maximize your home's value and get it sold quick. 

It's all about the simple concept of supply and demand. Many homeowners are taking their homes off the market because they didn't sell - they're now waiting for the spring market to try again. Because of this, the supply of homes has decreased, even though many people are relocating to the Chicagoland area during these months. In fact, 40% of buyers in the market are relocation buyers, which means they are serious about finding a home and can't wait until spring.

By having your home on the market in October, November, December, and January, you will expose it to a pool of quality buyers. You won't have as many showings during this month, but you will have quality showings
The people who see your home during these months are much more likely to buy it than they would be during the spring.

Because of the lack of competition among other sellers and the pool of serious buyers, you're going to get stronger offers. If someone has to get into a home within 30 to 60 days, they're not going to waste time with low-ball offers - which means the fall and winter months are a great time to maximize your sale price.

The perfect storm of low supply and high demand results in you getting great offers for your home and getting it sold fast. What more could you ask for? If you are interested in taking advantage of these fantastic selling conditions, give us a call or shoot us an email! We want to help you maximize your real estate results!

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