According to Zillow, the best time of year to sell your home in Yonkers, New York is the second half of May. In fact, the average increase in final sales price during this time is $3,100.
Timing is without a doubt a significant factor when it comes to sell your home. Did you know that there's even a best day of the week to sell? The ideal day to sell your home in Yonkers is Friday because prospective home buyers here generally go house hunting during the weekend.
In addition to timing, there are several more details you should consider when preparing to sell your home in Yonkers.
There’s a reason why 91% of homeowners hire a realtor to sell their property. A talented realtor has the expertise to sell your home at the best price and sell your property faster.
Also, even when real estate transactions are straightforward, they're still complicated. There are many disclosures and legal requirements that real estate agents understand, making your home-selling process much smoother.
A talented realtor has the capacity to effectively navigate negotiations as well; most people find the art of negotiating difficult, so why not leave this critical stage to the professionals? Agents also have connections and know how to boost the visibility of your property through marketing best practices.
You can find a realtor in Yonkers with the help of Effective Agents. Their data-driven algorithm provides you a list of only the best-performing agents in your area who have had success with selling homes with similar specs to yours.
Is it a Buyer’s or Seller’s Market?
When you list your home may very well depend on whether it’s a buyer’s or a seller’s market. A buyer’s market is when there are more properties for sale than there are potential home buyers. In this case, there’s a good chance that you'll sell your property below the actual list price.
However, there are ways to mitigate loss. In fact, sellers don’t always lose money in a buyer’s market. Sometimes, top realtors® in Yonkers can develop a strategy that maximizes the final sale price. This might include making repairs or offering incentives to potential buyers.
If it’s a seller’s market, conditions are in your favor, and there’s a better chance of you getting the list price for your home, even if you’re unable to sell your Yonkers home in May.
Other Important Considerations
There are a variety of different factors to consider when deciding when to list your home in Yonkers. The month of May could be a good time if you have children that are in school, but June might be better.
There are also logistical issues that could make a later date ideal. For instance, having time during the spring and summer to make minor repairs and stage your home might boost the value of your home and secure a higher final sale price. A qualified real estate agent can help you make the right decisions.
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