The Decision To Sell
There comes a time when Nevada homeowners may ask the question, when is the best time to sell a house in Las Vegas? Many different factors have an effect on your decision to sell your home, as well as in determining the best time to sell it. In this article, we will explore the different aspects that may have an impact on finding the best time to sell your home. Obviously, there are varying answers depending on what city and state you’re in, so let’s find out what some of the other points of consideration are.
Know The Market
One thing beneficial to you in calculating the best time to sell a house is being able to take advantage of real estate trends, also known as market trends. However, to stay on top of these market trends, you must first have a good general understanding of the real estate market. This is because a big part of buying and knowing when to sell real estate comes from understanding the current market conditions. Does the housing market currently give an advantage if you’re buying, or does it favor sellers?
Currently, the property market or housing market gives the advantage to sellers, due to the fact that there are more buyers out there than there are houses for sale. Interest rates are extremely low, keeping these mortgage funds available, as well. The market says now is the best time to sell your home for the best price possible.
Agent Or No Agent?
If you’re moving forward and deciding that this is the best time to sell a house, there are other options to consider, such as whether to use a real estate agent or not. Real estate agents work on commissions, at an average of 6% of your sale price. This can represent a significant portion of the home sale profits. However, agents have access to data and information important to home sales in your area.
Agents can also usually get closer to your asking price, and know the current market and market conditions that can affect home sales and property values. On average, data shows real estate agents wager the sale of the homes they list 20 days faster than without an agent. But in the thriving city of Las Vegas, property values stay fairly high and homes rarely remain on the market very long.
Is Selling Seasonal?
As it turns out, data shows that the best time to sell a house is in the spring, in most places, or early summer. In the city of Las Vegas, Nevada specifically, however, if you want to get the most money from the sale of your house, November shows the most promise. This may be due to the fact that when most of the country is beginning to experience colder weather and gearing up for winter, Nevada still has relatively mild conditions. November shows data proving homeowners got an increase of more than 7 and a half percent of the yearly average, for home sales in Nevada in that month.
Do Reasons For Selling Matter?
There are many reasons why you may be in the market to sell, from job offers to lifestyle changes that result in needing a new start in different areas. Waiting for a buyers market is not always possible, so in these cases does the best time to sell a house even matter? Most people would say, that greatly depends on whether your reasons involve hinging your survival in a new place on having enough money from the sale of your home! If not, then your reasons really don’t matter all that much – so why not make it easy for yourself, and use a cash home buyer like Sell Your House Fast Las Vegas?
Home As An Investment
One way to know when the best time to sell a house is, is to study the market. This way you can avoid a market downturn and optimize the return on your investment. Keep in mind that investing in a house is smart, partly because property values almost always go up. Typically, you can calculate an approximate 10% increase for each year you stay in your home, so regardless of when you sell it, you should be ok.
But what if you didn’t plan on moving, and your house isn’t just “an investment”? You may not have much equity in it, either. The thing is, a unique opportunity or set of circumstances has presented itself; life has “happened” (as only it can, sometimes). Suddenly, you’re faced with the impossible-but-true, and a serious decision must be made – without delay. What do you do?
Cash Home Buyers
When you’re unsure of the best time to sell a house, call Sell Your House Fast Las Vegas for help. We are cash home buyers who care about our clients. Our services have no hidden fees and there is no obligation to receive a prompt cash offer on your house. Simply fill out the short form right here on our website, and someone will be in touch shortly to make an appointment to visit the property. There are many advantages to selling your home with us, like:
- No real estate commissions, closing costs or fees of any kind
- We buy houses in any condition – no home repairs or improvements necessary
- Ultra-fast sale that YOU get all the money from, in CASH!
So when you have to make that split second decision that will impact the rest of your life, contact Sell Your House Fast Las Vegas to see how we can help you. We are built on integrity and confidence, and we want to help you by giving you a free cash offer today. Our average turnaround time is just 5 days, so imagine that being possible, and what that could mean to your situation. We all face unpredictable life situations unexpectedly, so be prepared to take the actions necessary, when the time comes for you.