Frequently asked questions in Real Estate: What's the best time of year to sell your home?

Hi. This is Doug Hoover with the Hoover Group at Counselor Realty of Bemidji.

This is the question we get asked most often: "When is the best time of year to sell my home?" Good question, but there isn't a one-answer-fits-all answer for this type of question. 

Right now it's the end of February, still cold outside, yet in the past week the Hoover Group sold 3 lake houses. What we find is that buyers need to buy for many different reasons. 

In the Bemidji Area, we are lacking houses in any price range. So if you put your house on the market now, we know that we have good, qualified buyers that are looking for houses now. If you wait until summertime we may still have some of those buyers but interest rates could be higher, and you're more than likely to have additional competition from any other houses hitting the market.

Every sale is different, every house is different, and every realtor does things differently. If you're having thoughts of selling in 2019, give us a call. We'd like to sit down and talk one-on-one to see what's best for your situation. Thanks so much. 

This is Doug Hoover with the Doug and Melissa Hoover Group Counselor Realty of Bemidji. Goodbye.