Lots of sellers ask me this question and some of them agonize over making the decision of when to put their Brighton-Thornton home on the market. People tend to have this idea that there is a ‘perfect’ time to start selling their home which will magically make it sell for full price within days. If I had a crystal ball that could tell sellers these things I totally would, but unfortunately it’s not that simple. Sometimes you just have to get lucky! However, here are a few things I can tell you about the timing of putting your Brighton-Thornton Home on the Market.
Timing & Seasons of the Market
First of all, yes, there are certain seasons in the market that tend to be more active than others. Every market has its ups and downs and your home might have a higher chance of selling if it’s on the market around that time because it’s more active. But the most important thing to getting your home sold is that it’s on the market at all!! While the market seasons are good to keep in mind, don’t just wait until the ‘perfect’ moment. A buyer might be looking for your exact home while you’re waiting around.
Just to use a fishing analogy, you can’t catch any fish if you don’t have a line in the water. If you are ready to sell your Brighton-Thornton home then the perfect time to put your home on the market is RIGHT NOW! (Not sure if you actually are ready to sell your home? Check out this other blog post!)
Days on Market – Too much or too little?
The other thing lots of sellers worry about which causes them to wait is the Days on Market aka DOM. When considering the timing of putting your Brighton-Thornton home on the market this is not the most important factor. Sellers generally think that if their home is on the market for too long it’s no longer interesting to buyers. Sometimes they want to take the home off the market and then put it back on so that the DOM doesn’t look as high… In this digital age this won’t fool too many people. A buyers real estate agent will see this activity in the MLS and will most likely tell them.
And similar to what I said earlier, you might miss your perfect buyer while you’ve taken the home off the market! Add to that the fact that buyers generally shy away from brand new listings as well. They often believe the seller is testing the market and the initial price is too high. If a home is on the market longer than the average DOM it is usually an issue with the asking price, not the home itself. If this is the case, sellers should sit down and talk with their real estate agent about a different pricing strategy. But taking the home off the market and putting it back on certainly won’t fix that problem.
Here’s my advice on the Timing of Putting Your Brighton-Thornton Home on the Market
Don’t wait forever. It can be tempting to wait for that ‘perfect’ moment to put your home on the market after you’ve done all the research. But if you are ready to sell your house now, the time to put your Brighton-Thornton home on the market is now. Your home is very unlikely to sell if it can’t be found in any MLS and so you might be missing out on buyers. If you’d like to get an idea of what the Thornton-Brighton real estate market is like right now and what the average DOM is, check out my latest Market Report!
How Can I Help You?
I hope this article has shown you that I am a knowledgeable and very honest real estate agent who wants to help buyers and sellers. I want to provide my clients with interesting and up-to-date information so they can make informed decisions. If you think that my expertise and positive attitude might be of service to you don’t hesitate to reach out and contact me!