Advantages of Selling in Sioux Falls This Winter

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In Sioux Falls, we hear tons of people who think winter is not a good time to sell. That's not true. Actually, you can benefit from selling your home this time of year. Here's why.

• There will be less inventory on the market. This means fewer homes for you to compete against. Buyers that are out there will have fewer options available, making your home more appealing. Less competition could also drive up the price of your home and help you sell faster.

• Buyers are extremely motivated. These people may be relocating for jobs or other reasons, and they need to be in Sioux Falls by a certain date. They're not window shopping like many are during the warmer months.

• Some buyers will soon have expired leases, if not already. These buyers want to get out and find a home, so they don't waste more money on rent. This is yet another reason why they want to close quickly. Externally, they're pressured to move out.

• There are historically low interest rates! Rates are going to go up in 2016, so buyers are trying to close on a property before that happens, adding another level of urgency to the winter market. This benefits both buyers and sellers.

Selling in the winter could mean selling faster and for more money than selling in the spring. If you have any questions, give us a call or send us an email. We look forward to hearing from you!