Lots of folks think that the spring is prime time to buy a home. Sure, it may be the busiest season, but there’s no need to fret if you struck out during the spring or are just now beginning your journey. In fact, some sellers actually wait to put their homes on the market until summer due to curbside appeal, better weather for open houses, and more. There are plenty of reasons to buy this season and we’ve compiled some tips to help you navigate through the market.
1.) Check Out Old Listings
Just because the spring is peak season doesn’t mean that every home sells. Take a look at homes that have been on the market for 50+ days and start there, especially if you’re looking to save money. If the seller is in a time crunch or eager to part ways with the home, they may be prone to lowering the price.
2.) Get Pre-Approved
If you’re looking at this process as crunch time, you can save time, energy, and multiple rejected bids by getting pre-approved. With the beautiful weather and sellers looking to let go of homes, your bid will have a much better chance of being selected if you are pre-approved for a loan. Everyone will feel comfortable with the process and it’s a win-win situation all-around.
3.) Be Strategic at Times You Look
Take advantage of looking at homes when no one else is. The nice weather and cashing out on PTO means that people are preoccupied with vacations, BBQs, family time, and more. The last two weeks of July and first half of August can be prime time to find your dream home when not everyone is out looking.
4.) Get to Know the Community
With everyone cooped up inside during the winter months, it can be hard to get a feel for the community. In the summertime, people are bustling about. You have a much better time to chat with potential neighbors, can see neighborhood kids outside playing, and have a clear vantage point of neighborhood maintenance and upkeep. If you have any red flags or deal breakers, you will literally see them in the harsh light of day.
5.) Spend Time with Your Agent
A busy spring can mean more people competing for your agent’s time. Agents are less occupied with getting new listing after new listing on the market. Take advantage of this to ask questions, schedule meetings, and see as many homes as possible.
Our agents go above and beyond to help find your dream home year-round. If you’re just now beginning your search, give us a call to find the perfect agent and perfect office for your needs. 801-995-4700.