As the spring season is about to take a bow soon, it is now essential to prepare for hottest selling season in the muttontown real estate industry – summer! Understanding the behavior of the sellers and buyers on a seasonal basis would certainly level up our playing field when it comes to investing in this domain.
So before putting up the ‘for sale’ signage in your front yard, let us walk you through in the important information everyone needs to know about investing or selling during the hot summer season.
Summer is the busiest period of the year
There is no denying that June is not only the favorite month of the brides across the country. But for potential homeowners and sellers, this has become the favorite choice as well. It has been known that for this month alone, the home sales volume is 29% higher than the monthly average. It is likewise helpful to know that most home buyers initiate their search during the onset of the Spring season. However, they normally close deals during the Memorial Day period. It is important also to know that many people opt to move in during the summer period which can expedite buying decisions during this particular period. It is much easier for potential homeowners to move in as schools are out during this period and the weather condition is much viable for transporting furniture. It is best for us to gear up for the surge in the muttontown real estate activity in the summer as early as now.
Decorate for the season
We can definitely increase our chances for positive sales if we decorate for the season. This means more greenery in the front yard, clean pool, and perfect choices for curtains and drapes. Gardens should also be well-prepared and the lawn should be well-maintained. The key is to make our home as inviting as possible. It also nice to think of a theme for the homes we are opting to sell. For example, planting all-purple or all-yellow flowers during the spring time can enliven the garden during the summer.
Another tip is to also prepare an area where perfect afternoon barbecues can happen. Outdoor space with a dining area and a grill could easily make all ‘dads’ say ‘yes’ to the home. Providing an area where the potential client can envision their outdoor brunch or supper can also do the trick. Entice female home buyers with a cozy kitchen and well-lit foyer. It is very interesting to know that simple interior and exterior changes could help us grab that perfect sale opportunity.
Prepare a sweet and refreshing treat for the buyers
If we are to buy a property, we would naturally want to check the house in the most convenient manner. Clients would probably be feeling all thirsty and sticky when having to attend open houses in mid-days. Be generous and comforting to them. It is recommended that we all provide them with accessible ice-cold drinks and a simple refreshing to keep them at ease during open houses. By making them comfortable, it would easier for sellers to keep hem longer during the event. Making them hang out longer could also give them time to picture themselves inside the house. It is one of the muttontown real estate tricks that work like magic!
Tap the digital realm as well
If we truly aim to sell our property easily, it is essential to also get in touch with potential home owners who are more comfortable checking properties on-line. It is almost certain that potential homeowners would depend primarily on the information they could obtain from the Web. Information on prevailing interest rates and market value of certain properties may also be extracted from the Internet immediately. To date, there is also a number of applications that can be used by both buyers and sellers to connect and communicate. It is important that we understand how we can take advantage of these tools as they are used to streamline procedures related to the real estate business.
Understand relevant figures
Interest rates can offer us a viable hint as to when and how we should commence with the buying and selling of any property. There should only be a minimal movement in the interest rate within a 30-year period of mortgage. The falling rate of interest these days offers another good reason as to why it is recommended to go with the scorching heat of the summer when looking for a property to acquire. The facet on figures may likewise pertain to the potential loosening in the mortgage qualifications. Biggest home lender companies are also now keeping their interest rates ‘subdued’ to keep up with the minimal credit requirements set my smaller banks. Recently in the US, the credit score 0f 660 has been significantly reduced to 620 to offer more people the opportunities to become legitimate homeowners.
Finding the perfect home for you to move in this summer is something so visit url because we can do effectively and efficiently. Let us help you with the hunting and you do not have to break any sweat this summer in accomplishing your muttontown real estate goals.