Today is March 4th. If you’ve decided that it’s time to move on to the next stage of your life, and if this is the year to sell your lake home or cabin, then it’s time to march forth now.
Plenty of serious, purposeful buyers are already on the hunt. At this very moment they’re getting pre-approved, researching lakes, and reaching for their checkbooks. They know that if they’d like to enjoy weekends at their new cabin or lake home this summer, it doesn’t make sense to launch their search in May or June.
Here’s why: They know it will take a while to find the lake and the cabin that are just right for them. Figure a little negotiating before they have an accepted offer, and then typically about another 60 days before the actual closing can take place. (With new banking regulations that have recently gone into effect, the few exceptions are generally cash offers with no inspections or other contingencies. They can usually happen faster.) So even if buyers begin their search today, they know they probably won’t be moving into their new cabin until sometime in May.
As a seller, you face a very similar timetable. If you’re ready to move on to the next stage of your life, there’s no rational reason to wait until May or June. You’ll waste valuable time, and you’ll risk being lost in the crowd of new listings that are sure to appear on the mornings of May 1 and June 1. There’s absolutely no advantage in waiting.
So if you’d like to learn more about what your home is likely to sell for in our current market, give me a call now. It’s time to march forth.