Hendersonville readers who frequently check in here may recall the inquiry into whether there really is a single best time to buy a house—and if so, when that might be.
The answer was October 8.
At least that was what the researchers at RealtyTrac deduced after reviewing millions of home and condo sales (from across the nation, not just Hendersonville). The definition of “best” they settled on was the date which recorded the greatest markdown between original listing and actual sale prices. On closer examination, though, 10/8 did seem to be an answer that was going to differ from year to year. But there was definitely evidence for fall being a good season for buyers.
Now there appears to be an answer to the equally beguiling question Hendersonville sellers may be curious about: What’s the best time to sell a house? Having an answer might be reassuring to Hendersonville homeowners in a quandary over whether to jump into the busy Hendersonville spring selling season—or to wait for a less crowded time of year.
This answer, which recently appeared on CNBC’s news feed, is less specific than RealtyTrac’s single date—and for my money, more convincing because of it. And the answer is
The first half of May, to narrow it down a bit. The reason is that a home listed between the start of May and mid-month sells nine days more quickly than does the average. To be absolutely accurate, though, the “average” is the average of home sales everywhere in the country—North, South, East, West, and everywhere in between. Warmer or colder climates can send the answer off kilter, as can market conditions present when the calculations were made.
The basis for CNBC’s finding was a Zillow study, but it was not clear exactly when the data was collected, so there is a possibility that in today’s seller-friendly climate, the best time to sell a house in Hendersonville might slip a week or two in either direction.
Further scrutiny yielded a two-track answer to the question of what is the best day of the week to list, with Saturdays vying with Thursdays for the honor. The reasoning was that Saturday is when most house hunters are apt to go online to check out the market; but Thursday is the likeliest day because people are gathering info for weekend open houses.
In my opinion, trying to zero in on the absolute best day to list is not nearly as useful as taking the time to identify who will be the best Hendersonville agent to help you sell your house. Along those lines: do give me a call at 828-747-8113
Ah, springtime! As the daylight hours grow longer and buds and blossoms dot Hendersonville’s trees and gardens, even when a rainy day is in the forecast, the feeling of new life in the air can’t be denied!
Also undeniable is the all-too-apparent fact that Hendersonville’s bright April sunlight is now illuminating months’ worth of dirt on the windows. And now we can see more areas of the carpet that show the winter’s accumulation of … what is that?
For residents from one end of North Carolina to the other, the balmy weather definitely triggers a popular urge to put households in shape. But since there is a simultaneous contradictory urge to get outdoors to enjoy Hendersonville’s good weather, it seems like an apt moment to try to retrieve some of the many time-saving tips that are out there on the web.
In other words, it’s time for Google. To aid in in Hendersonville’s Googling efforts, here are some valuable spring cleaning search keywords. Enter any of these in combination with “spring cleaning” and Google will bombard you with scads of valuable insights and shortcuts:
• “White Vinegar.” It’s a universal disinfectant that’s carried in gallon jugs on Hendersonville grocery store shelves. Many of Hendersonville’s professional housekeepers know how effective and environmentally friendly diluted vinegar is—and how rapidly the residual odor disperses.
• “Sponges.” Cut down on paper towel consumption by collecting a variety of quality sponges and having them at the ready. If you wet and microwave them regularly, bacteria won’t accumulate (and they’ll smell fresh, too). Side benefit: when you nuke wet sponges, stuff on the inside of the microwave will come off easily!
• “Dusting mitt.” They’re useful for more than just Venetian blinds. You can also substitute with athletic socks (then just throw them in the washer).
• “Baseboards.” Vacuuming the floors doesn’t eliminate the edge problem—that’s where the most stubborn winter debris tends to shelter in place. If you use whatever attachment (soft brush or nozzle) that lets you vacuum the baseboard contour before starting on the floor, the problem disappears.
• “Baking soda.” The cure for smelly carpet areas: sprinkle, let stand overnight, vacuum.
• “Cola.” Clean toilets by pouring, waiting an hour, flushing. But when you google “cola” with “spring cleaning,” you’ll also find warnings about the deposits cola leaves behind. Solve that by following up with an undiluted cup of—you guessed it—vinegar.
• “Lemon.” Google this one along with “spring cleaning” and you’ll be able to choose which of the 2½ million hints to put into action!
For some Hendersonville homeowners, this spring will find them putting their homes up for sale. If that’s the case, give me a call for a professional Realtor’s® take on which spring cleaning efforts are likely to reap the greatest rewards!
When it comes to the reality of pricing a home in Hendersonville, it’s natural that buyer’s and seller’s points of view reflect their different roles and objective. In a way, they are mirror images of each another.
From the seller’s point of view, pricing their Hendersonville home starts out from the reality check of the “comps”—the prices registered in recent comparable neighborhood sales. From there, the pricing decision revolves around the tradeoff between maximum asking price versus the desire for a speedy sale. Even if there is no time pressure at all, serious sellers will still set the asking price below a level that indicates disregard for current market realities. Rather than communicating “this place is worth more than what people are willing to pay,” overpricing only serves to needlessly put off buyers and their agents. If time pressure is an issue, experienced sellers will peg the asking price just enough below neighborhood comparables to make the value evident. Tagging “motivated buyer” on the listing can attract attention, but the right price cuts to the chase. That’s a tactic bound to draw timely offers—especially when a Hendersonville property is in A+ showing condition,
For most prospective Hendersonville buyers, it’s the mirror image. Rather than starting from the reality of neighborhood comps, the pricing of their future home begins as an abstraction: the “looking” range. The top of the range will be a figure that is derived from what is comfortably affordable rather than what that figure will command in the current market. Once the serious house hunt is underway and some area properties have been visited, that top-of-range number will almost always need some adjusting—usually (but not always) upward.
Thereafter, when some desirable Hendersonville properties have been located, pricing from the buyer’s perspective is apt to become largely an exercise in deconstruction. Even though a home is actually desirable, it’s hard to resist zeroing in on the property’s weak points, turning flaws into subtraction fodder for mental offer calculations.
In a successful transaction, the mirror images of buyers’ and sellers’ approaches to home pricing do ultimately wind up converging. That’s another area where having a knowledgeable Hendersonville Realtor® on your team is invaluable. When it comes to offers and counter-offers, whether you’re a buyer or seller, having your side of the negotiations handled by an experienced professional is a sure way to keep the other side tethered to reality. Arriving at a bottom line reflecting realistic and lasting Hendersonville real estate value is what most often winds up bringing both parties to a happy conclusion. The first step? You guessed it: call me at 828-747-8113.