Your willingness to list your property during the off season often produces a great sale – with proper marketing. However, persistent buyers are still present during the winter, and there’s less competition from other sellers. The market slows down around the holidays. Homebuyers are more plentiful during the spring and early summer months.
Time it right and pocket those tax savings!
If you’ve occupied the home you own for at least two of the past five years when you sell, sale profits up to $250,000 per owner are exempt from taxes. Each market has its own challenges and opportunities – but waiting for a seller’s market makes it easier to find a buyer at the highest price. In a seller’s market, higher buyer demand and a shortage of listed homes drives prices up.
In a buyer’s market, low buyer demand and an abundance of properties is likely to decrease the sales price of your home. Consider these questions to time your sale for maximum results: To request a FARM letter topic, or to see a list of all our FARM letter templates, visit our FARM Letter page.ĭownload the Personalization Instructions Download the PDF Template Download the Microsoft Word Template Text onlyĬhoosing the right moment to sell is a personal decision for homeowners. Use this first tuesday FARM Letter in your marketing.
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