Do you know selling a house is a big decision? Yes, timing plays a crucial role in determining how much you can make and how fast you can close the deal. Thus, if you are looking to sell house for cash, you may wonder if certain times of the year or market conditions impact your ability to get the best offer. 

Timing refers to the act of moving in and out of a market to achieve a particular objective. So, in this guide, let’s break down everything you need to know about the best time to sell your house in Lewiston. 

Why Do You Think Timing Matters When Selling a House for Cash?

Unlike traditional home sales, cash transactions don’t depend on buyer financing, bank approvals, or long closing timelines. Look at the reasons below to know why timing matters when selling a house for cash. 

• The Right Timing Can Maximize Your Profits 

The real estate market doesn’t stay at a constant momentum. There’s a time of year when houses are abundant, and there are times when they’re scarce. That’s why the prices of real estate properties can rise or fall at any time. While you can’t change the market flow, every investor knows that the flow isn’t random. It follows a pattern that decides whether house prices fall, rise, or stay in their current state. For this, you can focus on predictions so that you can determine the best time of the year to sell your house. 

• The Right Timing can Save You A Lot of Money

Here, sellers can benefit from different seasons. Generally, the rule of thumb regarding timing is that the worst time for sellers is the best time for buyers. So, for example, if winter is the least favorable season to buy a house, that’s when you should strike. 

What Is The Best Time Of The Year To Sell a House?

Many families need to be in their new home by the start of the school year, thus, spring and early summer are the best time of the year to sell your home. Some patterns and trends usually do hold true throughout the year, and one is that spring continues to be the best time to sell.

Thus, Spring — specifically, the month of May — is the best time to sell a house. February surprisingly takes second place, and April and June round out the prime homebuying season. Typically, sellers list their homes in the spring and summer because the weather is good, especially for people in colder climates. In addition, families want to buy their next home before school starts. 

Remember, winter is the worst season to sell your home for cash. This season is traditionally the slowest season for home sales. But that doesn’t mean you can’t sell for cash. Many cash buyers and investors are still looking for opportunities, especially if you price your home competitively. 

Some Tips on How to Make a Home Offer More Attractive

Aside from the seasons, market conditions also play a role in how fast and for how much you can sell house for cash. Thus, below are some tips to make a home offer more attractive and competitive. 

• Make things simple for the seller 

In addition to price, sellers often consider how easy your offer will be to close. For example, a cash offer without inspection or financing contingencies is very appealing to many sellers. Also, one that allows the seller to stay or “rent back” for a period of time can help.

• Consider a larger-than-average money deposit 

At the time you make an offer, your real estate agent will submit a contract to the listing agent.  Other things being equal, sellers might prefer someone who makes a statement with their deposit over someone who doesn’t. Sellers might be inclined to choose a buyer who isn’t afraid to commit serious funds upfront. 

• Show You Have Funds to Buy 

Getting pre-approved for a mortgage before you put in an offer can greatly increase your chances of being selected. That’s because sellers want assurance that a buyer will be able to follow through and close the deal. Prior to securing your pre-approval, go through steps to improve your credit score so that you can show that you’re a strong buyer.

• Make a competitive offer 

This may be an obvious tip on how to make your home offer more attractive, but we have to say it. When it comes down to it, money talks. There are a lot of ways to make your offer stand out from the competition. But ultimately, sometimes, the best solution is just to make a larger offer. If you’re serious about a house, consider making a competitive initial offer. You don’t want to offend a seller and risk losing any chance at a deal. 

Sell House Fast for Cash in Lewiston with OneOffer 

So, the best time to sell your house depends on your situation. If you want the highest offers, spring and summer tend to be the most active seasons. If you need to sell house fast for cash Lewiston, cash buyers are available year-round, even in slower months like winter. 

If you are ready to sell the house for cash, OneOffer is here to help. We make the process simple, fast, and stress-free. No matter if you are selling in spring, summer, fall, or winter, we provide competitive offers and quick closings. 

Contact us and get a cash offer today in Lewiston!

FAQ’s

• What is the most profitable month to sell a house? 

Specifically, the month of May is the best time to sell a house. Homes sold in spring have more benefits than those sold in different months. 

• What are the hardest months to sell a house?

Both fall and winter are the hardest months to sell a house. The drop in buyer activity during these months can significantly impact sales prices and timelines. 

• How quickly do most houses sell?

Most houses spend 69 days on the market to sell. But, with OneOffer, we make the process fast, reliable, and stress-free.