Are you thinking about selling your Minneapolis St Paul house this summer? If so, make sure you read this blog post now because you may want to reconsider! Here are 4 reasons why summer house selling isn’t ideal in Minnesota …
If you’re thinking about selling your house, and you think that this summer might be the best time to sell, or whether you should wait and sell it later. Another great question to answer is do you hire a real estate agent to sell your house in Minneapolis St Paul or sell it to an investor? We are going to talk about 4 reasons why summer house selling isn’t ideal in Minnesota (plus the one thing you should do instead)…
4 Reasons Why Summer House Selling Isn’t Ideal In Minnesota
Reason #1. It’s Hot
It’s summer here in the twin cities, and we only have two seasons of cold winters and hot summers. We just got over a long cold winter, and spring seemed as if it would never come to Minnesota . So, of course, it’s hot outside, people are planning on going to the lake to cool down. That means some people won’t want to go out
and ride in a hot car from one showing to another. Even with AC in vehicles today, the hot summer heat hits you as you get out of your car like a baseball bat, that is the first reason why summertime is not ideal for selling your home.
Summers in Minnesota is a time of lousy thunderstorms. They come out of know where and makes it hard to go around looking at the house that people are selling. Summer property buyers have to bring umbrellas and cold water to keep them going as they view homes.
The final reason why the hot summers is not ideal is that buyers are getting picky. For example, they walk into your home, and its either too hot or too cold with the AC running. They walk into your place with the AC running, you think that the cool would feel good to them. But, the buyers complain that they are cold and after a short while just want to leave. There is no way to make them happy,
Reason #2. It’s Dusty
It doesn’t matter whether you live in a dry area or a humid area; the summertime heat creates dust, which gets tracked into your house or blows in and covers everything. It’s a mess. And a hassle. And when the sun is streaming through the windows, you can see the dust floating through the air.
If you decide to sell during the summer even though it is not ideal, make sure to dust often and run an air purifier to clean the air. You will be surprised how much dust is traveling around within your house.
Reason #3. There Are Fewer Buyers
In the summer, most people in Minnesota are taking vacations and getting away from their busy lives. The kids are out of school, and time off from work has been booked, so people want to take their families to the lake cottage or vacations to the Grand Canyon or Disney World.
This is one of the biggest reasons why summers in our state isn’t ideal for selling your home. Minnesotans are lovers of the outside; they love to bike, go camping, enjoy lake life, and just travel around relaxing as they go. If you don’t believe me watch the traffic on I35 north on a summer Friday or I94 going west. Cars, trucks with boats, and campers are lined up from noon on Friday. When 5 pm rolls around, it just seems like regular traffic because rush hour has been going on since noon.
Therefore, there are fewer people in the market to buy houses.
Reason #4. There Are More Sellers
Even though there are fewer buyers, many sellers love selling in the summer because they think it’s more convenient for them. Therefore, you’re not just competing for fewer buyers to look at your house; you’re competing against more sellers. Its the old adage from business about supply and demand. There is a vast amount of supply vs. small amount of demand because of fewer buyers wanting a house. Therefore, it’s harder to sell your house and even harder to sell it at a price you want.
Waiting normally until the fall or next spring rush can bring on more of a sellers market that can attract multiple offers if you price it right from the beginning. It can be a gamble waiting, because the the whole market could go down and you are worst off then trying to sell during the summer months.
If you want to sell your house quickly in, but you’re thinking about selling it in the summer, you may want to rethink that plan. We have listing 4 reasons why summer house selling isn’t ideal in Minnesota , but there are other reasons too.