Most sellers think that spring is the perfect time to list their home for sale. When the weather is warming up, landscaping comes back to life and the sun is shining. While that is true in normal real estate markets, the Outer Banks market flourishes in the fall and winter.
For many Outer Banks homeowners, rental income from the summer season is a significant benefit. By fall, you’ve collected all the rental income for the year and have capitalized on the year’s peak rental period without having to worry about the challenges of showing a rental property during the busy vacation months. The timing couldn’t be better for sellers looking to make the most of their now vacant homes and get a pre-listing home inspection, make repairs and meet with your NC 12 Real Estate Broker.
Unlike summer months, when tourists and casual browsers are filling the Outer Banks market, the winter months see more motivated buyers who are either looking to invest for the next rental season or make the Outer Banks their permanent home. Listing your home in the off-season gives potential new owners the advantage of preparing the property for the next rental season. According to the Outer Banks Association of Realtors MLS, the peak for single family homes going under contract has been consistently the month of March for the past 4 years. This still allows buyers the opportunity to close and have a head start in preparing the property before the Spring rental rush.
Selling your Outer Banks home in winter offers a unique blend of advantages, from having already collected your seasonal rental income to giving new owners a head start for the upcoming rental season. With motivated buyers and more opportunities to show a vacant home, preparing your property for a winter listing might just be the perfect move.
NC 12 Realty is ready to partner with you to prepare and get your home sold. We understand the challenges of selling a coastal investment property and the Outer Banks Real Estate market. Together, we can make sure your property gets the attention it deserves.
Contact us at NC12Realty.com, info@nc12realty.com, 252-995-6212 or stop by and say Hello at 47361-3 NC 12 Highway, Buxton.