4 Compelling Reasons to Buy a Home Before the High Season
It’s no secret that real estate transactions in Scottsdale heat up during the high season. Spring and the early summer months are typically the busiest months in real estate- it’s more pleasurable to be touring homes when it’s NOT chilly or solidly over 100 degrees.
But as a homebuyer, there are some serious advantages to swimming against the current. So grab a jacket (anything under 70 degrees is winter weather here! 😂), soak up some knowledge, and learn how the overall process can be easier and faster for you.
If you’re considering buying a home, here are 4 compelling reasons to do so before the high season gets here:
1. Limited buyer competition.
This is the #1 reason. Since things move less quickly in the low season, you’re going to find that there is far less competition. Without all of that excess demand, you won’t feel the pressure to make a rash offer that you may end up regretting. Take the time to be more calculated!
2. Sellers are more motivated.
If someone is selling their home during the winter, you can almost guarantee there is motivation there since the low season is not an ideal time for sellers. And if the home has been sitting on the market for a number of months and just hasn’t sold, then you may have more control. Typically, the longer the home sits on the market, the more negotiating power you yield.
3. Less likely to have competing offers.
It’s simple economics. Demand is lower which gives you the upper hand when it comes time to negotiate a deal. Again, sellers tend to be motivated (and some even desperate) this time of year so if the offer is reasonable, it’s likely to be accepted. You might find yourself saving some big bucks if you time it right!
4. Everyone is less busy.
If you haven’t been part of a real estate transaction deal at the height of the high season, then let me explain something. It can be more challenging working with all of the parties involved since everyone is so busy! Sellers are showing their homes to multiple interested buyers, lenders and title companies are buried in processing paperwork, and everyone else seems to be on vacation. But if you shop before the high season, you won’t have to fight for attention to get the ball rolling.
Now that you have 4 compelling reasons, grab that sweater or jacket (or not!) and get out there and house hunt!