Springtime seems to have the best reputation for selling and buying homes. However, buyers and real estate agents alike are seeing that selling in the fall has significant benefits. In fact, the average number of sales isn’t that much lower in October then in March.

If you are looking to buy a home, but are nervous that the fall months might not be the best time, these four tips will help you as you house hunt in the fall.

  1. Look for New Listings

There are fewer houses on the market that are for sale in the fall. Using national websites including the MLS or Realtor.com will help you find the newest listings the fastest. While, sites like www.zillow.com might be a favorite of yours, these websites are not required to update as fast which leaves you a few days behind on new listings. Sites like the MLS are required by law to be the most accurate and must update. With a limited amount of houses on the market, you will want to see what houses come on the market right away.

  1. Watch Out for Photos

More and more real estate agencies are investing into high quality photography and videos, and they can make any house look incredible. While there isn’t anything wrong with that, it can paint an unrealistic picture of a house. It might make a room look bigger, or pictures of a room may have been strategically left out. Take time to read the fine print. Look at the square footage, the sizes of the rooms, etc. It is a great idea to even do a drive by the house before investing your time viewing the home. This can give you a better idea to see if this house could be the one for you.

  1. Remember winter is around the corner

It is to your benefit that winter is coming. Sellers are going to be more willing to negotiate as they will want to have a quick sell and be out of their own house before the winter hits. Check to see how long a house has been on the market. Homeowners that have had their houses on the market since the spring might be more eager to sell and negotiate.  

With that in mind, it is important for you to remember that a sale can happen fast. Making sure you are pre-approved will help make the process go quicker, too. Closing before the year end is a great decision as it will ensure that you get tax benefits, and you will be able to lock in a good interest rate.

  1. Look for a Fixer Upper

It can be an intimidating idea to buy a home that needs lot of work. However, you might be able to find less expensive contractor prices as contractors are a lot less busy in the fall and winter months. In addition, you might be able to negotiate prices and get the work done more quickly then another time of year.

Take Away

Buying a home at any time of year is a big decision. It is important that you make the best decision for you and your family. If you do feel ready to buy, don’t feel that just because it is the fall that means it isn’t a good time. There are many benefits to buying in the fall. 

If you have any questions please contact us. We would love to help you as your search for your next special home.

248-348-7200