3 reasons to sell in the fall

Although many home sellers think spring is the best time to sell a home in the Okanagan (or anywhere for that matter), there are great reasons to consider a sale in autumn instead.

Reason No. 1 — Lower Inventory:

Spring may have higher demand, however more demand at that time is always accompanied by much more competition as seemingly everyone and their doghouse throw their hats in the ring when the sun starts to shine.

Less competition in the market could mean a better offer for you, especially if your home has some issues. When there are fewer homes to choose from, your home has a greater chance to shine.

Reason No. 2 — Buyers are Motivated:

Usually when buyers are shopping for a home prior to yearend, those buyers have a strong reason for doing so.

There are many reasons this could arise such as wanting to get settled before the holidays, move before the snow flies, their home sold in another market or a possibly a job transfer. 

These are strong reasons and make for very motivated buyers. 

Reason No. 3 — Decision Making Time:

Many buyers who viewed homes in the summer during their vacation don’t make their final decision until they return home to get their ducks in a row.

Once those ducks are where they should be, it becomes decision-making time. If your home is on the market when that decision is being made, your home may be under consideration.

If not, then another will be chosen instead.

Our best advice is once you make the decision to sell, discuss your decision with your realtor and they will be able to provide their best professional advice on timing.

In  our opinion, there are many advantages to selling in the off season which may result in an even higher offer than one may experience in the Spring.


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About the Author

Lisa Salt is a Vernon born Realtor® who, along with her husband Gord Fowler from Calgary, lead one of the most successful and dynamic real estate teams in the North Okanagan. 

An international clay target shooting champion, Lisa brought the attributes of hard work and diligent focus to the real estate industry to create the success she and her team have today. 

To experience the local knowledge and expertise that only someone born and raised in the Okanagan can offer, call Lisa today and 'Just Add Salt'.

Website link:   http://www.saltfowler.com

Contact e-mail address:  [email protected]


The views expressed are strictly those of the author and not necessarily those of Castanet. Castanet does not warrant the contents.

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