When’s the Best Time to Sell a House in Philadelphia?
Everyone who sells a house wants to sell it at the best possible price. Sure, there are other considerations like timeframe, personal needs, family and financial situations and even tax and debt concerns. The common denominator, however, is usually always getting the best price. So when someone asks “When’s the best time to sell a house in Philadelphia” one can understand if the answer is “It depends.” How and when can you get the best price based on your particular situation? The answer just may surprise you.
The “Traditional” Best Time to Sell a House in Philadelphia
The best time to sell a house in Philadelphia, or just about anywhere else in the United States for that matter, is the Spring and Summer. This is real estate season, the time real estate agents live for. This is when their phones are ringing from buyers and sellers alike, looking to make a change in their lives. For families, in particular, this is a critical time to make plans for a summer move that will minimize disruption to their school-aged children’s school schedules. In Philadelphia, it is also a much better weather environment to move in as opposed to our brutal winters. Major family holidays are avoided, and it is just the most convenient time for most to buy and sell. Real estate agents and brokers love it, knowing the commissions will be rolling in.
The Benefits of Selling in the “Off-Season”
While the real estate market is most active in the Spring and Summer, there are some definite benefits to selling in the “off-season”. This would be the period from September through February when the weather is colder and real estate sales slow down. It is also the time when people are less prone to sell their homes. This results in fewer overall listings, making your home more attractive to those who may be forced to move in the off-season due to their careers. In Philadelphia, where we are ranked number two in the country for medical jobs, this can be a significant number of people looking to buy in the area. Keep in mind, Philadelphia is home to at least a dozen Fortune 500 companies like Burlington, Campbell’s, Aramark, Comcast and more that are always recruiting. In many cases, these could be employees looking for homes just like yours, any time of the year.
Getting the Most for Your Philadelphia, PA Home
In a perfect world where time is not a factor, selling “in-season” or “out-of-season” may both get you the highest price for your home. This comes with potential baggage, however. It may take an extended period to sell your home through traditional channels like a real estate broker. You’ll also share a good percentage of the money you sell your house for to a real estate broker. The time can be significant, taking months, even in an in-season sale. The money you lose can also be significant as real estate broker fees can be up to 7% with other closing costs added on top of that. Commissions and closing costs for an average Philadelphia house can reach into the tens of thousands of dollars.
Personal Situations That May Force a Real Estate Sale
There are a variety of situations that may place homeowners in a position to sell their home as quickly as possible, with little regard to whether it is in-season or out-of-season. They may have a personal or financial situation that requires them to sell a home quickly while getting the best deal possible. These situations can include:
- Tax problems
- Potential foreclosure
- Problematic tenants
- Job change or transfer
- Inheriting a property
These are all situations where selling to a cash buyer may be the best option, both in regard to price and timing. Even in situations where there are no personal or financial forces pushing a quick and hassle-free sale, a cash buyer can be the most convenient, and financially responsible way to get the most when selling your Philadelphia property. More and more Philadelphia homeowners are discovering that selling to a cash buyer has some very appealing benefits.
Benefits of Selling to a Cash Buyer
Selling your Philadelphia house to a cash buyer like Problem Property Pals is safe, convenient, quick and eliminates costly real estate commission and closing costs. Simply call us or fill out our online form. We’ll set up a convenient time to meet with you at your home and conduct a walk-through. We will take a look at the condition of the property and consider needed repairs. You won’t need to worry about any repairs or even cleaning the house.
Should you accept our offer, we’ll take care of all closing costs. There’s no real estate agent or broker commissions and you can set the date for closing. We will even close at a local title/escrow company to protect you. Our contracts are straight forward and easy to understand we are sensitive to any family situations.
We make the best time to sell your house in Philadelphia anytime.
There’s no need to make improvements, remove trash or even clean your property. If you want fair market value for your home within weeks instead of months and without the hassles of open houses, viewings, and strangers invading your home, contact us. Read the reviews and become one of the increasing number of Philadelphia homeowners who are taking advantage of the convenient, fast and safer way to sell their homes. Contact Problem Property Pals by telephone or use our convenient online form. Get a cash offer todayfrom Problem Property Pals. Don’t wait. The best time to sell a house in Philadelphia just may be today, with Problem Property Pals.