Pros and cons of selling a home during summer

You might have waited too long until its winter and you would want to make a sale for your home. Many people discourage this but if you consult your professional real estate agency in Chattanooga, you might still be able to get the best out of your sale during this time of the year.

You should know that the seasons in a year in this country affect the listings of the homes that are being sold. Therefore, you should be wise when you list your home for sale and at what price you would want to sell it. The seasons are a major factor for the competition rate of selling homes because the homes get affected in different ways all through winter, spring, summer, and fall.

For instance, some areas are intensely affected with snow during the winter and this makes them sell at a lower rate. On the other hand, during the summer, there is cut-throat competition for homes in neighborhoods close to schools and this provides an opportunity for you to sell your home at a fairly higher price than during any time of the year. Some of the benefits that you might surprisingly get if you wait until summer to list your home include;

Benefits of listing your home during summer

Summer provides suitable conditions for potential buyers to make a visit to a variety of homes that they may wish to buy. This is because the days are much longer and you can predict the weather. This provides you with an opportunity to meet a good number of potential buyers and your chances of making a much beneficial sale are improved. Probably one of them would be willing a significantly greater price than what you had wanted for the home in the first place.

During the summer families will be in a sort of rush as they would want to move into their new homes and get their children into new learning institutions. Therefore, you will deal with a number of serious buyers that would be willing to pay whatever price for a new home in the neighborhood for them to settle in as soon as they could.

Summer comes after spring and you would have an idea of the price listings of similar homes from the data provided on the sale of homes during spring. This should provide you with an idea of how to properly rate the price of the home you want to sell. A price that is too expensive might discourage buyers from even coming to inspect the home. You could also have a home inspection service done so that you are advised on the repairs and renovations that should be done before you proceed with the sale.

Bottom line

Some of the cons are that during the summer it gets too hot and buyers may not spend too much time searching for houses. Competition might get to its fiercest during this time because buyers will demand more house features before they eventually buy the house.


Author: Nicole Anthony

Responsibilities of a Home Inspector

If you have seen the perfect house for sale either in Chattanooga or any other place in America, you should not rush to purchase. You are recommended to have a home inspection process undertaken that should provide you with detailed information about the condition of the home. This is usually performed by a home inspector who might be attached to a real estate agent or even might be working on their own.

Home inspectors ply their trade in accordance with the laws of the state. Therefore, they act accordingly to provide you with useful information about the condition of the home. It is their responsibility to provide all the useful information that you should know about before you purchase the home. If they don’t, they might face serious consequences and might even lose their licenses if authorities are involved.

The roles of a home inspector

The home inspectors in Chattanooga should be able to;

i. Give their client a contract for them to sign (which is before the home inspection process)- the contract shows that the process of the home inspection is done according to the relevant standards

ii. They should then inspect the home, which should be readily visible and accessible by the home inspector

iii. Indicate the components of the home that need to be inspected and if others were not inspected they should state the reason for this

iv. State what components of the home they inspected and found not to be in the best condition and if they are affected with wear and tear, they should state if it’s normal or not

v. They should indicate if any of the components need to be repaired or renovated

vi. They should also state if any of the components of the building would need a specialist to come through and use their expertise and give their thoughts from a professional aspect

vii. They should provide details of the people conducting the home inspection- their name, license information, and their signatures

viii. They should also give their client a clear and concise report after the home inspection service

You should be aware that the home inspector’s actions are guided by the standards of the American Society of Home Inspection. The central figure should cover you if the home inspector you hired was not able to disclose user information about a house on sale. If this might have misled you to purchase the home, you could even take them to court and sue them for their lack of professionalism.

Bottom line

In Chattanooga, most of the home inspectors are attached to a real estate firm and this makes it a win-win for you. The fact is that the real estate agency you are working with would not want to sell to you a house in poor condition as they would want to maintain their reputation and save their face from public embarrassment. That is why before you purchase any house, a qualified home inspector should be your close consultant.

Author: Chief Inspector