Why You Should Buy a Home During the Off Season

Your personal home-buying schedule doesn’t have to correspond with the real estate market! In fact, buying during the “off season” can yield tremendous advantages.

The “off season” differs depending on your specific location, but always refers to the period of time during a calendar year when both inventory and competition are low. Usually, this corresponds with the weather conditions in a particular area.

If you’re buying a home, you may just want to begin looking for your dream home during this period of market inactivity. Here’s why:

There’s Less Competition

Woman in a purple shirt sitting outside at a coffee shop table with her cell phone in one hand looking at a laptop screen.During the off season there are typically far fewer active buyers looking for homes, as most buyers prefer to look for homes when the weather is great or their kids are out on summer vacation. If you’re searching during the off season, you won’t feel as much pressure from other buyers looking at the same homes as you.

This gives you plenty of time to tour homes, think about them, and come to a decision about whether or not you want to put an offer down.

But the Same Great Inventory

Large kitchen interior with hardwood floors, sleek chrome appliances, and a large island with bar seating.While inventory does decrease during the off season, you can still expect to encounter a great selection of homes for sale in your area. Home selling tends to correspond less with the weather or the time of year and more with an individual seller’s situation.

After all, sellers usually have unique reasons (like relocating for work or searching for a bigger home) for selling their home that aren’t related to the weather or the season.

So no matter the time of year, there will always be homes for sale.

You’ve Got More Room for Negotiation

Two adults sitting across from each other at a coffee shop discussing something while one of them looks at a computer screen.As the buyer, you have the upper hand during the off season. Fewer buyers often mean more desperate or eager sellers. And many times, sellers whose homes didn’t sell during the busier seasons will drop their price to appeal to more buyers.

This eagerness to sell gives your more power in your negotiations. By working with your Realtor, you may be able to get the seller to agree to a lower price, or possibly even some upgrades or repairs.

Your Realtor Won’t Be as Busy

Not that your Realtor shouldn’t always make time for you, but during the hectic busy season, it can be tough! During the off season, real estate agents usually have fewer clients — meaning they have more time to dedicate to you and your needs.

However, when you choose to partner with us, you can expect a superior level of customer service—any time of year. Give us a call today to get started on buying your dream home.

About Walter Burns

Walter Burns is a licensed New Jersey Realtor since 2002 and he specializes in luxury living in the hottest New York Metro area communities including the prestigious New Jersey Hudson River waterfront areas of Hoboken, Jersey City, Bayonne, Union City, Weehawken, West New York, Guttenberg, North Bergen, Cliffside Park, Edgewater, and Fort Lee. Walter's mission, desire, and goal is to assist all parties in accomplishing their real estate goals, as well as to empower his clients through exceptional service, creating extraordinary results. Having been mentored by several of the top 100 Realtors and Developers in the United States and Canada, he graduated from Rowan University and currently resides in Hoboken. Walter is part of Weichert Realtors, the largest privately owned real estate firm in the world. NJAR Circle of Excellence Sales Award, 2009, 2010, 2011. Google

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