Is the summer the best time to look for a property?
August 5, 2016
Pessimists claim that everything stops during summer vacation and as a result, it’s useless to look for a property rental or purchase during this time. The same people insist that leaving on a vacation will make you miss the house of your dreams. Don’t fret: the summer can very well be the best time to find a home!
Real estate stops in the summertime: true or false?
Although it’s true that most economic activities slow down in July and August, this observation should still be taken with a grain of salt in real estate. Indeed, first of all, many individuals move during these months so they’ll be set up when school starts and they’ll have time for construction work. Lots of rentals can then be found on the market and aren’t necessarily reserved as soon as the previous tenants leave. Also, some owners take advantage of their time off to put their property up for sale and put out ads or contact realty agencies. Taking photos, preparing the house and managing phone calls take time, but a flowering garden and a sunny home effortlessly add value to a property! Owners are also often more available for visits or simply to answer questions from their potential buyers. Finally, the competition eases up during this period. Perhaps you’ll find slightly fewer ads, but sellers and realty agents will surely have more time to spend on you!
Reconciling vacation and real estate searches is possible!
Having time off lets you get away from the world, but no necessary from your real estate search. Even if you don’t go through a realty agency, which will keep an eye on ads for you, you can install apps onto your smartphone that will alert you when new ads are placed. Thanks to increasingly precise setting, you’ll only be alerted when ads for properties that exactly meet your expectations are posted – number of rooms, location, etc. Also, virtual visits that are now offers by all real estate sites can let you quickly determine if a property will interest you. No need to come back from vacation early to check them out! Furthermore, you can often contact owners by email to get more information, and why not set an appointment just after you get back? With an email address and a mobile phone, you can be contacted and manage your search even on vacation. It’s also rare for a deal to be made in only a few days. That way, taking two weeks off surely won’t make you miss out on the perfect home!
Even though it’s not the best time, the summer isn’t necessary the worst time to start searching for a home. And taking vacation won’t keep you from accomplishing your real estate search. On the contrary, the summer has many advantages, for buyers as well as sellers and realty agents!