Is this the right time of year to sell?

I would like to find out who started that rumor. The myth-understanding with this statement is not based on any factual data. I guess people just assume that because no one would want to move in the winter time, that the market slows down. The truth is, people move all year round. In fact, December is sometimes our busiest time of the year. Yes, it's true. We have sold more homes in December than in August, two out of the last 4 years.

This myth-understanding comes from statistics you have heard. The statistics from the National Board of Realtors shows that typically 50% of all homes that sell in the United States sell between Memorial Day and Labor Day. That is most likely because everyone likes to move when school is out.

Here is a fact you may not be aware of. Even though 50% of all homes sell during the summer months, there is a LOT more competition on the market. Everyone seems to wait for summer to sell. That creates more competition than normal and can sometimes result in lesser sales prices because the supply is larger than the demand.

Another fact is that people do move all year. By the time November comes, most of the summer seller's who overpriced their properties are beginning to expire (or come off the market). By December the inventory levels are much lower than they have been all year. Even though there may be fewer buyers in the marketplace, there are fewer homes to choose from. Supply and Demand seem to equal out, which makes for a great market. Buyer and Seller, BOTH, get a fair price for the property.

Summer buyers begin searching on the internet in November & December. They start the pre-approval process. If they get all their ducks in a row, they just might find the home of their dreams before summer get here. RESULT: Properties selling. In fact, February and March are very busy months for the real estate industry.

But, I must be honest for a moment. Much of the industry may be laying low during those winter months because they were taught the same as you...homes don't sell in the winter months. The Korn Team helped over 120 families in the Greater Kansas City area last year and we are here to tell you, "That just isn't so. People are moving every day of the year".

Our Instant Notification Program notifies buyers of homes daily as they become available. Our clients don't miss great bargains or dream homes because they can drive by properties as they become available, not just once a week or once a month. In fact, The Korn Team even provides a FREE home search tab on our website at www.wesellkansascity.com where buyers can save their searches.

Because we don't take the winter months off, our seller clients continue to get massive exposure until their property sells.

If you are planning to sell a home and would like more information about how we market our listings or to get a personalized consultation regarding the sale of your property don't hesitate to contact us for a FREE, no obligation, analysis of your situation. You can contact us at (816) 224-KORN (5676) or visit www.kornteam.com

If you are planning to buy a home an would like more information about our Instant Notification Program, just contact us at (816) 224-KORN (5676) or visit www.kornteam.com

Happy House Hunting and Selling!
Brad Korn
The Korn Team

Top Agent Blog

The Kansas City market continues to be a great place for buyers and sellers. Have you heard of a Real Estate Bubble? Well, there is no bubbles close to the midwest. Home values are at a steady 3%-5% increase each year. There are some areas and neighborhoods that may be going up in value faster than that, but overall it is pretty steady.

Many real estate investors find Kansas City a great place to put their investment dollars. Multifamily and commercial properties are some of the best prices in the country. Also, our buy and hold investors find that this market in many cases offers rental rates that break even up to several hundred dollars a month in cash flow. Compared to other markets around the country where investors carry properties with no to negative cash flow, the Greater Kansas City area can offer some cush room.

You can search our FREE list of over 19,000 homes currently for sale in Greater Kansas City at www.kornteam.com. If someone would like more information about investment in commercial real estate or multi-family and apartment buildings, feel free to contact us directly and info@kornteam.com or by calling (816) 224-KORN (5676)

Brad Korn
Serving Greater Kansas City
www.kornteam.com

Now there is a site available for the Kansas City Homeowners and Homebuyers! You can come to this site to find out about Real Estate activity happening in and around the Greater Kansas City Market.

Kansas City continues to be a stable market for real estate. To stay informed with real estate updates and comments, be sure to register for this Blog to keep you up to date.

If you would like more information, feel free to contact me, Brad Korn. You can visit our website for all of our contact information at www.kornteam.com.

Thanks! Looking forward to blogging with the Kansas City area residents :)