3 ms·
> Many people believe that it’s better to sell a house in the spring, for example, because more buyers are looking then. But what really matters is the ratio be
by cantrevealname 11y ago
> Many people believe that it’s better to sell a house in the spring, for example, because more buyers are looking then. But what really matters is the ratio between buyers and sellers. You’d rather sell your house when your town has 20 buyers and only 2 sellers than when it has 100 buyers and 500 sellers.
That's a great observation, and I wonder if anyone has done a serious study on the optimal season to sell a house.
- singulaire 11y agoI'm sure that plenty of people have examined statistical data to make conclusions of this sort. The interesting question would be whether anyone seriously studied the effect that the buyer:seller ratio has on prices.
- dwd 11y agoYou also need to consider the secretary problem https://en.m.wikipedia.org/wiki/Secretary_problem https://en.m.wikipedia.org/wiki/Secretary_problem in calculating an optimal selling point.