Why Should You Sell Your Home in January?
LOUISIANA REALTORS • December 19, 2017
The holidays are hectic. From shopping to decorating to traveling there is always a lot to do. Winding down the year with all of these festivities combined with the thought that spring is the ideal time to list your home, makes putting your home on the market
right after New Year’s a tough decision to make; but maybe it shouldn’t be.
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While spring may still be the peak home shopping season, as people want to be able to move while their kids are out of school; selling your home in the winter does offer some competitive advantages.
· Less competition: With spring being the most popular time to list a home, getting a head start in January means that you’ll have fewer homes to compete with.
· Preparation time: Planning with your REALTOR can take time for getting your home ready to sell. Even if you don’t put your home on the market it January, beginning earlier in the year will put you ahead of the curve.
· Buyers are looking all day, every day: With the limitless number of resources available now, potential home buyers are looking year round. You now have a captive audience, and listing your home in a quieter time of the year will give you more exposure.
If you are considering selling your home, the most important step is to find a REALTOR. A REALTOR’S experience, expertise, and resources will give you the best opportunity to quickly, efficiently, and successfully sell your home, no matter what the calendar says.
From the Louisiana Department of Insurance: Insurance Commissioner Tim Temple announced today that the Louisiana Department of Insurance (LDI) continues its work to develop a regulation creating benchmark discounts for Fortified roofs in Louisiana. The LDI is working with the National Association of Insurance Commissioners (NAIC) to develop the benchmark discounts using Louisiana-specific data, hurricane modeling and actuarial considerations. “With over 11,000 Fortified roofs in Louisiana and two years-worth of insurer experience with rating for those roofs in our state, now is an appropriate time for the LDI to establish benchmark discounts for homeowners insurance companies operating in our market,” said Commissioner Temple. “These benchmarks are being thoughtfully developed to help consumers receive the discounts they deserve for fortifying their homes while making sure insurers know the benchmarks reflect how much Fortified roofs actually mitigate their exposure to risk across Louisiana.” Like in Alabama’s Fortified benchmark discount structure, the LDI regulation would require Louisiana insurance companies to either meet the minimum benchmark discount established by the LDI or provide actuarial justification for why the company’s discount does not meet the benchmark. Louisiana is the fastest growing state for Fortified roofs in America. To date, over 11,000 Fortified roofs have been installed in Louisiana, including over 4,100 through the Louisiana Fortify Homes Program.
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