the Best Time to Sell or Buy a House
Tamar Hermes is a full time real estate investor and educator. After building successful businesses in the retail and entertainment industries, she turned her attention to real estate with a mission to get more women to become investors and continue to build her portfolio. Tamar has been investing for over 20 years with a focus on appreciation with buy and hold single family homes and duplexes in Los Angeles. In the past few years, she has expanded her portfolio to include passive multi family investments across multiple states, private lending, and Airbnb properties. She bought her first duplex when she was 28.
As an educator and advocate for women to become educated and invest in real estate to grow wealth, Tamar focuses her time empowering and educating women across the country through her masterclass, The Real Deal Formula. She also coaches and consults women and couples privately about the opportunities to build their assets through real estate and supports them to connect hermes replica handbags
with reliable partnerships through her Wealth Warrior Woman Alliance.
Tamar always had a knack for saving money, but it took her years to discover there were other ways to earn income besides working a 9 5 job. She now firmly believes financial freedom is possible through real estate and understands the importance of knowing how to allocate and invest your money and protect assets is a critical piece of sustaining financial independence and creating a legacy.
Tamar currently lives in Los Angeles with her husband of 18 years and her two children. They plan to relocate to Austin at the end of 2020. When she isn teaching, reading, or learning more about real estate investing and self development, you can find her on a hiking trail with her rescue terrier Teena, listening to the BiggerPockets Podcast.
She also loves traveling, yoga, hosting dinner parties with friends, supporting her favorite non profits, hanging out with her Gobundance Women Tribe, and binge watching Curb Your Enthusiasm. She currently serves as the co director of the Los Angeles Chapter of The Mona Foundation, which has worked for 20 years to alleviate poverty through gender equality and education around the world.
Tamar first book on real estate investing for women will be published this year.
Before Tamar discovered real estate investing, she attended Pitzer College and the American Academy of Rome. She majored in communications and fine arts. In fact, based on an ATTOM Data Solutions’ analysis, October is one of the slowest months of sales. If you find a serious homebuyer, you could close at a quicker pace than usual.
There’s also something magical about a house during the holidays. Plus, desperate sellers might lower their price in winter.
This all comes with the risk of attending showings and signing the papers in inclement weather.
Spring and summer
And more buyers can lead to competition for your individual property! Negotiations and bidding wars drive prices up, and that’s great for the seller. Chances are you won’t have to say yes to that first offer.
But this might mean buyers are pickier because they know there’s more houses they can buy during these seasons. In the summer specifically, buyers are extremely motivated especially families with kids. Most moves happen during summer months since it’s the easiest time to move. You won’t have to compromise as much on your wants. Plus, the weather will be beautiful perfect for picturing yourself on the porch of your future house!
You won’t be the only buyer though. As listings increase, so do the number of potential buyers, which means competition can be fierce. That being said, buyers in the fall are eager and motivated to finally settle their routine into a new home.