Should I Buy or Sell During The Holidays?

IMG_0067“For the seller, they’re giving up their home where they have all of these attachments. For the buyer, it’s about painting a picture of their new lives and then carrying them through the whole process to a positive result.” – Sally Foster Jones, SFJ Group.

The song “Let it snow” has the words, “Oh the weather outside is frightful. And the fire is so delightful,” but buying or selling a home during the holidays can be a good idea.

Here are a few things to think, whether you’re a seller or a buyer, during this holiday season.

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11 Reasons Why You Should List Your Home During The Holidays

11. During the holidays your competition is lower, most sellers take their home off the Holiday Cookiermarket for the holidays. You are less likely to receive an offer from a buyer with a contingency, unlike the spring when there are more house on the market for less money. This is good for you since this will allow you to sell high and buy low!

10. You will be able to sell for more money and negotiate a delayed closing or extended occupancy until early next year.

9. Even with your house on the market, you will have the option to restrict the showings of your house during the six or seven days around the holiday.

8. Employees with new jobs usually begin in January and usually transferees cannot wait until spring to purchase  a new house, so being on the market during the holidays will capture that new transferee buyer.

7. Tax reasons, some people must purchase before the end of the year for tax purposes.

6. Buyer’s have more free time to look at homes during the holiday rather than looking at homes during the work week.

5. Buyers tend to be more emotional during the holidays, so they may be more likely to pay your price.

4. Houses that are decorated for the holidays show better.

3. Most sellers sell in January so your competition is higher, decreased demand means less money for you.

2. Fewer houses mean that serious buyers have less to choose from. Less competition equals more money in your pocket.

What’s the number one reason why you should listing your home during the holiday…

1. Serious buyers look for homes during the holidays!

Need additional information about what is going on in your neighborhood or have any questions regarding the real estate process contact me and let chat.

Until next time!

Ruth A. Cullis