During this annual period, homeowners preparing to relocate face a crucial choice: should they sell before the holidays or wait until afterward? Some sellers, particularly those with homes already listed, might even consider temporarily withdrawing their listings until the turn of the year.
However, the reality is that numerous buyers actively seek homes during the holiday season, and your property could be precisely what they desire. A Fortune Builders article sheds light on this, stating:
“ . . . while a majority of people take a step back from the real estate market during the holiday months, you may find when the temperature drops, your potential for a great real estate deal starts to rise.”
To help prove that point, here are four reasons you shouldn’t wait to sell your house.
1. The desire to own a home doesn’t stop during the holidays. Although some buyers might choose to postpone their relocation plans until January, there are those who find themselves needing to move immediately due to recent changes in their lives. Typically, individuals searching for homes during this season are highly motivated to expedite their move and are enthusiastic about making a purchase. According to a recent article from Investopedia:
“Anyone shopping for a new home between Thanksgiving and New Year’s is likely going to be a serious buyer. Putting your home on the market at this time of year and attracting a serious buyer can often result in a quicker sale.”
2. While the supply of homes for sale has increased a little bit lately, overall inventory is still lower than it was before the pandemic. So, what does this imply for you? Collaborating with an agent to set the right market value for your house might result in a swift sale. The current demand from buyers indicates a desire for more options, and your home could be precisely what they are seeking.
3. You can determine the days and times that are most convenient for you for home showings. This can assist in reducing disruptions to your personal schedule, a particularly crucial aspect during this bustling time of the year. Additionally, you might discover that buyers are more adaptable in scheduling house tours during this season, given the increased availability resulting from holiday time off from work.
4. And finally, homes decorated for the holidays appeal to many buyers. For these buyers, envisioning moments of gathering with their loved ones in the house and creating lasting memories is effortless. A piece on selling during this season provides the following guidance:
“If you’re selling around a holiday and have decorations up, make sure they accent—not overpower—a room. Less is more.”
BOTTOM LINE
Numerous compelling reasons exist for listing your house on the market during the holiday season. Reach out to the Sycamore Team to determine whether now is the opportune moment for you to sell.
