If you need to sell your home, the holidays are a great time to have it on the market. Here is why:
- People who look at property during the holidays are serious buyers and are more ready to make a decision.
- Serious buyers have fewer houses to choose from during the holidays, so the property has less competition.
- Houses “show better” when decorated for the holidays with the wonderful lights and festive colors associated with the season.
- Buyers are more emotional during the holidays and often base their decision on the warmth and good feelings they receive when viewing the home.
- Buyers have more time to look for a house during the holidays because they have designated time off from work to purchase a home.
- Many people want to buy before the end of the year for financial and tax reasons.
- January is traditionally the month for transfers. Transferees can’t wait until the spring to buy. These buyers need a home now and houses must be on the market to capture these buyers.
- Sellers can restrict showings during personal family events and still take advantage of their homes being spruced up and decorated “show ready” property.
- Sellers can sell now – but specify a delayed closing or extended occupancy until early next year if it is agreeable within the negotiations of the contract.
- By selling now sellers have the opportunity to buy during the spring – when more properties are on the market.
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