It’s the most wonderful time of the year… to sell a house? There’s always that question whether or not you should keep your house on the market for the holidays. You figure that potential home buyers will be preoccupied with buying gifts, planning parties, cooking meals, and visiting relatives; the last thing on their mind is searching for and purchasing a new home, right? For this reason, many home sellers choose to temporarily remove their home from listing, then wait until the new year to relist. Before you hold off on listing your home until the new year, consider the benefits of listing your home for sale during the holidays, such as:
- Many home sellers either hold off from selling or take a break from selling during the holidays. Inevitably, the amount of listings on the market drop down, which means less competition for your home. With less competition, you could potentially sell your home faster, for more money. Once the market comes back up in the spring time, a lot of sellers will list their homes all at once for lower prices, which may drive the whole market down.
- Home buyers are generally the most motivated during the holiday season, greatly aiding sellers. Although there will be less buyers looking at homes this time of year, the buyers who do look are more serious about closing. “While the traffic is down, the buyers who are out there — when it’s soggy and dark at 4:45 p.m. — they’re not just poking around for the fun of it,” said Billy Grippo, a broker for Windermere Cronin and Caplan Realty Group. “They’re wanting to buy a house.”
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