Before I jump into this I wanted to pass something that a very wise man told me. Would you make an important decision based on what you know, or what you don’t know?
What do we know about the market right now? (see my market updates) Very few homes for sale though the numbers sold are still high- lots of buyers, few sellers. This means faster sale times and more money for you the seller.
What do you not know about early next year? How about this… which home on my block is going to be short sold? Which one foreclosed on? What are rates going to do? Lots of scary unknowns that could result in less money in your pocket. By the way… I can tell you which homes on your street are in default and may end up being your next worst nightmare a few months from now as a seller. Give me a call and I’ll fill you in.
Ten Reasons to Sell Your Home During the Holidays vs. Waiting Until January:
(1) While there may be fewer buyers out there, people that are looking for a home during the holidays are serious buyers and ready to buy.
(2) There are fewer homes for buyers to look at during the holidays, which mean there is less competition for you as a seller. Less competition =more money
(3) After the holidays, the supply of listings increases substantially, which lowers the demand for your home. More competition = less money
(4) Your home shows better when decorated for the holidays.
(5) Many buyers have more time to look for property during the holidays. Typically more time off from work. Partners can look together.
(6) For those sellers concerned about showing during holidays, we will restrict the showings on your home to the times you want it shown. You will remain in control.
(7) You can sell now for more money and not have to physically move until January or February as opposed to getting the process started later. Lost in other listings, it could take longer to sell.
(8) Buyers think there is less competition from other buyers during the holidays.
(9) Relocation buyers are still out there. Companies not concerned about holiday time and if they have kids they want to get them into school after the holidays.
(10)Virtual tour will look better this time of the year.
