During the holiday season, one of the most common questions we get is, “Is it good to sell our home during the holidays?” The answers can vary depending on who you asked about this issue, as different people have different perspectives and beliefs about selling houses during holidays.
Most people would say that the best time to sell a home is during the spring or summer rather than in the winter. This is because people tend to stay at home or are busy celebrating instead of thinking of buying a new home. Plus, people tend to shop more during the warm season. However, some would say you should sell your home.
As a homeowner who plans to sell a home, these opinions can get confusing. If you can’t decide whether or not to list your home, as real agents, we advise you to do so.
Though the time may not be ideal, selling your home during the holidays has its own advantages. If you enlist the best real estate agents to sell your home, you will be sure to transact with buyers who are serious about closing a deal regardless of the season.
Here are four reasons why you should consider selling your home during the holidays.
1. There’s a lower inventory of houses for sale during the holiday season
Most real estate agents in the U.S. will probably recommend selling your home during the warms seasons, but the experienced ones will tell you that the best time to sell is now.
During the warm seasons, there is a surge in the number of homes being listed for sale, which leads to higher inventory. A higher inventory of homes being sold means price wars in a buyer’s market, and your property will probably have to sit on the market for a while.
In comparison, having your home part of the holiday home sale can be beneficial due to lower inventory. Many home sellers tend to pull their listings from the market. This is due to the challenges in maintaining a home for sale this winter. Sellers don’t want to deal with the dirt and snow coming in and out and ruining their home staging. They would rather spend their time with their family during the holidays and re-list their property after New Year’s or maybe wait until spring.
You might worry that you will not sell your home this December because some sellers are pulling their listings, but this doesn’t mean people are not buying properties. In fact, the opposite is true. Buyers are looking for homes all year round. Some listings during the holiday season are even sold at higher prices. Furthermore, since there are a lower number of houses for sale, real estate agents can focus and exert additional effort to get your home off the list, especially if you partner with a reliable realtor in the U.S.
2. Both the sellers and buyers can match up their showing times more easily.
The majority of Americans often use their leave or take time off from work during holidays.
This means that potential buyers have more free time to think about buying a home and search online. Consequently, they have time to actually visit and view homes that are up for sale. This is another important reason why you should list your home during the holidays. Potential buyers can visit your house not only during the weekends (usually the most convenient time for viewing homes during the warm seasons) but also during the weekdays. Therefore, you can conveniently schedule showings and get more opportunities to showcase a home for sale.
Plus, as a seller, you can restrict showing time freely. During the holidays, it is not common to restrict home viewings, unlike during the spring market, where an unaccommodated showing request could lead to losing potential buyers due to the influx of the real estate market inventory. Also, buyers tend to be more understanding if you can’t accommodate them during the holiday seasons. This is because it’s the holidays and at the same time, they do not have a lot of options due to low winter inventory.
3. You can take advantage of the holiday spirit to make your home show better
Leveraging the festive atmosphere could help your property sell more quickly. Potential buyers can see and feel the ambiance given by the jolly neighborhood, which can help them consider the location of your property.
You can impress your buyers by staging the property in line with the existing holiday decorations. It can also increase the possibility of getting the deal. Homes with Christmas decorations give off a homey and comfy vibe that can help entice buyers. Furthermore, by creating the holiday ambiance, you can easily tap into the potential buyers’ emotions. In contrast with having home viewing during the spring when there are many people coming in and out to view the property, home viewing during the holidays can help potential buyers relish more on having the property as their own rather than getting distracted by the number of homes they’re looking at.
4. People are moving
According to Zillow, one of the biggest reasons that prompt buyers to move is a new job or job transfer (28%), and this is very common at the end of the year.
This time of the year people get informed about the occasional changes in the companies, and it’s mostly about relocations. Thus, this group of potential home buyers is extremely driven to find a new place to settle in before the new year starts, especially since employees with families want to find homes more quickly.
You can leverage this psychological drive to buy and sell your house quickly and profitably.
Need Help Selling Your Home this Holidays?
If you can’t decide whether or not to list your home, then enlist the best real estate agents to do it for you. By enlisting professionals, you’ll be guaranteed to transact with serious buyers who are more than happy to close a deal this season.
Our skilled real estate agents at Team Garner Realty Group are here to help you whether you are trying to sell over the holidays or any other time of year. Our realtors have all been properly educated, are the finest at what they do, and several of our agents have more than 20 years of experience in the real estate business.
Are you ready to sell? Call 781-829-4301 today!