As the Holiday season quickly approaching, we have many clients ask, “is it a good idea to sell my home during the holidays?’ In short, yes, it is a great idea to sell you home during the holidays. Given that packing and moving is part of this process and can be stressful at times, with the lack on inventory on the market, selling during the holidays can be a great way to start the new year. I recently read an article by Dave Ramsey (financial planning guru) and here are a couple points that he makes about selling during the holidays:
3 Key Reasons:
1. Less Competition
You’re not the only homeowner who’s considered taking your home off the market during the holidays—most don’t want the hassle. And most new sellers will decide to wait until the first of the year or even springtime to put their homes up for sale. That’s great news for you because you won’t have to compete with dozens of other homes just like yours to get buyers’ attention. Reduced inventory means more buyers checking out your home, either online or in person. Keep their attention by making sure your home is priced to sell and that your home is in “show” condition at all times.
2. Motivated Buyers
Anyone who takes time out of their busy holiday schedule to shop for a new home is serious about buying now. Perhaps they are buying a home for tax reasons or are relocating to start a new job in the new year. Maybe they’ve been looking for months and just haven’t found that perfect home yet.
3. Your Home Looks Great
Emotion plays a huge role in which home a buyer purchases, and you can capitalize on that by making your home cozy and cheery during showings. Tasteful decorations and a minimum of clutter will allow buyers to see their own families celebrating the holidays in your home next year. Make sure your decorations enhance rather than detract from your home’s best features, and remember to remove them as soon as the season is over.”
If it is a traditional equity sale, or short sale, selling your home during the holidays can be a great way to end the year on a positive note. If we can be of any assistance in helping you assess the timing of selling your home, please do not hesitate to write us here at ShhortSale.com.Happy Holidays.
– Jeff Grant, President, ShhortSale.com