Why the Holidays are an Opportune Time to Sell Your House
Many homeowners and real estate agents believe the best time to sell real estate is in the spring. After all, many people hunker down during the winter or are too busy with the holidays to think about buying a new home. Buyers often like to start shopping in the spring to make sure they are settled in their homes before the start of a new school year.
But the winter holiday season does have its benefits for home selling as well. So, if you can’t wait until the weather warms up to get your house on the market, you can take advantage of some of winter’s unique upsides. Here are six reasons why the holidays are indeed a good time to sell a house. (1)
Lower Housing Inventory
Competitions in the home selling market tend to be lower due to the smaller number of houses listed around Holidays. Buyers also purchase houses during other times of the year, so one should wait for the spring season to get the most out of their home selling.
According to real estate experts, there are more buyers this season than the number of listed homes, meaning the buyers will scramble for the few listed homes. It creates a price war due to stiff competition among buyers.
One reason your home may sell faster and yield you top dollar is that many homeowners avoid listing their homes during Holidays. They want to enjoy the seasons with their families and avoid ruining them with the hassle of finding a market for their homes.
Consequently, they unknowingly create opportunities in the market by increasing competition among buyers. So, we buy houses Holiday FL companies will have a limited range of properties, limiting them to your property.
Additionally, with limited choice, you can increase your asking price to fetch more from selling your home.
More Serious Buyers
Summer and spring attract more sellers to put their properties for sale. However, only a few buyers who check out your home want to buy it. Most people will saunter without a comprehensive plan for buying it. It is usually a normal market time.
However, if you enlist your property for sale, especially in winter, and we buy houses in Hudson, FL, experts look at it; they are likelier to get serious with the deal.
Experts reveal that chances are high that buyers looking for property between Thanksgiving and New Year’s will likely buy the home. Therefore, enlisting your property during this season may attract serious buyers, and not only can you sell your property fast, but you can also sell it at top dollar.
That Warm and Cozy Feeling
Homeowners intending to sell their house during the holiday can align it to the festive traditions by leveraging holiday decorations to create a cozy interior and curb appeal. Because some buyers may be unwilling to show the house in the winter due to dreary weather, think ahead of them, turn the heat up, and ensure the driveways and sidewalk are dry and out of snow to boost your home appeal.
And since the holiday season is full of emotions, some home buyers may make decisions or offers based on their feelings. The more you impress them with the warmer and cozy appeal, the higher offers they will likely submit.
Festive Neighborhoods Are Inviting
Home buyers have the choice of the neighborhood they want to live in. And, of course, no one wants to live in a dull neighborhood. Holiday months are the best time to decide the neighborhood they prefer because people tend to decorate their homes, especially with Christmas trees and festive lights.
Local communities adorn their homes with wreaths, lights, and other materials to add to the festive mode. Thus, home buyers may be impressed by your neighborhood. Although many sellers may not know this trick, it works, and your home may get a higher offer courtesy of a cheerful neighborhood.
Year-End Job Transfers
People are usually notified of job transfers at the end of the year, raising the demand for homes. Or some company made a lucrative job offer worth considering. When people move due to job transfer or new opportunities away from their homes, chances are high that they are going to need a new place to call home.
And since this is not something they have been planning for the last few years, they probably did not build new homes near their next job places. When you enlist your home during this season, you will sell fast and make the most out of your property due to high demand.
With a few sellers willing to enlist their homes, there is a price war due to competition among buyers for the few homes in the market.
End-of-Year Tax Breaks
Although reducing the property tax bill is not the deciding factor buyers want to consider when making offers, it could contribute significantly to why potential buyer makes an offer, especially during the festive seasons. The buyers are looking to deduct interest costs of the loan, property taxes, and mortgage interest, more so if the deal closes before December 31st.
The bottom line of selling your home fast during the holidays is offering premium property that will not only attract buyers but also demand more offers. Put up your property for sale during the holiday seasons, like December. Although there are a few buyers, they are serious buyers. Similarly, chances are high that buyers looking for a home during Thanksgiving want to settle before December.
While several sellers believe that their property will get lower offers or languish on the market if they list them during the Holiday, there are numerous advantages they can enjoy. They do not face stiff competition from other sellers because only a few sellers will list their homes. Again, they will receive offers from serious buyers.
Charming and appealing surroundings could be a decisive factor in selling your home fast and at a higher price.
Justin Setzer is a highly motivated entrepreneur with a passion for real estate investing. He is the founder and CEO of Home Options, a company that specializes in buying homes for cash. Home Options helps homeowners who are in difficult situations, such as facing foreclosure, needing to relocate quickly, or inheriting unwanted property.
Justin has several years of experience in the real estate industry and has helped many homeowners sell their homes quickly and easily. He is dedicated to providing exceptional customer service and creating win-win solutions for all parties involved.