In the world of real estate, you usually hear how it is best to sell your house in the spring months. Most people lay low or are too busy with the holidays during the winter months to consider buying a new home, and most likely prefer to home shop in the spring to ensure that they are settled in their homes before the start of a new school year.
But, life happens. What if you find yourself in a position where you can’t wait for the weather to warm up before putting your house on the market? Is it a good idea to sell your home during the holidays? Surprisingly, there are many benefits to selling your home during the winter months. Here are reasons why it may be a good time to sell your house.
Buyers are Strongly Motivated
Anyone looking for a new home between Thanksgiving and New Year’s is likely to be a serious buyer because no one is going to waste their precious family time looking at houses during the holidays.
Putting your home on the market in the winter season and attracting a serious buyer can often result in a faster sale.
Less Inventory & Competition
Unlike in the spring and summer, there is usually less competition during the holidays. Many sellers do not want to list their homes just before or during the holidays, because of the obvious reason for simply wanting to spend time with their families and friends.
Again, you may hear that you can get the most from your home in spring and summer, but even if inventory is limited, there are plenty of homes listed around the holidays that may command a higher price. You may sell your home faster than those listed in spring if you play your cards right.
The Cozy & Festive Feeling
Holiday decorations can bring out the best in a home and attract buyers! Your home will look and smell wonderful if staged in a clever fashion. Turn the heat on, and bake a batch of cookies for an irresistible smell to pass through the home. Buyers can picture themselves better in a home that feels comfortable and cozy.
Furthermore, the holidays can provide an emotional connection to a home, making a buyer feel more compelled to write and make an offer (and possibly pay more).
Year-End Job Changes
The end of the year is typically when people are informed that they will be moving due to a job transfer, or when an offer from another company comes in that is simply too good to pass up.
Those people will need a home sooner rather than later, so they will be looking for a new home during the holidays. These buyers can’t wait for spring, which is why listing during the holidays can result in a quick sale.
In Closing
Despite what you’ve heard, selling your home during the holiday season has many benefits. You can face less competition, have more serious buyers, and possibly even a quicker sale process. You also have the opportunity to create a warm and cozy atmosphere that you can’t really create in the warmer months.
If you find yourself ready to sell your home this season, don’t shy away because you think it may be a failure! Speak with one of our Realtors today and let’s get your home ready to sell!