Why the Holidays Are a Great Time to Sell Your House

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! 

Can You Sell a House As-Is in Texas?

Are you wondering if you can sell your house “as-is” in Texas? Simply put, the answer is yes. Whether you have a fixer-upper or have recently inherited a family member's home, the goal is sometimes to avoid repairs, get a decent offer, and move on. 

In reality, selling a house "as is" usually means accepting a lower offer, and it still doesn’t prevent buyers from negotiating the price. Let's look into what "as is" means and a few other facets of this type of sale. 

What Does “As-Is” Mean?

“As-is” is a type of sale where it is clear that no improvements will be made to the property. The seller makes a choice not to accept any requests for repairs or provide any type of credit for fixes. 

When selling a home “as-is” the ultimate condition of the property, to the best of the seller’s knowledge, should be accounted for in its entirety. A sale of this type may indicate the functionality and lifespan may not be too favorable for a roof, or appliances for example. 

What Should Be Disclosed?

If you choose to sell your home “as-is” in Texas, you can’t necessarily sweep problems under the rug. You will still need to fill out a Seller’s Disclosure Notice prior to your home being listed by your Realtor. The form will walk you through documenting what you know about specific features in your home, conditions, and any problems that you as the seller are aware of. 

The Seller’s Disclosure Notice will also ask you to fill out information regarding roof and wall defects, termite damage, previous flooding, and the list goes on. No matter the route you take to sell your home, it is required that you make these disclosures to the best of your ability and knowledge.

What Homes are Usually Sold “As-Is”? 

It is highly likely that homes being sold “as-is” are the ones that are outdated, definitely not move-in-ready, or in sparkling condition. These sales are less attractive on the surface, but they are the type to attract investors searching for their next house to flip or buyers seeking a bargain because it may be in a great location or they see the potential it has to offer

People tend to sell their homes “as-is” when they don’t want to hassle with contractors, put money into repairs and upgrades, or just want to get something off of their hands that they inherited. You can see how someone else's “trash” really could be someone else’s “treasure” in this case!

Selling “As-Is” With Your Realtor’s Help

When you go approach selling your home “as-is,” you will want to make sure the real estate professional you choose doesn’t shy away from this type of listing. They will need to have a good network of investor connections and can go the extra mile on marketing because you will most likely have a smaller pool of buyers. 

Your Realtor may recommend you still make sure the house has a deep clean, decluttering, staging, fresh paint, and curb appeal. Although these efforts may seem minimal, they work in your favor in a big way and can provide you with more showings and a better return on investment.

Are You Ready?

You should now have some familiarity with some aspects of “as-is” home sales. Maybe you have a better understanding of if this is the best option for you. Whether you want to go this route and sell “as-is,” or if you’re ready to put in a little extra work to prepare your home to sell, our team at 316 Realty Group is ready to help. Reach out to us today and let us share with you our game plan!

How to Maximize Profit When Selling Your Home

Getting your home sold is stressful and tedious, and if we’re being honest, no one wants to be in that situation any longer than necessary. Fortunately, there are actions you can take to get into and out of the selling process swiftly and profitably at the closing table. 

The profits from your sale could be rolled into your new house, or fun another investment, so either way, it's worth making the effort to maximize profit! Keep reading to find out some ways you can maximize profit when selling your home!

Make Cost-Effective Improvements & Repairs

When it comes to the decision of where to put money into upgrades, keep in mind the kitchen and bathrooms are normally the most used rooms in the house. Dirty and outdated fixtures and colors are sure to turn away buyers and cause them to look elsewhere. Shopping for inexpensive but up-to-date fixtures and hardware will work in your favor and make your home stand out.

Keeping paint natural and consistent throughout the home is also another way to make your home more desirable and helps buyers envision their belongings in the space as well. 

Don’t forget that working on your curb appeal and some simple landscaping will go a long way, too!

Clean & Declutter

You want your home to be seen in its best light. Before showings begin, take the time to remove all clutter and unnecessary belongings from rooms, and organize to show off all the space your home has to offer. 

Pay attention to baseboards, vents, appliances, fans, and light futures, and give them a good cleaning to ensure they are free of dust and debris. 

Avoid Overpricing

This is where one of our professionals at 316 Realty Group will use their expertise. You may be biased because it's your home, but one of our agents will perform a CMA (Comparative Market Analysis) to help them estimate the value of your home, taking into account similar homes in the area. 

You must avoid setting your initial asking price too high in hopes of trying to get more than it's worth. Even in a seller's market like today, selling your home higher above the fair market value can lead it to sit on the market for much longer. Even pricing slightly below market value can attract more attention, and multiple offers give you more negotiating power.

You can count on having your home priced correctly and competitively with one of our knowledgeable agents. 

Choose the Right Time

Usually, the months in Spring are deemed the greatest time to sell, but this does not guarantee that it will be the best time to sell in your market. Buyer demand is influenced by factors such as school timetables, vacation buyers, and the weather.

To get the maximum money when selling your home, most importantly sell when you have enough equity to pay off your current mortgage, the fees of selling, and the costs of moving. Otherwise, you'll have to pay for many of these expenses yourself.

Final Thoughts

Among all of the actions you can take to maximize profit when selling your home, the most important by far is having a knowledgeable real estate professional who you like and trust to be on your side. Their expertise is indispensable when it comes to pricing, negotiating, marketing, and beyond. Contact us today at 316 Realty Group so we can work together!