Holiday Home Selling AdvantagesWritten by admin on Tuesday December 04, 2018
Are you looking to sell your home as soon as possible? You may think it’s better to hold off on listing your property until after the hectic holiday season. Alternatively, if your home is already listed, you may feel tempted to briefly take it off the market. After all, the holidays are stressful enough as it is, and selling a home could potentially add more stress. Before you do anything, however, you should consider some of these holiday home selling advantages:
Chances are, people will share your same opinion about holding off on selling during the holiday season. So, if you decide to keep yours on the market, it would mean that you will have less competition. The reduced inventory would, therefore, make it more likely for a potential home buyer to see your listing.
Your Home Will Feel More Inviting
The holiday season is the most cheerful time of the year, allowing you to fill your home with festive decorations, bake some holiday cookies or other treats, and get a fire going in your fireplace. This does wonders for your home showings. Your home will not only feel warm and inviting, but will also show a potential buyer how they can utilize its features over the holidays.
Buyers Are More Serious About Buying
Even though there might not be many people looking to purchase a home during the holiday season, those that are will be looking to close a deal fast. These buyers are typically pressed for time and will want to purchase a home before the year ends. This is especially true for home buyers with children, because they will want to move into the home before school starts back up in January. Others may simply be looking to take advantage of the good deals and less competition during this time of the year.
Transactions Are Easier to Close
Since there are usually fewer home buyers and sellers during the holiday season, lenders will have more time to approve and process loans. Furthermore, most lenders will want to close deals before the year ends, making them motivated to do their jobs as fast as possible.
You’ll Have an Opportunity to Change Up Your Selling Tactics
If you have yet to sell your home after having it listed for several weeks or months, you can use the slower holiday season to rethink your selling strategies. Perhaps you need to lower your asking price, update appliances, or make a small renovation. Try putting yourself in the shoes of the buyer, or ask a friend or real estate agent for their opinion on what strategy would be best for your situation.
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