Holiday season from November through January is usually considered the hardest time to put a home on the market. But, there are many benefits that people look right through that will help you sell your home. Buyers that look for houses during the holidays tend to be more serious and there is not as much competition with fewer homes being marketed.
- You won’t have to compete with a ton of homes like yours during the holidays because not many people like to show their homes at this time. Reduced inventory means more buyers checking out your home.
- Make sure to keep an open availability and stay flexible for showings to help sell your home faster.
- Buyers who are looking for a home and take their time out of their busy schedules during the holidays are most likely serious and want to get a home as soon as possible. Also, be open to negotiating contract terms that work with their schedule.
- Buyers might be relocating to start a new job for the new year and they are looking for a home and it is a perfect time to show your home.
- Many home buyers purposely choose to purchase a home before the new year to receive a tax write off. Home buyers who close before the end of the year could be eligible for tax credits, such as deductions for home mortgage interest, real estate taxes, and PMI premiums.
- Companies give their employees some time off for the holidays and that means buyers will have more time for showings.
- Interest rates tend to drop at the end of the year according to statistics and don’t usually come up during the holidays.
- There is less wait time for home inspectors and appraisers.
- Sales always happen around the holidays so get any remodeling done and save some money.
- People love the holidays and the spirit. Make sure your home is nice and welcoming during your showings. Decorations and a delightful home will allow buyers to see their own families celebrating the holidays in your home next year.