Is Your Home the Star of the Show for Holiday Buyers?

As the holiday season approaches, homeowners contemplating a move face a crucial decision: should they proceed with the sale now or postpone until the new year? Some sellers who have already listed their properties may even consider withdrawing their listings until after the holidays.

However, the reality is that numerous buyers are actively seeking to acquire a home during the holiday season, and your house could be precisely what they are searching for. As detailed in an article by Fortune Builders:

"While many people put their home buying plans on hold during the holidays, you have the opportunity to seize great real estate deals as the year draws to a close."

To support that idea, here are four reasons why you should not postpone the sale of your house.

1. The desire for homeownership remains robust even during the holiday season. While some buyers might choose to postpone their moving plans until January, others may have an immediate need to relocate due to recent life changes. Those actively searching for homes during this season are typically highly motivated to facilitate their move and are eager to make a purchase. According to a recent article from Investopedia:

"Buyers on the hunt for a new home between Thanksgiving and New Year's are often highly motivated and ready to make a purchase. Listing your property during this time can increase your chances of attracting serious buyers and achieving a swift sale."

2. Despite a recent slight increase in the supply of homes for sale, the overall inventory remains lower than pre-pandemic levels. What does this imply for you? Collaborating with a real estate agent to price your house at market value could lead to a swift sale, as current buyers are eager for more options, and your home might be precisely what they are seeking.

3. You have the flexibility to choose the days and times that suit you best for home showings. This allows you to minimize disruptions to your schedule, which is particularly crucial during this hectic time of the year. Additionally, you might discover that buyers are more adaptable in scheduling house tours during the holiday season, given their increased availability due to time off from work.

4. Lastly, homes adorned for the holidays attract numerous buyers. For these potential buyers, envisioning themselves gathering with loved ones in the home and creating their own cherished memories is effortless. Guidance from an article on selling during this season includes:

"If you're selling during a holiday season and have decorations displayed, ensure they complement the room rather than dominate it. Adopting a 'less is more' approach is advisable."

Bottom Line

Numerous compelling reasons support listing your house during the holiday season. Reach out to a real estate agent to determine whether it's the opportune moment for you to sell.