The holiday season is officially upon us, which means that many potential home sellers are wondering whether it’s a good idea to put their house on the market during this time of year. While it can be a little more difficult to sell a home in December and January, there are still some compelling reasons why you might want to take the plunge and list your property this month.
Here are 5 reasons why selling your home in December and January could be the right decision for you:
1. Low inventory: During the winter months, many sellers take their homes off the market due to the holidays and inclement weather. That means there are fewer homes on the market, making it easier for yours to stand out among potential buyers.
2. Less Competition: Because so many people wait until the spring to list their homes, there tends to be less competition in the winter months—which translates into less pressure when pricing your house. This can make it easier for you to get a competitive asking price, as you won’t have as much competition from other sellers in your area.
3. Serious Buyers: Most buyers who are looking for a new home in December tend to be serious about finding a property quickly and efficiently—which means that anyone who contacts you with an offer is likely genuinely interested in purchasing your home. As opposed to spring or summer buyers, winter buyers tend not to waste time—so if you receive an offer from them, chances are they mean business!
4. More Time for Moving: If you do end up selling your home during the holiday season, you will likely have more time than usual to move out once everything closes and all of the paperwork has been signed. Because of the Christmas holidays it gives you more room to plan and organise things such as packing supplies, movers, etc.
5. Positive Attitude: Finally, people tend to be happier and more optimistic around Christmas—and that includes prospective buyers! A positive attitude can go a long way towards making potential buyers feel more secure about signing on the dotted line; plus, because everyone is usually busy with holiday festivities, there tends to be less stress involved when negotiating during this period than at other times throughout the year!
Selling your home during December certainly presents its own unique set of challenges—but it also offers some distinct advantages over waiting until the New Year. If done correctly and strategically planned out ahead of time, listing your property this month could prove very beneficial both now and down the road.
So don’t let yourself get overwhelmed by all of the hectic holiday activities; instead use them as motivation and encouragement towards achieving success while selling your home this December!