Some homeowners may be tempted to delay putting their home on the market until after the holidays. But there’s plenty of reasons why sellers shouldn’t wait and use the holidays to their advantage and start the new year with a “sold” sign on the front lawn.
Here are a four reasons why selling during the holidays may offer homeowners a better chance than right after the new year:
1. Buyers relocating for job purposes may be in a hurry to get settled into a new home before the new year, particularly if they have school-age children.
2. Buyers who are looking for a home during the holidays tend to be more serious and in a hurry to buy.
3. Some stagers argue that homes show better when they’re decorated for the holidays and welcome buyers in.
4. Sellers will likely have less competition against other home sellers during the holidays. The supply of listings tends to increase after the holidays and new-home construction likely will pick up then so home sellers will compete against more homes for-sale.
Source: “Waiting Until After the Holidays Isn’t a Smart Decision,” Keeping Current Matters (Nov. 5, 2015)