Typically, people tend to wait to put their home on the market until “peak” season which is the spring and early summer. However, you may not want to wait that long. You may even need to sell your home during the holiday season depending on your circumstances. But don’t worry, there are plenty of reasons selling your home during the holidays can be beneficial to you.
Spring and summer are when you will have the most competition as housing inventory is highest at this time. Not only is resale inventory high, but new construction is as well. In many parts of the country, new construction will continue to surge reaching new heights in 2020, which will lessen the demand for your house.
Thinking maybe you’ll just wait until right after the holidays? It’s important to consider the fact that the supply of listings increases substantially after the holidays. If you need to sell a house during the holidays, you will find that your competition is quite limited which can be a great thing when it comes to getting you a great sale price on your home!
While the market does slow a bit at this time of year, there are definitely still buyers out looking during the holiday season. For instance, relocation buyers are out there house hunting. Many companies are still hiring throughout the holidays and need their employees in their new positions as soon as possible. Another benefit is that those buyers who are out looking for homes during the holidays are serious buyers and are ready to buy now.
If you’re concerned about showings getting in the way of your holiday plans, don’t worry! You can restrict the showings on your home to the times you want it shown. You will remain in control.
So you’ve decided that selling your home during the holidays is the best decision for you; here are some tips to help guide you:
- If possible, put your house on the market before you decorate for the holidays. Pictures of your home will be taken for the MLS (Multiple Listing Service) and other marketing purposes looking as it normally would.
- Once you have listed your house, decorate but don’t go overboard. You don’t want your house to seem cluttered and cramped. If necessary, move furniture out to accommodate your tree and other decorations.
- Take advantage of this time of year when you have showings on your home. Your home feels even more cozy, warm and welcoming during the holidays. Appeal to all of the senses. Play Christmas music softly in the background. Bake Christmas cookies just before a showing and have them on a platter for the buyers to enjoy.
- Lastly, use out of town guests to your advantage. Enlist their help in keeping your home clean and tidy. Assign everyone a task to complete each day. Delegate so you do not feel overwhelmed.
Thinking about selling your home during the holidays?
Call or text The Lowry Team at 513-368-3751
