Many people steer clear of conducting real estate transactions over the holiday season. There is this perception that it will be harder to sell their home because of the focus of the holiday season, or that given the shorter days that there will be a decrease in interest in purchasing and moving. However, that is not true. Selling your home during the holiday season can really provide with all your looking to achieve. Here are my top 3 reasons why selling during the holiday season may be best for you.
1.Serious Buyers are out there. Those looking to take the step of buying during the holiday seasonal are highly motivated and usually have a time frame to complete the process. House hunting and even moving is quite a challenge in the holiday season, with the shorter days and less time to look, when buyers find a home that works for them they are ready to make that move. With that, their agent is going to make sure that they are serious and and have the proper financing in place to find the home that is right for them. Selling your home during this time allows you access to those buyers who are ready and willing to buy your home.
2. Quicker close times. Mortgage companies are not as inundated as they are during the peak season. During the spring and summer months the number of files that cross the loan processor's desk is increased, and the buyers are competing with other borrowers to get the file reviewed and approved. During this time of year the decrease in borrower allows for files to get processed quicker. Quicker production times which means you will be selling your house faster.
3. Lower Inventory. The number of homes listed for sale during the holiday season decreases significantly and that is a great benefit to those selling their homes. It is supply and demand at its finest, less inventory makes your home more attractive. Selling your home now will also reduce the amount of competition.
Don’t let the holiday season be a reason you hesitate to sell your home. My team and I are here to help you meet your goals no matter what time of the year.