Why go through the hassle of selling your home during the holidays? Here we will dive in to the Top 5 Reasons to sell your home before the new year! Every year in the late fall we have the same conversation with folks considering selling their homes. Typically, it always comes down to the question: when is the best time to put the home on the market?
Top 5 Reasons to Sell Your Home Before the New Year!
#1 You’ll Make More Money!
It’s a fact, most people don’t want to put their home on the market during the holidays. However, when you do, you will have less competition from other sellers in the neighborhood! Less competition from other motivated sellers means buyers will pay you more for your home!
#2 You’ll Attact The Highest Quality of Buyers!
The highest quality buyers look for homes during the holidays. Experienced agents know you’ll have fewer looky-loo’s and neighbors pretending to be buyers during the holidays! Only the motivated look at homes during this time of year.
#3 You’ll Save Money On Your Next Home!
90% of all home sellers during this time of year will put off listing there home until after the holidays. I can’t tell you how many times in my career I’ve heard, “we are going to wait until after the holidays to list”!
So, after the holidays, every year, the market is flooded with new listings. All of which compete for the same pool of buyers!
So, if you sell your home before the new year, you’ll have first pick of all of the new inventory hitting the market in January! Being a non-contingent buyer, puts you in a great position to be aggressive with your offers.
Fewer people will have sold their newly listed homes in January and will have to write contingency contracts on the sale of their newly listed homes! Which you won’t have to do, giving you a competative edge!
#4 Homes Show Better During The Holidays!
Homes typically show better and look great in photos when decorated for the holidays and have festive feel! The atmosphere of giving and joy, makes folks a little more nice and generous during the holidays.
Wouldn’t a full price contract on your home make the holiday just a little nicer?
#5 Market Trends Are Deteriorating!
The current interest rate forecast is for rates to move higher. While home prices are forecast to move lower! It is projected that rising interest rates will continue to put downward pressure on prices, the sooner you sell, the more you will get!
Keep in mind that for every 1% increase in the interest rate, a homebuyers loses 10% in buying power! Ouch!
Experience Drives the Best Decisions
Having sold homes since the 1980’s I have discovered these Top 5 Reasons to Sell Your Home Before the New Year! Of course, there are several other good reasons, but I wanted to give you the best top 5 Reasons to Sell Your Home Before the New Year!
The goal is to share some great ideas to help you make the best decision for you in your current situation. And we are certainly available to answer any of your questions or concerns about the market and how it could affect your bottom-line!
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The Author…
Bill Byrd is a Husband, Father, Realtor, Educator, Musician and Athlete. A licensed Realtor since 1986 who loves helping his clients grow their personal wealth through real estate! Having helped hundred’s of families and individuals during his career you can feel comfortable that Bill and his Team’s experience and expertise are unparalleled in our market. Plus, Bill’s a great guy and one heck of a guitar player! More About Bill
