Why It Pays to List Your Home in the Holiday Months

Posted by on Tuesday, November 1st, 2016 at 11:59am.

Holiday

Is it bad to sell your home during the holidays? It’s a question we get a lot. 

There is a myth surrounding the idea of listing that sellers should wait until spring to put their home on the market. In reality, this couldn’t be farther from the truth! 

A study by online brokerage Redfin found that on average, sellers net more above asking price during the months of December, January, February and March than they do from June through November. Not only that, but the study found that homes listed in winter sold faster than those posted in the spring! 

Although there are a lot of buyers beginning their search in the spring, there are just as many looking for homes in the winter. But the advantage to listing in winter months is that inventory is lower, meaning that there is more competition to get your home. 

Besides, the only buyers you will likely have looking at your home during the holidays are serious buyers—because who else wants to add another task to an already busy holiday schedule? The people you will have looking at your home are more likely to buy at your asking price and be willing to close quickly in order to get settled in as soon as possible. 

Another hesitation for sellers listing their homes in the winter months is the fear that they will have to move out right in the middle of the holidays. Not so. If you need a few extra weeks in the home after closing, or you want to extend closing until the start of the new year, this can be something you include in your negotiations. Talk to your agent and work out a date in advance so they can communicate that to potential buyers. 

Want more information on selling your home? Click here to get your free home valuation! 

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