There are advantages and disadvantages to selling your home during the holidays. Some people believe that you should leave your home on the market to find out who the serious buyers are. However, if you’re not keen on selling your home in the period between Thanksgiving and New Year’s, you’re better off removing it from the market and spending the holiday with your family in peace.
On the other hand, you might be interested in selling your home during the holiday period. In this case, you’ll be happy to know that there are several good reasons for selling at this time, even though there aren’t as many serious home buyers in this season as there are in spring.
Difficulties associated with selling your home during the holiday season
- First-time home buyers may get the impression that you’re desperate and might try to negotiate lower prices.
- The holiday season is an inconvenient time to be ready for a home showing at any time. When you’re throwing parties, wrapping gifts, and cooking, you don’t want to always keep your home spotlessly clean.
- Historically, homes tend to fetch a lower price in this period.
- You’re targeting a limited group of buyers who may have niche needs that your home might not meet.
- If the offer is received in the middle of the month, it is almost impossible to close the financial transaction. Many buyers prefer to wait till January to make offers.
- Many real estate professionals may be unavailable in this period, so getting the help you need might be difficult.
But that is not to say that it isn’t possible to get a reasonable price for your home during this season. The reasons highlighted above apply to different towns in varying degrees. There are locations where the market activity doesn’t dip in the holidays.
You might want to lay off the holiday decorations if you decide to sell
Avoid decorations. Home buyers’ choices are influenced heavily by their prejudices and biases. You want to share information about the home and not information about your personal beliefs. Refraining from decorating your home during home showings is a way of protecting your privacy.
Moreover, eliminating decorations can make the home appear more spacious and gives the buyer a blank canvas to imagine how their own furniture would look like in the home. It can be distracting and overwhelming to a home buyer running into numerous decorations. It’s not likely that they’ll see past it.
If you insist on having decorations in the home during the holiday seasons, there are a few compromises you can make. Avoid decorations that block the view of essential features of the home that will appeal to sellers. These features include stained-glass windows, stairs, and fireplace mantles among other vital aspects of the home.
Work with the best real estate professionals you can find
Whether or not you choose to have your home on the market during the holiday season, it is critical to work with highly qualified and experienced real estate professionals such as those at Your Trusted Home Buyer. Doing so radically improves the chances of getting the best price for your home.