Many people fear that the end of the year may be a bad time to list their home for sale. While spring and summer may see the most home sales in many markets, that doesn’t mean homes don’t sell later in the year. In fact, there are a few overlooked advantages to listing your home in the final two months of the year.
Fewer homes on the market means less competition
In most areas, there may be fewer homes on the real estate market during the holiday season than at other times of the year. This can be good news for sellers. When the local inventory of homes is low, your home may get more showings than it would during so-called peak months. More showings can mean selling your house faster, and sometimes even receiving multiple offers. Also, many sellers on the market tend to skip showing homes during the holidays because of the festivities. If a seller is willing to accommodate some showing appointments during this period, you may just attract the right buyer for your home.
Homebuyers are motivated
Homebuyers are looking for homes for sale throughout the year. In late autumn, buyers are often hoping to close a purchase before the end of the year for tax purposes. In many cases, they’ve been searching for some time, and your home could be the one they’ve been waiting to find. The fall holiday is also a time many buyers take a vacation from work, thus giving them more time to go house hunting during their time off work. Just as some sellers might fear end of the year as a time to list their homes; some buyers tend to believe the end of the year is a better time to find negotiable inventory. Either way, it’s a win-win for buyers and sellers.
Additionally, many buyers may be hoping to get settled before the year-end holidays. This often means they’ll be motivated to make offers and settle negotiations quickly. Other buyers may be aiming to move in January or early February, when many people are less busy than at other times of the year. After all, who wants to spend their summer vacation hauling furniture?
Nostalgia: Do it right and reap the rewards
Every family has its own set of holiday traditions. If you decorate in just the right way, you can use nostalgia and emotions to make your house more appealing than a similar home for sale on the market. The key here is to use festive, welcoming décor while avoiding religious and culture-specific themes.
For November, you can employ a harvest theme without making it specific to the Thanksgiving holiday. Nearly everyone appreciates the warmth of autumn colors, the scent of spiced apples and a display of harvest-time bounty.
For winter holidays, skip the tree or menorah. Leave Santa (or Krampus) in storage and focus on lighting and warmth for your holiday theme. Simple white lights and a tasteful wreath will give your home great curb appeal. Keep your holiday decorations simple indoors as well. Some good choices include:
. Snow globes
. Winter-themed scenes
. Seasonal blankets neatly folded on couches or chairs
. Festive cocoa or cookie tins for the kitchen
If you’re ready to sell, SELL.
For all practical purposes, there’s no bad time to list your home for sale. If you’re ready to sell your home, no matter what time of year, the best time to list it is right now. You have nothing to gain by waiting. There’s simply no way to tell when the right buyer for your home may come along. If you are thing about selling, contact Victor Olabintan with California Property Brokers at (925) 260-5297 and we will be happy to advise and assist your decision-making process.