Inventory is low during the holidays, so while you may not end up in a bidding war, you may be able to command a higher price.
Buyers tend to be more serious during the holidays.
You can make your house comfy and homey during the holidays, creating an emotional connection for buyers.
Inventory
Don’t discount the holidays because serious buyers won't have an endless list of homes from which to choose, so there's more time for them to focus on yours. Furthermore, the limited range of options available to a buyer means you may be able to command a higher asking price for your property.
Buyers Are More Serious
If your house is up for sale in the winter and someone is looking at it, chances are that person is serious and is ready to pull the trigger. Anyone shopping for a new home around Thanksgiving, Christmas, or New Year’s is undoubtedly going to be a serious buyer.
That Warm and Cozy Feeling
Homeowners who put their houses up for sale during the winter months can stage their house to give off the comfy and homey vibe that appeals to many buyers. Some people may argue that showing a house in the winter is hard to do because there’s snow on the ground and the curb appeal is lacking – just make sure to keep the sidewalk and driveway clear of snow and ice, and keep your interior decorations simple and uncluttered.
One of the staples of the holiday months, particularly around Christmas, are the festive lights and decorations. That is also true of local communities where lit-up snowflakes and wreaths can be found on lamp poles up and down the main streets. People purchasing a home during that time may see the neighborhood in a different light—more festive and cheerful—and may be more willing to consider an area that they may have been on the fence about.
Call us today for a free consultation about selling your home this winter.
Excerpted from and article by DONNA FUSCALDO for Investopedia.com. Read the entire article here.
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