If you’re thinking about trying to sell your home, here are a few reasons to consider taking the plunge during the holiday season:
Less competition. Typically, fewer properties are on the market and fewer buyers are looking for a new home. With little competition, the holiday season offers a chance for your home to emerge as the best option available to buyers who may be striving to close on a home by the end of the year.
Motivated buyers. Let’s face it, most people don’t decide to move around the holidays without a good reason, such as a new job, transfer or new marriage, making buyers more motivated to find a home quickly. And with fewer properties available, buyers may be more likely to make a reasonable offer.
Faster closings. With the end of the year approaching, everyone involved in a holiday real estate transaction is eager to wrap up the process before the new year. Buyers who need to relocate for a job hope to get settled in their new home and agents and brokers want to add their commission to the current year’s income, resulting in a speedy closing.
Holiday cheer boosts curb appeal. Light the fireplace, bake some cookies and decorate your home to create a festive, cozy ambiance that puts house hunters in a jolly mood.
Tax advantages. Tax and financial benefits can spur many people, including first-time buyers, to purchase a home before year’s end. Property taxes and some closing costs are tax-deductible, benefiting buyers come tax season the following year.
If you’re thinking about selling your home this holiday season, I'm here to help!