Home sellers usually aim for spring and summer to put their home on the market without considering the fall and winter as viable options. While these are peak times for selling, there are many benefits to putting your home on the market during the winter months.
Here are 6 reasons to list your home during the holidays:
1. There is less competition.
During the winter months, there are fewer homes to choose from, therefore less competition for homebuyers. There is also less competition for you as a home seller which can make you home stand out and attract more potential buyers.
2. Potential buyers are more likely to make a quick decision in the winter.
Winter buyers are more likely to take the homebuying process more seriously because it is typically a more time sensitive move or these is a “need” to make a buying decision verses a “desire” to buy.
3. Your home is cheery, warm and inviting during the holidays.
Having the holiday spirit in your home while selling can help potential buyers make an emotional connection to your home. It can also help them envision the home as their own. Although, make sure not to over do it with the holiday decor – less is more!
4. You may be able to sell over the listed price.
With less competition, homes tend to sell for more at a faster rate. You can potentially get more money for the same home as you would if you listed in the spring.
5. Buyers have more time to look at homes.
With holiday breaks, kids have more time out of school which means their parents have more freedom to look at homes.
6. You can sell now and delay the closing date.
Buyers who are searching for homes now may not want to move until spring. This will give you tons of time to pack up and look for your new home. You may even be positioning yourself to buy in the spring where there is more inventory.