Thursday, November 1, 2007

3 reasons to sell your home during the holidays.

What is the best time to sell a home? Most people think spring is the best time because the flowers are blooming and the kids are out of school. Well spring probably would be the best time if everyone else didn’t put their home up for sale.

Here’s the thing; Supply and demand is what makes the market flow in the direction of buyers or sellers. Historically, spring has the highest inventory of homes and the holiday season has the lowest. People don’t like having their homes on the market during Thanksgiving and Christmas so homes start coming off the market towards the end of November.

There are always people that need to buy for some reason and they will consider the homes for sale at that time. The other thing about these buyers is they are serious. There are lots of tire kickers in the spring because it is a fun time to look at other peoples’ homes. In the winter it is cold and people are very busy – I’ll say it again; the buyers that look at your home are serious. Doesn’t it make sense to try and sell your home at the time that you have the least competition and the best buyers?

Here are the top 3 reasons to sell your home during the holidays and into the first quarter of the year:
1) There are fewer sellers (this means less inventory).
2) The buyers are highly motivated.
3) You can use your home for sale as a reason not to have Christmas dinner at your place.

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