Beaufort Home News: Should I Try to Sell My Home During the Holidays?

A blog about buying and selling Beaufort SC real estate by Scott Bingham of BeaufortHomeTeam.com. It's just good clean fun helping people with one of the largest transactions of their life! Let me know what you think about the posts and how I can help you. Thanks!

Should I Try to Sell My Home During the Holidays?

It's November, and one question that comes up every year at this time is "should I try to sell my home during the holidays?"

My answer is if you need to sell your house, then YES!!  There is no better reason better than your needs and timing.  That comes first.  But when you think further on the subject and timing, the smarter it seems.  There is a "top ten" (actually eleven, take a bonus!) list sent to me by an agent friend of mine in Raleigh NC (thanks Michelle Edwards!) and I am shamelessly reposting it here.  Enjoy, and feel free to share it with your sellers.

 

THE TOP 11 REASONS YOU SHOULD LIST YOUR HOME DURING THE HOLIDAYS....

11.  Selling now, you may have an opportunity to be a non-contingent buyer during  the spring, when many more houses are on the market for less money! This will allow you to sell high and buy low!

10. You can sell now for more money and we will provide for a delayed closing or extended occupancy until early next year!

9.  Even though your house will be on the market, you still have the option to restrict showings during the six or seven days around the Holidays!

8.  January is traditionally the month for employees to begin new jobs. Since transferees cannot wait until spring to buy, you need to be on the market during the Holidays to capture that market!

7.   Some people must buy before the end of the year for tax reasons!

6.   Buyers have more time to look for a home during the holidays than they do during a working week!

5.  Buyers are more emotional during the Holidays, so they are more likely to pay your price!

4.  Houses show better when decorated for the Holidays!

3.   Since the supply of listings will dramatically increase in January, there will be less demand for your particular home! Less demand means less money for you!

2.  Serious buyers have fewer houses to choose from during the Holidays and less competition means more money for you!

And the Number One reason why you should list your home during the Holidays...

1.  People who look for homes during the Holidays are more serious buyers!

 

So there you are.  I have always heard that "... no one buys homes during the holidays.."   As a matter of fact, it seems like Halloween is the last work day of the year for a lot of agents.  I have always had a great November and December, maybe because there are fewer agents actually working?  So I have modified that old saw- Nobody buys homes in November and December EXCEPT the people that need to buy in November and December!

Have a great holiday season!

Scott Bingham

BeaufortHomeTeam.com

Ballenger Realty

Beaufort, South Carolina

843 321 9867

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Comment balloon 11 commentsScott Bingham • November 07 2010 07:38AM

Comments

Hi Scott: I like the post... I have a client who is on the fence as to when to list.... I will give her yourr easons! Best, Gay

Posted by Gay E. Rosen, As Real as Real Estate Gets! (Julia B. Fee Sotheby's International Realty) over 6 years ago

I like the list - got a few on the fence myself..........................chris

Posted by Christopher Pataki, Hockessin Delaware Real Estate (Berkshire Hathaway HomeServices) over 6 years ago

Scott, excellent post. Like they say, "there's no time like the present!" Happy selling!  :)

Posted by Patricia Feager, Selling Homes Changing Lives (DFW FINE PROPERTIES) over 6 years ago

I use # 2 in every case.

Posted by Don Spera, Serving York and Adams County, PA (CR Property Group, LLC) over 6 years ago

I think this is a great list...so great, I reblogged it!

Cindy in Indy

Posted by Cindy Marchant, "Cindy in Indy" , Realtor, Fishers Real Estate (Keller Williams Indy NE 317-290-7775 www.marchantteam.com) over 6 years ago

Thanks Cindy in Indy!

And yes, Jeanette- nothing is worse than Christmas tree pictures in June!! 

Patricia, Gay, and Chris- buyers can't buy if the sellers house isn't on the market!

Thanks y'all!

Posted by Scott Bingham, www.BeaufortHomeNews.com (BeaufortHomeTeam / Ballenger Realty) over 6 years ago

I love showing houses decorated for the season...and with fewer on the market...you are right...better opportunity to capture serious buyers ! re;blog and suggest...and throw in a string of lights and some mistletoe for eye candy on your blog !

Posted by Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce - Short Sale (Keller Williams 414-525-0563) over 6 years ago

Scott,

Awesome list!! Thanks for putting it together. I have already seen an increase a more serious buyers and expect it to get even better around the holidays. Sellers really do need to take advantage of a time where people have more flexibility and motivation to travel.

Posted by Cherimie Crane (Cherimie Crane & Associates) over 6 years ago

It is so true that the buyers in December are usually the most serious.  With everything that usually goes on during that time, the fence sitters are going to doing something else.

Posted by Rodney Mason, FHA 203(k) & HomeStyle Renovation-AL,GA,TN (On Q Financial) over 6 years ago

Scott 1,2,3,7,and 8 are my main points to keep a home on the market. 

Posted by Larry Story, Total Care Realty, LLC, Greensboro, NC Real Estate (Total Care Realty) over 6 years ago

The holidays can be a wonderful time to match up buyers with homes.

Posted by Michelle Carr-Crowe-Top 1% Diamond Certified Real Estate Team Sells Cupertino San Jose Homes-Just Call 408-252-8900, Family Helping Families Buy & Sell Homes 40+ Years (Get Results Team...Just Call (408) 252-8900!) over 6 years ago

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