The holiday season is often known as the most wonderful time of the year, and the same is true for selling your home.
As many are spending their holidays shopping for gifts, planning end-of-year activities and travelling to visit friends and family, selling your home during this tremendously busy season may be the last thing on your mind.
You may want to wait until the weather is warmer and life begins to settle down, however, if you navigate the market confidently with an experienced real estate agent by your side, the holidays can bring forth more than just joy. It can bring forth a new chapter in your life, and a new home to look forward to.
Not quite convinced? Here are 5 reasons why the holidays are the best time to sell your home.
1. Less Inventory, Less Competition
It’s no secret that the housing supply during the winter months is known to be scarce, with it picking back up in the spring and summer months. However, this is an opportunity that you can use to your advantage when it comes to selling your home during the holidays.
As inventory is low during the winter months, that means that there is less competition in the market. As buyers are limited on the homes they are interested in based on availability, that gives them the opportunity to spend more time seriously thinking about your home.
2. Serious Buyers
As there is a scarcity of available homes during the winter months, you are bound to deal with serious buyers as opposed to buyers who are just interested in window shopping. Winter buyers tend to act more swiftly, and close quickly as a result of being worried that they may not find their forever home.
3. Your Home May Show Better Around the Holidays
Nothing says welcome home like walking into a home that smells of freshly baked cookies and emits warmth from the ever-glowing fireplace. With holiday showings, your home can be automatically transformed into the epitome of warmth, and comfort and the perfect potential new home for buyers.
Potential buyers are more likely to make an offer when they can envision themselves living in the space. Holiday showings are the perfect opportunity to stage your home and set the scene for your potential new buyers to envision themselves living there.
Bake some cookies, open the curtains and let the natural sunlight in as it showcases the snowy landscape beyond, and let your house work its magic!
4. More Time for Showings
Although the holiday season is arguably one of the busiest times of the year, the season also offers a lot of downtime. With the kids on the holiday break and work schedules offering more availability, this is the perfect time to schedule showings and start to get serious about purchasing a home.
As a seller, you can use this opportunity to offer flexibility with your showing schedule and work with your realtor to determine the best course of action for ensuring those who are interested in viewing your home, are able to during the holidays.
5. End-Of-Year Tax Breaks
As the New Year is on the horizon and the end of Q4 is upon us, many are taking advantage of the deductions they can make before submitting their 2022 taxes. Before December 31st, buyers are able to deduct mortgage interest, property taxes and loan interest costs on new homes from their taxes.
What does that mean for you? Buyers are looking to buy! This is your time to shine, seller.
Sell Your Home This Season with KCS Brokers
Selling your home is the beginning of a new chapter for you and your family. This new chapter is best to be rung in with the New Year, and celebrated during the holidays!
If you are looking to sell your home this holiday season, I would be more than happy to help assist you throughout this journey.
Reach out to me today!