Should I Sell Now or Wait Until Next Year?

Should I Sell Now or Wait Until Next Year?

Thanks for joining us today. Year after year we get asked whether it’s better to sell during the holiday season or wait until after the first of the year.  

The truth is it really depends on your situation. That’s why we wanted to talk about the pros and cons of both selling now and waiting.

Most people assume that the real estate market is dead during the holidays; who is looking for homes?

While there may be fewer buyers on the market, those that are looking are serious.  Think about it; who wants to take time out of their holiday plans to look at homes and deal with the loan process? Those buyers need to buy whether it’s for tax purposes, relocation, etc.

Do you know what else is great about selling during the holidays? There’s less competition. Tons of people decide to wait until spring to sell their home.  With more homes on the market, there is less demand for yours.

Let’s think about supply and demand. If you put your home on the market now, when there is low inventory, there is a high demand for your property. That means more money for you! If you list during the spring, when there are a lot of others homes, yours isn’t nearly in as much demand. That means less money for you.

Homes also look great during the holidays. With lights, decorations and the smell of cooking, buyers become emotional. It makes it so much easier for a buyer to fall in love with your home.

You may be worried about the seasonality. What if there aren’t enough buyers out now? In reality, because we have so many international buyers now playing a role in our market, the time of the year doesn’t have a huge effect.

These are just a few reasons why selling now could be a great way for you to get the most money on your home. We want you to give us a call, though. We can talk about your situation; create market analysis to find out whether selling now or waiting is the best option for you.

Remember if you or anyone you know is looking to buy or sell real estate, give the Monica Diaz Team a call because remember MONICA MAKES IT HAPPEN!