Between holiday travel, holiday parties, and hosting out-of-town guests, the holidays can be a busy time of year. And if you’re selling your home, you might be tempted to take your property off the market and push your home sale into the new year.
But, as it turns out, you might want to rethink that strategy.
An article from realtor.com outlined the top reasons not to take your home off the market during the holiday season, including:
- It’s easier for your listing to get attention. Because the holidays are so busy, a lot of sellers pull their homes off the market and would-be sellers hold off on listing their home—both of which reduce available inventory. Less inventory means less competition, which will make it easier for your home to get attention and interest from buyers who can’t wait weeks or months to make offers and move forward with a purchase.
- The buyers are more serious. Most people don’t want to add “buying a home” to the list of their holiday to-do’s. But that means that the buyers that are out there looking for homes are serious, motivated, and ready to purchase a home ASAP—a major plus for sellers.
- Lenders are more motivated to close the deal. Because fewer homes are being bought and sold during the holiday season, lenders are more motivated to close transactions—which can make the process both easier and faster.
Bottom line? You might think the holidays aren’t the best time to sell a home—but if you’ve been thinking about selling your home, it turns out this is a great time to make a move.