Why the Holidays are a Great Time to list your home!

Many sellers automatically think that putting, or having their home, on the market during this time of year is a bad idea.  The sellers are busy with holiday activities such as shopping, traveling, entertaining friends, family, weather, etc.  Of course, the buyers are doing the same, right?  There aren't any buyers out there this time of year?

Bad decision!  Let's discuss some of the reasons why now is a great time to have your home on the market.

1.  If most sellers don't feel this is the best time, then that means that the competition for homes is lowest during this time of the year.  Less home for sale.  Less competition amongst neighboring houses could mean a quicker sale with a better net proceed to the sellers.  High demand, Low Supply = More $ and Quicker Sale.

2.  There are ALWAYS buyers in the market, and the buyers this time of year are SERIOUS buyers.  They want to make a decision and start brand new as close to January 1 as possible.

3.  These buyers could also capitalize on the tax benefits by closing by years end.  Don't want to miss a freebie from Uncle Sam!

4.  Now with the the extended and expanded US Tax credit, sellers must sell their current home and purchase a new home by April 30, 2010.  That is only 5 months away.  If your market has a 6 month inventory of supply, then you have already missed the opportunity to get up to $6500 back from the government on your next purchase.  But if you are willing to list your home slightly below market, or your market has a 2-4 month inventory level, then your home needs to be on the market now so it sells within the next 3-4 months, and make sure we find your next hime by April 30, 2010.  Everyone's happy!

5.  Don't wait until the spring market.  See #1.  Competition for homes increases drastically during the spring market (April - June).  Could cost you net proceeds and a longer market time.  Your home on the market now can be sold before the others ever make it to the market.

Sellers, if you are considering a move, don't hesitate to put your home on the market during the last months (October - December) and the first months (January - March) of the calendar year.  There are definite, proven advantages to selling during these times.  Talk to your professional REALTOR about this opportunity today.