Let's say you've had your home on the market for many months without a sale. The holidays are drawing near. Should you call it quits and take your home off the market until next year? Or is it better to continue marketing your home through the holiday season?
Generally the home sale market is most active during the spring and fall. The summer months are usually slow because buyers turn their attention from home buying to vacationing. Home sales also tend to drop off from Thanksgiving through the winter months.
Precisely when the spring selling season begins depends in part on where you live. In locales with temperate climates, like California, the spring market can get rolling as early as the end of January or the beginning of February. But, in areas with severe weather, the spring market may start much later.
Even though the home sale business tends to be seasonal, each real estate year is somewhat unique. An unanticipated event, like a change in the tax laws or a shift in interest rates, can trigger a pick-up in the real estate market at a time you wouldn't expect it. The local economic picture also has a direct impact on home sales. In an area that's booming, home sales may be strong all year long.
First-Time Tip: Make your decision about whether to take your home off the market based on what's happening in your local real estate market and on your personal situation.
Ask your agent for an update on home sale activity in your neighborhood. Are buyers still out in force, or are they more interested in preparing for the holidays? If the market is active and you must sell, stay on the market.
If the market is dead and your need to move is not urgent, consider taking your home off the market until the market activity improves. At that time, you should reconsider your list price. Most homes that have been marketed for months unsuccessfully are priced too high for the market. A few months time is long enough for market conditions to change, so definitely update the pricing information on your home before you offer it for sale again.
You can be at an advantage selling during the winter months. This is a time when many sellers pull their homes off the market. Also there's usually less new inventory coming on the market because most people perceive that this is not the best time to sell. This can create a low inventory market, at least temporarily, which benefits sellers who keep their homes for sale.
There are always buyers who need to buy homes, regardless of the time of year or the weather. What varies is the number of buyers in the market at any given time. There may be fewer serious buyers looking for homes in December, but those who are often have an urgent need to move.
It can be inconvenient to market your home over the holidays. Interruptions for showings, particularly on short notice, may interfere with your holiday plans. On the other hand, most homes look particularly inviting when they're all dressed up.
Sellers can help keep their sanity during the holidays by modifying their showing procedure for a few weeks. One option is requesting that agents make appointments with you a day or two in advance during this period.
The Closing: There may be times when your home won't be available for showings at all. Most buyers will understand your need for privacy during the holidays.
For More Information on Selling your home quickly visit http://www.webuyhouseshome.com Unlike other so called We Buy Houses websites, Rescue Real Estate gives you every available option for selling your home. Simply complete our short 1 page form, and get anonymous online access to our team of specially trained REALTORS®. Then, in as little as 48 hours, you will begin to receive offers to purchase your home from our nationwide network of real estate investors. Click Here to sell your home quickly and compare agents.
If you're looking for the 'real' Spain where the culture,... Read More
When it comes to buying investment real estate, there are... Read More
Have you ever dreamed of living in a spectacular tropical... Read More
Human nature being what it is, none of us can... Read More
When it comes to investing, everybody has certain goals and... Read More
Decide to Invest in Real Estate Foreclosure InvestingWith the increase... Read More
Much is being said lately about investments. There are many... Read More
Buying a new home is suppose to be the American... Read More
When preparing to sell a house, you should always consider... Read More
It's high time someone advocated the use of common sense... Read More
Real estate investing professionals look for all possible tax deductions... Read More
PrefaceWe are For Sale By Owners, "FSBOs." We spend our... Read More
Buying a house in Scotland is slightly different from buying... Read More
Want to see a trick every real estate investor will... Read More
With interest rates at record lows over the past year,... Read More
Homeowners who are seeking a property appraiser often ask "How... Read More
Consider these parameters for a real estate deal:Property Value: $250,000... Read More
More money can mean better:- Health Care - Relaxing... Read More
Not Your Typical Vacation HomeWhat could be more perfect that... Read More
"Begin With The End In Mind"I first heard the phrase... Read More
Great, now how do I actually INVEST in real estate?Investing... Read More
Homebuyers are a curious lot. They routinely ask thought-provoking questions.... Read More
As a successful Boston real estate agent, it always puzzled... Read More
Wouldn't you rather go to Tahiti? Are you a landlord... Read More
According to the Federal Housing Finance Board:... "As of October... Read More
Cyprus is situated in the north-east Mediterranean on the crossing... Read More
Shopping for property in Belize is not as simple an... Read More
The Rental Experience in South FloridaReaders: This is based on... Read More
If your problem is listed below, a 1031 exchange may... Read More
The discount on a foreclosed property is not as great... Read More
Renting a house or a room in your home is... Read More
Waterfront living is among the most desirable of locations in... Read More
Many homes remain unsold for a long time because they're... Read More
Whether it's a lakefront cottage or a log cabin in... Read More
Miami tourism is growing and so is the Miami property... Read More
Those new to real estate investing often fail to take... Read More
The real estate market buzz across the country these days... Read More
Buying a new home is suppose to be the American... Read More
Did you realise that there is a lot you can... Read More
Las Vegas is known for it's over the top hotels... Read More
So how do you find the best foreclosures. Its not... Read More
Owning a house is part of the American Dream. Depending... Read More
Consider these parameters for a real estate deal:Property Value: $250,000... Read More
Interested in investing somewhere other than your back yard?Management companies... Read More
Many of you may not be aware of the various... Read More
Looking to relocate to a Californian suburb with a low... Read More
Are you seeking your little corner of sun drenched heaven... Read More
Are you profiting from O.P.P.? If not, why not? We... Read More
You've searched high and low around town looking for that... Read More
Why would anyone accept a lease option, rent to own... Read More
One key that makes investors is conversation or should I... Read More
Where is it possible to buy a property on your... Read More
What if you could "place an order" for the construction... Read More
The Region has four distinct seasons but in general possesses... Read More
So, your selling your home. Prepare yourself both physically and... Read More
It's probably happened to you...Folks learn that you know something... Read More
We are selling our house. We have lived here for... Read More
There are two sides to a feasibility study and in... Read More
Selling your home? Here are some suggestions to help you... Read More
Portugal has long been a popular choice for people, particularly... Read More
I've taught the concepts of Design Psychology for many years,... Read More
Selling quickly is a high priority for some home sellers.... Read More
There are many reasons why you would consider joining with... Read More
What's the difference between death and taxes?Death doesn't change every... Read More
The world of real estate has pretty much stayed the... Read More
Bankruptcy Will Stop Your Sale - At Least For Now... Read More
Real Estate |