Monday, December 01, 2008

Buying and Selling Real Estate During the Holiday Season

It is a question that comes up a lot this time of year, “should we keep our house on the market through the holidays?” One for thing is certain, you have a much better chance of selling it if it is on the market than off. That being said, keep in mind that there are fewer home shoppers during late November and the month of December. Those that are out there are generally pretty serious shoppers. Another consideration in making this decision is how do you feel about keeping your home in ready-to-show condition throughout the holiday season?

The holiday season can be a great time to buy a house if you are willing to squeeze house shopping into your busy schedule. Just last year, I negotiated nearly $50,000 off the asking price of a waterfront property during Thanksgiving weekend and for another client submitted an aggressive purchase offer on Christmas Eve for an East Ave condo that was accepted without a counter. In both of these instances, the properties had been on the market for a while and the sellers had moved on to new homes and not interested in maintaining the property over the cold winter months. Not all sellers are that eager to sell but there are good deals to be had over the holidays.

If you are interested in buying or selling real estate during the holiday season, please don’t hesitate to give me a call.
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