3 Benefits of Selling a Home During the Holidays

Holiday season on the Mississippi Coast is upon us and like most of the country we like our festivities and celebrations. Good food, shopping, lights, and fellowship are hallmarks of the holiday season. With all of this going on, is selling before or during the holidays a smart move? It can be advantageous to sell your coast home now rather than later, especially with housing market conditions and a faltering economy. Here are benefits to selling your home during the holiday season.

1.  Most Buyers are Serious Buyers
Even though the real estate market has slowed and will slow even more this holiday we are still experiencing record low inventory. People still need to move and the ones that are looking for a home are typically serious unlike the tire kickers and dreamers that are prevalent in the Spring. 

Your home may be what a serious buyer is looking for and having it available could mean the difference between selling your home for top dollar now or at a lower price later. Getting your home on the market before prices drop further and inventory (supply) increases can position you ahead of the competition and in front of these serious buyers.

2. Beat other Sellers to the Punch

Most Sellers chose to put their home sale off until after the holiday season so as not to be bothered with showings and moving. Getting a sign in your front yard and your home on the market can beat these sellers to the market.

While others hold off, selling now can make your home standout during the season. Expect Realty has some of the best REALTORS® along the coast to help you get the process started and your home on the market.

3. Move Up by Taking Advantage of Rising New Home Inventory

Though inventory of existing homes, AKA used homes, is low there are some great new construction opportunities to be had. Many local builders such as Elliott Homes, DR Horton, DSLD Homes, and Adams Homes overbuilt and have a lot of homes they are trying to sell before the end of the year. 

This is a great time to buy contingent on your home sale. This means if your home doesn’t sell then you won’t have to go through with your purchase. A year ago this wasn’t possible. Builders were requiring high earnest money deposits and would not consider an offer with a home sale contingency. Times have changed, some builders aren’t requiring any deposit and most will work with a contingency. 

Builders are also offering other bonuses such as 2-1 buydowns on interest rates, closing cost contributions up to $5,000, and amenities such as blinds, refrigerators, and even washer and dryers.

Getting your home on the market before or during the holding season can be a great way to take advantage of these deals and move up to a brand new home. Expect works directly with all builders and is very knowledgeable on their products and offerings and is standing by to represent you and look out for your interests should you decide to purchase a new home.

Bottom Line

Don’t buy into the hype that the holiday season is a bad time to sell.  There are many reasons why this season is a great time to sell, whether you want to get ahead of the declining market, take advantage of serious buyers, or move up with a great deal on a new home. Click here to schedule an appointment with one of our experts for a home sale consultation.