Thursday, December 12, 2013

Should I List My Home During The Holidays?

by John Armstrong

Should I list my home during the holidays is probably the question I am asked the most by seller during this part of the year.  My answer is always a very firm...maybe. The 2 factors that need to be taken into account are 1- How's the market? and 2-What's your motivation?

"How's the market" is the easier question to answer to answer.  Look specifically at your price range. How many homes are on the market in your price range? How many homes sold during the previous 30 day period. This will tell you your chance of selling, assuming you are priced correctly.
"What's your motivation? "  is a little tougher question. Are you moving because you want to? Are you moving because you need to? Are you relocating? Are you trying to maximize your value? Is this a divorce? Did someone die?
In the Bloomington-Normal Real Estate market things don't "shut down" for the holidays. The relocation buyers are still buying in December because they have to move here not based on when they want to but when their employer wants them in Bloomington.

Bloomington-Normal homes are still selling to investors.  Investors don't care that it's 9 freaking degrees outside. They are looking for winter projects so they can hit the market in the spring or rent them out.

During the holidays, many not so motivated sellers take their homes off the market.  There is less competition.

Should you list your home? Call The John Armstrong Home Selling Team, I will let you know your chances of selling.

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