Sell Before the New Year? | Optimizing Your Real Estate Decisions with YCRG

TO SELL OR NOT SELL

WHY SELLING YOUR HOME BEFORE THE NEW YEAR COULD BE YOUR BEST MOVE.

As the year starts winding down, you might be thinking about putting your home on the market. The common temptation might be to wait until the new year rolls in, after the hustle and bustle of the holidays are done and dusted. But why wait for the new year when you can seize the moment now? Here are three key reasons why you might want to consider selling your home before the party poppers go off.

1. Beat The Competition

Here’s something to consider: At year’s end, many homeowners are juggling holiday commitments, which are time-consuming in themselves. The idea of selling and moving homes often gets pushed onto the back burner, at least until the new year. And you know what? This might be your golden opportunity.

If you list your home now while others delay their plans until after the holiday season, you get a leg up on your competition. You can get started with a trusted, local REALTOR and beat your neighbors to the punch by getting your house on the market first.

2. Draw In Motivated Buyers

While the supply of homes for sale has increased compared to last year, it’s still insufficient to meet the demand. Yes, some buyers might even postpone their moving plans until January. But remember, some buyers need to move due to personal circumstances or life changes.

They’ll be on the lookout for new homes even as your neighbors string up their holiday lights. And these buyers mean business - they’re keen and ready to move sooner rather than later. By listing your home at this time, you might attract this group of serious buyers, and hey, a quick sale wouldn’t be bad, right?

3. Leverage Your Equity

Did you know that nowadays, homeowners are sitting on record amounts of equity? The average amount per mortgage holder has shot up to an impressive $290,000. This means that your current home equity could cover some, or even all, of a down payment on your next dream house.

While contemplating a year-end sale, don’t forget the reasons that first triggered your desire to move. Maybe you’re seeking a change in location, a bigger place, or your needs have transformed over time. Your local real estate agent can help you assess your home equity and how best to use it to make that move you’ve been dreaming of.

The Bottom Line

Ultimately, selling your house before the year ends can bring some cool benefits. Reduced competition, keen buyers, and a potential equity windfall are all to your advantage. So why not get in touch with a local REALTOR today and start your journey towards achieving your goals before winter comes knocking?

So, is it time to uncork the champagne and celebrate the festive season and a successful home sale? Only time will tell!