Between planning your Thanksgiving meal and making a holiday shopping list, it may seem like a bad idea to list your house. However, many buyers are eager to look for a new house during the holidays, and they are often motivated to close quickly. We’ve outline three top reasons the holidays are a great time to sell a house.
1. Less Competition
Most people who planned ahead to sell their house in 2018 have sold during the previous spring and summer. That means there’s less competition for people selling their house at the end of the year in November and December. It’s a great time for a new listing.
2. People are Actively Shopping for a New House
Every year we sell a lot of real estate in the last few months of the year! That’s because people are out there shopping! We have a few theories about why people are shopping for houses in November and December:
- People have settled into their autumn routine. In September and October there’s less bandwidth for real estate. People are focused on their school and work routine. By November, people are settled and antsy to buy if they haven’t purchased a new home yet.
- Thanksgiving weekend families are out shopping. It’s like the Black Friday shopping fever has extended to real estate. Time and again we sell real estate Thanksgiving weekend. People are happy and fed, and want to go on house tours. With extended family in town, they often want to get a second opinion on homes. A house tour really becomes a family affair, and that energy can translate into closing quickly.
- Families are willing to change schools in the New Year. Parents tend to be concerned about putting their kids in a new school mid-October, but the winter holiday marks a major break in the school year. Many parents feel that the New Year will be an easier time to make the change for their kids.
3. Investors Have a Deadline: December 31
Many investors who want to buy in 2018 need to do it by December 31 for tax purposes. These investors are actively shopping and they have cash to spend. It’s a great opportunity to close quickly on the sale of your house.
Are you considering selling your house, but not sure if it’s the right time for you? Give us a call or email – we are happy to chat about your options!
Want more insight on the best time to sell your house? The lifestyle website House Method recently interviewed us for an article on the best time to sell your house and why.
Erika George & Kari McGee
Broker-Esquire | Principal Broker | Seniors Real Estate Specialists | OR
Meet cousins Erika George and Kari McGee - the highly skilled HouseLovePDX Team at Living Room Realty in Portland, OR.
Broker Erika George brings to the table 20 years of experience as an attorney specializing in construction and contracts, and 10 incredible years of real estate success stories.
Principal Broker Kari McGee is an 11-year Portland Monthly 5-Star Realtor® with almost 20 years of real estate experience under her belt.
As Seniors Real Estate Specialists (SRES®) we love to put our superpowers to work to help all kinds of folks transition to new chapters with compassion, expert guidance, and a customized plan.
Here are our Top Five Favorite Things to do for you:
1. Ask you questions (lots of questions!) and actually listen to your answers.
2. Show out-of-area Buyers all the fun neighborhoods and important spots that make the Portland Metro area special.
3. Crack you and ourselves up with funny photos and random moments of hilarity that pop up in a day of touring homes or after a long day of listing preparation chores!
4. Negotiate and advocate strenuously for you and your goals.
5. Celebrate the many (big and small) milestones in a real estate sale or purchase.
6. Watch your life grow and change after the sale closes, and be there for you when you need us. ps - oh how we adore your "look at what we did to this house" photos! And lunch. We also adore lunching with you. (Yes, we know, that's two in one and we're already at six...).
7. Make "Top-Five" lists that always have more than 5 top-fives. Just goes to show you how much we love to exceed your expectations!
We would be honored to help guide you through your changing real estate needs in Portland Oregon.
CONTACT
Erika George and Kari McGee
503.349.5449 | 971.322.6612
Team@HouseLovePDX.com
www.houselovepdx.com
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