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 not a lot of 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 + Kari
Broker | Esquire & Principal Broker
The HouseLovePDX Team fuses comprehensive real estate knowledge and legal expertise in the dynamic landscape of Portland, Oregon.
Realtor Erika George brings to the table 20 years of experience as an attorney specializing in construction and contracts. Principal Broker Kari McGee has helped clients successfully navigate the evolving Portland real estate market since 2005. Regardless of the market or your particular circumstances, these highly skilled real estate agents will ensure that your goals become your reality.
WHAT WE KNOW
We know that real estate is not a one size fits all endeavor. It’s easy to find real estate data on the internet these days, but it’s what we do with the data that counts. HouseLovePDX provides a thoughtful and proactive analysis of current market data for every one of our clients.
We know that small details can make a big difference. We consider factors you may not be aware of when buying a house, selling a condo or planning an ADU. From open permits to missing credits on escrow statements, these issues can cost you money. Let us guide you through the real estate process, from big picture dreams about your future home to the nitty gritty of contract negotiation.
We know that your “why” often comes before your “how” in real estate. We take extra time with our clients to fully understand all the reasons why you want to make a move to, from or within the Portland area. We use this insight as the key to develop a comprehensive plan for you. Don’t be surprised if we start our meetings by delving deep into your real estate knowledge, your past experiences, your goals and your dreams!
WHAT WE LOVE
It’s a privilege to help a client sell a beloved home and move on to the next chapter of life. We love seeing Portland, neighborhood by neighborhood, through the eyes of someone who is new to the area and full of excitement. As Northwest natives who grew up together (we’re cousins!), our love for Portland runs deep. And we adore the the moment when a buyer walks into a house and we all know it’s the one: aka HouseLove!
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
karianderika@livingroomre.com
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