“Joe, I’m going to wait until after the holidays to put my home on the market.”
Well, it must be mid October, because the annual migration of people who need to sell a home wants to stop for a breather … but this year it would be a huge mistake!
Your Competition Wants To Wait Until After The Holidays
I certainly understand why some people would like to wait until after the holidays to sell their home. Nobody wants strangers streaming through the house when they are celebrating (or relaxing) and enjoying year end festivities. After all, how bad could it be to wait until after the holidays to sell a home?
But think about this. Your competition is having the same thoughts and are planning on listing a home for sale in January.
If you put your home on the market now, you will have two months of marketing time with a reduced field of competition, simply because they want to wait until after the holidays to market their homes!
Deciding To Wait Until After The Holidays (or NOT)
If you are thinking about selling a home and would like to wait until after the holidays, you are not alone. I strongly recommend that you do not make this decision lightly, and do not solely make it a decision of convenience.
Take the time to meet with a real estate professional who can show you the realistic difference in supply and demand offsets between the two periods of time so that you can at least quantify the cost of your decision. It might not be so costly in some markets, while in others, it could be tens of thousands of dollars.
And if you are thinking about selling a home in Tallahassee but want to wait until after the holidays, just drop me a note and we can review your specific home and how it will be impacted by the current and future trends in the Tallahassee real estate market.