Why Now is the Perfect Time to Sell Your Mountain Home
As the festive season is upon us, homeowners contemplating a move face a crucial decision: to sell now or wait until after the holidays? Some may even consider temporarily removing their property listings until the new year. However, a significant number of buyers actively seek homes during the holiday season, presenting a golden opportunity for sellers. An insightful article from Fortune Builders underlines this phenomenon, emphasizing that the potential for a great real estate deal rises when the temperature drops.
Let’s delve into compelling reasons not to delay this decision, particularly when considering a collaboration with Lori from NC High Country Real Estate, a distinguished expert in the region:
The Myth of “No One Wants to Buy with Rising Interest Rates”
Indeed, interest rates have seen an increase in the past year. However, the reality is that there will always be individuals looking to buy and sell. What is evident today is that at the peak of the market, you stand to gain the maximum value for your home. Instead of dwelling on potential future scenarios, it’s crucial to make decisions based on the current landscape and trends observed in recent years. Take a look at my previously sold properties for other clients.
All signs point to the fact that selling during the holidays is a strategic move, likely resulting in a higher return on your home compared to waiting until the spring.
Continuous Desire for Homeownership
The desire to own a home remains robust even during the holiday season. While some buyers may choose to delay their moving plans until January, others are prompted to make swift decisions due to life changes. Those actively seeking homes during this time are often highly motivated and eager to buy. According to Investopedia:
“Anyone shopping for a new home between Thanksgiving and New Year’s is likely going to be a serious buyer. Putting your home on the market at this time of year and attracting a serious buyer can often result in a quicker sale.”
Limited Inventory, Maximum Potential
Despite a recent uptick in the supply of homes for sale, overall inventory remains lower than pre-pandemic levels. Collaborating with Lori and pricing your mountain home at market value could result in a swift sale. Today’s buyers crave more options, and your home may be precisely what they’re searching for.
Convenient Showings, Minimized Disruptions
Partnering with Lori empowers you to determine convenient days and times for home showings, minimizing disruptions to your schedule during this busy time of the year. Buyers may also exhibit increased flexibility in touring houses during the holidays, given the additional time off from work.
Holiday Charm Sells
Homes adorned for the holidays have a unique appeal to buyers, allowing them to envision creating their own cherished memories in the space. Following advice from an article on selling during this time:
“If you’re selling around a holiday and have decorations up, make sure they accent—not overpower—a room. Less is more.”
YOU are still in control of your time
Take charge of your schedule, even when your home is on the market. You have complete control over showing times, allowing you to seamlessly integrate them around your holiday events and personal life. During this season, buyers anticipate working around schedule restrictions, providing you the opportunity to dictate terms.
Make your moving dates part of your terms
Incorporate your moving dates as part of your conditions. Even if an offer comes in, you can opt for a delayed closing or extended occupancy, aligning with your plans for the new year. Selling your home during the holidays doesn’t mean you have to rush the moving process; you can negotiate for additional time before finalizing the transaction.
Give yourself your best chance at non-contingency
Position yourself for a non-contingency advantage. Selling your home now positions you as a non-contingent buyer in the spring, a time when many people choose to list their homes. This advantageous position means you’ll have a plethora of homes to choose from, giving you the upper hand in selling high and buying low. Take advantage of the control you have over your timeline to optimize your selling and buying opportunities.
Consider relocation timelines
January often marks the commencement of new job assignments following transfers, with notifications commonly received in November or December. Recall our emphasis on the seriousness of certain buyers? These individuals are committed and on a tight schedule, leaving them with minimal time to spare.
Year-End Tax Advantages
While trimming the property tax bill might not top the list of reasons why buyers decide to invest in a new home, it could certainly influence serious buyers to make a move during the holiday season. This is due to the fact that buyers can potentially deduct mortgage interest, property taxes, and loan interest costs if the sale concludes on or before December 31.
Working With Lori Eastridge of NC High Country Real Estate is the Right Choice
It is essential to work with a local real estate agent when selling your home. Lori Eastridge of NC High Country Real Estate powered by Realty One Group Select is an experienced real estate professional and the best choice.
Lori can help you sell your home quickly, easily, and for top dollar thanks to her extensive knowledge of the local market and locations, as well as her unparalleled personalized marketing strategy. Lori’s dedication to her clients’ happiness and education is evident in the personalized service she offers.
Thanks to her extensive network in the High Country, Lori can provide her clientele with comprehensive support throughout the entire home-selling process. From your first consultation before listing to the final closing, Lori will be there every step of the way to ensure your satisfaction. Get in touch with Lori at 828.773.2080 right now. Make this festive season the ideal time to sell your house by taking advantage of the Holiday Real Estate Advantage.
