Is It Too Late to Sell Your Home This Year?

Is It Too Late to Sell Your Home This Year

Have you been thinking of putting your home on the market but haven’t yet? Are you worried that winter is a bad time to sell your home? Should you wait until spring to list your home for sale? And have you missed out on the buying frenzy that has created a strong seller’s market? Well, we have some news for you — it’s not too late to sell your home this year. Let’s take a closer look at why.

There’s less competition

Sellers continue to have a distinct advantage in the real estate market. In 2021, buyers have outnumbered sellers and that trend doesn’t seem to be waning. But what’s even more important to remember is that there are generally fewer sellers at this time of year. That means serious buyers will have fewer homes to choose from, making yours that much more appealing.

Buyers shop year-round

In the days before we were all connected by the internet, buyers needed real estate agents in order to browse listings for homes. Today, however, buyers can search home listings on any day of the year at any time of the day or night. Now that the holidays are here and people have more time off, they may spend extra time searching online listings for the perfect home. That home could be yours. So why wait?

Winter buyers are serious

Those buyers that are looking at homes this time of year are serious. They typically aren’t just browsing with little intent to make an offer on your home. When buyers are searching for homes at this time of year, it usually means they have a reason to be moving. You can anticipate that those offers you receive in the next few weeks will be from buyers who are motivated to close a deal.

Your home looks great during the holidays

Who doesn’t love cozy season? Now is the time of year, even in warmer climates, where we tend to spend more time indoors. It’s time to snuggle and get cozy with the ones we love. By showing your home this time of year, you show it’s fullest cozy potential. A little holiday decorating can make your home feel warm and inviting, which can be very attractive to many buyers.

Buyers may want to get the tax breaks

If you can squeak out a sale before the calendar turns to 2022, then your buyer can get the tax benefits associated with the sale on their 2021 taxes. Buyers are able to deduct some of the expenses associated with their home purchase. This motivates many of them to get the deal done before the clock strikes midnight on December 31, 2021.

Your real estate agent is motivated

Finally, when you’re selling your home at the end of the year, it pays to work with a professional real estate agent who is an expert in your market. One of the great benefits of working with an agent now is that they tend to have fewer clients selling. That means more attention for you. Contact us today to get started on your home sale — we’d love to help!

Compliments of Virtual Results

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Is It Too Late to Sell Your Home This Year?

Andrew Yankowski