Is Selling Or Buying A Property Over Christmas a Good Idea?
Christmas is on our door-step, you might already be enjoying a cocktail or two, and amongst the haze, you might be considering buying or selling a home in the next 6 weeks. There are generally pros and cons for both buyers and sellers at this time, however here are our top tips as to why selling or buying now can work for you.
Benefits to Selling Your Home during the festive season:
- There can be less stock on the market at this time and more buyers, so quality stock can achieve multiple offers;
- Buyers look at the New Year as a time to make major decisions and buying a house to move on will achieve their resolution;
- The summer months delivers the best setting to sell a house with sunshine and light breezes providing an idyllic ambience for open home inspections and gives the buyer the chance to genuinely experience what the house has to offer; and
- Buyers in the market at this time of the year are very motivated which can lead to a fast sale.
Benefits for buying during the Christmas season:
- Other buyers may withdraw from the market in late November, giving finance approved/cashed up buyers an opportunity to strike, offering short conditions;
- There is a high level of movement at the end and start of the year because doctors, medical staff, teachers and defense workers will all transition during this time, so there is a high level of family homes on the market; and
- There are a higher number of distressed sale opportunities where a seller needs to sell quickly.
Selling or buying at Christmas will depend on your unique set of circumstances and there are definitely benefits for both buyer and seller. There is one certainty…if you are thinking of selling this Christmas…Success Realty agents will be on stand bye, so if you need to sell asap, give Dave a call on 0438 739 955.
