The holiday season is traditionally a time for cozy gatherings, warm cocoa by the fire, and celebrations with loved ones. It's not the time that most people associate with selling or buying a house. However, listing your home during the holiday season can be a smart move for various reasons. In this blog post, we'll explore five compelling reasons why you should consider listing your home during the holidays.
Reason #1: Less Competition, More Fish in the Sea Listing your home is like fishing. You are the fisherman, and your home is the bait. Your goal is to "catch" the buyer's or potential buyer's attention and get them to make an offer. During the holiday season, there tend to be fewer homes on the market, which means less competition for you as a seller. Just like in fishing, the less competition there is, the higher your chance of catching a fish, or in this case, a potential buyer. In a crowded market, it can be challenging to stand out. By listing your home during the holiday season, you increase the odds of attracting serious buyers who are actively looking for a new home. Less competition means your property has a better chance of being noticed, and you can potentially secure a favorable deal. Reason #2: Holiday Home Decor Staging Who doesn't love holiday decor? Holiday home decor staging can amplify the cozy, warm atmosphere that helps make your home look inviting to any potential home buyer who enters. Decorated mantels, nostalgic scents, perfectly arranged dining tables – all these festive touches can create an emotional connection with your prospective buyers. The holiday season provides a unique opportunity to stage your home in a way that appeals to the sentimental side of buyers. A beautifully decorated home can create a sense of warmth and belonging, making it easier for potential buyers to imagine themselves celebrating holidays in their new space. Make sure to capture the magic of the season in your listing photos to draw in more potential buyers. Reason #3: Motivated Buyers Humans are fascinating creatures. We crave change but can be resistant to it at the same time. Moving can be very overwhelming, and moving around the holidays can add an extra layer of complexity. However, home buyers who are active during the holidays are often extremely motivated. They understand that the faster they find a suitable home, the less pain they'll endure during the home-searching process. They also recognize that securing a new home quickly allows them to establish themselves in their new space, just in time for the holiday festivities. These motivated buyers can be a significant advantage for sellers. They are often ready to act quickly, and this can result in a smoother and more efficient selling process. Selling your home during the holidays can help you connect with individuals who are genuinely serious about finding their new home. Reason #4: Increased Flexibility Life can often feel like an endless cycle of school, work, sports, and repeat. However, when the holiday season rolls around, that endless cycle seems to break for a while. Suddenly, everybody's schedules become a bit more flexible. Listing your home during the holidays means that you'll be working with more flexible potential home buyers. This flexibility allows for easier coordination of showings and negotiations. Buyers may have more time to view properties, attend open houses, and engage in the home-buying process, making it more convenient for both parties involved. Reason #5: Lower Interest Rates Interest rates almost always tend to drop around the holiday season. It's not a secret that nobody likes high interest rates, especially home buyers. Therefore, lower interest rates mean less hesitation potential buyers will have about taking out a mortgage to purchase your home. Savvy home buyers are well aware of the financial benefits of securing a mortgage with lower interest rates. Listing your home during this time can attract more budget-conscious buyers who are looking to make the most of favorable lending conditions. Lower interest rates can lead to increased affordability and a greater willingness to commit to the purchase. Selling a home can be an emotional, stressful, and sometimes scary event, especially around the holidays. However, hopefully, this blog post has helped put you at ease and shown you that selling your home during the holidays is not as impossible as you might have once thought. In fact, it can be a strategic move that offers several advantages. The holiday season can be a magical time, and the warmth and joy it brings can extend to the real estate market. So, don't wait for the snowmen to melt! Let's get that home listed, create a welcoming holiday atmosphere, and make the most of the unique opportunities that this festive season offers to sellers and buyers alike. Happy holidays and happy selling!
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Penny Smith Realty, LLC is excited to announce that we are now part of the Grosse Pointe Board of Realtors. At Penny Smith Realty, LLC, we are committed to providing our clients with topnotch service. Joining the Grosse Pointe Board of Realtors will allow us to better serve, educate, inform, and provide you with the quality you deserve.
"Established in 1985, the Grosse Pointe Board of REALTORS® (GPBR) is made up of REALTORS®, Corporate Partners, and Affiliates with a membership of more than 1,400 individuals." Did you know the minimum FICO score qualification was lowered to 550, from 580 - at Penny Smith Realty, LLC we can help get you approved and into your dream home! Ask us how ...
Well, 2021 is off and running. The road still appears to be a bit foggy and the dust of 2020 has yet to fully settle, but here we are asking ourselves; is it time to buy or time to sell? According to Norada Real Estate Investments , "The combination of intense demand and the low mortgage rates has pushed home prices to levels that are making it difficult to save for a down payment, particularly among first-time buyers. While we still face economic and health challenges ahead, it is no doubt that the nation will continue to recover from this pandemic and an improving economy will continue to prop up the housing market competition. Industry experts believe the housing market will remain strong and is set to break more records in 2021." With demand still high and interest rates low, don't waste another minute contemplating. Let's starting searching for your perfect dream home together, TODAY! It is no secret we are living during some crazy times. And, during these times we have never become more aware of 'cleanliness' and our daily habits. With that said, we are sharing some tips from Homesnap on keeping some common home and personal objects clean during the COVID-19 pandemic. Smartphones: Your smartphone should be disinfected two times per day. To effectively kill a virus or germs on your phone, use a disinfectant solution of at least 55% isopropyl alcohol. “Apple and Google have both confirmed that it is OK to use wipes that contain 70% isopropyl alcohol and it will not damage the phone,” {Homesnap notes.}
Laptops: Similar to your smartphone, wipe your laptop down two times per day with an antibacterial alcohol wipe (Clorox, Lysol, etc.) of at least 55% isopropyl alcohol, {Homesnap advises.} To clean the keyboard, lightly dampen a Q-Tip to get in between the keys. Cars: The main areas to focus on cleaning in a car include door handles, the steering wheel, the shifter, seat belt buckles, and radio controls. You should quickly wipe down these frequently touched surfaces every time you return to your car after being in public. You can do this easily with disinfectant wipes or even soap and water. “Soap and water remains one of the most highly effective solutions to fight viruses and germs regardless if it has antibacterial properties or not,” {Homesnap reports.} Keys: Car and house keys should be cleaned with soap and water (for non-electronic keys) or antibacterial wipes once per day. Keep your keys in your pocket or bag when out in public. Similar to washing your hands, wiping down the surface for at least 20 seconds allows the soap time to fully break down the virus or germs. "Clear to Close" a Realtor (and Clients) Favorite Words! So, happy I was able to help a recent client of mine buy his perfect home in Mid-Eastern Michigan. We searched for over a year to find this gem with acreage, but we both couldn't be happier! "Clear to Close!" Let Penny Smith Realty, LLC help you find your next dream home! "Breathtaking landscapes, urban escapes, unique attractions, a wealth of events and festivals and rich culture – experience them all in PURE MICHIGAN." Lonely Planet Names Detroit a Top Destination for 2018 "Lonely Planet, the world’s largest travel guide book publisher, just named Detroit as a Top 10 global city destination. Detroit was the only continental U.S. city selected for the prestigious list."
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