Selling your home during the festive season
Category Property Advice
As the festive season approaches, you may be wondering if you should keep your property on the market or remove it. Do you want to put your house on the market now or wait until January? Traditionally, it was thought that selling a home during the festive season was a bad idea. This old notion no longer holds true.
The real estate industry has been disrupted by technology, making it even easier to buy and sell a property. Showcasing your property may be done at any time of day or night, thanks to high definition photos, virtual listings, as well as 4K video footage. Potential buyers can virtually view your home anytime they wish too, even on Christmas day.
Is it a good time to sell your property around the festive season? Whether to sell or not at the end of the year has to do with your particular situation and market. In a buyer's market, serious buyers know what they want in a home and will be looking for it - even during the festive season. So why miss out on a chance to sell?
Let's explore the pros and cons of selling your home during the festive season:
Advantages of selling your home during the festive season
For many people, Christmas is a happy and joyous occasion. Simple staging tactics will boost the delight of Christmas by creating a festive atmosphere in your home. Buyers will naturally envision their families celebrating the next festive season in their new house.
The number of properties for sale reduces throughout the festive season. This decreases competition among suppliers while increasing competitiveness among buyers. If you live in a high-demand location, you may receive offers that are much greater than your original asking price.
As previously stated, buyers looking for houses around the festive season are usually serious about finding their dream home. This may result in a quick sale. Many purchasers searching at this time of year may hope to be able to move in before the start of the school year.
Disadvantages of selling your home during the festive season
One of the downsides of selling your home during the festive season is that many individuals will be on holiday. This may result in fewer potential buyers coming to view your property.
Many people may still believe it is a terrible idea to sell your property during the festive season. They may be sceptical, asking why you are so eager to sell your property rather than spend time with your family at this time. They can possibly believe you're in a hurry to sell since the house is in bad shape or you need to pay off a debt.
If buyers feel as if you are desperate to sell, they may make a lower offer. This will result in lesser profits or a lengthy negotiation period.
Having potential buyers view your home during the festive season may be an inconvenience to you. Your home may get dirty. You may also have to put off or delay any family gatherings.
Staging your home for a festive sale
If you choose to stage your home with Christmas decorations, keep them to a minimum to prevent your rooms from appearing overdone. Too many decorations may put off buyers, but the right decorations can draw attention to your home's best features.
Hang a few stylish ornaments from your mantle to complement an appealing fireplace. Mistletoe can be hung in an arched entryway. Wrap a couple of boxes in festive wrapping paper and place them under the tree. You might also want to serve cookies, hot chocolate, or apple cider as Christmas treats.
If you need assistance selling your home during the festive season, contact Knight Frank today. Our agents will help you stage your home with festive joy to secure a lucrative sale.
Author: Knight Frank
