Should you wait until after the Holidays to list your home?

christmas-christmas-decoration-christmas-tree-cute-house-lights-Favim.com-83660At this time of year, many homeowners think they should wait until after the holidays to put their home on the market. Also, some homeowners who have had their home on the market decide to take it off the market until after the holidays.

If you are in this dilemma, here are six things to consider:

  1.  Buyers who are looking during the holidays for a home are serious buyers, and are ready to buy.
  2. You are in control of the showings on your home.  You can decide when your home can be shown or not.
  3. Homes often show better when decorated for the holidays.
  4. There is less competition from other sellers at this time of year, as many do decide to hold off selling until after the holidays.
  5. Buyers who are being relocated by their employer are always out there.  They will be looking to get into a home quickly to get their families settled.
  6. The supply of listings generally increases after the holidays.

These six items all suggest that there is a benefit to the seller who decides to move forward with selling their home during the holidays.

As always, you need to consider your particular circumstances and needs. One of our professionals at Coldwell Banker Pinnacle Real Estate will be happy to help you determine what course of action would be best for you.  Why not call one today?

10 Steps: How to Make a Successful Relocation Move

Gary HerronIn the most recent Real Estate Buyer’s Agent Council (REBAC) newsletter there was an article about making a successful relocation move and I thought this would be good to share with our readers. These steps can be applied to any move you may be making. 

 

Moving to a new, unfamiliar community can be stressful and demanding. To make your transfer go smoother, consider these suggestions:

1.  SELECT THE RIGHT REAL ESTATE AGENT. 

  • Working with a good agent is one of the most important aspects of a successful home purchase. Key qualities to look for: experience with relocating clients, strong local market knowledge and solid communication skills. If your agent has earned the Accredited Buyer’s Representative (ABR®) designation you’ll know they also have special training in representing buyers.

2.  GET PRE-APPROVED (NOT JUST PRE-QUALIFIED) FOR YOUR MORTGAGE.

 

  • Pre-approval means your application has already been processed and final approval is only contingent upon an appraisal and other issues.  Mortgage pre-approval puts you in a more favorable negotiating position with sellers and allows you to make faster decisions.

3.  SEPARATE YOUR NEEDS FROM YOUR WANTS. 

  • The difference may seem subtle, but this makes it easier to quickly narrow your options and find the best home for your needs.

4.  KEEP COPIOUS NOTES. 

  • You’ll probably see many homes in a short of time. Detailed notes, photos, and listing sheets can help you recall each property after a busy “home shopping” trip.

5.  THINK ABOUT SELLING WHILE BUYING. 

  • Transferees often face future relocations, so it’s important to consider a home’s resale value. If your agent is pointing out a home’s flaws, they’re probably looking out for your future best interest.

6.  LEARN THE MARKET. 

  • Buyers can gather an amazing amount of information online about the markets they’re considering for their new home (Although an experienced agent will always have a stronger pulse on local market prices than any website). Do your homework and rely on your agent to add key perspectives.

7.  BE PREPARED TO MAKE FAST DECISIONS.

  • Many markets now favour sellers or simply lack adequate home inventories, causing buyers to quickly regret momentary hesitation on a desirable home. Consider making an offer right away, even if you plan to view additional properties.

8. BEFORE PLACING AN OFFER, REQUEST A QUICK CMA.

  • Agents can produce a comparable market analysis on any home in a matter of minutes. This is also where an agent with local market expertise can be a real plus.

9.  BE PREPARED FOR EMOTIONAL UPS AND DOWNS.

  •  Negotiating an offer can be a draining experience. Try to remain calm and maintain perspective as offers and counter offers are exchanged.

10. LEARN FROM HOME INSPECTORS.

  • The level of detail in home inspections has improved dramatically. If at all possible, attend the inspection in person. You’ll also gain many valuable tips about maintaining your home in the written report. As far as renegotiating on repair items, remember that in strong markets, sellers may be unwilling to make any concessions based on the inspector’s report.

So if you are thinking of making a move, contact Coldwell Banker Pinnacle Real Estate and ask to speak to one of our sales representatives with the Accredited Buyer’s Representative (ABR®) designation.