Most real estate agents would agree that selling a property, be it a home or a commercial one would like to rely on the a proper time. This would mean that holidays such as Christmas and other significant periods in the calendar would likely affect the selling process. Now propertycluster discussed a question regarding "How Wise It Would Be to Sell off Your Home during Holidays?" And with the details they have given, here below are some pros and cons of doing such thing during holiday season.
Positive Effect
School Schedule
Most parents or prospect buyers would consider a holiday period as a practical time to purchase a house and probably settle before the class resumes. Parents would not want their children be interrupted during school days that it's why some would prefer doing such transaction during a holiday, like the coming Christmas.
Visuals and Externals
It has been proven that neighbors and the neighborhood largely affect most prospect buyers' decision. That is why it would be of less effort to hide the dull neighborhood with the festive decors hanging around or set during holiday seasons.
Customary
Most buyers would likely follow what is usually being done. Propertycluster explained that, "January customarily marks the onset of transfer season for employed people. Such buyers may not wait till next spring to procure a house and would complete the deal in December itself."
Negative Effect
Low Offers
Most buyers would likewise think the same with your move and its intention. As a result of this, they may simply interpret that you are too eager to sell your house, thus low offers would be abundant.
Short Period
Not all transaction may work within just one flip of a coin. Propertycluster warned that, "holiday season in December starts mid-month, which essentially means the transaction will not be wrapped up in the same month and will be dragged to January. This will not serve your purpose."
