Why it’s Okay to List or Buy a Home at the End of the Year
While many people view the end of the year as an off-season for real estate, there are several compelling reasons to consider listing or buying a home during the colder/holiday months. Here are a few reasons that highlight the benefits of winter real estate transactions.
Less Competition
With fewer buyers in the market, there's a greater chance of finding the perfect home or listing your property without the usual rush. This can lead to better negotiation outcomes.Serious Buyers Only
Those looking to buy in the winter are often more motivated and serious about completing their purchase. This can lead to smoother transactions.Tax Benefits
Buying a home before the end of the year may qualify you for tax benefits. Check with your CPA, because this could be a great time to invest in a new home.End of the year seller generosity
Some sellers are just ready to move on by the end of the year. If their listing has been sitting a while, getting it sold or under contract by the end of the year may bring a ton of perceived value to them.
Taking advantage of the winter real estate market can lead to unexpected benefits and savings. Whether you're listing or buying, the season presents its own unique opportunities. Contact an AGRE agent to discuss if this time of year is a good idea for selling or buying.