Although selling property around vacations may seem uncommon to some, the property market is nevertheless lively during this time of year. Every year, more people look online for homes after the holidays; on Boxing Day last year, listing visits were up 54% from the year before. It might be a perfect time to either buy or sell because people have more spare time and enthusiasm to move in anticipation of the New Year.
There are lots of benefits to buying or selling a home this Christmas. If your property is in Winchester, then to know the accurate value of the property, avail services for house valuation in Winchester and be confident that you are getting your money’s worth.
The importance of an online presence
If you’re selling your house, having it listed and accessible during the holiday season on all the main property portals is crucial. During the festive season, when people often have more spare time, they’ll start looking at houses online. People aiming for a New Year’s move begin searching for a new house as soon as Christmas Day is over. It is among the few occasions when the entire family will be present and most probably at home.
Don’t pass up the chance to sell your property over the holidays; what could be more enjoyable than viewing a home that is truly festive? It’s a smart option to plan ahead if you want to make use of all the Christmas spotlight. If possible, give your estate agent instructions before having to put up any Christmas decorations. If the house doesn’t sell right away, this will keep the images from looking out of date. Families are busy during Christmas, so they can adopt a “Do Not Disturb” policy, which means they can list the house for sale right before Christmas but postpone viewings till after New Year.
Don’t hold off till spring
Although there are drawbacks to looking for a home around the holidays, the advantages often exceed them. In contrast to the Christmas season, when there is less availability but still a strong demand, most home sellers wait until the spring, when there is greater supply and competition. Even when it seems like a “natural” time to purchase or sell, you may end up losing out. You might have a greater chance of getting a higher selling price if you sell your house during the holiday season, rather than trying to compete with the spring market’s glut.
Moving between December and January tends to be a short process for those who are interested. Homes that are up for sale during the holiday season are frequently either brand-new to the market or have been listed for a time. Buyers are in a much stronger negotiating position because long-listing sellers are typically keen to close the deal.
Take advantage of the winter season
With fewer competing homes and buyers, you will undoubtedly stand out. If a seller has fewer bidders attempting to sway them with offers, your offer as a buyer will stand out. On a very chilly day or a rainy night, entering a light, warm, cosy home can sometimes have the same favourable impacts as touring a property on a balmy summer day. If you’re a buyer, make an effort to schedule viewings during the day. You won’t get the whole sense of the property if you schedule a viewing for 6 pm after work, in the dark.
There may be a surge of buyers and sellers in the New Year. Register your sale or familiarise yourself with the property market on or before Christmas to avoid the crowds.
Be proactive with your time
Don’t undervalue the amount of time it takes to list your house either. Given the length of time, it takes an estate agent to create the marketing materials for a home, such as taking pictures, creating floor plans, and procuring an Energy Performance Certificate (EPC), it is advised for sellers to start the process early to get a lead on the competition and take advantage of these peak times. It’s a terrific opportunity to plan a campaign with your agent for the best possible debut of your house onto the market.
Christmas is usually a hectic time of the year, so using these tips should help you relax a bit and enjoy the holiday season if you’re buying or selling. Even on Christmas Eve, people are still wanting to relocate, and the property market is still active.