The real estate economy not only changes each year, but also from month to month. There are common misconceptions about listing a property during different times of year. So, why list real estate in Franklin TN during the holiday months?
Inventory & Competition
There is not as much competition during the the holiday months. Home buyers still have a need during the first few months of the following year, so the winter months are when they will get a home under contract. Being one of the limited properties for sale gives you a better likelihood of being selected.
A previous survey by Realtor.com discovered that 79% of buyers looking during the holiday months were more serious. 61% consider lower competition for homes to be a benefit. Furthermore, potential buyers have extra time to see listings during the holiday months. Relocating home buyers also often use the holidays to start a real estate search. It is therefore likely to find homes going under agreement around Christmas or New Years Eve.
Why List Real Estate In Franklin TN During The Holiday Months
If you are unsure about selling your property during the holiday months, think about the opportunities you might be forgoing from buyers who truly need to locate a property and are visiting properties on the market. Holding off several months can result in your real estate being lost among the abundance of new properties for sale or needing to be listed for less due to the competition. Listings sell at all times of year, but the inventory and buyer demand will shift and affect selling prices.
This overview of why list real estate in Franklin TN during the holiday months is offered by Jim Eaton at Benchmark Realty, LLC.
For more information, contact Jim Eaton at Benchmark Realty, LLC at Cell/Txt: (615) 519-5515 / Office: (615) 371-1544 or firstname.lastname@example.org.