Because some people have the notion that homes don’t sell during the months of November and December people who want to move may hesitate to put their homes on the market. Contrary to popular belief, homes that are listed during this month and more likely to sell quicker and for a higher asking price. Here are a few reasons that selling a house in November can be the best time.
If buyers are looking for homes during this time of the year, more than likely it’s because something has occurred that motivates them to move now. It could be a change in job, relocating to the area, family situation, military transfer or other reasons. For these type of buyers it doesn’t matter if the weather is not great or if the home is decorated for the holidays. If your house is available they will arrange to view it and most likely make an offer if it shows well and is priced right.
Not much competition
There are many sellers out there who think that this is not the time to sell, They’ll take their home off the market and wait until the first of the year, not believing that it’s worth their time.
Year-end tax breaks
In fact, there are studies that show that homes listed during this time of the year are more likely to sell quicker, close faster and near the asking price. Because buyers are motivated, competition is less, and due to tax advantages November is a great time to sell you house.
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