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Listing Your Home During the Holidays

By
Real Estate Agent with RE/MAX 100

Craig W. Barrett, Hughesville, REALTOR (r)

Hughesville, MD Real Estate

www.hughesvillehomes.com

As we've settled in to our favorite chair to watch College Football after getting some of those wonderful ThanksgivingHome Decorated for Christmas leftovers, some sellers are asking themselves, "Now the Holidays are here, do we take our home off the market?" It's an interesting question and generally can be answered best by understanding the sellers motivation, local conditions and the agents abilities.

In my real estate market, Hughesville, MD, like other places in the country, market activity slows down during the Holidays. Given the conditions we've seen for some time, "slow down" is an understatement. Or is it?

Hughesville, MD is the geographical center of Southern Maryland and is a fine community of folks that might commute to Washington, DC, Northern Virginia, NAS Patuxent River, MD, and NSWC Dahlgren, VA. Given Hughesville, MD central location to Military Bases, the Federal Government and Technology Centers, and given Military and other transfers are already starting to take place, makes the Holidays an excellent opportunity to market property.

If you Google "Home on the market during the Holidays", you'll find an interesting article on the 1st page. Clearly the author is not advocating keeping the home on the market during the Holiday. One of the authors reasons is

"It's inconvenient to always be ready to show at a moment's notice."

Huh? If the seller and the agent have the motivation to sell, the house will be ready, maybe not at a moments notice, but certainly a time-frame that is reasonable.

Here's another... "If you remove your home from the market, it can go back as a new listing in January, thereby drawing more traffic because it's fresh."

Technically, that's not correct and not to mention unethical. The rules for MLS's vary, but mine clearly state I can not knowingly hide the fact a home has been on the market or manipulate the system so it looks like a new listing, nor would I consider to do so.

And here's my favorite... "Your agent might be on vacation in December and unavailable."

Are you kidding me? In these days of electronic and cell phone communication, I can't imagine not being available. Sure we all take vacations, but I bet I'm like a lot of you, regardless of your profession, always available. I've got a Blackberry, an efax, 24/7 email and colleagues that will step-up if need be.

So, enjoy the leftovers, College Football or just some quality time with your family and consider selling your home during the Holidays. Those are just several points and counter points from one article. There's plenty of debate on the subject and I've added my 2 cents specific to the Hughesville, MD real estate market.

Does listing a home or continuing to market a listing during the Holidays make sense in your part of the country?

 

Comments(12)

DALIA KIBBY
One Sothebys International Realty - Cooper City, FL
Selling Florida Homes with Passion!
Highly motivated sellers & buyers don't stop marketing & buying homes, respectively, b/c of the holidays.  They continue doing what they have to do. 
Nov 23, 2007 10:30 AM
Krista Fuchs
Prudential Fox & Roach - Exton, PA
Chester County Realtor - (484) 459-8025 - Home Buying and Selling

Things basically come to a halt during the holiday season in SE Pennsylvania.  

I try and reassure these Sellers by letting them know that the showings will be of a higher quality because holiday home shoppers are very serious and qualified ones.

Nov 23, 2007 12:35 PM
Suzanne Sands
Pavao Real Estate - Somerset, MA
Somerset MA Real Estate

Craig,

I agree, motivated buyers & sellers won't stop because of the holidays. Some homes market better during the holiday season! :) 

Nov 23, 2007 01:10 PM
Julie Neerings~Lifting Hearts ♥ Building Dreams~
Agent Referral - Salt Lake City, UT

Craig-I do like your take on selling during the holidays.  We actually just listed our own home the night before Thanksgiving.  The afternoon of Thanksgiving we already received a call on it and had our first showing today.  I think it's a great time to sell.  People are out and about. Family from out of town comes in town (maybe thinking of moving) and for us, it's easier to keep the house clean all the time because people come to visit more often.

Thanks for a great post! 

Nov 23, 2007 02:04 PM
Craig W. Barrett
RE/MAX 100 - Hughesville, MD
Hughesville MD Real Estate

Dalia, Yes highly motivated buyers and sellers are going to continue regardless of the time of year. Thanks for the comment.

Nov 23, 2007 11:43 PM
Craig W. Barrett
RE/MAX 100 - Hughesville, MD
Hughesville MD Real Estate
Krista, I was curious how the Holidays affected others in different parts of the country. Regardless of the activity, one comment that keeps surfacing is the quality of the buyer.
Nov 23, 2007 11:46 PM
Craig W. Barrett
RE/MAX 100 - Hughesville, MD
Hughesville MD Real Estate
Suzanne, excellent observation. I've had sellers that list during the Holidays ask me if they should decorate. I told them absolutely! It's still your home, enjoy the it during the Holidays. They feared "offending" a potential buyer. Thanks for the comment.
Nov 23, 2007 11:50 PM
Craig W. Barrett
RE/MAX 100 - Hughesville, MD
Hughesville MD Real Estate
Julie, during the Holidays the focus is already on keeping things straight and decluttered. I think that's great you got a call on Thanksgiving! Good luck with selling your home and thanks for the comment.
Nov 23, 2007 11:53 PM
Antoinette Scognamiglio, GRI, ASP
Coldwell Banker Realty - Mountain Lakes, NJ
There's no substitute for EXPERIENCE!
I've asked the exact same question in my blog and come up with...the most motivated buyers are still shopping during the holidays.  If you want to / need to sell, list it regardless of the calendar.
Nov 24, 2007 01:15 AM
Craig W. Barrett
RE/MAX 100 - Hughesville, MD
Hughesville MD Real Estate
That's what I've found too. Thanks for the comment Antoinette.
Nov 24, 2007 03:27 AM
Anonymous
Anonymous
Craig, I think it is a terrific time of the year to have your home on the market.  The supply of homes on the market is less than typically in the spring.  Homes also look festive during this season.  If a seller is motivated to sell why would anyone advise them not to do?  It boggles my mind.
Nov 24, 2007 11:00 PM
#11
Craig W. Barrett
RE/MAX 100 - Hughesville, MD
Hughesville MD Real Estate
You touched on several good points, supply is typically less than spring, homes look festive, and motivation. I agree with you. Thanks for the comment.
Nov 25, 2007 12:03 AM