Understanding the Multiple Offer Situation

To learn more about how to handle a multiple offer situation, visit my site blog at http://www.romeom.com/

Should you list your home for sale during the holidays?

People often ask me whether they should list their home for sale during the holiday season. Here are a few points to consider:

There's no question that showing activity generally slows down between Thanksgiving and the first of the year. Part of this is due to the fact that many agents decide to take vacations during that time. Personally, I had some of my best months for sales in December, especially when I stayed in town rather than taking time off. There are several advantages to having your property on the market in December, especially if you decorate your house for the holidays. A warm fire and the smell of homemade cinnamon rolls (even if they came out of the can) will make your house more appealing. If your neighbors decorate their houses, that's an additional plus, especially if there is any type of neighborhood competition. Most buyers are drawn to communities where the residents take pride in their property. Even though there are fewer buyers looking over the holidays, those who are looking are usually very motivated to buy. Like your family, they often have to move quickly. The last few months of the year often see an uptick in investor activity. An investor may be purchasing because the current interest rates are very favorable or to pick up some additional tax write-offs in this tax year.

So if you're on the fence about listing your home for sale before the end of the year, keep these points in mind.
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Both Houses Approve Tax Credit Extension

Both houses approved legislation to extend the first time homebuyer credit until April of next year. For more information, visit http://www.RomeoM.com