Why Buy And Sell Real Estate In November & December ? - Why Not ?

Reblogger Sylvie Conde
Real Estate Agent with Sutton Group-Associates Realty Inc., Brokerage

Jenny put together a great list of reasons why buying and selling in November and December may present great opportunities.

Is now a good time for you?

 

Sylvie Conde, Broker  -  Your Toronto Realtor!
Sutton Group-Associates Realty Inc, Brokerage  416-966-0300
Independently Owned & Operated
sconde@sutton.com
www.sylvieconde.com
www.torontorealestatelife.com

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Original content by Jenny Kotulak


Many people feel that November and December are less than stellar months to buy or sell a home. I don't believe there is ever a bad time of year to make a real estate transaction.  Here are 10 reasons why  these months present  great opportunities.

1. Unmotivated sellers take their homes off the market. Therefore there is LESS COMPETITION for serious sellers. Unmotivated sellers will put their homes back on the market in January when a rush of other will also. Chances are they still won't sell unless they are priced correctly and show well.


2. Homes SHOW WELL over the holidays. Seasonal decorations, warm fires, wonderful smells from the kitchen entice buyers. TIP: Leave some cookies on a plate for the potential buyers.


3.There may be LESS SHOWINGS but most showings will be from SERIOUS BUYERS. People are busy at this time of year and if they are out looking at homes they are usually MOTIVATED TO BUY.


4. Buyers who have just sold their homes in the FALL MARKET are looking to buy another home. These are FIRM BUYERS. Many want to be in their new home for Christmas. TIP: Treat offers from firm buyers like gold.


5.Selling your home in November or December gives you the opportunity to wait until the New Year to buy. There will be more inventory and you will be in the driver's seat.


6. Many buyers getting transferred need to relocate for the New Year. Chances are they are scouting for a new home during the holiday season when they have time to bring their family to look.


7. Many people buy homes or condos for their children who are beginning College or University in January. If you live in a College or University area this is prime time to sell. TIP: If you live in a college or university town, you should consider buying an investment property to rent out to students. 


8. For BUYERS, there may be more room to NEGOTIATE PRICE as most sellers on the market are MOTIVATED to sell.


buy and sell in November and December, decorate to sell, prepare your home to sell, Jenny Kotulak, photo9. REALTORS are not usually as busy at this time of year. You will receive their undivided and devoted attention. The same goes for lawyers, mortgage brokers, moving companies, etc. Moving costs may be reduced.


10. Don't forget that life circumstances force people to buy and sell at any time of the year. The market for marriage, divorce, retirement, inheritance, empty nest syndrome, first time buyer, single buyer DOESN'T STOP in November and December.

TIP: Consider the months of November and December as Opportunity Time.

    

 Jenny Kotulak Broker - RE/MAX Aboutowne Realty Corp. Brokerage, Oakville, Ontario 905-842-7000

             www.oakvilleontariorealestate.ca

 

 

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Topic:
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buying and selling in november and december
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Rainmaker
1,273,699
Sally K. & David L. Hanson
WI Realtors - Luxury - Short Sale - CDPE, REDS
Keller Williams 414-525-0563

Forth quarter has always been our time to shine....the "wait till spring" syndrome only invites more inventory...not what anyone needs who is trying to sell !

November 04, 2009 07:30 AM
Rainer
91,809
Terri Onigkeit
GRI
Keller Williams of Northern Colorado

I might use some of these for some listings that are sitting on the fence. I have sold lot's of homes in these months.

November 04, 2009 07:30 AM
Rainer
205,223
Sylvie Conde
Broker, Toronto Real Estate
Sutton Group-Associates Realty Inc., Brokerage

Sally & David, right now, we don't have a huge inventory of great homes ... but people seem to think that waiting till Spring will bring more money.  I think if it's priced right, and it shows well, it will sell any time.

Terri, that's a great idea.  I think we have all sold many homes in those months - again, if they are priced right.  Good luck.  :)

 

November 04, 2009 07:34 AM
Rainmaker
821,359
Marc Swartz
CPA, CA - Toronto, Durham & York Regions, Ontario

Sylvie - Jenny wrote a great post that you reblogged.  It's a great one to discuss with clients.

November 05, 2009 06:07 AM
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Rainer
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Sylvie Conde

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