Reasons to Buy & Sell During the Holidays

By Fran Campbell - November 23, 2018

Many people assume that buying or selling real estate at the Lake of the Ozarks during the holidays is next to impossible. While Spring and Summer is certainly a more popular time for real estate at the Lake of the Ozarks, if you are ready to buy or sell a home, you don't have to wait until Spring to start shopping or listing your home. The Fran Campbell Team has actually had large success selling homes during the holidays. Here are a few great reasons you should consider buying or listing your home even though it's the holiday season.

Buyers Never Stop Looking

You may have been told that the real estate market comes to a standstill during the holidays or in the winter, but we're here to tell you, that's not the case. The Lake of the Ozarks real estate market thrives year-round, and that does include the holiday season. Serious buyers never stop looking, and a serious seller will keep their home or property on the market all year long. The holidays bring out the buyers and sellers that are determined.

Homes Look and Feel Charming

There's something warm and inviting about a decorated home, or a home that feels cozy, and people who list their homes in the fall and winter can take advantage of decorating their homes for the holidays - tastefully, of course.

Inventory and Competition

While typically, home inventory is largest during the spring and summer months, the local MLS always has homes and properties listed. Fall and winter will have properties available, but the number of properties may be lower. If you are willing to modify your needs and search criteria, you can be sure to find a property that will fit your housing needs throughout the year.

Despite the fact that inventory may be lower in the fall and winter, people still list their homes, especially if they are serious sellers. During this time, you might also find less competition. It's likely the fall and winter will create less scenarios of multiple offers on one property, enabling buyers and sellers to have more time to think about offers. Less competition guarantees that you're not making a rushed decision when you find the perfect property.

Affordability

This specifically affects buyers. Prices do tend to fall slightly in the fall and winter when the market has cooled down a bit and you may find more serious sellers are keen to sell. But that's not to say if you list your home in the fall you're going to have to drastically reduce the price in order to sell your property. While it's possible it may sit on the market a bit longer, fall and winter sales do happen.

Don't let the holidays and/or the winter month scare you out of your next real estate transaction! You can use the holidays to your advantage and find your dream home or get your home sold. Our Real Estate Team at the Lake of the Ozarks can advise you and help sell your home as quickly as possible. Ready to Buy or Sell? Contact The Fran Campbell Team! We are dedicated to serving you and making your next real estate transaction as smooth as possible!

Contact the Fran Campbell Team for your real estate needs!