List Now or List Later?

November 26, 2007


This time of year we receive calls from potential sellers. Their first question is "Should I put my house on the market now or wait until after January 1st?".


My first answer is "It depends."


If a seller is being transferred or has an urgent need to sell, December is an O.K. time to market a property.


Here are a few positive reasons:


1) People who look at homes in December are usually serious buyers.


2) Generally the inventory is a bit lower because many sellers believe it is better to wait until after the first of January to list their property. Also many sellers do not want the interruption of buyers during their holiday festivities.


3) There are some tax reasons why somebody would like to buy before the end of the year.


4) Homes which are decorated for the holidays create a warm and welcoming environment which stimulates the desire of a buyer to make a purchase.


If you are considering making a move in 2008, evaluate your needs and make your decision based on your needs. Really, the best time to list your property is when your needs and desires require a change in your housing situation.