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If you are in the market for a new home

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TheLorax
LOVE

Member since 2/06

5581 total posts

Name:
Suzanne / SuzBride

If you are in the market for a new home

are you putting your search on hold until after the holidays?

We talked to our realtor about putting our house up for sale, and he said that we might want to wait until at least January to list it cause most people aren't looking due to the holidays. OY! It makes sense, but I keep telling DH, our house can't sell if it isn't up for sale! Chat Icon

Posted 12/2/08 8:18 AM
 
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KLSbear
LIF Adult

Member since 1/06

1908 total posts

Name:
Karen

Re: If you are in the market for a new home

We put in a bid on a house right before Thanksgiving when we purchased a few years ago. We moved here from out of state and we needed to find a place fast. You won't have as much traffic during the holidays, but those that you do get will be more serious about purchasing.

Posted 12/2/08 8:20 AM
 

LuvMy2Girls
@>---------

Member since 5/05

11165 total posts

Name:
Mommy

Re: If you are in the market for a new home

We put our search on pause right before thanksgiving. It was getting to be too much with Dh's stress at work and the holidays. We aren't starting fully again til January. We wanted to be 100% in or 0% out. No in between.

Posted 12/2/08 9:16 AM
 

Tine73

Member since 3/06

22093 total posts

Name:
*********

Re: If you are in the market for a new home

We looked for houses around the holidays in 06. It was actually fun seeing the houses decorated. We wound up signing a the contract right after new years. I would go for it, but expect the beginning to go kinda slow.

Posted 12/2/08 9:21 AM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: If you are in the market for a new home

We closed on Dec 18.

Posted 12/2/08 9:34 AM
 

GioiaMia
Let's Go Rangers!

Member since 1/07

14818 total posts

Name:

Re: If you are in the market for a new home

We are going to see a house on Wednesday and not putting anything on hold

Posted 12/2/08 10:23 AM
 

Ophelia
she's baaccckkkk ;)

Member since 5/06

23378 total posts

Name:
remember, when Gulliver traveled....

Re: If you are in the market for a new home

it's just a matter of a month really, when you think about it....

if you don't mind the hassle of showings during the holidays, go for it.

who knows...your home all decked out in it's Christmas glory could give a potential home buyer the warm and fuzzies...

Posted 12/2/08 10:25 AM
 

MommaG
Yay Spring!

Member since 5/05

5133 total posts

Name:
Gloria

Re: If you are in the market for a new home

I signed the contract for my house in December.

I think the realtor is looking at it that he will have less of a chance to get his commission because your contract with him is only six months or whatever, and he feels that December will not be a high traffic time, and therefore less of a chance it will sell and a wasted month of his six. Except for the inconvenience of people coming to your house when you're busy with holiday stuff, you've got nothing to lose listing it now.

Posted 12/2/08 11:08 AM
 

RocPin
Life's Beachy <3

Member since 2/08

6765 total posts

Name:
Heather

Re: If you are in the market for a new home

Im actively searching right now and hope to be in contract before the end of the year. I never even thought to put it on hold until after Christmas. I really hope people arent waiting to list their homes but now that I think of it, I have noticed the listings dwindle down from last month to this month.

Posted 12/2/08 11:31 AM
 

TheLorax
LOVE

Member since 2/06

5581 total posts

Name:
Suzanne / SuzBride

Re: If you are in the market for a new home

Posted by MommaG

I signed the contract for my house in December.

I think the realtor is looking at it that he will have less of a chance to get his commission because your contract with him is only six months or whatever, and he feels that December will not be a high traffic time, and therefore less of a chance it will sell and a wasted month of his six. Except for the inconvenience of people coming to your house when you're busy with holiday stuff, you've got nothing to lose listing it now.



He said that some buyers are turned off by houses that have been listed a while and consider them 'stale'. He is thinking we won't sell in December and it will be an extra month added onto our 'staleness' I guess. I think years ago houses that were listed for a while were deemed 'stale', but now adays SO many houses are listed for months & months (or years!) before selling. I think I am going to push for listing now. I just need to win DH over!

Posted 12/2/08 11:38 AM
 

Ophelia
she's baaccckkkk ;)

Member since 5/06

23378 total posts

Name:
remember, when Gulliver traveled....

Re: If you are in the market for a new home

Posted by TheLorax

Posted by MommaG

I signed the contract for my house in December.

I think the realtor is looking at it that he will have less of a chance to get his commission because your contract with him is only six months or whatever, and he feels that December will not be a high traffic time, and therefore less of a chance it will sell and a wasted month of his six. Except for the inconvenience of people coming to your house when you're busy with holiday stuff, you've got nothing to lose listing it now.



He said that some buyers are turned off by houses that have been listed a while and consider them 'stale'. He is thinking we won't sell in December and it will be an extra month added onto our 'staleness' I guess. I think years ago houses that were listed for a while were deemed 'stale', but now adays SO many houses are listed for months & months (or years!) before selling. I think I am going to push for listing now. I just need to win DH over!



wear that Santa suit you have and you will Chat Icon Chat Icon

Message edited 12/2/2008 12:06:11 PM.

Posted 12/2/08 12:06 PM
 

isabelle2137
LIF Adult

Member since 12/06

1076 total posts

Name:

Re: If you are in the market for a new home

Closed on my house 12/20 of last year. The holidays didn't stop me!

Posted 12/2/08 12:09 PM
 

Pumpkin
LIF Adult

Member since 5/05

3353 total posts

Name:

Re: If you are in the market for a new home

We did. We are going to start back mid January.

Posted 12/2/08 12:25 PM
 

Erica
LIF Adult

Member since 5/05

11767 total posts

Name:

Re: If you are in the market for a new home

We are waiting until after the holidays to list ours.

1. staleness factor you mentioned
2. I don't decorate very much or well for xmas, so I don't want that to be a negative
3. I have 2 weeks off and need to get a lot of things in order/touch-up/move to storage - plus i don't want to be home with scheduled showings- or have to make myself scarce

Posted 12/2/08 12:33 PM
 

luckysmom
Yes it is! Going as planned:)

Member since 6/07

5339 total posts

Name:

Re: If you are in the market for a new home

We just found a house right before thanksgiving and are going to sign the contracts tonight. We didn't put anything on hold because of the holidays. I agree with the PP. You might not see much traffin but what you will see is the more serious people.

Posted 12/2/08 1:08 PM
 

charon54
My two boys!

Member since 5/05

7279 total posts

Name:
Rebecca

Re: If you are in the market for a new home

When we bought our house 5 years ago, we found it right after Thanksgiving. There were fewer houses on the market and it was the last one the real estate agent had to show us. I would list it now, can't hurt, plus with less inventory maybe you will have a better chance of sale.

Posted 12/2/08 4:17 PM
 

JandJ1224

Member since 6/06

5911 total posts

Name:
Jannette

Re: If you are in the market for a new home

I don't think you have anything to lose listing it now. I think even if people aren't actively looking they will still be checking on mls for new listings.

Posted 12/2/08 4:37 PM
 

MrsD06
LIF Toddler

Member since 9/07

478 total posts

Name:

Re: If you are in the market for a new home

We're looking now. I'm looking forward to the new year b/c I hope to see an increase in listings, but we're going to continue to look in the meantime.

As far as the staleness factor goes, that's just the nature of the market right now. I think almost every house we've seen so far has been on the market for months..it's just a slow market. I actually am bummed that we weren't ready to look until recently because a lot of homes that I'd been keeping my eye on all spring finally went down in price and sold towards the end of the summer/fall...I was interested in them and didn't think of them as "stale"..hth!

Posted 12/2/08 8:37 PM
 

TheLorax
LOVE

Member since 2/06

5581 total posts

Name:
Suzanne / SuzBride

Re: If you are in the market for a new home

UGH DH is convinced we should wait. Chat Icon It is only a few weeks but I am itching to put it up (and sell it!)

Posted 12/3/08 4:22 PM
 

rkoenke
my little piggys

Member since 3/08

4315 total posts

Name:
rachel

Re: If you are in the market for a new home

my realtor complained about making my house stale. i say, oh-well, it's the market. it doesn't cost anymore to have on the market. the realtor still has to work for you...

Posted 12/3/08 7:28 PM
 

lorich
.

Member since 6/05

9987 total posts

Name:
Grammie says "Lora Gina"

Re: If you are in the market for a new home

Posted by Tine73

We looked for houses around the holidays in 06. It was actually fun seeing the houses decorated. We wound up signing a the contract right after new years. I would go for it, but expect the beginning to go kinda slow.



This is pretty much the same with us...we started looking around Christmas 06. Did a lot on NYE too. Found our home in mid Jan.

Posted 12/3/08 8:46 PM
 

jen919ifer
LIF Adolescent

Member since 7/08

803 total posts

Name:
Jennifer

Re: If you are in the market for a new home

We are still actively looking, and there are no more houses to see :(

Posted 12/4/08 8:46 PM
 

Kara
Now Zagat Rated!

Member since 3/07

13217 total posts

Name:
They call me "Tater Salad"

Re: If you are in the market for a new home

Posted by TheLorax

Posted by MommaG

I signed the contract for my house in December.

I think the realtor is looking at it that he will have less of a chance to get his commission because your contract with him is only six months or whatever, and he feels that December will not be a high traffic time, and therefore less of a chance it will sell and a wasted month of his six. Except for the inconvenience of people coming to your house when you're busy with holiday stuff, you've got nothing to lose listing it now.



He said that some buyers are turned off by houses that have been listed a while and consider them 'stale'. He is thinking we won't sell in December and it will be an extra month added onto our 'staleness' I guess. I think years ago houses that were listed for a while were deemed 'stale', but now adays SO many houses are listed for months & months (or years!) before selling. I think I am going to push for listing now. I just need to win DH over!



If you're not in a rush, I would wait until after the holidays to list, personally. I think length of time on the market is a valid concern. We ALWAYS asked how long the houses we looked at were on the market and how many offers had been made, etc. It's probably not a deal breaker for most people, but it's something I would consider.

We were looking at a completely different time of year when we bought our house, though we were looking at second homes during the holidays last year. To be honest, while we didn't put our search "on hold" we simply had a lot less time to look... so by default we didn't see as many houses and were distracted by other oblgiations.

Posted 12/4/08 8:55 PM
 
 

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