The Next 30 Days

It’s the middle of December and the big Holiday is just about upon us. So is anything going to happen in real estate over the next 30 days?

Actually, it will be active and there will be something going on for everyone involved in the real estate transaction. Let’s take a look at what the next 30 days might mean for you.

Buyers: There’s great opportunity here because only serious buyers (people who have to buy) are out looking during the Holidays. You’ll have more choices, less competition, and could get a better deal if you close before the end of the year. Also, if you have been watching a home for a while and notice that it’s no longer coming up in your online search, chances are that the sellers have taken it off the market during the Holidays. It’s probably still for sale so have your agent call the listing agent to find out if the home is coming back on the market after the Holidays. Sometimes, the listing agent will tell you that you can still see the home even though it’s temporarily off the market. That’s the best situation because now you are looking at a home that no one else is looking at and it might be the perfect time to throw in an offer.

Sellers: Believe it or not, with all the hustle and bustle of the Holidays, if you are thinking about putting your home on the market after the 1st of the year, then you should be speaking with an agent now. Take the next two weeks and set up one or two appointments with an agent to discuss the process of getting your home on the market. Many times, advanced preparation of two weeks to a month to get your home ready to sell can pay off big when it hits the market. Finding the right agent is one of the biggest challenges and it takes time. That’s why you want to start this process now so you can be ready to pull the trigger when January rolls around.

Last but not least, if you chose to do nothing and just enjoy the next two weeks with family and friends, I can’t blame you. The real estate market will start to get hot again around January 15th. Usually, people need about two weeks after January 1st to get back into the normal swing of things. Look for new homes and previous listed homes to hit the market right around the middle of the month with more choices for buyers.

Dan Polimino is a Realtor with Fuller Sotheby’s International Realty. He can be reached at DPolimino@fullerproperties.com and www.coloradodreamhouse.com/denverpost

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