ScaredyCatGuide to Real Estate - Three Reasons to Buy a Property During the Holiday Season by scaredycatguide

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ScaredyCatGuide to Real Estate - Three Reasons to Buy a Property During the Holiday Season

It may seem like finding a rental property to purchase during the holiday season may be a hassle. To some extent it may be a little more difficult, but that is exactly why it is a prime time to find a deal!

![christmas-2971961_640.jpg](https://steemitimages.com/DQmdUodYhJMxP8xe1FCph3DTt2Cpu52oLcxn6Mi9NfpdNce/christmas-2971961_640.jpg)

## 1. Less Competition
During the holidays season the buying competition dies down as people get busy and distracted with all that comes with it.

This means less people putting in offers to rival yours, which has a couple benefits. First, the likelihood of price being driven up is goes down with less people making offers. Second, the confidence of the seller to make aggressive counter offers goes down as there is not as much interest.

## 2. Homes are Priced to Sell
For the most part sellers don’t want to sell in the holiday season, if they could wait for a better time they likely would. Meaning they may be a motivated seller and thus have priced the home to get rid of it in a reasonable amount of time.

The pressures of carrying the cost of a home during the holiday season is motivation to move the property as fast as possible.

Remember, things happen in life that cause the need to sell a property. Say for example a divorce and the proceeds of the home are part of the settlement. The sellers usually want to conclude that as soon as possible and rather sell now for a little less than wait months for a little extra cash.

## 3. Better Service from Realtors, Lenders etc.
With less active people in the market during the holidays the service providers have a smaller pool of clients they are handling, thus more attention to your search and your deal. Holidays can be expensive and service providers are motivated to make dollars during that time.

### Real Life Application
The last property I purchased I went under contract the week in between Christmas and New Year’s for what I thought was a pretty good deal given the normal state of my local market, which is aggressive to say the least.
___
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___
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👍 coral-reef, reggaemuffin, teamsteem, evanrvoss, kaylinart, getonthetrain, sykochica, scaredycatguide, helikopterben, msp-waves, kubbyelizabeth, carrinm, lexiconical, ausbitbank, forexbrokr, pharesim, thecryptofiend, msp-lovebot, bulleth, cristi, jasonstaggers, msp-shanehug, gonzo, choogirl, vachemorte, furious-one, crimsonclad, hope777, bue, alexpmorris, mitchelljaworski, steembusiness, steemprentice, scooter77, derrick829, pnc, charles1, sc-steemit, middle-theory, buzzbeergeek, jorlauski, berkah, andrewawerdna, engrkevz, rbennett, isaria, moisesmcardona, strangerarray, crypticus, kslo, steempaper, adventureevryday, professorbromide, thinknzombie, greenstar, jesus.christ, suffragator, anejosua, negativer, quaestor, sweeneydean, hendrimyz, unimelb, hitmeasap, and 9 others

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@sweeneydean · Dec 12 '17

Wow that’s actually really quite smart everybody like in a good mood because of holiday vibes think 🤔 I’m going to apply this life lesson thanks Nice post lady lady 🏝🦄🔥

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@scaredycatguide · Dec 13 '17

Haha, thanks!  The scaredy cat is a male though :-)

👍 kubbyelizabeth

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@rbennett · Dec 12 '17

Good common sense logic there, SCG.
I'm looking to sell though and get maximum I can for it. Which time would you recommend?

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@scaredycatguide · Dec 13 '17

There are variables based on where you live.  If its somewhere with winter; winter months are always the worst, but in the end there is always someone looking for a home so if you need to sell do it.

Places that have seasons - spring into summer based on research.

Someone like Florida it actually is busy in the fall/winter because of the snow bird influence.

👍 kubbyelizabeth

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@manorvillemike · Dec 12 '17

All makes perfect sense. Getting deals done before the new tax year big incentive for deal.

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@scaredycatguide · Dec 13 '17 (edited)

Yup, or lock in a contract but by the time the closing actual happenings it is the new year and the seller points any capital gains a year ;-)

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@kubbyelizabeth · Dec 13 '17

So, is August the worst time to buy since it is back to school season?!

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@scaredycatguide · Dec 13 '17

Its most areas of the Country yes, but Florida is weird because of the big snow bird influence so the fall is supposedly the best time to sell a house.   That also has more of an impact depending on what area we are talking as well.  Such as Sarasota vs. Okeechobee

There is always the back to school season but I'd say its a little earlier here since school starts in August.  People want to be moved in by then.

👍 kubbyelizabeth

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@jorlauski · Dec 13 '17

we just finished a house and put it under contract and it should close on the week of Christmas... I agree that this is the time when most people aren't bothering to look for properties so you have an advantage right away.  When looking for deals, you need to take advantage of every opportunity and get the edge wherever you can. Great post!

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