The logic - if any can be applied - is that people are traveling and visiting friends/relatives a lot during the holidays. Drive-by exposure for yard signs increases and people visiting from out of town who are thinking about relocating will be looking.
I have a listing that was purposely set to expire this weekend so the family with young children could enjoy the holidays undisturbed. We extended the listing until the week before Christmas (when the sellers have company arriving) as activity has really picked up within their price range since we've experienced a flurry of showings recently. Also, the competition has diminished quite a bit so any serious buyer that must purchase still has this property as an option.
I believe that it depends on your area's activity and the property's price point whether you should keep it on or re-list the home early next year. Let the sellers decide what is best for them.
Prudential Connecticut Realty
Yes keep the home on the market. This is a time when people (potential buyers) travel and they may be interested in the area where this home is on the market. Why not make it available to see? As long as the seller's are agreeable and the buyers are extra considerate to the sellers during this time it's a great time to market to traveling buyers...
All the best,
Licensed Associate Broker
Accredited Buyer Representative
GREEN Designated Agent
William Raveis Legends Realty Group
If it is priced right I am sure you get it sold before the end of year.
But check your traffic trends and see if the traffic has died down or has remained steady. And I think it is important to consider if the sellers feel they need a little reprieve to enjoy their holidays as well!
Additionally, keeping your home on the market during the Holiday season allows you to hit the ground running at the first of the year whereas other Realtors/sellers will just be getting there wheels turning i.e. marketing, promotion, MLS, etc. Just a thought.
Guess what? I made several deals during this period primarily because I was the only one anyone could get a hold of. There's a market for every season and a season for every market. No one has a crystal ball and no one can determine the whimsical notions of the fickle buyer.