The Anna Maria Island Sun Newspaper

Vol. 14 No. 8 - December 18, 2013

REAL ESTATE

Selling during the holidays

 

The holiday season is in full swing with decorating, parties and gift giving. But will selling your home or keeping it on the market at this time of the year fit into your holiday traditions and even more important the traditions of potential buyers?

Like every possible question in the universe, if you ask two different people their opinion, you are likely to get two different answers, and selling your home during the Christmas and New Year’s holiday season is no different. Many real estate brokers feel that holiday buyers tend to be more serious and are willing to move more quickly because why else would they be looking at properties a week before Christmas? Many of these buyers are relocating into the area for professional or personal reasons and are anxious to get settled or could even have an end of the year tax deadline.

In addition, the competition from other sellers is likely to be less fierce during the holidays. Some sellers will either remove their homes from the market to celebrate the season or are waiting till after the holidays to list. Something else to consider when making a decision is the abundance of visitors, who are either vacationing or visiting family on the Island during the holidays, which could expand the buyer pool.

If you do decide to keep your home on the market during the holidays, here a few quick tips: It is fine to decorate but don’t overdo it; keep the ornaments simple and tasteful with few religious elements. Everyone loves the warm homey smell of cookies baking and scented candles burning during the holidays. If you’re still listed during the holidays, make sure your real estate agent isn’t flying off to some secluded island and not leaving anyone in charge of your property.

For the really motivated seller, consider a special holiday discount to buyers for offers by the end of the year or offer seller financing or help with closing costs. If you can get your agent to advertise your home with a holiday incentive, you just might tap into all those holiday visitors who are just dying to spend next Christmas on the beach.

Finally, if you have made the decision to keep your home on the market during the holidays in spite of family and friends being around, you have to make it available for showings. If you think you might not want your home walked through by strangers this time of year, you need to reconsider, because just like any other time of the year, never turn down a showing.

The flip side of selling during the holidays is the real estate Grinch, who thinks it’s a total waste of time resulting in additional stress for sellers during a normally stressful time of the year. The real estate Grinch will say that buyers will view houses that are on the market during the holidays as having desperate sellers. They point out the smaller inventory of buyers, some of which are looking for very specific properties, who will make offers less than they might at a different time of the year. And they also think agents, like everyone else, will be distracted this time of the year.

Some of this might be true and should be considered when deciding if you want to go through the hassle of showing your home during the holidays. Agents will point out that if you remove your home from the market it can go back on fresh in January, almost like a new listing.

Personally I subscribe to the serious buyer theory during the holidays. You never know who’s on the other side of the door. If you’re selling your home this month, your holiday traditions will certainly be a little off anyway, so why not go for it? Happy holidays and good luck.

Real Estate Transactions
Real estate transfers as of May 2013
Sponsored by Alan Galletto Island Real Estate

Sold Date | List Price | Sold Price | Address | Provision | Property Style

Anna Maria

09/06/2013 499,900 465,000 830 North Shore Dr 1467 3 Br/2 Ba SFR
09/20/2013 529,000 490,000 313 Magnolia Ave 1424 73x114 2 Br/2.5 Ba SFR
09/20/2013 799,900 750,000 115 Willow Ave 2140 50x110 3 Br/3 Ba SFR
09/20/2013 750,000 750,000 300 Shore Dr 1680 4 Br/2 Ba SFR
09/23/2013 875,000 800,000 511 South Dr # A 2742 158x130 5 Br/3 Ba SFR
09/23/2013 430,000 445,000 511 Spring Ave 1093 52x145 2 Br/2 Ba SFR
09/24/2013 634,900 600,000 113 Pelican Dr 1008 91x100 2 Br/2 Ba SFR
09/24/2013 720,000 677,500 771 Jacaranda Rd 1586 52x98 3 Br/2 Ba SFR 09/25/2013 594,0 00 540,000 215 Palm Ave 1040 52x110 3 Br/2 Ba SFR 09/06/2013 369,900 360,000 812 Jacaranda Rd 61x108 Vac.
09/20/2013 1,835,000 1,865,000 207 - 215 Magnolia Ave 260x110 Vac.
09/26/2013 500,000 500,000 207 Magnolia 52x110 Vac.
09/26/2013 500,000 500,000 Magnolia 52x110 Vac.

Bradenton Beach

09/20/2013 434,900 405,000 2113 Avenue C 1280 50x100 3 Br/1 Ba SFR
09/05/2013 290,000 265,000 2302 Avenue B 2145 50x100 3 Br/2 Ba SFR, Short Sale
09/06/2013 395,000 380,000 1325 Gulf N Dr # 166 1392 2 Br/2 Ba Condo
09/06/2013 799,999 799,000 2309 Avenue C # Both 3326 6 Br/4 Ba Villa
09/06/2013 799,999 800,000 2309 Avenue C # Both 3326 102x108 Inc.
09/23/2013 269,900 280,000 102 1st N St 2447 50x106 Inc., Bank Owned

Holmes Beach

09/06/2013 475,000 405,000 415 Bay Palms Dr 1746 80x100 3 Br/2 Ba SFR
09/12/2013 2,174,000 1,900,000 534 70th St 3511 109 x 119 4 Br/4.5 Ba SFR
09/12/2013 625,000 575,000 207 69th St # B 1200 70x110 3 Br/2 Ba SFR
09/13/2013 450,000 355,000 6818 Palm Dr # A,B 2042 3 Br/2.5 Ba SFR
09/20/2013 519,000 495,000 4110 6th Ave 1500 3 Br/3 Ba SFR
09/20/2013 1,695,000 1,350,000 204 66th St 3400 29x105 6 Br/5.5 Ba SFR
09/26/2013 2,499,000 2,170,000 103 49th St 2431 113x150 3 Br/2.5 Ba SFR
09/26/2013 649,500 615,000 300 67th St 1450 50 x 100 3 Br/2 Ba SFR
09/30/2013 579,000 552,500 215 66th St 1114 54x105 3 Br/2 Ba SFR
09/30/2013 449,000 438,000 231 64th St 1206 3 Br/2 Ba SFR
09/30/2013 719,000 650,000 5605 Carissa St # South 1500 76x117 3 Br/2 Ba SFR
09/02/2013 249,000 225,000 3601 East Bay Dr # 202 1035 2 Br/2 Ba Condo
09/18/2013 1,000,000 1,000,000 6006 Gulf Dr # 201 2010 3 Br/2 Ba Condo
09/20/2013 325,000 300,000 6200 Flotilla Dr # 261 1426 2 Br/2 Ba Condo
09/30/2013 379,900 379,900 6005 Gulf Dr # 219 1011 2 Br/2 Ba Condo
09/30/2013 529,900 500,000 7000 Gulf Dr # 107 1259 2 Br/2 Ba Condo
09/30/2013 317,500 307,500 5808 Gulf Dr # 104 1198 2 Br/2 Ba Condo
09/30/2013 374,900 360,000 3311 Gulf Dr # 1 1331 2 Br/2 Ba Condo
09/23/2013 279,000 265,000 3100 Gulf Dr # 5 884 2 Br/2 Ba TH
09/17/2013 299,900 287,500 426 63rd St 1216 2 Br/2 Ba 1/2 Dup., Bank Owned
09/25/2013 475,000 425,000 6504 Marina Dr # A 1791 104x100 Inc.

Source: Manatee County Property Appraiser’s Office


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