During the holiday season, your schedule is full of shopping, parties, decorating, baking, and so much more. So, should you really add house hunting to that list?
Yes! The holidays are a terrific time to buy a home in the Markham area. Here are four reasons why.
1. Less Competition
One large benefit of purchasing a home during this time of year is there are typically fewer buyers. This means you have less competing offers to deal with and you can often take a little more time making decisions. However, if you wait a few months and look in the spring, that competition increases and it can become harder and more expensive to purchase your dream home.
2. You have More Negotiating Power
Due to less competition, sellers are going to be more willing to negotiate with you to sell their home. They know that if they can’t work out a deal with you, it may be a few more weeks before another buyer comes along. This gives you more negotiating power. Work with your Markham real estate agent to place an offer that the sellers can’t refuse.
3. Sellers are Motivated
If an individual chooses to sell their home during the holidays, they often have a good reason. They may need to sell their home soon to relocate for a new job, due to family reasons, etc. This means that not only are sellers more willing to work with you to negotiate a great deal, but they are going to be motivated to sell the property, and sell it quickly!
4. Easier to Hire Handymen
The winter season is usually an off-season for many home improvement professionals such as contractors, inspectors, etc. This means that if there is work you want to complete on your new home, you may be able to get it done much faster and cheaper than you would by waiting for the spring or summer months. The holidays are a wonderful time of year, particularly when it comes to the real estate market.
If you are interested in buying or selling a home in Markham, contact real estate agent Martin MacFarlane today.