While we can't speak for every Seller, what we can discuss is how the market generally runs. Homes that are listed during the summer time or even early fall are accumulating higher days on market.
There are a few subdivisions that are publicly advertising buyer incentive deals if you buy by a certain time. These specific areas mentioned in my video are: Norton Ranch and Ryen Glenn subdivisions.
While we can't speak for every seller or every property below, what we can offer is that there is typically a greater incentive for a seller to sell before the end of the year for many reasons mentioned below but not limited to. Buyer Advantages & Seller Challenges:
- Sellers may be more flexible (or willing) to negotiate - Less buyers to compete with this time of year - A seller wants to potentially sell before the end of the year for tax benefits - Some sellers could be paying two mortgages for a vacant property - Inconvenience to show the property while hosting family for the holidays - Effort and time to continually show the property during a busy time of year - Some Sellers may remove their property off the market though they want to still sell but don't want to show the property - Builders / Developers are sitting on inventory and can't start their next build until selling the property first
What we can encourage is to work with an Agent, like us, who can do the digging for you.
Ask questions. Be transparent with what you want. If there is a property above your price point, it does not hurt to ask if there is wiggle room in the negotiations.