Black Friday marks the start of the holiday shopping season. Most people spend the day waiting in line for good deals. Surprisingly, Black Friday is also the perfect day to buy or sell a house. In fact, many realtors choose to forgo crowded stores so they can spend their time helping serious buyers and sellers. As long as people play their cards right, they can make a great real estate deal in Columbia, South Carolina.
Why Should Buyers Buy on Black Friday?
Buyers should buy on Black Friday because sellers are usually aggressive with their price drops. Over the holidays, many sellers will drop the price of their home by $2,000 to $10,000. Home buyer traffic is low in the winter; therefore, serious sellers are usually the only ones who keep their homes on the market. The sellers will often do anything they can to attract a buyer.
Besides lowering their asking price, sellers are also willing to go the extra mile to sell their home. For example, many sellers offer extra goodies to entice buyers on Black Friday. Some of the big-ticket items that sellers may offer include washers, dryers, and refrigerators. Sometimes, sellers even offer unconventional items such as a car, big-screen TV, or pre-paid bar tab.
Why Should Sellers Sell Their Home on Black Friday?
Sellers have an advantage on Black Friday because they face less competition. Since there are not as many homes on the market, sellers will have an easier time attracting serious buyers in Columbia, South Carolina. Many buyers are already in the mood to shop, so Black Friday is the perfect time to schedule an open house.
Open houses are usually less busy on Black Friday, but fewer crowds can actually be a positive thing for homeowners and real estate agents. When open houses are less busy, it gives the real estate agent more time to spend with each buyer. The buyers who receive individualized attention will learn more about the house, which can entice them to make an offer. Since most people who attend open houses on Black Friday are serious buyers, having a non-crowded open house can come in handy.
Columbia Real Estate Deals on Black Friday
Black Friday is an excellent time to schedule real estate deals in Columbia, South Carolina. Buyers are looking for a good deal, and sellers are willing to give them one. Sellers face less competition, and buyers can find sellers that are willing to offer extra incentives. Those who are in the market for a new home should skip the long lines and crowds at the mall so they can attend an open house on Black Friday.