There are times when you can actually get a jump on other buyers and get your bid in when others simply don’t think they can do so. Unfortunately, or perhaps fortunately, these days tend to be holidays and in particular big holidays.
While others are busy celebrating they simply put home buying out of their minds but when the holiday’s over the time comes once again to think about that house they looked at and loved.
If you’re serious about a house and don’t want to lose it then it may truly be in your benefit to put your bid or offer in on one of the best days of the year to make an offer.
Proven to be the second best day to put in an offer on a home is Easter Sunday. Most buyers won’t be thinking of buying on a holiday and most sellers are generally home celebrating the day. The day after is just another day for most and everyone will go back to business as usual; which means buyers get back to looking and bidding. Because Easter falls in the spring time it’s also a great time of year to have your pick of homes. Spring is the busiest season for the real estate market and you’ll see for sale signs popping up even quicker than the tulips and lilies in front yards.
Knowing that spring is the busiest time of year for real estate is also one of the biggest reasons to get a little edge on your competition. Putting in a bid on Easter will most probably make you the only person with an offer in. This can be especially beneficial to you if you have your heart set on a home you just looked at and it’s in a neighborhood that’s desirable or a type of home that will sell fast.
Getting your bid in as soon as possible is always to your benefit but beating out the typical person who would make an offer the day after a holiday is good sense. While people may celebrate on Easter most celebrate with a religious ceremony and then a family dinner. Unlike holidays such as Christmas the celebration is fairly low key and doesn’t involve loads of people visiting for long periods of time so the seller probably won’t feel put out that you put your bid in on a holiday.
There are always risks with bidding on a holiday. The biggest risk, especially if it’s on a religious holiday, is that you will offend the seller. You don’t want to offend the seller because the answer to your bid will most likely be no unless there is no other way they can get out of your offer. You also should let your lawyer know when you want to place your bid, even if it’s the Saturday before Easter, to assure that your agent will work on that day and put the offer in to the seller.
You have a better chance of not offending anyone on Easter than you do on other holidays, simply based upon the fact that most celebrations are somewhat less elaborate for the day and unlike Christmas tend to last for that day only and not a series of days when friends and family visit and so on. However you should also understand that interrupting anyone’s holiday can be offensive, especially a religious holiday; that’s probably the biggest problem with putting in a bid on Easter Sunday. You don’t want to offend anyone, including your agent.
If the timing and holiday issue isn’t something that you really have to worry about then you are definitely putting the odds in your favor by putting in your offer Easter Sunday. Most people simply don’t think to make their offer on Easter Sunday and on homes that are going to sell fast you want to get the edge. Generally the day after Easter or within that week is when a lot of offers are made. There are so many buyers and sellers in the market during the spring that it’s truly the busiest time of year for most agents. Taking advantage of the normal day off could truly be to your benefit especially if the home is one that will sell quickly. Perhaps this is the year to fill your basket with tons of joy and happiness with something that won’t even fit your new home.