Is it time to pull your home from the market? It may feel tempting, especially if your listing has been sitting for longer than expected. But before you make that decision, consider this: taking your home off the market now could cost you in the long run. Here’s why sticking with your plan could be your smartest move.
A Growing Trend: Sellers Are Pulling Back – Should You Follow?
Recent trends show more sellers are pulling their listings this time of year, which is typical as fall sets in. As we approach the end of the year, the real estate market experiences a seasonal slowdown, with fewer homes being listed and many sellers deciding to wait until the new year. As one expert notes:
“…we’re seeing a more typical seasonal pattern now with inventory starting to decline. We’re also seeing more home vendors withdrawing their listings to try again next year. In fact, for every two sales, there’s one more listing taken off the market.”
But should you be doing the same? While waiting might seem like a safe bet, here’s why stepping back could be a missed opportunity.
Today’s Buyers Are Serious and Ready to Act
The most important reason to keep your listing active is the type of buyers currently in the market—they’re serious and motivated.
These buyers have been waiting for favorable conditions and are finally ready to take action now that mortgage rates have started to come down. In fact, rising mortgage applications show that buyers are reentering the market with renewed energy. They’ve been patient, and that makes them even more eager to find a home before the year ends.
These aren’t just casual browsers—they are motivated buyers who want to settle into a new home before the holiday season takes full swing. As experts point out:
“During the fall months, serious buyers are eager to get settled into a new home before the holiday rush and winter weather.”
By keeping your home on the market, you increase your chances of attracting these ready-to-act buyers.
The Takeaway
While some sellers may be opting to take their homes off the market, this might not be the best move for you. With motivated buyers actively looking, now could be the perfect time to sell. Get in touch with your real estate agent to ensure you have a strategy in place and seize the opportunity to sell before the year ends.