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Buying and Selling on Black Friday | Anchorage Real Estate

In Anchorage AK, Black Friday is looking to be a good day for serious real estate deals. A survey of 344 realtors conducted by Realtor.com found that realtors want their piece of the action and are committed to forego holiday shopping to serve motivated buyers and sellers. Historically, only the most determined sellers keep their homes on the market over the holidays so Black Friday is expected to be a great time for lower price offers to be accepted as well as obtaining other positive terms and accommodations.

Black Friday Real Estate Deals
Photo by Kevin Shorter

Availability of Realtors on Black Friday

Almost half of Realtors surveyed plan on working on Black Friday by showing property. Realtors planning on showing property expect to facilitate a firm sale due to serious buyers who are prepared with pre-approved loans and the expectation of making a purchase. All stakeholders, buyers, sellers and agents are poised to make deals. Many realtors expect to schedule an open house on Black Friday. Sellers who make their homes available on Black Friday need a sale and are prepared to make concessions in both price and incentives such as appliances and closing costs. By scheduling the open house on Friday, it will leave the balance of the holiday weekend to tie up loose ends on submitted offers.

Black Friday Is For Serious Shoppers

Since there will be fewer casual shoppers, real estate professionals are looking forward to focusing on serious buyers and sellers. Casual shoppers are not as apt to immediately take a deal if one is presented on this day and this day only. The longer weekend allows buyers an extended period of time and many of them are committed to making a deal over the extended weekend and look forward to closing by year end.

Black Friday Allows For Individual Attention

Since casual shoppers may be discouraged from this day in real estate, realtors are may be able to spend more time on individual attention they will be able to provide serious buyers by spending an extended day showing property. Realtors holding open houses will be prepared to act when a serious buyer visits the open house.

Prospective buyers who want to take advantage of Black Friday real estate deals in Anchorage would be well advised to get pre-approved for a real estate loan and make a date with their favorite Realtor.

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