Spring may be the traditional time of year to sell your home but there is no reason to think you need to wait for spring to sell your home. Here are 5 reasons why you shouldn’t wait until spring to sell your home.
Spring is the busiest time for the property market and this means more competition
Spring remains the busiest time, and the most traditional time, of year in the UK property market. This means that there will be people who hold off from placing their property on to the market until spring.
You should see this as an opportunity. Would you rather wait until spring to promote your home, coming up against the largest volume of sellers or would you rather place your property on to the market now when there is less supply? With fewer properties on the market between now and spring, you should find that you are more likely to be seen by interested buyers.
When it comes to simple economics, placing your property on the market now will increase the chances of buyers seeing it, so don’t wait until spring to sell your home.
There are reasons why people will want to move in autumn and winter
The long held views that people predominantly move home in spring no longer hold as much weight as they used to. There is a greater degree of flexibility in the job market, and this may necessitate people moving home at all times of year. There will also be people whose main motivation for moving is to be settled before the festive period or to be in their new home in time for the New Year.
By placing your property on the market in autumn and winter, you increase your chances of appealing to these buyers.
One of the strongest reasons why many buyers prefer to move in autumn is they get a more realistic view of the property. Sellers are keen to sell in spring or early summer because homes and gardens can look tremendous at these times of year, and there are fewer issues that can impact on a property at these times of year.
However, with most issues like draughts, leaks and structural problems coming to light in the colder months of the year, it makes sense for a savvy buyer to review a property at these times. If you place your property on the market at this time and you can convince a potential buyer that your property is a good purchase, the buyer will be much more confident in what you offer.
Why put off until tomorrow what you can do today?
If you are sitting here thinking about selling your home in spring, are you likely to go through with it? There is a strong argument in that if you are serious about selling your property, you should take action now while the thought is in your mind.
Online property portals means there is never a bad time to sell your property
Another good reason why year-round selling is a lot more effective is down to the emergence of online property portals. People can view homes from the comfort of their own home, allowing them to get a good feel for property before they step outside of the house. This gives buyers confidence in what they are looking at, and means that they are more likely to be committed to undertaking viewings at this time of year.