There are many reasons why people put off selling their property at this time of year in the belief that there could be a better time to do it: it’s too cold, it’s too wet, it’s too dark, the house is not looking its best, school holidays, Christmas, New Year, etc. At this time of the year many people say they will wait until the spring before putting their home on the market, as they think it’s the best time to sell – but for many reasons they couldn’t be more wrong.
Whilst it’s true to say that properties may look more appealing in the spring, there are lots of reasons for bringing a property to market during the winter. Firstly, whilst a vendor can choose to sell in the spring if they so wish a buyer’s timing is usually more likely to be determined by circumstances rather than the season. Serious buyers won’t let Christmas deter them.
Many properties come onto the market in the spring thereby increasing supply and therefore competition, meaning that buyers have more choice – which also puts them in a stronger bargaining position. It also means that by the time a buyer is found the seller will be able to take advantage of this increase in supply as they will then be seeking a home for themselves. Having a buyer for their property ahead of everyone else puts them in a strong position as a purchaser, with a selection of properties from which to choose in a market of buyers who have otherwise yet to sell.
This time of year usually produces a sharp increase in the supply of qualified buyers who want to conclude a sale by Christmas – and often at top prices too. This year is proving to be no exception and sales’ levels are high with many being agreed at asking prices. If anything, we are finding demand outweighing supply in certain price bands and genuinely need MORE properties to meet the growing demand.
So why wait when you can take advantage of today’s market? If you are contemplating moving, please phone Julian or Mark on 01752 401128 to discuss how our marketing plan could have you sold by this Christmas. Your timing might just be perfect.« Back to News