There are many myths surrounding the sale of a home, and one of those myths is that you should put your home on the market in the spring. But as we know, this is a myth. In fact, it is better to sell your home in the winter, as the summer is a busy time for buyers, and you could lose the chance to sell it. Read on to learn more.
Spring or Summer?
Many homeowners think it is a good idea to wait until Spring or Summer to put their home on the market, believing that this is the time of the year when there are more potential buyers around looking to make a move. However, this plan can backfire, and for this reason, perhaps you should consider now to be the best time to advertise your home. Here’s why:
There is less competition. Simply, everyone is thinking the same way as you, that they should wait before putting their home up for sale. So what happens? Come Spring and Summer, the market is flooded, and with all the extra competition, it is harder to get the asking price for your home, if it even gets a look-in. As it is so busy, it is definitely a buyer’s market at this time of the year, which is the last thing you want.
Many homeowners also want their home to look its best in the estate agent’s window, so they believe that showing pictures of it when the weather is lovely and all the flowers are out in the garden in full bloom will help sell it faster. But don’t forget, it is your estate agent’s job to show your home in its best light and they will always ensure that the photos of your home look as appealing as possible, whatever the time of year.
And as this period before the start of spring is slower, your estate agent will have more time on their hands to look after your property and ensure that it sells in the fastest time possible, so you will get more of their attention than when they are much busier.
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Also, don’t forget that the post-Christmas period is quite a boring and tedious one for some, who are longing for spring and summer to start. People are fed up with being back at work, and are browsing the internet looking for inspiration. You want to have your home on the estate agent’s website, ready to catch these potential buyers. Also, buyers who struggled during the busy season to land their dream home are now lying in wait.
The early part of the year – January, February and March, is when people are looking forward to the year ahead and planning their future, and this is the time of year when estate agents can actually make their best sales. People often prefer to move in the New Year period, as perhaps they are relocating because of a new job opportunity or need to move their family into a larger and more suitable home. Families can be extremely busy in the warmer months with more activities and holidays etc., so January or February is an ideal time for them to move.
So as you can see, now is the perfect time to sell your home, while there is less risk to your asking price. If you do get a quick sale, then you will have a clear out of your home and can move into the next property much quicker, all ready to enjoy the warmer months in your new home. If you are thinking about selling your property, then the best thing to do is to contact one of our top-class estate agents now to get the ball rolling.