Top tips for selling your property this summer
There is never a perfect time to sell, but if you follow the trends, it may be possible to time things just right to make the most of the busiest market. This could mean that you get more interest, and you can therefore maximise the sale price of your property.
The property market has peaks and troughs throughout the year.
There is never a perfect time to sell, but if you follow the trends, it may be possible to time things just right to make the most of the busiest market. This could mean that you get more interest, and you can therefore maximise the sale price of your property.
So how can you predict the peaks and troughs in the market and use that prediction to your advantage?
We have these busy periods of life that take up a lot of our free time and mental head space.
So, when it comes to selling our home, we wait until these bigger, busier stages of life are out of the way and dealt with.
Christmas. School holidays. And then back to school in September.
It's human nature to compartmentalise the major tasks we need to accomplish.
As a result, we think, "we'll wait until after Christmas to put the house up for sale", or "until the kids are back at school".
And this leads to peaks of new instructions.
Lots of lovely properties come onto the market simultaneously. And this spikes the interest of potential buyers.
Which will then soon lead to a peak in agreed sales.
As a result, we see a peak of new instructions early in the year, with an increase in completed sales in late spring/early summer.
And then, there is another peak of instructions in September, which allows a sale to complete in time for Christmas.
That is not to say that the months in between are written off. There is usually a constant level of sales throughout the year, but these times do have a peak.
If you are considering selling your home before the end of this year, follow these tips!
Presentation - stage your home for summer. Flowers and gardens show off your home at this time of year. Many happy memories are made through the summer months when you use the whole property to its fullest. Longer days and warmer temperatures mean you enjoy the outside as much as the inside of the home. BBQs, alfresco dining, gardening, playtime for the kids, water fights, and fun. Show it all off with the staging of your property. Tell the stories of your happy summers through your photographs to show how you use the outdoor space.
Timing - Timing is everything. Suppose many buyers are waiting for the school holidays to start before beginning their search for a property. Viewing figures are higher when there is more free time, and the weather is better. You need to be on the market BEFORE then; otherwise, you could miss the boat.
You've gotta be in it to win it! - If you're not on the market, you definitely won't sell. If no one knows that your home's available, they won't buy it. So, get into action and get your marketing materials prepared. A good agent will want to prepare photography, video, and copy and create an excellent marketing plan to sell your home. This takes time and shouldn't be rushed. So, don't leave it until the middle of summer, thinking it will all be done in a day; it won't. Have your valuations now and choose your agent. This means they can get started on the marketing and build the hype with potential buyers before you launch your property to the market.
So, timed correctly, you could market your home during the summer and take advantage of the busy summer months that would enable completion by Christmas.
If you want to be enjoying Christmas in your dream home, you should be taking action RIGHT NOW.
To get your home on the market, and sold in time for Christmas, get in touch with our expert team to discuss your options.