Selling up: When is the optimum time to sell your property?

Selling up: When is the optimum time to sell your property?

18th May, 2018

When it comes to home ownership, selling your property can be just as stressful as buying one. Trying to find the best opportunity to do so can be a guessing game, but one of the most important factors to consider is the time of year.

Potential buyers will consider the presentation, space, surroundings and how much work will need completing when they move in. And the weather can really help to give your house a positive aura, which you may have never contemplated. Certain periods will be busier than others for several reasons, so we have considered the pros and cons of seasonal selling to help you put your home on the market at the optimum time…

Spring

Pros:

Spring is the start (supposedly) of the sunnier weather and the move away from the cold, which has been proven to bring more buyers to the market.
House-hunting can be very stressful, but a warmer climate can provide a more relaxed environment for buyers in their search.

Cons:

A large majority of the presentation of a property relies on the weather, so if the day turns rainy and miserable, it can have a negative impact.
With more houses being on the market, it can be more difficult to sell your property due to the competition.

Summer

Pros:

The further improvement in the weather (we hope) will give a positive light to your home.
People are more likely to house-hunt and take time off work while the weather is nice, which also leaves them feeling more relaxed.
Buyers may find that they have more time on their hands, meaning they can focus on any repairs or general improvements that may need doing, which could help push a sale.

Cons:

People are more likely to take holidays, which could leave a gap in the market and a lack of purchasers.
With children being off for the end of the school year, some may not find the time for viewings at all, as their focus will be on childcare.

Autumn

Pros:

The summer holidays are over, so people will have more free time with the new school year starting.
The change in the colour of the environment that comes along with this season can be aesthetically pleasing, which can benefit a property’s appearance.
Buyers will want to secure a deal before the busyness of the Christmas period, which could work in the favour of the seller.

Cons:

Similar to the summer period, the best time to sell would be before the winter months start, as the change in weather can make buyers less likely to plan viewings.
Any grey skies and rain will not benefit viewings and can make your garden look messy.

Winter

Pros:

Despite the colder weather, you can easily use this to your advantage by creating a more scenic environment around your home.
There is less competition during this period, so if you can make a good first impression then you will have no difficulties selling your property.
With the festive period coming up, having decorations can provide a unique selling point which no other month can!

Cons:

Most purchasers will be focused on Christmas and will have no time to house-hunt, especially if they’re saving money for the festive period.
The cold weather can be off-putting to most, as people would generally prefer to be indoors in the warmth rather than viewing houses.

From this list, it is clear to see that spring is the best time to sell – with the improvements in the weather and increase in potential buyers. So, now may be the perfect time to utilise the nice weather we are having and put your home on the market.

However, it is important that you plan thoroughly and don’t rush into selling your property just because it may be the ‘right’ season to do so – make sure that you are ready!

If you require any further advice or want to sell your house, you can contact one of our sales team here.

View all posts by Chloe Byrne


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