Despite market perceptions, we continue to advise our clients that now is a good as a time as any to sell your property. However, there is still caution from vendors that feel the best time of year to market their property is in the spring.
Undoubtedly, in the spring, flowers are breaking through, the grass is greener, and we stand a better chance of brighter weather, but we ask those nervous sellers; why wait until there is a flood of other property to the market?
It is rare for a buyer to be searching for a new property on a whim. Generally speaking, buyers tend to also be selling, and again, generally speaking, buyers move for a reason other than because they fancy a change. The most common reasons we see for house moves in the present climate is to be nearer to family, relocation due to work or up/downsizing because the property no longer meets their requirements. Those factors are present steadily throughout the year which tells us that there is no particular merit in waiting for good weather (if indeed it ever arrives!?) especially when you will have the highest levels of competition in the market to sell.
We have experienced our busiest quarter during December to February for the last two years running.
We do, however, acknowledge how important it is to wait for the time that is right for you. If you rush your property to the market without preparing, it may not be presented in the best way, and when the point comes to agree on or complete a sale you may have a change of heart, delaying or damaging the marketing process.
Recently there have been shaky reports of how the housing market is performing and it is very dependent upon area. Even though there is a slight decrease in viewing numbers during early January, the number of offers being received is still on track and there are a number of people enquiring on a daily basis who can not find what they are looking for due to a lack of properties being offered for sale.
We are always happy to chat over ideas and give general advice if you are thinking about selling or letting your property, so feel free to contact our friendly and professional team at George F. White 0333 920 2220.