Selling in winter: Not such a cold thing to do
Many punters wax lyrical about the Spring property market as the only season in which to sell. Whilst the hype of the Spring selling market is infectious and garners much media attention, the reality is that the most popular time of year to sell doesn’t equate to being the best time to achieve a premium price. Why? Because achieving a great sales price relies on fierce competition.
When the market is flooded with properties in Spring, the buyers are spoiled for choice. They don’t need to go above and beyond to secure a home. If they miss out on yours, there’s another to buy around the corner. In the cooler months, you have less competition as a vendor - there are fewer homes on the market, and purchasers are motivated by having fewer homes to consider. Selling in Winter won’t leave you out in the cold, that’s for sure!
Are you considering selling your home in the chilly months ahead? Get in contact with us to discover the value of your property under current market conditions. Remember – demand and supply change season-on-season, so the value of your home may have changed since last appraised.