Wednesday 5 July 2017

What is the Best Time to Sell a House?

Is it the right time to sell your house?




The best time to sell your home is when there are the most amount of buyers actively looking to buy. Baldip Bains Estate is renowned estate agency that works with its clients to get the best possible price for their homes.  Here is Baldip Bains Estates tip on when is it best to sell you home

When to Sell a House - Which Seasons is best?

Selling a House in Spring:

Spring is a great time to sell a house or flat!
Gardens are in bloom
There's plenty of good light and mild weather
Properties look their best
The market is full with buyers

Spring is a pretty up-beat time of year. In good weather buyers are more prepared to go house hunting. Also, many families look to match their purchase with the end of the school year.

Selling a House in Summer:

High summer has never been the best time to sell a house (especially a family one).
School Holidays are the big reason for this. Entertaining kids leaves little time for house hunting.
Plus, everyone else goes away on holiday. This peaks around August and the market dies.
If you have to sell a house in the summer, try to get it on the market as early as possible.
If your home is not on the market by early July you'll be putting yourself at a disadvantage.

Selling a House in Autumn:

Autumn has always been a good time to sell a house.
However, it's not as good as the Jan - July period. Still, if you're trying to sell in late Sept or Oct you've nothing to worry about.
Remember though, nobody wants to move over Christmas so don't leave coming to market too late.
After the 2nd week of November buyers, like bears, tend to go into hibernation.

Selling a House in Winter:

Winter is definitely not the ideal time to sell. We would actively discourage anyone trying to sell a house towards the back-end of December.
If you can hold out for the New Year you'll put your sale in a much better position.

Try Not to Sell a House in a Quiet Market!

We always think its best to try  sell a house within 4-6 weeks, while it's fresh!
After this period property becomes "old news" and buyers start getting suspicious. They tend to assume something is wrong with the property and stay away.
When this happens your house becomes a "Turkey" and you terminally damage your chance of getting best price.
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Exceptions to These Rules

Remember, it only takes one buyer to successfully sell a house!
In reality there are buyers out there 365 days a year. Just some days there are more than others.
If you are forced to sell a house during a quiet month - please don't worry!
You just need to recognise that you're at a disadvantage and act accordingly.
Be realistic about your price and concentrate twice as hard on how (and where) your property is marketed.

Visit Baldip Bains Estates website to find out more about how we can help you sell your home. 

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