Redstones Buyers

Selling Your House? Get Your Timing Right

When it comes to selling your property, timing can have an effect on how quickly the sale progresses and even the price you can attract as the seller.

At Redstones, we are often asked on the best time to sell.  In theory, any time is the right time if your expectations are realistic but as a general overview we suggest the following:-

Summer : Summer is generally the slowest time to sell a property, due to the months of July and August being traditional holiday times. If you are in the middle of a house sale you may also find that progress slows down considerably during this time. If you are selling a family home, remember that this is the school holiday period too so families may be thin on the ground.

Autumn : Now the school holidays are over you will find that autumn is generally a favourable time to sell your property.  Late summer weather or a mild autumn also helps to bring out larger numbers of potential buyers. With the property market still on a roll, September may be an optimum time to put your property on the market. Our advice is to be ready to move quickly if you do as the market slows down from mid-November onwards in the run up to Christmas.

Winter :  The run up to Christmas is typically another slow time for house sales. At Redstones, we generally suggest that unless our buyers need a quick sale, they put their house up for sale in January rather than December.

Spring : Spring is always a popular time for property sales.  Christmas is a distant memory, the weather is getting warmer and summer holidays aren’t upon us yet. From an aesthetic point of view, gardens always look brighter when flowers are beginning to bloom and the night are longer.

Having said that ….

There are, of course, exceptions to every rule:-

Do your research : Every region has its own unique trends. Before making a decision to place your house on the market, always do your research. Look online at recent property sales prices, check with your council that there are no major roadworks planned near to your home.  Talk to a reputable estate agent who will be able to advise you what price you can realistically expect.

Don’t sell if you’re not ready : If you aren’t prepared to sell – either practically or emotionally – then wait until you are. Nothing deters a buyer more than an indecisive homeowner.  If you’re uncertain whether selling is right for ask yourself these five questions highlighted in our previous blog first.

Get the paintbrush out! You don’t need to spend thousands of pounds renovating your property before a sale but a few simple touches will improve your chances of an early sale. Our previous article on 6 tips for presenting your property for sale offers advice on how to do just that.

Don’t be panicked into selling : The market nationally is buoyant but the timing still needs to be right for you as the property owner.  If you put your property on the market and it fails to sell fairly quickly, you may be forced to drop the price. The longer a property is on the market, the higher the chances are that buyers will begin to wonder if there’s a problem with it.

Having said that, if you want or need to sell now, we recommend that you are realistic about timing and choose a reputable estate agent. Ultimately, it may even be that renting it out is a more feasible option for you.

At Redstones we have an in-depth understanding of the local market and offer advice realistic pricing given the timing of your sale. As lettings specialists we can also explore the option of renting out your property if that is an option for you.

Thinking of selling your property? Contact Redstones today.