Whilst many people assume one season is the best time to sell their homes, there’s actually never a bad time to sell. But now that the summer holidays are over and the kids are back to school, you might be wondering – is it time to make a move? Does it make sense to do it now? Yes it is, and yes it does!
Fewer Homes for Sale + High Buyer Demand
When the summer comes to an end, we often see fewer homes for sale throughout the autumn and winter months. But, due to mortgage approval increases and low interest rates, there’s still the same high level of buyer demand out there. This means that now is an absolutely great time to sell. Less sellers to compete with and lots of buyer competition = an ideal scenario for you!
With more buyers searching in a smaller pool of homes for sale, there will be greater interest in your property, more viewings and a quicker sale time. You’ll also have a higher chance of getting multiple bids and, therefore, a maximum return on your investment.
Whilst the summer is a great time to sell because the days are lighter, there weather is often more pleasant, gardens are in full bloom, and lots of people are trying to buy and sell, you will have more sellers to compete with. This is why autumn and winter are ideal times to sell.
You may even attract interest from those who were not planning to move until the springtime, but your home becoming available could encourage them to move early to ensure they get the ideal property they’re after. Even if someone has kids, they’re not going to miss out on the chance to buy their perfect home simply because it’s autumn.
Preparing your home to sell in autumn
If you’re thinking about selling your home over the forthcoming months, but you’re not sure if you’ll get the desired sale price, or perhaps you need to do a little bit of work before putting it on the market, your best bet is to arrange an impartial valuation from a local, well-regarded estate agent to understand your position and options.
They will tell you the realistic market value of your home in the current climate, and they will be able to advise on simple, affordable improvements that would add significant value to your property, generate interest from more buyers, and maximise your home’s value. Then all that’s left to do if find your next dream home!
Clyde Property is a leading independent, multiple award winning estate and letting agent with 30 years’ experience in selling and letting property in Scotland. Just call your local Clyde Property branch today, for friendly, impartial advice on finding your next dream home.