January and February are popular months for buyers looking for property, so now is a great time to get your home on the market with Cumberland Estate Agents.
When is the best time to sell my home?
There are all sorts of myths about the best time of year to sell your property, but the market is a lot less seasonal than you may think. There isn’t a ‘right’ or a ‘wrong’ time to put your house on the market, but you could gain an advantage by instructing your agent before Spring.
Fay Langley and Lynne Lancaster (pictured right) manage Cumberland Estate Agents’ team of negotiators. Between them they have nearly 40 years’ experience in the property industry and have seen sellers benefit from the winter market. “Traditionally Spring was always ‘the time to sell’,” explains Lynne. “As the winter weather fades and the days grow longer, our gardens begin to bloom and we start anticipating the coming summer months. Although sunshine and flowers can certainly help a property’s appearance, that time of year also brings an awful lot of sellers to the market, which gives those looking to buy a lot of choice.”
“However, we’re finding that buyers now look for property much earlier than they used to. At the start of last year we saw the market pick up very quickly after New Year, and this was evidenced by Rightmove and Zoopla, both of which reported huge increases in property searches at the beginning of 2015. We expect 2016 will be the same.”
The new Winter market has grown due to a variety of factors. New technology means you can search for your dream property from the comfort of your own home, and the long summer holidays and extended pre-Christmas run-up means autumn isn’t the hotbed of activity it once was. Furthermore, over Christmas, potential buyers and sellers have an opportunity to look forward and make their plans for the year, and as soon as the festive season ends they are keen to get started.
“Motivated sellers will benefit from getting to the market early and this time of year certainly isn’t too soon. Christmas is over and eager buyers who may have struggled to find a property last year are actively looking,” says Fay.
“Sorting out your house move before the Spring can also take a certain amount of stress out of the rest of the year. For example, starting children in new schools or getting moved before the summer holidays. If you agree a sale earlier, we generally find that longer completion dates are much easier to negotiate.”
If you are thinking of selling in 2016, Cumberland Estate Agents offer an unrivalled service and extremely competitive fees. Call 01228 403222 today to arrange a free market appraisal and one of our professional valuers will visit you at your property whichever day of the week suits you, up to 8pm on weekdays and 4pm on Saturdays and Sundays.