When is the best time to sell a home? Many assume that is when you are in a position to do so, but there are certain times that could help your cause.
March Is Best Time To Sell A Home
According to studies done over the previous five years, March has consistently been the greatest month of the year to sell a house.
This time of year often sees the biggest volume of purchasers making inquiries about houses for sale on real estate websites. Compared to other months of the year, March has the highest number of buyers wishing to move. The level of buyer competition for the available homes is often at its highest.
The good news is that there are more homes available to purchasers in March than at the beginning of the year because there are often more homes for sale. Compared to previous year, more residences are being posted for sale this year.
Best Time To Sell A Home – Preparing For Summer
A lot of people are looking to buy a new house before summer officially begins, and they prioritise features like outdoor space and gardens.
Because more buyers are wanting to relocate and there is more competition for every available house, if you’re thinking of placing your home on the market this spring, it could mean you’ll have a better chance of selling, and sooner.
The research reveals that demand in March means sellers are most likely to be met with a possible buyer for their home, which is good news for any sellers who might be wary of entering the market at a time when there have historically been a lot of new listings.
Give Yourself An Advantage
There are several things you can do to prepare yourself if you’re seeking to buy, such as reviewing recently sold prices in the areas you’re looking at homes in, setting up property alerts, and securing a Mortgage in Principle. You may read our detailed instructions for purchasing a home here.
It’s likely that if you’re considering selling your house, you’ll also be seeking to purchase a new home. Check out our selling guide for tips on how to make your sale go as smoothly as possible.
Before beginning your property search, confirm that your home is on the market or, preferable, sold subject to contract, according to another piece of advice from estate agents. This is due to the fact that many property sellers will want to know if their buyers have already agreed to buy their properties. If you want to sell your house, you can schedule a market evaluation with a knowledgeable neighbourhood realtor.
Valuing A Property
Of course, the criteria listed below are the most evident and likely crucial ones:
Size of the area, local valuations and more
Then there are the elements that are particular to your house and circumstance; these are a little more complicated and nearly impossible to consider without seeing the property. The state of the house, any additions or modifications you’ve made, and the calibre of previous work are just a few examples.
Interior components, such as flooring, double glazing, insulation, finishing, etc also contribute to the valuation.
