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Why is it a good time to sell right now?

The most common reasons why people decide to sell their homes include changes to their financial status, change of employment, a growing family or retirement. Today's low interest rates also make this the ideal time to 'move up' to a larger home.

Whatever your reason, selling a house can be a complicated procedure so it's imperative that you instruct an experienced Estate Agent, with excellent local knowledge, a positive attitude, and most important of all, staff that are willing and able to provide you with the highest standards of service, all of which Brown and Brooke are proud to say we offer.

The property market is the subject to the law of supply and demand which creates cycles in the market. A shortage of homes generally means a price rise. This cycle is commonly known as a 'sellers market'. Alternately, a surplus of homes can result in a slow down or even reduction in prices and is often referred to as a 'buyers market'. Fortunately we are in an area that is very desirable for a number of reasons, excellent transport links into London and Docklands, beautiful open spaces and vibrant restaurants and bars to name just a few things that attract people to buy here.

We currently appear to be in a 'sellers market' which will give you the best chance of selling quickly and achieving the highest possible price, it is also possible we will have healthy competition for your property sometimes resulting in multiple offers. It is important however that you are priced correctly for the market as it is a fine balance between getting you the best price and generating interest on the property. Market for too much and people simply just won't come to view.

The last thing to consider is the seasonality, as the weather can affect buyer demand. For example, fewer buyers may be out looking during the cold and snowy months, but as a seller you will be competing with fewer homes on the market. Spring tends to be a popular time for marketing your property due to the gardens starting to look nice again and maybe a little more sunshine.

Buyers of school aged children sometimes like to purchase in the spring so they can move in over the summer months. Having said all this, homes sell throughout the year so think of the season as only one factor when deciding to sell your home.

Whenever you decide to sell, Brown and Brooke would be delighted to be given the opportunity to help you to find the best buyer, at the best price, and make the experience a pleasurable one. Please do not hesitate to contact us for a free no obligation market appraisal and we will be happy to talk to you in more detail about why you should choose us to sell your home.

Published on 07 December 2012

Written by Brown & Brooke

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