Tue 11 Nov 2014
Property Matters: This year – don’t wait till Spring!
As the Christmas holiday season is almost upon us, many people will start to think about the prospect of moving house early next year. However, as the evenings will still be dark, and the garden remains rather sad, there is usually the feeling that it would probably be best to wait until the spring before putting your property on the market. After all, spring is traditionally associated with a time of change and its associated effect on the property market.
However, we would urge some caution on this perspective. Firstly, serious buyers do not give up over the Christmas and New Year period, and can even become frustrated by lack of choice as properties are withdrawn from the market in the mistaken belief that nobody will be looking at this time of year. You can take advantage of this temporary imbalance of supply and demand by being one of the properties that is actually new on the market! While viewing activity may be slightly less frenetic, you can be assured that every viewing will count, as you will only be dealing with serious buyers.
Many sellers will inevitably wait until the spring before putting their property on the market – which could flood the market and potentially thwart prices. However, last year’s backlog of frustrated buyers are already looking today.
So if you are contemplating a sale this year, we suggest you take advantage of the situation, be strategic, and position your property for an early sale at a time when demand is likely to outstrip supply.
David Maslen Estate Agents, 290 Ditchling Road, Brighton, BN1 6JF
01273 566777, www.maslen.co.uk