Posted on: Thursday, July 11, 2024
Selling property in the summer season will always remain a smart move, as the warm season offers several advantages that can help you secure a great sale.
When selling your home, timing isn't always an important factor, as you ideally want to move when the time is right for you, but if you're looking to maximise your property's return on investment, you should time the market right. We discuss several reasons why summer is an incredible time to sell your home.
When choosing the right time to sell your home, the market's performance is a major factor to consider. Year after year, a surge of buyer activity always appears in the summer, making it an excellent time to put your property on the market. Summer typically sees an increase in potential buyers with families, as they plan to move while the children are on their summer holidays.
The weather in summer in the UK creates the best conditions to showcase the outside of your property. This allows you to make your garden a key selling point, so take advantage of the shining sun that will highlight amazing features of your home, ensuring you keep your garden well-manicured and your outdoor area inviting. By showcasing your outdoor area and boosting your kerb appeal, you are most likely to attract more interest, which could lead to higher value offers.
The summer season creates the perfect weather to move, allowing you to skip the rain and potential delays caused by bad weather. Packing, transporting, and unpacking your belongings in your new home will never be as simple as in the sunshine.
Property prices tend to increase slightly in the summer due to increased market competition. If you want to maximise your property's return on investment, summer is the best time to sell your home. The increased demand during the summer leads to more competitive prices as the urgency to move before the summer season is over is real, leading to more favourable offers.
An increase in sales and activity in the property market will enable a local expert agent to provide you and your property with more competitive pricing. A greater number of property sales will enable a more accurate valuation of your home, as there is a larger margin for comparison.
Start your summer selling journey by contacting your local Guild Member today.
We are required by law to conduct anti-money laundering checks on all those selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy. The cost of these checks is £60 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable. We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.