If you've got the luxury of being able to wait around for the price you're hoping for, then great. It makes things a little bit easier for you. But what if you need to move quickly for a new job or a bigger house for a growing family? Well, then you might want to know what the best months are for selling your house and when you're more likely to get the best price fast.
So, we need to consider this logically and in terms of human behaviour. You want to sell your house when there are a lot of buyers competing with each other. Spring is always a good time to sell. Couples with children want to get into their new home before the new school year starts in September. And if this is your demographic, you need to think about putting your house up for sale in February- April at the very very latest.
If you're holding off a bit, don't fear. October and November could be your time to sell to buyers who want the sale to go through before Christmas. It's a shorter window than the Spring season. But leave it much longer than this and you'll find that your buyers are in a stronger position than you as the market slows down and their competition dies down.
At the end of the day, whenever you sell your house, it's how motivated you are (and enthusiastic your estate agent is) that will decide how fast it will sell and for what price. This is just a guide to help you along with your planning. Happy selling!
Monday, 25 January 2010
Is now the best time to sell your house?
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