Properties in the UK are always in the limelight and keep changing to several hands regularly. A house sale depends on several factors like weather, season, demand, property size, location, and the list never ends here. The market keeps fluctuating and would take sides of either the buyer or the seller at a time. Before the sellers fall into the dilemma of how much is my property worth, they can compare the households in the neighbourhood and then quote a price. Buying and selling homes in the UK happen forever- at any time of the year at random. However, to benefit from maximum profits as a seller, they shall follow a strategic approach when uploading their property details on web listings or elsewhere.
- SPRING BREAK
Out of all the seasons and times of the year, spring has proven to be the most active among buyers who lurk in the neighbourhoods, inspecting homes and making their best buys. The main reason to choose the spring season is that buyers shall remain free from holiday breaks and other pressing matters. Homes with gardens and yards would look appealing with the fresh blooms and grasses that attract the ideal audience- families and young professionals. Compared to other seasons of the year, spring has the highest number of property sales. This period begins in March and lasts up to the end of June.
- FAVOURABLE MARKET CONDITIONS
Anything that favours the property buyers would make it easier to sell in the property market. People rely entirely on mortgage loans to purchase a home in the UK. With the economic conditions and frequent demand for investing in the real estate business, these rates keep changing. When the mortgage rates or the interest range reaches record lows, the long-awaited buyers rush themselves into buying a house available for sale then. Sellers can keep track of this information by the means of Battersea Estate Agents and apply all the favourable strategies at the right time.
- DURING SUPPLY CRUNCH
The property market in the UK has seldom remained stable and balanced in all aspects. The equilibrium between the demand for households from buyers and the availability of housing units for sale has always been a wobbling factor. Property sales are at skyrocketing levels when there is not enough stock in the housing inventory. This is popularly known as the seller’s market where the demand overrides the supply. Multiple people make better and higher offers on a single property unlike the usual way of haggling. Homes get sold quickly in this phase and favour the seller to a great extent.
BASED ON THE PROPERTY TYPES
Despite the calculative and marketing tactics used in selling a house, the speed of sale also depends on the type of property that enters the online listings or through Clapham Estate Agents. Apartments with a single or a double bedroom tend to get sold at the start of the year where students and young professionals would move out to start afresh. These types are also popular during the beginning phase of autumn when buyers plan to move in before Christmas or the New year. Likewise, family homes have a high potential to get sold quickly during the spring or wait till the end of term.
WHEN THE SELLER IS READY
Everything might seem to fall into places like the right season, time, demand and more. But, if the seller does not feel prepared enough to handle a property transaction, they can take their time and back off from the process temporarily. Ensuring that the house to be sold is in its best condition and getting the paperwork ready will make the seller feel confident enough to step into the sale. Besides these factors, considering the personal points like major lifestyle changes of the seller, being emotionally ready to give up on the place, etc., they can hold back and resume their sale whenever they feel entirely ready.
THE BEST DAY AND TIME THAT WORKS WONDERS
Every property listing works differently based on the location, people’s requirements and the current demand for new and pre-owned homes. However, posting on a particular day when the web traffic is high, and people dive into the listings to pick the perfect home has proven successful over the years. Tuesday through Thursday are the best days to have the properties listed on websites and social media when customer engagement and searches are at their peak. The time range can be from 4 PM to 9 PM to reach the maximum audience.