It’s often due to lifestyle changes that people want to sell their home but working out the best time and method of selling a home can be daunting. Whether you’re needing more space, need to
relocate due to a job change or prefer a certain area, there are many things to think about when selling your home. The property market has become so unpredictable that it may be extremely worthwhile to sell in the current situation, even if it means breaking even for more space or a better location.
If property prices are low, then you may sell your home for less than you anticipated but may also be paying less for your new home. The property market is particularly relevant to sellers right now as inventory is low and demand is high. There is opportunity to profit from your house sale as chartered surveyors are reporting price rises hitting an all-time high.
As the property market is becoming more and more unpredictable, it is difficult to determine the best way to go about selling your home. It is important to look at the bigger picture when it comes to selling your property. With interest rates dropping and the conditions of the property market strengthening over periods of time, you may not gain the same profits in 5 years’ time. In terms of times of the year, the decision to sell your property should be based on factors considering the geographical area. Houses in certain areas have different selling rates which fluctuate over times of the year. For example, houses in Cambridge are becoming fast selling opportunities and areas such as Brighton have seen a surge in house pricing over the past decade.
The real estate market generally reflects the economy of an area therefore it is important to know what is happening in the property market. Many sellers are opting to sell to cash buyers to avoid estate agent fees and obligation ties. After figuring out your loan payoff amounts and calculating your sales proceeds, you want to obtain the best possible price for your home. Many sellers opt to put their properties on the market during spring but with quick buy cash sales, it doesn’t matter what time of the year you sell. Cash buyers could potentially bring you the best value for your home if you’re looking to sell in the current market. It also means that you don’t have to worry about selling your home to buyers who have high expectations of your home’s condition.
As the property market is declining and supply is becoming larger than demand, selling your home to potential buyers can be difficult. Cash buyers such as Quick Move Now and government initiatives have meant that more people are in a better position than ever to sell their property.
Sally Lowri from Bristol tells us about her recent quick sale with QuickMoveNow.com:
I needed to sell my home fast to move on from a divorce and I was pleasantly surprised at how easy it was to sell to a cash buyer. The whole process was made so much less stressful than the times that I have used estate agents and I realised the cash value of my home in the current financial property climate. Instead of lowering the price of our home to entice buyers, I was able to sell my home for a fantastic price and move to an ideal location for me. I would advise sellers to hurry along if they are thinking of selling their property as now is the time to do so.