Posted: 9th February 2024
WHEN IS THE BEST TIME TO PUT MY HOUSE ON THE MARKET?
There is a dance we do when it comes to buying and selling a property! In most cases, you’ll want to sell your property first and then buy another property second because this means having a greater deposit to work with and enough funds to cover all your moving costs. If you sell at the right time, then you can potentially sell your house fast and for the asking price or, if you can start a bidding war between multiple interested parties, in some cases, greater than the asking price.
Seasonal Selling: Housing Market and Selling Expectations
Spring is a great time to sell and traditionally is the season when lots of properties come to market. Potential buyers are not away enjoying their summer holidays, there is that feeling of warmth and renewal in the air, and in general, many people want to move during this season simply because it means they can settle into their new home during the warmer, more pleasant months of the year.
Summer Summer has windows of opportunity for selling your home but it’s important to understand that this is also a time when families will be preoccupied either with taking care of their children who are off from school, or away on holiday. That said, many people do have extra time in the summer due to taking time off work and may potentially fit viewing houses into their schedules.
Autumn Like Spring, Autumn is another traditionally great time to sell. Try to get your property up and ready - clean it, declutter it and stage it - before the summer ends. This way, you can get it on the market by late August ready to woo those fresh September buyers!
Winter is busy with preparations for Christmas, which means that after December 1st you may see buyer activity slowing down. Come January though, the market usually picks up again ready for that all important leap back into Spring!
Other Considerations When Putting Your Home on the Market It’s not only the season that can make a difference to the best time to put your home on the market. These other factors also play a part:
Planning Works Nearby If there are big road works or building works going on outside your property, you might want to wait until these are completed. Objectively, it should only improve the value of your home, so it may be worth holding off! Conversely, you could also use planning works in progress to boost the value of your home whilst it's on the market. For example, if new transport links are being built nearby this could attract more buyers to your property. Be aware of what is being done near you so that you know whether to wait or whether you can use it to boost value.
The Housing Market In some cases, the housing market will be booming, and the value of properties will be so high you will want to ensure you take advantage of this and get a sale as fast as you can. In this case, it is best to hire professionals to come in and deep clean and stage your home so you can sell it fast, whilst the market is hot.
The Economy A recession or political uncertainty is always going to have an impact when selling your home, but you do have other options whilst you wait for the ideal time to put your house on the market. If your mortgage is entirely paid up, you could rent your property out until the best time to sell. This way you can also benefit from an income. If you want to rent out your home but still have a mortgage, then you will need to speak with your lender to get the necessary permissions and switch to a buy to let mortgage.
Be Prepared in Advance No Matter What Of course, you want to sell, above all else, so whatever the season, it’s important to be ready. This means having your finances in order, getting your home in order, decorating and making minor improvements and repairs, and ensuring your property looks its absolute best and so attracts views. A house that is ready to be sold is far more attractive to buyers than one that is not!
If you are considering putting your house on the market, talk to us at Scoffield Stone on 01283 777100 for the best possible advice.
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Scoffield Stone are really great. I've known Paul Morris (Director) for 5 years, a man of great integrity & character.They thrive by reputation. Extremely knowledgeable, knows his selling...
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This is my second review. Having let our apartment through Scoffield Stone and received excellent service (see my first review) they were the natural choice when we chose to sell. Once...
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We would highly recommend Scoffield Stone Estate Agents, Hilton, Derbyshire if you are thinking of selling your home. We recently, marketed and SSTC our home with them and received at all times...
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We had the best experience with Liz as our estate agent! She was not only super helpful and friendly, but she treated us like real people, not just another potential tenant. Liz went the extra...
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I would strongly recommend Scoffield Stone to handle the sale of a property. The service and supporting information given from the outset was superb. The presentation for the sale of...
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We have been dealing with Scoffield Stone over the last 12 months and they were excellent. Very kind, considerate and helpful. - David Richardson
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I rented a beautiful apartment in Mickleover through Schoffield Stone for the past three and a half years before moving onto the housing ladder. During this time I have found SS be friendly,...
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Friendly, efficient and very willing to spend time helping us through our first time of letting out our property. Thanks Natalie and Sally for very prompt replies even out of hours. L...
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“Excellent service. Continued to keep us up to date every step of the way through the sale. Would recommend this agent.” Sally Chadwick
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Absolutely fantastic
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Really great agents
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Friendly team, quick to respond to queries and usually available on the phone. Turned around details quickly to get onto the market. Great website for tracking status updates. Sarah Millican
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Top drawer
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From valuation to sale completion Paul and his team were extremely professional. They kept me updated throughout the sale progression. I wouldn’t hesitate in using their services again or...
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Just sold our home using Scofield Stone and would highly recommend them to anyone who is selling, the staff were always on the ball and responded to queries very quickly with very little fuss!...
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I would highly recommend Scoffield Stone 100%!! They are knowledgeable, proficient and kept me sane throughout the whole process of selling my home. From start to finish, they promptly dealt with...
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Lovely, friendly staff S Hanley
Lovely, friendly staff
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The team at Scoffield’s went above & beyond with repeated efforts to facilitate the sale of our home during a difficult period due to Covid & not the most straight forward of sales...
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I was really impressed when I found Scoffield Stone did the homework like property history, valuation of other houses in the area when he came to value our property. It was...
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I recently sold my property through Scoffield Stone, throughout the process they were very efficient, multiple viewings and an offer within the first week. Paul and the Hilton team...
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Can’t thank Paul and his team especially Claire for all their hard work with my house sale. It’s been a long process and they have kept me up to date every step of the way - highly...
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Always a friendly and professional service from Paul and his team, I've received good advice and help over many years. Would recommend as agents for landlords. Anonymous
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They're a friendly team. Always try to help and are very flexible. They were willing to come up with helpful solutions in the difficult situations covid posed to us living far from the house we...
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Perfect estate agent went round a property. They were professional wore masks and sanitise and cleaned the areas when we entered and left . Cam
Perfect estate agent
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Excellent supportive handling of the very quick sale of our property with great sales details J Pattison
Supportive handling
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I must say I’m really impressed with your service. I’m so used to people saying they’re going to phone me back and never do, or not staying true to their word. I think the...
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A big thank you to Victoria,Claire,Alex and Paul we have dealt twice with Scoffieldstone both buying and selling and they have been so helpful nothing too much trouble from photos...
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We are very glad we chose Scoffield Stone to look after the sale of our property. They made a really good job of photographing and promoting our property and taking care of the viewings for us....
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Harriet, Morgan an Me are so happy in this house it’s so nice everything is perfect. One of my friends told me about Scoffield Stone an she was right, from the start to the finish you...
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Amazing
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Breath of fresh air
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Great service
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Excellent service
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Great experience
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" We were very pleased with the service we received from Scoffield Stone while selling our property. They dealt with all the viewings themselves and gave regular feedback to us. Even when the...
Definitely recommend
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Trying circumstances
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