Selling your home includes many factors - timing is key. The end of July and August are considered two of the worst months to sell, as many potential buyers are away on a well-earned summer break. This year we have had the General Election. We have also had the European Football finals which have been a distraction from house selling too.
If you have a family home, it may be true that August could be tricky as parents are busy entertaining children or taking holidays that are limited to school calendars.
Home-movers who sold in spring are now ready to start their home search
However, August may be one of the best months to sell! Many home movers who marketed their homes in spring may find they cannot attract and accept offers until summer, meaning they will be searching for homes in August. This is a great time to put an offer in on a property, particularly if you are part of a chain.
We often find that buyers are more motivated to purchase if they are looking outside the traditionally busy months.
Less saturated market in August
Yes, the market is slightly slower than other months, but it is also less saturated. This means there is less competition and fewer options for purchasers. With a smaller selection of homes to choose from buyers therefore are far more likely to find your home on https://www.rightmove.co.uk/ . It is also a much less hectic time to undertake viewings.
Beautiful photographs in August
Having beautiful photographs is key. Summer provides the best lighting for incredible photographs. Gardens are out in full bloom and viewings can be conducted late into the evenings.
In your new home by Christmas
Home-movers see Christmas as a deadline to have moved by. Marketing your home in August means you can potentially be in your new home, enjoying the festivities with family and friends.
Solicitors are less busy than in the Spring months, which means that because they have less cases to work on there is more time to spend on yours. Likewise with removal companies which mean that when you come to complete on the sale of your property you are more likely to get the date you want to move.
Although the market may be a little slower in August, there are certainly some great reasons why it may be one of the best months of the year in which to market your home.
If you are considering moving, choose an Estate Agent selling homes in North Leeds. David Phillip FRICS can provide you with a free market appraisal. Please call 0113 4676400. https://davidphillip.co.uk/valuations/
David Phillip Estate Agents, 86, Leeds Road, Bramhope, Leeds w:davidphillip.co.uk Covering North Leeds, Bramhope, Adel, Cookridge, Horsforth, Pool-in-Wharfedale.