Page 32 - March 2023
P. 32

PROPERTY ADVICE

                         in spring                                                                   months so it’s a good time to sell your property.
                     A guide to selling a property                                                   There are traditionally more buyers in the spring









                                                                                                    ith everyone coming out of winter   indications that the predicted recession is going
                                                                                                    hibernation, the spring market tends   to be less severe than anticipated, and the
               Spring is known as the best time to sell a home with plenty of               Wto be the busiest with lighter nights   market returning to pre-pandemic levels which
                                                                                            meaning more viewing hours and gardens   should result in a  more  balanced market  for
               buyers hunting for the right property. Here are our top tips on              coming back to life.                 buyers and sellers alike.
                             how to have a successful sale.
                                                                                            High level of demand                 Having a buyer for your own property puts
                                                                                            There are traditionally more buyers in the   you in a powerful position when it comes to
                                                                                            spring months so it’s a good time to sell your   buying a house compared to buyers who have
                                                                                            property. If you leave it until summer, it could   yet to sell.
                                                                                            mean that you miss out on buyers.

                                                                                            While there are more properties on the market
                                                                                            in spring, meaning more competition, you will
                                                                                            have a larger pool of buyers attending viewings.

                                                                                            Quick sales
                                                                                            Few buyers will want to spend their summer
                                                                                            looking for a new home so they will likely want
                                                                                            to make an offer and close the sale quickly.

                                                                                            Families in particular tend to look for a home
                                                                                            during this time as the tail-end of spring and
                                                                                            the beginning of the summer months are a
                                                                                            convenient  time  to  move  with  school-age
                                                                                            children.

                                                                                            First-time buyers usually spend Christmas with
                                                                                            their families and then start their property   It’s  the ideal  time  for  home
                                                                                            search in the new year, putting spring sellers in   improvements
                                                                                            prime position to appeal to this demographic.
                                                                                                                                     If you want to paint your property
                                                                                                                                     or carry out DIY tasks before
                                                                                            What will the spring market be like this   putting your home on the market,
                                                                                            year?                                    the spring months are the perfect
                                                                                            There are signs the spring market is expected   time to do it with lighter nights and
                                                                                            to be busy this year, especially due to clear   Easter holidays.


   32  |  espc.com                                                Credit: Wayfair                                                                             espc.com  |  33
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