Taking a break this summer doesn’t mean your sale has to, says Connells
23 July 2018
Providing guidance to sellers this summer
The summer period can often leave sellers with a difficult decision to consider – should they put their sale on hold until after the holiday season and potentially risk losing a buyer? This can either be due to going away themselves or because, with many taking their annual breaks, there may potentially be less buyers around. However, Connells data shows that demand is still outstripping supply, with many serious buyers looking to purchase in the summer months.
“Many people believe that with school out and people going away on holiday that summer is a quiet time of year for the market, but this simply isn’t the case,” says David Plumtree, Group Estate Agency Chief Executive of Connells. “Contrary to popular opinion, summer is as good a time as any to sell a property. There is still a significant imbalance between the number of people looking to buy and properties for sale. Indeed, we’re currently seeing eight buyers competing for every new home coming onto the market*, so we don’t expect to see a slowdown in activity anytime soon.
“We recognise that there are seasonal trends and work harder than ever to secure the best possible sale during these times so that you can relax,” continues David. “Provided we are fully aware of your holiday plans, how best to contact you and can gain access, we would advise sellers to keep their property on the market so as not to miss out. Even if you can’t be contacted whilst you’re away, you can still leave instructions in writing with your estate agent and legal representatives about your preferences and what offer may be acceptable. House sales don’t take a break, and neither do we!”
If you are interested in selling your home and would like to book a free market appraisal with Connells please contact your local branch.
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Source: Connells date June 2018: Applicant numbers vs new instructions