When considering the best time to sell your home, many factors come into play. For homeowners in the UK, summer often stands out as a prime season. However, is it truly the optimal time to put your house on the market? In this article, we will explore the advantages and disadvantages of selling your home during the summer months, helping you make an informed decision.
The Pros of Selling in Summer
Increased Buyer Activity
Summer typically sees an uptick in buyer activity. Families with school-aged children often prefer to move during the summer holidays to avoid disrupting their children’s education. Additionally, the longer daylight hours and generally better weather encourage potential buyers to attend viewings. This increase in buyer activity can lead to more offers and potentially higher selling prices.
Enhanced Curb Appeal
The summer months can showcase your home’s exterior at its best. Gardens are in full bloom, lawns are lush and green and natural light floods into homes, creating a welcoming and vibrant atmosphere. A well-maintained garden and attractive outdoor spaces can significantly boost your home’s curb appeal, making a strong first impression on potential buyers.
Faster Sales Process
With the market buzzing with activity, the sales process can often be quicker in summer. Buyers who are keen to move before the new school year begins may push for a faster completion, leading to quicker transactions. Estate agents and solicitors may also have more availability to handle the increased volume of transactions efficiently.
The Cons of Selling in Summer
Increased Competition
While more buyers are looking, there are also more properties on the market during the summer. This increased competition can make it more challenging for your home to stand out. To attract potential buyers, you may need to invest in marketing strategies or consider competitive pricing to ensure your property gets noticed.
Holiday Distractions
Summer is a popular time for holidays. Many potential buyers might be away, reducing the pool of available viewers. This can slow down the sales process and extend the time your property remains on the market. Additionally, if you’re planning a holiday yourself, coordinating viewings and managing the sales process can become more complicated.
Weather-Related Issues
While summer generally brings pleasant weather, heatwaves can sometimes deter buyers from venturing out for viewings. Unexpected rainstorms can negatively impact the appearance of your garden or outdoor spaces on viewing days. It’s essential to be prepared for these weather-related challenges and have contingencies in place.
Preparing Your Home for a Summer Sale
Capitalise on Natural Light
Maximise the natural light in your home by keeping windows clean and curtains or blinds open during viewings. Consider using mirrors strategically to reflect light and create a brighter, more spacious feel.
Showcase Outdoor Spaces
Ensure your garden is well-maintained, with trimmed lawns, pruned plants and colourful flowers. Outdoor seating areas should be clean and inviting, encouraging buyers to envision themselves enjoying the space. If you have a patio or deck, consider staging it with outdoor furniture and decor to highlight its potential.
Manage Viewings Effectively
Given the potential for buyers to be on holiday, it’s crucial to manage viewings effectively. Work with your estate agent to schedule viewings at times that maximise exposure. If you’re away, ensure your estate agent has access to your home and can handle viewings in your absence.
Making the Decision
Deciding whether to sell your home in the summer involves weighing the pros and cons. Increased buyer activity and enhanced curb appeal are significant advantages, while increased competition and holiday distractions are notable drawbacks. By preparing your home effectively and working closely with your estate agent, you can navigate these challenges and maximise your chances of a successful sale. If you’re considering selling your home this summer, now is the perfect time to get started. At Newton Fallowell, our experienced team is here to guide you through the process, from initial valuation to final sale. Contact us today to schedule a consultation and take the first step towards a successful summer sale.