Are you considering selling your home this year? If so, you may be curious about when you should put your home on the market for the best results. According to Rightmove, March is the best time of the year to sell your property.
Property expert Thomas Goodman at MyJobQuote.co.uk has created this guide explaining why March is the best time to sell your home.
Why Is March the Best Time to Sell Your Home?
According to research by Rightmove, the number of buyers enquiring about homes for sale is usually the highest this month. More buyers are looking to move home in March than any other month of the year. Competition between buyers looking for homes is at its peak at this time.
On the flip side, buyers have more homes to choose from in March compared to other times of the year, as the number of properties for sale tends to be at its highest. Also, since the pandemic, more and more homes are being listed for sale each year.
Many people searching for new homes are keen to move into a new place before the beginning of summer. At this time, homeowners are particularly interested in homes with gardens and a decent-looking outdoor space.
So, if you’re considering selling your home this year, it’s a good idea the think about starting the process now. You may have a better chance of selling it and you may find that it sells particularly quickly.
If you can spruce up your outdoor space before listing your home for sale, this could also contribute to selling your home quicker, as buyers will be excited at the idea of being able to enjoy the garden in the summer.
Property expert Time Bannister at Rightmove explains, “For any sellers who might be conscious of coming to market at a time when the number of new listings has traditionally been high, the data shows us that demand in March means sellers are most likely to be met with a potential buyer for their home.”
Things You Need to Prepare When Selling Your Home
While selling your home, you’ll also need to be prepared and in a position to buy a new property once you’ve found the right one for you. There are several things you can do to ensure you’re prepared, such as setting up property alerts, checking recent sold prices in the areas you’re looking to move to, and obtaining a Mortgage in Principle.
Estate agents tend to advise people to search for new homes once their current home has been sold, subject to contract, as many sellers want to know that their buyers have sales in place already on their home. However, there is no harm in doing a bit of research beforehand, and if you happen to find ‘the one’ before your home is sold, you can still go ahead with an offer. The good thing is, this time of the year is the best time for selling homes, so there’s a good chance you can get a quick sale at this time so that you can smoothly get your dream home.
