NAEA: No longer disadvantages to selling property in winter
Winter has traditionally been a tricky time to sell a property due to the seasonal slowdown, but the current housing market climate has turned this on its head.
According to the National Association of Estate Agents (NAEA), the winter sees less competition for both sellers and buyers, meaning people are more focused in their search and are more likely committed to pushing their sale through.
“In the current economic climate, the number of homes available for purchase and the number of sales agreed remains fairly constant throughout the year – even during the winter months,” added Wendy Evans Scott, president of NAEA.
The organisation also offered advice for those looking to sell their property during the winter months, including running well advertised open house events.
Properties should be well heated and well lit to lure in buyers from the cold. The rule that first impressions count still applies no matter the time of year.
Miles Shipside, commercial director at Rightmove.co.uk, also recently said buyers were looking harder for their ideal property, citing the site’s 20 per cent year-on-year increase in page views as evidence.
Discount Landlord offers fast and competitive homeowner insurance quotes. See what you could save.