5 tips for knowing when is a good time to sell.

So, you’re thinking about selling your home?  How do you know when is the right time?

People and circumstances vary hugely, so I’m going to assume for these 5 tips that as a seller you wish to get a strong price, without a linked purchase and you wish to sell fairly quickly.  Selling quickly generally means selling for strong money in a sellers market.

  1. There are few similar properties on the market.  Less competition = a stronger price.
  2. Money is cheap.  Lower mortgage repayments encourage more buyers which in turn will drive the price.
  3. Positive news in the media always helps.  I wish it didn’t affect the general public so much, but it does.
  4. If you have a family home in a good school catchment, the earlier the better in the year.  Buyers are thinking about that school in January.
  5. You’re 80% ready to sell.  Selling is tough and an easy thing to put off.  That last 20%, in my experience only comes when you start the process.  Then the excitement tends to take you forward.