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Today is the Best Day to Sell Your Home
This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
Today, 2nd September, has been identified as the best day to sell your home, according to new research by online estate agent eMoov.
The firm has acknowledged five reasons why the start of September is the best time to put a property on the market.
Founder and CEO of eMoov, Russell Quirk, states: “Listing your property for sale on the 2nd September is certainly going to aid the sale of your home. September is the second busiest month for buyer activity on Rightmove and Zoopla.”
- Prices start dropping from November
Google search trends found that traffic on Rightmove and Zoopla can drop by as much as 30% from November. This means that listing your home now gives a two-month window in which to sell.
- The Christmas countdown
The countdown to Christmas is not only exciting for children, but 12% of the nation believes the festive season aids a sale. People are determined to move before Christmas, so the process is kick-started around this time of year.
- School catchment areas
School admission deadlines also cause a boom in house sales. Many admission deadlines are in February, so moving before this can improve parents’ chances of getting their children into the best school.
- Weather
eMoov reveals that 43% of people believe selling their home in the summer gives them a boost and 17% agree that it is more difficult to sell in winter. The weather should be bright enough in September to capture good pictures of the home before it’s listed.
- Higher prices
Quirk explains: “Selling in September could also result in a higher price achieved. Our latest Property Hotspots Index shows that demand for property across the nation has risen by 9% since the start of the year. It’s when demand starts to outstrip supply that we see house prices start to climb.”1