The housing market continues to benefit from the Government’s stamp duty holiday, with residential transactions returning to pre-COVID-19 levels in September, however, all the indications are that property transactions are set to rise ‘between now and the end of March’Ensure a quick sale on your property
If you are looking to sell your home and move somewhere new in time to take advantage of the Stamp duty holiday which ends on March 31st there are things you can do to ensure you meet the deadline comfortably for a move in early Spring.
– Price your property realistically but competitively, some Agents may recommend you hike up the price of your property at this time, but this only means that the property may hang around on the market which buyers will notice – they also notice if a property has to be reduced! – this can have a negative effect on the sale and may result in missing the stamp duty deadline.
– Put that extra effort into the presentation to ensure your house is picture-perfect when you come to sell – that first impression is the most important and ensure that you use an Agent with a professional photographer, photographic enhancement service (this is really important when the weather isn’t too good), we like to use a dawn to dusk service too, this really can enhance the photos you use
– When it’s dark, people can’t always see the size of the gardens, so check if your Agent uses site maps too as well as floor plans. Hi-viz (fluorescent) for sale boards are a must so that the property can be noticed on darker nights! – take a look at our Boards around Bramhope in the dark.
– 3D virtual tours are key for that all-important first viewing, especially during Covid-19, this ensures your property is always a 24/7 open house – you can then arrange a physical (or second) viewing if the buyer is keen.
– Use an Agent with 5-star reviews – 84% of internet users said they read reviews before deciding which company to do business with – All Agents is the largest Review site for lettings and Estate Agents – have a read of our ‘across the board’ 5-star reviews.
– It is key that you reach the biggest audience possible, so ensure your Estate Agent uses all the key property portals – Rightmove, On the Market, Zoopla, Prime Location and Country Life online. At David Phillip Estate Agents, we use Featured Properties on Rightmove – this ensures a property is listed at the top of Rightmove and therefore receives more viewings and the chance of a quicker sale.
– It is also important that you Agent has a fresh and relevant database of people wanting to buy in the area.
Creskeld Lane sold and completed in just over 2 months
At David Phillip Estate Agents we recently listed a property on Creskeld Lane – the property was instructed on July 10th, was marketed effectively, reached the greatest audience and therefore sold quickly, it completed on September 30th – just over 2 months!
A property listed on Long Meadows was listed on a Monday and had two offers by the Friday – we are now moving quickly to completion.
David Phillip said “when we look at recent property data it is clear that the upward change in the market wasn’t just hyperbole, so it is quite possible that we will see an even more significant increase on completions every month between now and the end of March”
So if you are looking to sell your property quickly to take advantage of the stamp duty holiday, use an Agent who will help you sell quicker. For a free market appraisal call 01134 676 400 (ask about the fairer fixed fees to save you money and give you choice too).
David Phillip Estate Agents, 86, Leeds road, Bramhope, Leeds. W: davidphillip.co.uk
