Are you looking to sell your high value home? If so, is there any better time than autumn? The cooler temperatures and vibrant-coloured leaves can make homes look cosier and inviting. Meanwhile, the draw of being able to move in by Christmas might help to motivate potential buyers.
But selling in autumn isn’t without its challenges. From shorter daylight hours limiting viewing times, to unpredictable weather deterring potential buyers from viewings, gloomy skies, and fallen leaves reducing curb appeal, there are certain things you need to keep in mind to ensure that your high value home reaches its full selling potential.
Is autumn a good time to sell a home?
Autumn can be a very good time of year to sell your home. With the summer holidays over and children back to school, buyers could have more time and motivation for viewings.
This time of year can also attract buyers who want to get things wrapped up quickly so they can move into their new home by Christmas. While sellers typically flood the market during the spring, autumn tends to see fewer properties for sale. With less competition, your property has a better chance of being noticed and It can also be a great time to show off your home’s best qualities. The weather can still be mild, which can help your home look its best.
The best time to sell your home typically depends on the local area and the current market conditions. Therefore, you should always get advice from a local real estate agent on the right time to put your home on the market.
7 Tips for selling your home in autumn
Choosing to sell your home in autumn can be a smart move. However, you still need to make sure your home is in the best possible shape to attract serious buyers. Here are our top seven tips to help you make the most of the autumn market and sell your home quickly.
1. Make sure that it’s got curb appeal
2. Clean out that garden
3. Showcase your property with light
4. Have a deep clean
5. Opt for autumnal decor and scents
6. Ventilate the house
7. Turn the heating on for a cosy feel
Remember, first impressions count!
Regardless of the time of year, remember that first impressions make a huge difference when selling a home. When your property is in top condition, you have a better chance of attracting potential buyers and making a lasting impact on them during viewings.
However, it also presents certain challenges, such as shorter daylight hours, unpredictable weather, and the need to showcase a warm and cosy home. Stay on top of maintenance at the front of your home, maximising light, and using just enough heating to create a warm and inviting atmosphere.
Once you’ve secured a buyer and are looking for your own perfect property, securing the right home insurance should be at the top of your to-do list. For high-value homes, Stanhope’s high-value home insurance provides comprehensive coverage tailored to your needs.
We offer unique and tailored insurance solutions for valuable assets and luxury properties. So, whatever the future holds, you’ll have peace of mind that you’re covered.
Claire Reynolds, Managing Director Sotheby’s International Realty
Q&A
When your clients view properties, what do you think is the biggest draw for them?
The decision making process is multifaceted, and varies according to reason for purchasing – whether main residence, second home, buying for children or for investment. Calibre of location remains the single most important factor, as it underpins the investment value. Other elements will be weighted according to personal circumstances, such as budget, lifestyle and timing.
Do you have an increase in enquiries or listings during autumn and winter?
The busiest seasons of the year are spring and autumn, so yes there is definitely an increase in listings at this time, which in turn generates an increase in enquiries. School holidays and global international travel patterns have a knock on effect on the seasonality of the market, particularly in Prime Central London where 70% of buyers are international.
Is autumn a busier time of year for you?
Autumn is typically one of the busiest seasons of the year. There is a sense of finality as year end approaches which often focuses buyers’ and sellers’ minds on wanting to conclude a transaction by Christmas. Certain neighbourhoods historically see their highest transaction volume in Q4 every year.
Why do you think autumn is a great time to sell?
Autumn is better for selling properties in cities rather than the countryside, as gardens are typically less prominent for urban homes. Certain properties are at their best in autumn, for example those with working fires which if utilised during viewings, make a big statement in welcoming buyers into the home. Buyers make their decision based on practical and emotional criteria, and features such as fireplaces and warm lighting during the cold and dark autumn months can carry significant emotional weight.
Presentation of a home is key, for both the marketing collateral to maximise enquiries and for the viewing experience. Occasionally we recommend doing minor touch ups of paint or adding new carpets before selling, but as a rule, as soon as a seller starts doing major work such as replacing a bathroom, it dates the rest of the property. For unfurnished homes, we recommend either investing in rental furniture, or having the marketing photos virtually staged. Don’t underestimate the importance of high quality presentation for the marketing collateral, as without enquiries and viewings the property won’t sell.
A further tip is to provide easy access, within reason, for viewings. Buyer viewing behaviour varies across location, with country buyers typically booking viewings in advance, compared to Prime Central London buyers who seek immediacy with short-notice viewing requests.
Claire Reynolds, Managing Partner, United Kingdom Sotheby’s International Realty
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Sources
https://hoa.org.uk/advice/guides-for-homeowners/i-am-selling/when-is-the-best-time-to-sell-my-house
https://www.jonesrobinson.co.uk/articles/6-tips-for-preparing-your-house-for-an-autumn-sale
https://www.jdg.co.uk/blog/preparing-your-home-for-sale/7-tips-to-sell-your-home-in-the-autumn.html
https://strawberrystar.co.uk/best-and-worst-time-to-sell-your-house
www.theadvisory.co.uk/house-selling/best-time-to-sell-house/
www.hoa.org.uk/advice/guides-for-homeowners/i-am-selling/when-is-the-best-time-to-sell-my-house/