You look forward to it all year and then it disappoints! One thing about summer that never changes, however, is the housing market. The early part, from May through to early July, is a mad dash; buyers motivated to be ‘in for summer’ and sellers excited by the thought of marketing their homes when the weather creates good light and nice gardens.
Then we slow for 6 weeks. It doesn’t stop but it definitely winds down a little as dragging kids around houses when holidays is tough, as is keeping the house tidy when the little darlings have wreaked havoc. So up until the August bank holiday, we are desperately seeking stock, preparing marketing campaigns, arranging property videos and generally getting ready for the surge that comes in September. It’s not to say that sales aren’t arranged in that time but it certainly feels like a period of preparation.
BOOM! September comes in with a crash. The aforementioned little darlings are packed off back to school in clothes one size too big. The toys are neatly disposed of and Mum and Dad start thinking ‘about being in for Christmas’. September and October are our busiest sales months of the year. Estate Agents love it, its fun, its dynamic; it’s like a game of Monopoly, whoever can collect the most houses is likely to consider themselves the winner.
Understanding the demand and market trends is vital when choosing an estate agent. Agents that miss this cyclical process are, in one fell swoop, demonstrating perhaps why you shouldn’t choose them.
October is a good time to see what increases there have been in the market, because we are starting to be able to plot annual variations. It’s a great time to generate a lot of viewing interest and to get a good price.
So if you would like a free, no obligation, valuation from a leading independent agent, then why not call us at Knights on 01202 536496? You may be pleasantly surprised!
By William Croker – Director