Don't wait for Spring

With the Christmas holiday season almost upon us, it raises interesting questions about whether now, and indeed winter, is a good time to sell.

Conventional wisdom states that potential buyers are more likely to be looking at hams than homes right now. Even into the New Year, with the evenings still dark and gardens not looking at their best, there is often a feeling that it would probably be best to wait until the spring before putting a property on the market.

After all, spring is traditionally associated with a time of change and renewal, and this has always had a bearing on the property market.     

However, there are other factors to consider. Yes, it is true that the property market is quieter over Christmas and New Year period, but serious buyers do not stop looking. Indeed, they can become frustrated by a lack of choice as some properties are withdrawn and fewer new properties come on the market because of the mistaken belief that nobody will be looking at this time of year.

You can take advantage of this temporary imbalance of supply and demand by being one of the properties that is actually new on the market! Whilst viewing activity may be slightly less frenetic, you can be assured that every viewing will count, as you will only be dealing with those serious buyers for whom the festive season is an inconvenience. Buyer activity on the portals is at its peak over Christmas too!  

Many sellers will inevitably wait until spring before putting their property up for sale – and while the Dublin market remains buoyant, stronger levels of supply could potentially lead to downward pressure on prices.

So why not sell now instead? Also, by the time a buyer is found, you will be able to take advantage of this increase in supply yourself as you seek a new home. Having a buyer for your own property ahead of everyone else puts you in a strong position as a purchaser, with a selection of properties from which to choose in a market of buyers who have otherwise yet to sell.

So if you are contemplating a sale in the next few months, I suggest you take advantage of the situation, be strategic, and position your property for an early sale at a time when demand is likely to outstrip supply.         

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