Are you thinking of selling your home in the new year, but planning on waiting until January to put it on the market? Sellers often wait until well after Christmas to get their home on the market, but there is still time to get a head start on 2023 by preparing to sell now.
1. Be ready for the ‘Boxing Day boom’ in buyer demand
Boxing Day marks the start of the 2023 home-buying season. Every year, we see more and more people browsing properties on Rightmove during the post-Christmas Day festive period. In fact, last Boxing Day, visits were 54% higher than the previous year.
Our Director Mario Panayiotou says: “We see a surge in the number of people searching for property from Boxing Day onwards, perhaps with a resolve to enjoy their next Christmas in new surroundings. Some of those additional buyers will also be new sellers who have held back until this period, judging it to be a good time to sell and to move in 2023.”
2. Do the prep now, sell when you’re ready
Getting your home ready to sell doesn’t need to mean viewings will start next week. It’s kind of like getting your Christmas shopping done early — a big tick off the list. You can arrange your property valuation, instruct an estate agent and finalise the details of your property listing, so whenever you’re ready, you can ask your agent to put your home on the market.
3. Capitalise on the increase on ‘online traffic’ over the festive period
There were more than 51 million visits to Rightmove between Boxing Day 2021 and the first working day of the new year, so it’s a hugely valuable time if you want to make sure your home is going to be seen by lots of potential buyers.
4. Become a ‘power-buyer’ so you’re in a strong position when you do find ‘the one’
If you decide to put your home on the market before Christmas – and you’re able to secure a buyer early in the New Year – you’ll be putting yourself in a great position when you find your next home.
“In the current market, it’s a real advantage to be a "power buyer”, and have already sold your current home, subject to contract, when looking for somewhere to buy. This could put you ahead if there are other offers already on the table,” says Mario Panayiotou, Director at Christopher Stokes.
If you have any further questions regarding the above strategy then please call either of our offices: Cheshunt – 01992 641; Hoddesdon – 01992 917 111 or just book for us to come and see your property to discuss moving in the new year.
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