To move or not to move, that is the question.

To move or not to move, that is the question.

Published: June 16th, 2016

People often ask me to value their homes as they're not sure whether to move or not, but without knowing the value, they cannot make a decision. Its often the same with investors,  however, I always say the same thing. The only person who can decide to sell or not is you - the owner(s). When you are ready to sell I am here to help, but only you can make that decision. It's not something to rush into but when you are ready to sell......... that’s the time to get your property on the market.

Those who say “oh well we'll give it a go at a high price and only sell if they get that price” are wasting an opportunity. Firstly buyers won’t view a property if it is too much money and secondly the longer it is on the market for the less likely you, the seller, are going to achieve a good price as the property will come across as an undesirable residence and buyers will try to negotiate the price down.

You only get one shot at a first impression - so lets make it count.

When you are ready to sell, get your home looking spick and span, ready for everyone to view.

BUT....what about the elections, or as we have it currently, the referendum?

Well, lets face it nobody can predict the future, so unless you are releasing funds from investments it shouldn't really affect your move. If you want to sell, the government aren't going to stop you - they like receiving Stamp Duty Land Tax so why wait?

The short answer is - I have no idea, and when I've asked the question to sellers, they just shrug their shoulders and say we'll be in touch after the event. I have never been given an actual reason why. 

After all, moving from property to property is all about the difference 1) If upsizing - how much more money do you need to find 2) If you're looking to release capital to fund retirement adventures you'll have an idea in mind as to what you want to put in the bank.

As discussed in a previous blog, there is no right time to sell, that is just up to you and when you want to sell. In my experience, the busier the market the more properties you compete with and you may get your price, but you may achieve a little less if the market is saturated with properties. On the other hand if you go on to the market when its deemed quieter, you may end up a little disappointed that you are not getting a high volume of viewings, but those viewings you do get, and if the wind is behind you and they all want to buy your home- well, you could end up with an even better price.

Selling your property is all down to you and your circumstances, and of course the type of property you own. We, as a nation generally are very British about things. We don't like to offend anyone, happy to queue, and will often follow the flock due to safety in numbers. So REMEMBER, you are your own person and have your own needs and requirements. Don't wait to sell your home, if its the right time for you to be selling to fit in with you aspirations and dreams, take the plunge.

Many who did eventually take that plunge, have often said "why didn't we do this sooner?". Why indeed.