A new year is upon us, a time when new dreams tend to emerge for homebuyers. Be ahead of the curve to grab their attention.
Foxtons property for sale and rental web pages tend to see spikes in traffic as people browse during the holidays, and we often see an increase in viewing requests in the new year. After all, it's the holiday season when we gather with family and friends to reflect on the year and discuss all the possibilities that 2023 will bring.
For the market in 2023
2022 was a very busy year for the housing market, and real estate was in high demand. But in recent months, buyers are starting to pause and reevaluate their schedules as politics, cost of living, and mortgage rates impact affordability.
We have need-based buyers who are keen to trade, consistent demand from overseas buyers and ever-present constraints that keep London property supply low. Therefore, the market here is much more stable than in other parts of the UK. It's never a bad time to sell in London. However, buyers may not be in a rush to buy next year, so you may need to consider more time to find the right buyer. If you want to participate in the New Year's rush, it helps to plan ahead.
An agent's professional understanding of the local market will be particularly important for sales in the new year, as issues such as affordability may affect certain areas to a greater or lesser extent. To get off to the best possible start, first and foremost, book an assessment.
Why choose home appraisal?
Appraisals are about more than just knowing what an agent can accomplish for your property in the current market. For your Foxtons valuation, you will meet with an experienced valuer with local market expertise. We can provide trusted answers to questions about processes, markets, next steps, and more.
In addition to the assessment, you can plan ahead to:
your own research
If you're not yet ready to sell, a property survey will give you an overview of the property's potential pitfalls, so you can factor in what to keep and what to fix in your asking price before you put your property on the market. You can choose. Traditionally, the buyer is the one who schedules the property inspection, but it doesn't hurt to be proactive, as we explained in Who Can Arrange a Property Survey? Buyers don't schedule inspections until they've seriously considered the property, which helps avoid last-minute surprises in the later stages of a property sale. This also builds trust with the buyer and can potentially increase sales.
Packs ready for sale
Our partners at Conveyan offer packs to help you sort and organize your documents, so your property is ready to sell when you need it. Instructing a solicitor at the start of a sale also means that preparations such as requesting land registration documents can be made immediately. By instructing Conveyan to fill out a Sales-Ready Pack, you may be able to submit a contract the same day you accept an offer.
Read more about preparing the documents you need to sell your home.
neat and tidy
As long as you have all the necessary documents, you can start viewing the property as soon as you receive the keys. Buyers registered with My Foxtons will be notified whenever a property comes on the market that may be of interest to them. At Foxtons, we can quickly arrange for a professional property photographer to take your photos so you can create an attractive property advertisement.
In preparation for viewing and photography, you'll want to clean, organize, and give it a much-needed repaint. Cleaning up is a simple but very important thing you can do to sell your property. Hide trash cans for outdoor photos, stash coats and shoes in the hall, grab extra shampoo and body wash from the shower, store stacks of mailboxes, and more. At the office, keep your kitchen counter clean and viewed… For more information, read 7 Tips for Great Photos that Generate More Views.
At Foxtons, we get it done
The best way to successfully sell your property in 2023 is to work with an agent who is knowledgeable about your local market and can guide you through everything you need to get your sale off to a good start. Take the first step. Find your local Foxtons office and book your free valuation or callback.
