Monday 1 November 2021

Seller's Market - when will it slow down? #Property market - #Sheffield

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You’d be forgiven for thinking that the Autumn and Winter are not normally ideal times to be selling your home but did you know that the market in general and, especially here in Sheffield right now, is experiencing one of the busiest markets ever seen before? The demand for properties across the board is at an all-time high and with so few properties available on the open market it’s resulting in record sales prices being achieved. The reasons for the historic levels of demand are unclear but it’s plausible that interest and mortgage rates being lower than ever before and the likelihood of these increasing at some point in the next 12 months is a key factor in buyers wanting to secure a new home as soon as possible.

If you’re considering selling or moving home in the next 12-18 months perhaps it would be a good idea to make that move sooner rather than later. We’re finding that many of our vendors underestimate just how much their properties are actually worth so having a valuation may mean you can actually afford to make your next move sooner than you thought.

 

One thing is certain in that it’s a sellers’ market so if you want to move home, having a property in a popular area that would sell quickly simply isn’t going to allow you to compete. The majority of our sales are to people who have already sold subject to contract and are just waiting for that perfect property to come along. There’s no need to worry about being forced out of your home or having to rent something in the interim as most, if not all buyers are fully aware of this crazy market and are prepared to give our vendors weeks and months to find something suitable to buy themselves. Some of our clients have been able to move by taking advantage of our ‘ready to move’ service where-by we arrange for a photographer and floor plan people to get all of your marketing material ready in anticipation of you going to market when the time is right for you. At a small cost this can be easily arranged and by saving you the time it normally takes to get ready, can be the difference between you securing your dream home or not.

 

If you would like to arrange a valuation we can normally accommodate this six days a week and an average appointment will take just 45 minutes – 1 hour. We can then give you all the information you may need to help you when you’re ready.

 

If you’re interested please either reply to this email or call 0114268 3682 to make a convenient appointment

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