Anyone looking to buy a home or price their property will automatically examine the average cost of homes in the local area. This may not be the most accurate guide or barometer, but it is an excellent starting point. Similarly, any vendor looking to plan a move needs to know how long the sales process will take. Therefore, examining the average time taken to sell property makes sense.
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At Austin Property Services, we have an interest in all local property matters, and we believe this is an area of interest for many of our clients. Through the use of information provided by Rightmove and HM Land Registry, it is possible to calculate the average length of time it takes to sell a home in Weymouth.
The DT3 postcode area covers a broad range of locations with the average time to sell property in the postcode region coming in at 15 weeks. According to Zoopla, the average price paid for a property in the past 12 months is £315,452.
The DT4 postcode area is also relevant to Weymouth, and the average time to sell property in this part of the country is 16 weeks. The average price paid for property here in the past 12 months is £227,203.
While you shouldn’t rush property transactions, it is possible to save time without compromising on the quality of work done. There are three main areas a vendor should focus on if they are looking to sell their home quickly:
- Set an accurate price for the property
- Enlist the services of a skilled and experienced local agent
- Review all offers and choose the most suitable, not necessarily the highest bid
It is easy to see why vendors would want the highest bid, but this may slow down the sales process. The right buyer is likely to be one who isn’t involved in a property chain, and they will have finance in place. A slightly lower offer from a buyer in this position will be a more attractive proposition than a more substantial offer from a buyer involved in a chain and who is yet to finalise how they will pay for the property purchase.
Get help in selling your home
Selling your home isn’t easy. Many people find it an emotional wrench, and there are a lot of difficult decisions to make. Anyone looking for guidance in this matter is advised to speak with an experienced company who knows the local market.
If you are looking to sell your home and you require assistance, please get in touch with Austin Property Services. We are pleased to say we have helped many local vendors present their home to the market and to sell their house effectively and efficiently. If you need assistance, get in touch, and we will be more than happy to help.