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When is the right time to sell?

Thu 15 Dec 2016

 

The winter chill has definitely taken hold and as the year comes to an end it’s time to reflect on the past year and plan for 2017.

Sowerbys Update

It has been an exciting year here at Sowerbys. Our marketing department has been busy developing our on-line presence whilst our new property films have received thousands of hits, culminating in some wonderful outcomes. High quality bespoke marketing, brochures and photography remain at the forefront for making our vendors properties stand out. We continue to offer many enhanced features free of charge which many other agents charge up front for.

Our residential sales team has expanded this year in both numbers and experience, a necessity from our increase in business - rather than take on more houses and then struggle with the same staff levels, the Directors have been delighted to invest in the personnel so our service standards can continue to deliver. We are really proud of the team we have built throughout Sowerbys in whom you will find integrity, professionalism, knowledge endless enthusiasm and unsurpassed local knowledge.

 

The Market

The market has been a fluctuating and unpredictable one in 2016. Events such as the referendum and the USA election have delivered occasional blips in confidence. In contrast, rock bottom interest rates have encouraged first time buyers and investors, whilst the lows have been quickly overcome by interesting and unforeseen positive news from the economy such as unemployment figures and growth.

The key driver for the property market remains lack of fluid supply. The very basic marketing forces of supply and demand have never been more obvious. We have regularly had more than one buyer bidding for properties, creating some incredible outcomes for our vendors.

2016 has definitely been the year of the ‘serious viewer’ with the ratio of offers from viewings rising all the time. There are very few people out there viewing properties simply ‘on a whim’ – and when people find a property they like they are quick to act upon it.

We anticipate that 2017 will follow a similar keen and productive pattern, but with less surprises. The pound may fall a little and oil prices may rise, but demand will continue to outstrip supply. Norfolk properties continue to be a sound long term investment at all levels.

 

When to Sell?…

January has become a more and more interesting month since the internet became the key starting point for most people’s information gathering. There are incredible peaks in internet activity over the festive season – families come together, people have time off, conversations about moving home start to become a reality!

We see a huge amount of activity on the main portals (Zoopla and Rightmove) on Boxing Day and New Years Day in particular. This often results in a stimulated January market, rather than the traditional wait for the Spring market.

People are also more informed now, and recognise the benefits of coming to the market when others perhaps are not. 

The lure of Spring remains a focal point for many, particularly as gardens begin to flower. If that is your goal then talk to us well in advance, so we can advise you on how to prepare for the market. Having the time to produce the very best property details will help you achieve the best possible price. 

 

Preparing for market…

We will give you all the time you need in face to face meetings, to go through the finer details of selling your home, but a couple of things are always worth pointing out in advance. Most houses require an EPC (Energy Performance Certificate). We can check an on-line register to see if your property already has one. Some properties are exempt.

Secondly, presentation is always important and sometimes needs planning. There may be some very simple things you can do to prepare your home for sale, and we’re happy to advise. De-cluttering is always the best place to start – make the most of the spaces you are offering! A copy of our ‘How To Sell Your Home’ guide is available upon on request.

 

We are open throughout the Christmas period so why not pop in for a chat. On behalf of all of us here at Sowerbys we wish you a warm and Merry Christmas.

"We are thrilled with the great service we have received from Sowerbys. The Dereham team are all professional, approachable, knowledgeable and friendly. Their marketing materials, especially the photos, are second to none. We listed our cottage twice with Sowerbys and both times had a sale agreed within a week. When buying or selling Sowerbys are extremely easy to deal with, helping to make the whole process as seamless as possible."
Mr & Mrs Hopkins, Gateley - Vendors - January 2016

News Archive

December 2017

Dereham Christmas Lights Challenge

November 2017

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October 2017

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August 2017

Bricks and mortar vs DIY agents by Benjamin-Thomas Ross

Holt's best kept secret is coming soon.

Sowerbys guide to the Help to Buy Scheme

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July 2017

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Charlie's latest adventure - Paddleboarding The Channel!

June 2017

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May 2017

Land & New Homes expands further

Sowerbys and the Reepham Food Festival

Does a 'For Sale' board help sell your home?

April 2017

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March 2017

Sowerbys awarded Feefo Gold Trusted Service Award 2017

February 2017

Our thoughts on the proposed ban on letting fees

What will happen to the property market in 2017

January 2017

Sowerbys celebrate a record breaking year with Burnham Market office relaunch

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December 2016

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Win 2 Take That tickets and raise money for 2 fantastic local charities

The Housing White Paper

November 2016

Why are Sowerbys so successful - By Alexandra Watson, Senior Negotiator Holt Office

What does the Autumn Statement mean for the housing sector? - By Daniel Money, Land & New Homes Manager

Attending an awards ceremony - by Lorna Herring, Assistant Manager for Land & New Homes

Win Take That tickets

September 2016

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Zoe is nominated for top charity award

Lucky 7 by Karen Lewis-Mitchell - Assistant Manager Burnham Market Office

August 2016

Thinking of using a 'do it yourself agent? Have a look at this before you do.

July 2016

Simply The Best!

Dog Show & Family Fun Day

June 2016

Max Sowerby comments post Brexit

The 7 Golden Rules of Buy to Let Investment

How should you best present your property for sale or let?

Why 95% of Home owners still use traditional Estate Agents

Gazumping – what is it and how can you avoid it – by Max Sowerby

May 2016

Facebook competition terms & conditions

Foundry Field - now over 60% sold. Take a look around.

April 2016

New Car Park in Burnham Market opens

March 2016

Do you need any advice on your finances?

January 2016

Why should you choose Sowerbys to sell your property

Why should you choose Sowerbys to let your property

December 2015

Getting your home ready for market in 2016

Deck the Halls

We asked the Norwich team… What’s your favourite thing about Christmas?

Sowerbys strengthen the Norwich Team

Buying a home in Norfolk?

November 2015

Golden Triangle Open Day

October 2015

Is it all about location, location, location?

The importance of a Sales Progressor - by Helen Hall, Senior Negotiator , Dereham Office

September 2015

Will Lightfoot takes over the reins at Sowerbys Burnham Market office

The finest of Georgian grandeur in the finest of north Norfolk coastal locations

The difference between something good and something great is..

Foundry Field Show Home NOW OPEN

It’s never one size fits all – by Carly Grigglestone, Marketing Manager

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August 2015

Distinctive and prominent contemporary coastal home in Cley-next-the-Sea

Exclusive development of 8 barns in Little Snoring

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Your own landing strip

July 2015

Sowerbys Ladies Dream Team raise money for Cancer Research

Why wait to sell? Take advantage of the current supply shortage.

PRIVATE VIEW 4 Regal Court, Holt

June 2015

Getting ready for launch at Foundry Field, Burnham Market

Views of a newbie – by Charlie Graham-Wood – Sowerbys Holt Office

A view of the market - by Lex Hastings, Residential Sales Manager, Sowerbys King's Lynn Office

Sowerbys Property of the week on Mustard TV

Max Sowerby on listed buildings

May 2015

What to do if your property is affected by flooding. By Daniel Money, Manager – Sowerbys Wells office

Collingwood Lighting the obvious choice for estate agency’s grand, iconic new offices

Sowerbys feature on Mustard TV

Agreeing a sale is one thing – getting it over the finish line is another! By Richard Webb, Valuer, Burnham Market Office

Lights, Camera, Action!

April 2015

An encouraging start to 2015 by Peter Scott, Manager and Valuer at Sowerbys Hunstanton Office

Sowerbys to market Foundry Field, Burnham Market

Sowerbys win national estate agency award voted for by customers

March 2015

An insightful view on the selling process

Sowerbys are shortlisted for Industry Awards voted for by Clients

Have a look around our new Norwich Office

Sowerbys are delighted to host Sworders Valuation Days in Burnham Market & Norwich

February 2015

Sowerbys open the doors to the new Norwich Office

January 2015

Sowerbys enter awards voted for by customers

Historic Norwich offices are transformed

December 2014

Max Sowerby on the Stamp Duty Changes

November 2014

Latralife home Greenbanks in Holt featured in The Times

October 2014

It’s all about the staging – Daniel Money, Manager, Wells-next-the-Sea

Exciting new development by Orchard Developments at Hindolveston

Sowerbys Norwich Office set to open in early 2015

September 2014

Sowerbys & Burnham Westgate Hall in The Wall Street Journal

When is the best time to move? by Lee Shuardson, Valuer, King’s Lynn Office

April 2014

Sowerbys now offer a FREE virtual tour for EVERY property

Open Day at New Build in Wells

Why mid-Norfolk is a good option

March 2014

Open Day 2 – 4pm Saturday 22nd February

February 2014

Have you got a hidden treasure you would like valued?