economy
Stuck on the market? Five ways to sell your home when buyers are taking their time
Home Alone and Rocky Horror Picture Show star Tim Curry dies aged 80
TL;DR
- Homes are taking longer to sell in 180 out of 363 local authorities in Great Britain.
- The national average selling time remains steady at 42 days, but eight areas now take two months or longer.
- The market is divided regionally, with Scotland having the fastest-selling markets.
- Buyers are less urgent and more scrutinizing of price, condition, and seller readiness.
- Sellers should price based on recent comparable sales, not just neighbor's asking prices.
- Prepare essential paperwork like TA6 and TA10 forms and title information before viewings to avoid delays.
- Prioritize offers from buyers with mortgage agreements and no onward sale over higher offers from those with complex chains.
- Ensure property photos are high-quality, the home is decluttered, and small repairs are made before listing.
- Maintain communication and promptly address queries from solicitors once a sale is agreed to keep the transaction moving.