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How Homeowners Can Beat Blue Monday

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Posted on Wednesday, January 12, 2022

In this two-minute read, we share how homeowners thinking of selling can avoid feeling down in the dumps on the year’s most depressing day.
Next Monday is, according to social scientists, the most depressing day on the calendar.
It even has a name. Such is the doom and gloom attached to it – Blue Monday.
It’s the perfect storm of wintry weather, festive spending credit card debts coming in, New Year’s resolutions falling by the wayside, and Christmas being a memory that’s fading fast.
We all feel down from time to time, and it’s important to share with people we trust how we’re feeling.
All our relationships here at Bloore King & Kavanagh are built on trust, and we like to think that’s why we know what gets home sellers feeling blue.
The good news is we have the answers to the five main things that get people involved in property transactions feeling down.
1 – Home won’t sell – A home that’s been on the market for a long time is a headache for the seller. It’s usually because the price is unrealistic or it is being poorly marketed.
2 – Apathetic agents – Choosing an estate agent to sell your home is a big call. And when you get it wrong, it can be the source of a lot of stress and anxiety. Look for local agents who know the local property market, are experienced, and have good reviews and testimonials.
3 – Slow solicitors – There’s no getting away from it, an inefficient conveyancing solicitor can hold up your sale and cause no end of frustration. Always go with recommendations from people you trust who have successfully used the solicitor themselves.
4 – Vanishing buyers – There’s very little in the property selling business as annoying as buyers who make an offer you accept only to vanish for whatever reason. The best way around this is to work with an agency that properly qualifies every offer to see if the person making it is in a position to actually proceed.
5 – Overvaluations – This goes back to point two and highlights the importance of choosing the right agency. A common tactic used by unscrupulous agents is to deliberately overvalue a property to get the chance to sell it. More often than not, a price reduction follows as the property won’t sell and attracts little interest. Ask for clear, comparable evidence to back up an agency’s valuation of your property.
If you have anything property-related weighing on your mind this Blue Monday or any day come to that, give us a call on 0121 550 4151.
We’re here to make selling a home a happier experience.