Pause, Relist, Sell: A Winning Strategy
- Sarah Ruivivar
- Oct 27
- 2 min read
Feeling like your property listing is stuck in a rut?
Don’t fret!
According to TwentyEA, hitting pause on your listing could be the secret sauce to selling success. Their research reveals that taking a breather when your property doesn't sell in the first few weeks can significantly up your chances of a successful sale later on.
Here’s the scoop: Over half of all property sales happen within the first five weeks of listing, and three-quarters within three months. After that, the odds drop to a mere 14.5%. But fear not! In 2024, a whopping 550,000 properties were withdrawn from the market, and after a three-month timeout, 90,000 were relisted. The result? A 42% selling chance, regardless of whether the price was adjusted.
Want to hear more? Join Mal & Matt on the Property AI Report Podcast each week!
Access from your preferred podcast provider by clicking here
Katy Billany from TwentyEA highlights that timing and market demand often outweigh minor price tweaks. So, if your property is languishing on the market, consider a strategic withdrawal. Let it rest for a bit, then relist with a fresh perspective and a price that reflects current market vibes.
And if you’re wondering about the timeline, brace yourself: it typically takes 123 days from listing to exchange and 200 days to completion. Streamlining this process could make a world of difference for buyers and sellers alike.
So, take a deep breath, give your listing a little R&R, and get ready to relist with renewed vigour. Your property’s second act might just be its best one yet!
Want to hear more? Join Mal & Matt on the Property AI Report Podcast each week!
Access from your preferred podcast provider by clicking here
Made with TRUST_AI - see the Charter: https://www.modelprop.co.uk/trust-ai
Comments