Whether it is a buyer’s or seller’s market, both can benefit property investors. As an investor, you will be both a buyer and a seller at different points in your investment journey. Those with large property portfolios are likely to buy and sell many times throughout their career.
It is possible to get a good deal during a seller’s market; likewise, an investor may be able to sell high during a buyer’s market. It just means that these opportunities may be harder to find during these times. However, keeping track of these changes allows investors to hone their strategy and timing to get the best returns possible when selling or buying.
Currently, the UK is in the midst of a buyer’s market in 2024, according to Rightmove. If you’re a seller, it’s important to price realistically and make the property as attractive to buyers as possible. If you’re a buyer, you have the luxury of time to look for the most suitable property for you and some leverage to negotiate price or other concessions.
For more property investment insights, check out some of our helpful buy-to-let guides, such as:
