A recent survey commissioned by digital upfront property pack provider, Moverly, has revealed that 83% of home sellers who sold their property in the past year experienced at least one health issue related to stress.
The survey found that the period between accepting an offer and completing a sale is the primary factor behind the stress-related health problems faced by home sellers.
The survey, which included responses from home sellers who had undertaken the task in the last 12 months, found that 11% of respondents felt that selling their property was the most stressful thing they have done in their life, while 71% ranked it within the top five.
The most prominent issue experienced by sellers was an increase in anxiety levels, followed by an inability to sleep.
Other stress-related health issues included feelings of depression, headaches, and a lack of memory or concentration.
Of those surveyed, 18% experienced two symptoms of stress, while 39% experienced three or more.
7% of respondents even stated that they had to seek medical advice as a result, while 27% said they are still suffering from the health issues brought on from selling a home despite having now completed the process.
The survey found that other delays leading to an extended completion date also ranked as one of the most stressful things about selling, along with a buyer pulling out and the sale collapsing, having to prepare a property for market and issues found during the survey process.
Moverly co-founder Ed Molyneux commented on the survey, saying that “the home selling process is still stuck in the dark ages and it’s the nation’s homebuyers and sellers that are suffering as a result.”
He also noted that “given this prolonged period of uncertainty, many home sellers are suffering from stress induced health issues as they hang in the balance hoping that they will be able to move home as planned.”
The findings of this survey highlight the need for changes to be made to the home selling process in order to reduce the stress experienced by sellers.
With so many individuals experiencing stress-related health problems during the home selling process, it is clear that improvements need to be made to ensure that the process is as smooth and stress-free as possible for those involved.
