A question that often arises when property owners are making the decision to sell their home is when is the right time to sell my home ?
The answers are varied with many people looking towards seasonal trends and find that spring is often referred to as the selling season. Super auction Saturdays and higher volumes of listings and property sales would certainly lead property owners to the answer that Spring is the best time to sell my home but there are many other factors that should be considered.
Each property is individual as is each owners circumstances and reasons for selling their property and these should be considered when deciding if the time is right to sell your property.
For instance Seller A researches online the best time to sell my home but only considers the volume and trends of when property sells and decides to list a property for sale in spring as he believes this is the best time to sell his property
Seller B takes a wider view of the property market whilst considering when should I sell my home. This research considered property trends but also considered what else was available in the current market, previous sales and pricing trends in the recent period. As the market had shown signs of slowing and there was only 3 other properties in her price range she concluded that now was the right time to sell my home.
Personal circumstances and changes in lifestyle, family and finances can also impact the decisions when it comes to selling property which often makes waiting for spring not possible. Location location location is often heard and this can also impact buyers decisions and timings to buy. For instance, when would be the best time to sell my property if I were in a holiday destination? A unit or apartment in a resort might gain more interest during high occupancy periods or holiday times, however keeping the apartment vacant during this period can have financial implications. A property in a highly sort after area with little or no competition in the current market is ideally Sold Now.
The important thing when selling your home and investigating the right time is to consider all your options and the time you expect to take in the current market. If you would like more help or assistance on your journey to sell your own home then our staff are always available to help.