And that is why timing the sale of your home is extremely crucial. The more time your property spends on the listings, the lesser the value you can expect. Therefore, it is important to wait for the right time to place the ‘Just Listed’ sign on your property. But…
As professional real estate agent, I understand that you might not have enough time at your hand. Whether you are downsizing, upgrading, relocating, or simply switching to a different lifestyle, you would like your property to be sold for the highest price within the least possible time. How?
By understanding the way real estate has evolved over the years!
The market no longer revolves around the age old patterns. It has greatly evolved and the trends change continuously. The trick is to utilize the change to your advantage. Forget about the old spring-is-the-best-time mantra. The old rules are outdated and there are now better ways to make the most out of the time you have.
Here is what you need to know.
Spring is the peak market season and this may be something that hasn’t changed yet. One important thing to keep in mind, however, is the fact that there are equally high numbers of sellers as there are buyers in the market. This means the competition is furious and your prospects have more options than you think.
On the other hand, winters are typically considered to be the worst time to sell a property, but there is a bright side. There is less inventory for the buyers to choose from. This is where your property will stand out, resulting in an increased demand and higher selling price. Therefore, you will get an advantage you can’t have in the peak season.
So, the best time to sell is likely when your existing home no longer meets your needs. However, there is one more thing to worry about.
The real estate market is greatly driven by the economic factors such as the interest rate and how they compare to your existing mortgage. Depending on the trend, it may be a ‘buyer’s market,’ a ‘seller’s market’ or a ‘balanced market’. Your property must be fairly priced according to these factors and that is where you will need the help of an expert who understands the current market as well as the indicators of prospective trends. As a highly experienced and successful real-estate expert, that is exactly the kind of help I offer.
I will provide you with valuable resources and comprehensive consultation to help you make the most of your move. I will assist you in proper assessment of your situation, determination of a fair price tag and the most profitable utilization of your time. Feel free to contact me for more information.
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