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When to Pull the Sale Trigger
Selling in spring is traditionally seen as a fruitful move, yet many components can influence the right time to market your property.
These include economic factors, the real estate market and trends, including interest rates. Unless a property is unique and always attractive, a higher volume of property on the market can result in less competition.
What does this all mean? In a nutshell, spring is not necessarily the optimal time to sell.
Personal preference and circumstances will govern the timing and method of sale. At Thrive, we are experienced at all facets of decision-making and will be there to assist as you navigate through the process!
Considerations regarding the time to sell include:
• Severe COVID- 19 restrictions
• Steering clear of long weekends
• Avoiding school holidays & Christmas time in most areas
The pricing of property needs to take into account several factors:
• Comparable sales data
• Current market direction
It may be difficult to predict an outcome in the current moving market as sales data quickly loses relevance. At Thrive, we will help you crunch the numbers and analyse aspects of the sales campaign requiring attention.
Inexperience shines brightly when a property is merely 'dumped' on the market without consideration. By taking into account the critical factors above regarding selling, a smoother, profitable outcome is more likely to be achieved.
We pride ourselves on 'reading the market' before and throughout your campaign. This can bring sense to the real estate scene and assist in helping you review relevant recent sales data to determine a sensible price range for your property.
Please note: we can also act as buyer advocates, whatever level of assistance you are seeking.
At Thrive Property Advocates, we help you engineer your property goals. Our advice is to put ample forethought into a solid campaign to ensure you achieve the highest net outcome with the least amount of stress – in any situation.
Doing it the right way we find is the only way for your sale to truly succeed, whereas a rushed timeline or 'selling a secret' rarely has you coming out as a winner.
We'll unpack this point in more detail in a future journal when we explore 'off-market' sales!
