Should I sell my house now or wait.? Sam's Property Buzz - July 2023
Everyone might appear to be selling right now. Research-driven sellers who are aware that they are in a seller's market are taking advantage of these circumstances to negotiate a higher sale price.
Prices are rising because there are fewer properties available and more buyers are seeking them out.
It’s important that other personal reasons may come into play, such as maintenance and financial burdens of investment properties or investment opportunities.
I understand if you're still debating whether to sell. It's a big choice that demands all of your serious consideration as you examine the benefits and drawbacks of both possibilities.
Even if the market feels uncertain, it’s important to remember that it’s all relative and the market doesn’t stop. There will always be properties being listed and buyers out there wanting to purchase a home.
It's also crucial to recognise that conditions will vary from suburb to suburb, so it’s important to understand your own local market.
Whether your property is impacted by price gains or falls depends on many factors including location, property type, and whether your home falls into the higher or lower end of the market.
If you’re seriously considering selling your home, you need to do your research. As a first step, get a ball-park estimate of what your home might be worth. As a real estate professional, I am happy to come and help you with the process.