With the prices in the residential market calming down in the major capitals and most regional areas how do you sell in an easing market? How do you still get top dollar? Or do you sit and wait?
Nationwide measures of housing prices are little changed over the past six months. Conditions in the Sydney and Melbourne housing markets have eased, with prices declining in both markets. Housing credit growth has declined, with investor demand having slowed noticeably.
First impressions really do last when it comes to presenting your property for sale.
Setting the right sale price for your property is imperative. A new listing will generate interest from agents and potential buyers. After they have viewed the property, interest will decline which makes it crucial to list your property at the right price when if first goes on the market.
Springtime is flagged as the prime real estate selling season, but opportunities exist in all markets provided your agent knows how to position your property effectively. Other factors such as economic and market conditions as well as your own personal situation will also always play an important role in timing your sale.
Deciding whether to buy or sell first is not an easy decision; there are pros and cons to each option.