Now that the conventionally popular spring selling season is almost over, it can seem like a foolish idea to try and sell your property over the holiday period. But experts say that putting your property up for sale during this period may actually have more benefits than you think! So if you’re on the fence about whether this is the right time to put up your property for sale in Bannockburn, let the following benefits change your mind:
While it is true that most of the buyers will have already made their purchases, many others may have been left behind. At this point, when the property market slows, there are usually fewer houses on the market, which means serious buyers will have fewer properties to choose from and you will have fewer listings to compete with. Price your house based on the average house price for your area, market it well and keep it looking presentable, and you’ll have buyers swarming to your door in no time.
The fundamental rule of selling a house is appealing to the emotions of your buyers. Your buyers need to be able to see themselves living, laughing and creating memories in your house, and what better time to showcase how your house offers them the chance to do than during the holiday season? Add to that the fact that the Australian Christmas coincides perfectly with summer and you have yourself the opportunity to really make an impression with your buyers. Invest in some home styling and play up the areas focused on entertaining. You want your buyers to be able to envision enjoying the holidays with their loved ones in your space.
Buyers looking for a house in this period are usually more serious, and are not “just looking around”. They are more likely to offer a higher price and be more open to negotiation, and may even be interested in a quick sale. Many buyers are hoping to use the two weeks of the Christmas and New Year break to easily move into their new house and start the new year in a brand new space and may want to get a house as quickly as possible, leading to a quick sale.
Around this time of year, the rental market also gets very noisy. Rents may increase, leases may be ending and people may be seriously considering their next steps. For many young professionals, this next step may be finally owning a house of their own. They may have year-end bonuses in hand, have finally saved up enough for a deposit or may just be tired of renting. Get them while they’re in transition and before the property market picks up speed again in February and March.
When putting up your property for sale in Bannockburn, consider meeting with a local real estate agent to find out if this is the right time to be selling!
