Property Selling Tips
With all the recent news about a nationwide property slowdown, you might be wondering: “Should I wait to sell my home?” The good news is that most regions around the country are showing strong signs of recovery, with experts predicting the market will continue to pick up later this year.
So, if you’ve been thinking about selling your property, now is a great time to start preparing to make sure you’re ready to put it on the market when home prices are once again on the rise.
Whether you’re downsizing, moving to another suburb or selling an investment property, putting your property on the market can be overwhelming. After all, there’s a lot to think about: How much should I ask for? How do I choose the right agent? What do I need to do to secure the best sale price?
To help you get started, we’ve rounded up our top tips for preparing to sell your house this summer.
1. Do your market research
Knowledge is power when it comes to selling your home. Here’s what you need to consider before it goes on the market:
- The value of your property – Get a property estimate online or have your home appraised by a real estate professional. This will tell you how much you can expect for your property, and what you can reasonably ask for.
- Market trends – Research your suburb to see how property price growth is tracking in your area. Ideally, you’ll want to sell over the summer if prices in your area have been trending upwards in recent months. Your real estate agent should also be able to provide you with the market trends in your area during your home appraisal visit.
- Average time on market – Find out how long you can expect to wait before your home sells after you put it on the market.
- If you’re thinking about putting your property on the market, check out our tips for selling a house quickly.