Spring welcomes fresh growth in the housing market. Here’s how to make the most of it.
Gardens are coming into bloom and the birds are chirping, which can only mean one thing – spring is here.
The warmer months are more than just a great time to clean out the garage. They’re also the best time to put your house on the market. Why? Because the sooner you can get a “For Sale” sign out the front, the greater advantage you’re going to have over other prospective buyers and sellers. You see, when you list early you’re more likely to sell early, which will set you up as a desirable cash buyer when the October/November rush really kicks into gear. You’ll have the pick of the market and the thing so many sellers desire - cold hard cash.
Then there’s the fact potential buyers will have spent the winter months pouring over interior design magazines and researching the market. By the time spring rolls around they’re absolutely itching to get going. Purchasing in spring gives them an opportunity to map out any renovations they want to make over summer, and from the minute they move in, they can get their hands dirty and muck into the DIY, a luxury the winter months don’t always allow for.
Competition also heats up, which creates a sense of urgency that’s great for sellers. In the spring and summer months buyers cannot afford to dilly dally about and mull over their options for extended periods of time. The pressure to place an offer is real because if they don’t, someone else will. If you’re looking to buy, you can prepare for this by walking into each open home with a clear idea of what you do want, what you don’t want, what you can afford to compromise on and what you can’t. Keep a clear head and make sure you carry out all the proper checks on your non-negotiables (sun orientation, school zones, garaging etc.).
If you’re thinking of selling, spring into action and get it listed as soon as possible. You certainly won’t regret it!