THE BEST TIME TO SELL OUR HOME

There is no straightforward answer to this as various factors are at play, both within and beyond your control. The basic tenet of supply v/s demand applies here and influences the market type, the ideal time of year, and even the buyers’ interests towards specific localities and properties.

A sellers’ market would be most beneficial to you as it is a period of high demand and low supply. More buyers competing for limited properties means your home will sell for more.

If you live in a coveted district or prices of homes in your neighbourhood are on the rise, it’s probably a good time to sell. The location creates desirability, and desirability creates demand, and demand in-turn raises prices. 

It would be advisable to stay on top of market trends as some property types are more in demand than others. When it comes to selling your home, the right timing can spell the difference between making a profit or a loss. 

Considering these key factors can help maximize your return and minimize your property’s time on the market. And so, it is imperative that you have an experience and reliable agent by your side to help you navigate this overwhelming and often emotional process.