When is the best time to sell?

This week in the Ask the Professional in the Coolum News, Steve Lane was asked, When is the best time to sell.  See below what Steve had to say:

Like so many property related matters, everyone seems to have an opinion on exactly when is the best time to put your property on the market,  “wait until Spring” or “the market is strong, sell now before the bubble bursts”. In reality, buyers looking for a property to live in, purchase properties every week of the year. It simply depends on their circumstances; have they just sold or have they just moved to the area.

As a vendor the most important consideration is your current circumstances and what will work best for you. Are you happy to continue living in the property? Can it be rented? If you are waiting for the market to improve, how long can you afford to hold it? Timing the market is difficult to pick. Nobody rings a bell when the market has hit the bottom or reached it’s peak. While it’s important to maximise the sale price, consider what works for you rather than waiting for the right market. Selling property is often emotional, so gather as much information and evidence to help you make an informed decision.