Calling all home sellers and buyers: Get ready for November – it’s going to be huge.
For 2020, our big selling season in Victoria will be November and December. The real estate shutdown has created an unprecedented level of pent up demand in a period that is normally the busiest season of the year.
Now that photography and floor-plans can be arranged, marketing campaigns that had been put on hold can resume. Buyers are hoping that there will be the usual influx of property on the market for spring.
Those vendors who are still weighing up whether to sell or continue to wait, would be well advised to take advantage of the shortage of supply and the huge level of demand. With only three months until Christmas, potential vendors will need to act now if you want a 2020 sale.
As an experienced real estate agent in the area, I know for a fact that there’s substantial pent-up demand among buyers.
So, if you’re still planning to sell your home, then you need to start preparing now.
To sell quickly and maximise the value of your property, you need to present your home beautifully. It’s not just about impressing prospective buyers but also competing against similar homes in your area that will be on the market, too.
I advise all my clients to take their time in preparing their homes. They should focus on curb appeal to create a fantastic first impression, fix the small problems around your home and undertake a major decluttering project.
Summertime sales campaigns have distinct advantages over those in spring as buyers have more time, as the evenings are longer and this is when they often take time off work.
If you want to auction your home, then I recommend you go under the hammer in late January or early February to ensure most people are back from their vacations. This provides the opportunity to once again follow up with those who had expressed an interest in the property during the sales campaign.
If you would like any real estate advice or a price estimate on your home, please get in touch with Sunny Gill.