The Weekend Post - Real Estate
Get ready for spring sale frenzy
SPRING is set to be a fierce time in the property game.
While it might already be the best time of year in the Far North, spring is traditionally one of the busiest times for real estate agents during the year.
According to real estate giants LJ Hooker, there is a widespread belief that spring is the best time to sell your home because of the perception of a sunny disposition amid blooming flora and fauna.
“Economics 101 states that in an ideal world, supply will meet demand and vice versa,” according to an LJ Hooker spokesman.
“Common tradition dictates that both supply and demand increase substantially during spring, but the market still leans towards those who are selling.”
At the moment, houses in Cairns are on the market for an average of 88 days — according to Corelogic RP Data.
Cairns agent Karl Latham said home sales during the season were historically at their highest compared to other months.
“There are so many buyers at that time, especially out-oftown professional transferees that want to be able to have their children settled in a new home before it’s time to start the next school year,” he said.
However, according to LJ Hooker the flurry of homes going onto the market also creates competition.
“Use a real estate agent,” the agency recommends.
“Having a real estate agent to help you with the process of selling your home can really make a difference when it comes to standing out from the crowd.
“Not to mention being able to handle any negotiations you may have with potentially difficult buyers.”
Here are some top tips for getting your home ready for sale. Top tips before you hammer in the ‘for sale’ sign.
Declutter and depersonalise.
Touch-up the paint work (or repaint).
Tidy and landscape the garden — first impressions count.
Consider selling unnecessary furniture and either buy or rent statement pieces for the ultimate in presentation.
Search other homes in your area with the same number of rooms, land size and features. Make your home appear better than theirs.
Fresh linen, yellow flowers and a bowl of apples on your dining table or kitchen island are all subtle staging tips before you open your doors to potential buyers.