16/05/2023
The Best time to sell your Home is when others aren’t selling
If you’re thinking about selling your home/ house/investment property, you should know the number of residential properties for sale right now is low, extremely low. That is because, this year, for various reasons, there are fewer sellers listing their houses for sale than normal.
Looking back at every May since 2015, the only year when fewer sellers listed their homes was in May 2020, when the pandemic hit and stalled the housing market.
In more typical years, many sellers add their homes to the market in April/May. This year, in Cork we are seeing fewer sellers entering the market.
There are a number of factors contributing to this trend;
lack of places to move to (for those looking to trade up),
doubts about the market,
problems in getting vacant possession from tenants, etc
While this wait-and-see approach is right for some sellers, it also creates an opening for more eager sellers to jump in now. Why compete with other sellers when you don’t have to?
If your current house truly doesn’t fit your needs anymore and you’re ready to move, don’t miss this chance to stand out. When fewer sellers are putting their homes up for sale, buyers will have fewer options, so you set yourself up to get the most eyes possible on your house. That’s why your house could see multiple offers as buyers compete over the limited supply of homes for sale – especially if you price it right.
Global Properties (Cork & Ballincollig) say that “while Inventory levels are still at a historic low, we are receiving multiple offers at or above asking prices on a many properties.”
The bottom line is, if you’re ready to sell now, beat the competition before it comes onto the market. If you do, your house should stand out and could get multiple offers. Partner with an experienced Property Sales professional (Like [email protected]) to get your property on the market and sold.
https://globalproperties.ie/seller/