Raine & Horne Surfers Paradise - Latest News

HOT PROPERTY | IS IT TIME TO SELL? 

Real estate is always a hot topic of discussion and often thought about by property investors.

Deciding to sell can be overwhelming as you enter the unknown of pricing the property, how long it will take to sell, and whether it will be easy to find a new property.

If you have been thinking about selling, consider the following influences that can help you decide:

• You have considerable equity in one or more of your properties and the available income to sustain a sale transaction and pay a new mortgage
• You have the available time needed to sell and buy a property
• You are emotionally ready to make a move
• You have outgrown your property and need to upsize
• You no longer need the space in your property and need to downsize
• You want a more desirable location to suit your current or future needs
• You have become aware that prices are rising as a neighbouring house has just sold for a record price, and your local market conditions are booming

At the end of the day, the best advice is to keep a level head and know that it does not really matter when you sell or buy, as it will be the same market conditions today or tomorrow; unless you are entering into just one transaction of either selling or buying that can have different outcomes.

The secret is always to do your market research and seek advice from professionals.