Buying
Keep up the search
26-Dec-2016
Whilst houses are not included in the Boxing Day sales, the Christmas / New Year period can be a great time to buy a good quality property at a good price.
1. Less buyers – 2015 was a really hard year for property buyers but 2016 has been a little kinder. There has been so much competition for limited properties that some buyers are just plain tired. So while everyone else is taking a rest, it’s a great time to make offers on properties with very little competition.
2. More off market options – real estate agents already know which owners are going to sell in the New Year and therefore you may find out about some great off market options.
3. Less pressure to act quickly – with most buyers resting and therefore less competition, this gives you a far better opportunity to negotiate effectively without pressure from other buyers.
4. Opportunity to structure a deal – the December/January period can place a lot of strain on sellers. It may be an interstate move for work, the need to settle children into a new school or absence for family holiday that distracts them from the sale for their property. Understanding these strains and structuring the terms of an offer to suit the seller can save you a lot of money.
5. Plenty of time to enjoy your new pool for the rest of summer – the warm weather does last well into March in Sydney but this is definitely the best time of the year for swimming!
6. Settlement will occur in the peak rental period – for investors it is important to be negotiating leases in the peak rental periods during the year. Mid-January to mid-February is historically the best time of year to be looking for new tenants.
Our team are looking forward to returning in 2017 for another fantastic year full of record sales and lots of very happy clients!
Based on an article - Property Pursuit (http://www.propertypursuit.com.au/7-reasons-to-keep-up-the-search/)
1. Less buyers – 2015 was a really hard year for property buyers but 2016 has been a little kinder. There has been so much competition for limited properties that some buyers are just plain tired. So while everyone else is taking a rest, it’s a great time to make offers on properties with very little competition.
2. More off market options – real estate agents already know which owners are going to sell in the New Year and therefore you may find out about some great off market options.
3. Less pressure to act quickly – with most buyers resting and therefore less competition, this gives you a far better opportunity to negotiate effectively without pressure from other buyers.
4. Opportunity to structure a deal – the December/January period can place a lot of strain on sellers. It may be an interstate move for work, the need to settle children into a new school or absence for family holiday that distracts them from the sale for their property. Understanding these strains and structuring the terms of an offer to suit the seller can save you a lot of money.
5. Plenty of time to enjoy your new pool for the rest of summer – the warm weather does last well into March in Sydney but this is definitely the best time of the year for swimming!
6. Settlement will occur in the peak rental period – for investors it is important to be negotiating leases in the peak rental periods during the year. Mid-January to mid-February is historically the best time of year to be looking for new tenants.
Our team are looking forward to returning in 2017 for another fantastic year full of record sales and lots of very happy clients!
Based on an article - Property Pursuit (http://www.propertypursuit.com.au/7-reasons-to-keep-up-the-search/)