This would have to be the second most common question we are asked, right behind “How’s the market?”
Please let me preface this with saying – the advice I am providing is based on our area of the market. Be sure to connect with a local realtor in your area to ensure you’ve picking the timing right for you.
The ebbs and flows of real estate are going back to market conditions based around a couple of areas, mainly now when the RBA meet (that is the first Tuesday of every month, with exception to January) and also school holidays.
When it comes to school holidays, traditionally families and those that are dual incomers are exhausted come the start of school holidays, and they can take a break for a few weeks to devote to family. This isn’t the best time to launch a home (especially the start of the holidays) as you may see a decline in the buyer enquiry generated.
Also, being aware of interest rate predictions and avoiding a launch around an interest rate increase could also see the first 10 days of your campaign fall flat of expectations.
These are just guidelines, and while no one can predict the future, it is smart to have good understanding around your target market and understanding their behaviour nuances.
Let me know what you think, drop me a line.
Kathleen
