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Buying – or selling – over the holiday period

If the festive spirit got the better of your property plans, don’t feel too bad. The real estate industry as a whole tends to wind down over the festive season but as 2016 begins to unfold it’s time to crank up the pace.


If the festive spirit got the better of your property plans, don't feel too bad. The real estate industry as a whole tends to wind down over the festive season but as 2016 begins to unfold it's time to crank up the pace.

If you are planning to sell your home in 2016, now is the time to act. Plenty of other would-be vendors have put their plans on hold, and let's face it between Christmas, New Year festivities, Australia Day and getting children ready to head off to school, there's a lot to juggle at this time of year.

Good reasons to list now

It can be tempting to postpone selling your home until the dust has settled on the whole holiday season. However many home buyers are eager to get back on the hustings to find their ideal property.

Some may be moving as part of a New Year job relocation. Other buyers are looking for a home in the catchment area of a great school in time for the new academic year. In some cases, buyers are re-evaluating their lifestyle perhaps as the result of a Christmas vacation and seeking a sea change or tree change.

Whatever the case, listing your home for sale in January offers a chance to capitalise on buyer enthusiasm at a time when fewer homes may be available in your area.

Remember too, the next few weeks offer warm weather that encourages buyers to attend Open Home inspections before the autumn chills set in.

Fewer buyers means greater negotiating power

If you are in the market to buy your first or next home, you too can take advantage of a quieter January market.

While other buyers are still planning their Australia Day barbecue, you have the chance to get out there and enjoy less crowded Open Home inspections.  Less competition also means having extra clout in price negotiations and that can see you save valuable dollars on the cost of your new home.

Most services are back in full swing

One potential downside of buying in January is that it can be harder to find a tradie to offer quotes on building work or renovations. However with most professional services now back in the swing of things, you should have no difficulty lining up a conveyancer or solicitor to handle the legal side of your property purchase.

Your local Mortgage Choice home loan expert is excited about the year ahead, and eager to help you enjoy a strong start to the New Year with the home loan that's right for your needs. Call us today on 13 77 62 to kick off 2016 with a brand new home.

Posted in: Home loans

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