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With the prospect of interest rate cut coming in the next few months, and with the warmer months approaching, it signals a good time to sell. Although the best time to sell depends on the circumstances of the seller, Seeff says it can be said that certain times of the year bring more buyers.
The summer months also coincide with the lead up to the end of the year. This lead up period usually sees an uptick in buyer activity. Families tend to look to move closer to schools or universities. Buyers who want to upgrade will also start looking from Spring if they want to purchase property by the new year.
With the festive season looming, buyers may feel a sense of urgency to get their offers to purchase in as soon as possible so that they can settle into their new home before the holidays. Sellers must therefore consider the priorities if they are thinking of selling right now. Seeff says further that you should ensure you price the property correctly as you would not want to put people off by overpricing, it is simply not a good selling strategy.
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