It’s Better To Sell In Isolation, Not In Competition
We all know that Spring and Summer are the peak selling periods in the Toowoomba property market, but there's a very real benefit to be had in coming to the market before that increase in properties available for purchase hits.
It’s been a very buoyant sellers’ market since this time last year, driven by historically-low interest rates and favourable lending policies combined with a COVID-related reduction in the number of properties coming up for sale. As buyers continue to enter the market, competition for those properties available has been stiff. Much of this competition will dissipate once the number of homes coming on for sale increases in Spring and Summer.
If you’re thinking of selling, would you rather do it in relative isolation now or in competition with a much larger number of sellers later in the year?