“When is the best time to put my house on the market?” is one of the most frequent questions I get asked by Sellers.
There is no question that timing is a critical factor in determining the amount of money you can expect to get for your home but real estate prices are influenced by many factors and timing is just one of them!
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Your personal motivation to sell and Supply & Demand are two other very important factors that also determine how you can maximize your return when it comes to timing.
Simply put, when there are more homes for sale than there are Buyers (too much supply and not enough demand), then prices will decrease until the demand equals the supply. Conversely, if there are more Buyers than homes (limited supply and high demand) then prices will rise until the demand begins to fall and equals the supply.
Typically the busiest times of year for real estate are in the Spring and the Fall but that doesn’t necessarily mean you should wait until then to sell your home in order to get the most money for it as you will also have the most competition from other inventory during these periods.
So, when is the right time to sell your property? There’s no one-size-fits-all answer to this question. Are you thinking of selling and wondering how these factors may affect you, contact us today and we’ll discuss all of these factors and a few others before developing our action plan to maximize your return when selling your home.
We were first time buyers and quite overwhelmed with the process at the beginning. Fortunately, My friend recommended and we got to work with Jayashree as our advisor, who helped us navigate the process and made sure we understand everything each step of the way. She’s knowledgeable, responsive, and always on the reach. Thanks to her expertise and negotiation skills, we were able to find the perfect home we loved.
Jayashree was a pleasure to work with! This was my first time getting my own condo in Toronto and it was pretty overwhelming. Thankfully ,She made the process smooth and fun! I am happy my financing was also taken care I felt like so much was offloaded and the entire process felt good. I highly recommend her!
Jayashree did a great job selling our home in Oshawa. We strongly recommend her services and would certainly use her again when we sell our next home. She took her time with us, was always quick and responsive throughout the whole selling process, and never insisted on selling our home for less than we were comfortable with, like some other agents we had in the past. Thank you Jayashree, you are the best!
Jayashree was an excellent real estate professional. We called her with a very short timeline to rent out our condo unit. As an incredibly reliable agent, she found us a great tenant despite the time crunch. We greatly appreciated that she is a landlord herself and also has real estate investing experience. She added a lot of value providing her advice throughout the process. She also gave us the option to be included in the tenant interview – which we felt was extremely helpful in assessing the quality of the tenant. We also really appreciated how responsive and proactive she was, which alleviated a lot of stress for us. We loved working with Jayashree and look forward to working with her again.