Sell Now, or Wait til February?

Are you considering whether to  sell now or wait until the market “kicks” back in after Waitangi Day? A few of my sellers are trying to decide when to sell. We are in a good market now, maybe it will be even better in February.

Buyer motivation has to be a very important and overlooked consideration. Christmas is looming closer and many buyers want to conclude purchasing prior to the summer hiatus. We find that buyers are choosing homes that are close to or in the School zone of their choice. Buyers making a decision buy will be well prepared for settlement in late January in time for the school term. In the new year the buyer pool will change.

Over the Christmas break the next pool of buyers is deciding to move basing their decision on their new job or simply a New Years resolution to change their life style. They come back to Auckland around mid January looking for the first issues of the Property Press. New properties are usually listed around the 10th of February at the earliest. Those properties that go to Auction or a Set Sale will most likely do so after 3 to 4 week campaigns taking the sale date out to early March. With a settlement period of around 60 days, it is not until May that they can move in.

If you are considering a move and want settlement before April, best give me a call!