The Best Time to Get the Best Price
• The first 6 weeks on the market is the positive selling period • The first 3 weeks on the market is the ‘New Release’ phase on the market and the perfect time to sell • Buyer interest drops significantly after week 6
3. Process The best method / strategy for you and your property, the sale process and timelines. There are 4 methods of sale: 1. Asking Price 2. Best Offer (Expression of Interest) 3. Auction 4. Set Date Sale (combines Best Offer and Auction) All 4 methods have their place in the market and ultimately the final choice is yours. So it’s important to choose the strategy that best suits you and your property. The positive Selling Time is the first 6 weeks on market and the ideal Selling Time is the first 3 weeks when your property is a ‘New Release’, so let’s consider the benefits of each method as a Seller.
