Property marketing tips for hitting the ground running this January: He said/she said
Don’t let January slow you down, say property commentators Jonathan Chancellor and Margie Blok.
While the real estate market eases off towards the end of the year holiday, especially after an action packed, hectic year for buyers, sellers and agents, sales do continue right up until Christmas Eve, and now throughout January.
So here are some tips on how to make the most of the new year.
Follow up on those properties that failed to sell at auction during November and December 2014. The owners of these properties might just be getting a little anxious, especially if they have already bought another property. With their properties languishing on the market for weeks, these vendors could be more willing to now accept a reasonable offer.
Auction clearance rates trended down a tad through Spring, so keep an eye out for those passed in prospects and, where appropriate, put in a tough offer because you never know what sort of pressure a vendor will be under.
Use this time to research sale prices of end-of-year listings – the late Spring/early Summer auction market was quite frenetic, so take the time to assess where values now sit, and then you can be knowledgeable about pricing the offers you make.
Hot summer weather, and families away on holidays, usually means a decrease in the number of attendees at inspections – so this could work to your advantage because competition for properties in popular price brackets may not be so strong.
Be ready for the next opportunity by creating daily or weekly alerts for new listings on real estate websites.
Image courtesy of Vichaya Kiatying-Angsulee/FreeDigitalPhotos.net