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You will regret selling your house in spring!

 
[Economic News]     11 Jul 2018
Australia`s housing market has traditionally experienced a period of calm in motivations, waiting for spring to come, gardens lush and sunny weather attracting more buyers back to the streets.

Australia`s housing market has traditionally experienced a period of calm in motivations, waiting for spring to come, gardens lush and sunny weather attracting more buyers back to the streets.

You will regret selling your house in spring!

But is spring really the best time to sell a house?

Groves (Hayden Groves), president of the Western Australian Real Estate Association (REIWA), said that while spring could be a hot time to sell homes, it could also mean more competition.

"in general, there is some optimism in the market, and once spring comes, sales tend to rise slightly, but it is also influenced by broader economic factors," Mr. Groves said.

"if you are going to sell a house and it is winter, you may think, `maybe I should wait until spring`, but you may be hurting your chances of getting good results. Because all of a sudden, you`ll meet a bunch of sellers who think so. There will be a lot of inventory coming into the market, but if buyers don`t keep up, then you are facing an oversupply market. "

REIWA`s data depict a situation that is quite different from the general market view.

Sales figures show that in autumn Perth actually sold more homes than any other season in the past five years.

You will regret selling your house in spring!

Those who really want to buy a house are not afraid of the rain

Real estate agents report that open houses tend to be quiet on rainy or stormy weekends. But Mr Groves says cold weather does not stop people who really want to buy a house.

"everyone likes to stay in winter, but no matter what the weather is, people who really want to buy a house will go out." He said。 "but those who have just entered the market, or are considering selling houses, just looking for similar properties in the market to determine how much their homes are being sold, tend to stay out of the house in bad weather."

Ferraro (Dominic Ferraro), sales manager at Limnios Property Group, agreed that sales activity would decrease in wet and cold months, but said it might be beneficial.

"Winter is a period of less competition. "it may rain or even a storm, but as long as the property is reasonably priced and in good condition, the buyer will come," Ferraro said. "people who really want to buy a house will go to see it with an umbrella, especially when the house is open for the first time."

Both Ferraro and Groves suggest picking a sunny weekend for the most important house-watching and auctions, if possible, but avoiding major events such as the AFL Finals.

You will regret selling your house in spring!

Position, position. And the direction?

Once the sales date is set, the orientation of the house and the amount of sunlight available may be key factors in determining the best time to open the house.

Architect Maxwell (Damien Maxwell) says most houses in Australia will benefit from their main living space and north-facing windows, because in summer the sun passes directly overhead, while in winter, due to the smaller angle of the sun, These spaces capture as much light and warmth as possible.

"if your house is going west or east, you may want to avoid extreme sun hours that may disappoint buyers. If the house faces west, you may not want to open the house in the afternoon because it can be uncomfortable. This is common in Western Australia, because the coast of Western Australia is on the west, so many houses are facing west. If your house is facing east, the sun shines directly in the morning, but people will not be frightened away by the morning sun, because the temperature is not high, but can create a brighter atmosphere. "

You will regret selling your house in spring!

No rules apply to all houses

Groves`s advice to sellers is to consider when the house is most attractive when choosing when to sell it.

"the old house on the outskirts of Perth faces halfway north, has a fireplace, and it looks comfortable in winter, so you can show your house very well." "similarly, if you sell a house in the summer, then a house with a pool always sells better at the beginning of the summer," he said. As a homeowner, when you consider selling a house, think about the season you like best to live at home. "

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