Keen buyers are being urged to keep their eyes peeled for property bargains over summer, ask as experts report an emerging trend for vendors to list earlier in the year. With a pool of pent-up buyers ready to pounce, agents are reporting more homes on the market in mid-January and early February.

 

For buyers, there are likely to be bargains around in the lead-up to Christmas, as vendors who have listed their properties will be keen to sell. They might have had a failed campaign in late November, and the seller’s motivation is quite high. Also, the feeling of having Christmas coming towards you almost acts as a trigger. If there’s an offer on the table that may have been laughed at a month earlier, the seller might be thinking about what their next best option is. Buyers to take advantage of less competition over the holiday break. If you like something, make a strong offer, a lot of properties might be scheduled for February auctions, so if you like them, do your due diligence and give it a shot. If you’re making a good offer, some of these vendors might take it so they can enjoy their holiday break. You’ve got less competition from other buyers, so I think it makes sense that if you’re around and there’s opportunities there, there’s going to be fewer buyers biding against you.

 

Heading into the New Year, vendors, think about listing early the next year. There’s a pent-up demand in late December and early January where there haven’t been any properties come onto the market, so there’s a huge pool of buyers by the time we get to February

*source www.realestate.com.au

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