With so much negativity being broadcast by some sections of the media recently, you could be forgiven for assuming that the Victorian property market had ground to a complete halt since ‘social isolation’ became such a common part of our language.
However, when you start looking at what’s really happening in the real estate world, you soon realise that property is still being bought and sold right around our state.
Yes, the volume of sales is down, which is hardly surprising when you consider how many people have had a change in their employment status with no real certainty of how long this situation will last. However, now that the uncertainty regarding property inspections has been resolved, buyers are now able to make appointments to inspect a property for sale, whether someone is living in it or not, and judging by the number of recent sales buyers are clearly doing just that.
It is also worth remembering that the requirement for private inspections has meant that those people inspecting properties for sale are far more likely to be serious buyers, as opposed to the percentage of people who were attending Open Houses who were really only going for a ‘sticky beak’.
There are two key elements to achieving a good result if you are selling a property at the moment. The first step is to ensure that you stay informed on what is really happening in the property market, which is where our booklet, “Fatal Real Estate Traps Exposed”, is particularly handy. This publication outlines the common mistakes that home sellers can make and guides you on how to avoid them. You can DOWNLOAD IT FOR FREE while you’re here.
Of course, the second key element is to get experienced, objective advice that is tailored to your specific goals and circumstances. Our experienced Vendor Advocates will fully inform you of all of your selling options and set you on the right path.
If you would like an obligation-free chat with an Advocate, you can us on 9430 0000.