Like many industries Real Estate is being affected by the current lockdowns.
There’s a misconception floating around that people aren’t buying during these times.
In case you’re thinking that, I’d like to dispel that myth for you right now. Yes, people are still buying and we are finding that properties on the market are selling, often with multiple offers and for higher prices.
Madeleine here from Madeleine Hicks Real Estate and I would like to discuss an amazing opportunity that exists right now for people considering selling, especially those thinking about downsizing or moving to a sea change location.
…. but this opportunity will only last for a short while.
As I previously mentioned, well presented properties are selling fast. This means that currently there are far fewer available properties on the market.
With lower levels of competition – prices are strong.
Making today/now a great time to be selling.
Little competition, quick selling time and good prices.
However this situation will not last, as we come out of lockdown, we do expect to see a flood of properties coming onto the market. Unfortunately some people may be forced to sell, and be prepared to accept a lower price. Pushing all sellers prices down.
A large number of properties on the market means, more competition, slower sales and lower prices.
So if you have been considering selling there is currently a sweet spot in the market that you can take advantage of. Opportunities like this for clever property owners don’t crop up too often.
You can take advantage of this opportunity and we can show you ways that you can benefit today and also benefit from the expected tougher conditions in a couple of months time.
With reports that the price of houses may drop 30% due to the effects of Covid-19, this is an opportunity too important to miss out on.