How to make the decision to sell
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YOUR KEY TO THE<br />
HIGHEST PRICE...<br />
Make <strong>the</strong> <strong>decision</strong> <strong>to</strong> <strong>sell</strong>!
Welcome <strong>to</strong> BTRE ‘Your Key <strong>to</strong> <strong>the</strong> Highest Price…’<br />
series. This issue will focus on <strong>the</strong> <strong>to</strong>p 3<br />
considerations <strong>to</strong> help you decide when <strong>to</strong> <strong>sell</strong> your<br />
property.<br />
Although you may not be in <strong>the</strong> market <strong>to</strong> <strong>sell</strong> right now, it pays <strong>to</strong><br />
educate yourself early on how <strong>to</strong> obtain <strong>the</strong> best price for your<br />
property and <strong>the</strong> best time <strong>to</strong> <strong>sell</strong>.<br />
This issue of ‘Your Key <strong>to</strong> <strong>the</strong> Highest Price’ will give you advice<br />
and tips on how <strong>to</strong> <strong>make</strong> <strong>the</strong> sometimes challenging <strong>decision</strong> <strong>to</strong><br />
<strong>sell</strong> your property.<br />
It’s time for change<br />
Change can generate mixed feelings. Depending on <strong>the</strong> type of<br />
change, you may be excited and ready for a new experience, or<br />
it may <strong>make</strong> you feel unsure about <strong>the</strong> future. Being prepared for<br />
change plays a big part in <strong>the</strong> <strong>decision</strong> <strong>to</strong> <strong>sell</strong> your property.<br />
Changes may include:<br />
• Your family is growing and you need a bigger property<br />
• Your children have left <strong>the</strong> nest and your property is now <strong>to</strong>o<br />
big and difficult <strong>to</strong> maintain<br />
• Your street or suburb is changing due <strong>to</strong> development<br />
• You’ve moved jobs and transport is a challenge<br />
• You want a lifestyle change<br />
Whatever <strong>the</strong> change, it is important <strong>to</strong> consider <strong>the</strong> influence<br />
<strong>the</strong>se changes will have on your <strong>decision</strong> <strong>to</strong> <strong>sell</strong> and <strong>the</strong> potential<br />
impact on <strong>the</strong> sale price.
Market conditions may be just right<br />
When considering <strong>sell</strong>ing your property, local knowledge and<br />
market conditions are extremely important in ensuring a<br />
successful sale and ensuring you get <strong>the</strong> right price.<br />
A strong market is <strong>the</strong> perfect time <strong>to</strong> downsize <strong>to</strong> a smaller,<br />
more affordable property. You can get <strong>the</strong> benefit of a higher<br />
price for your existing property and be in a stronger position <strong>to</strong><br />
<strong>make</strong> an offer on <strong>the</strong> property you want.<br />
A strong market can also mean <strong>the</strong>re are less properties<br />
available, so your property is likely <strong>to</strong> <strong>sell</strong> faster. Faster<br />
transactions means less time is spent on <strong>the</strong> property merry-goround<br />
and more time on <strong>the</strong> things that matter <strong>to</strong> you.<br />
If you are wanting <strong>to</strong> upsize <strong>to</strong> a larger property, a slower market<br />
may be ideal as <strong>the</strong> price difference between your current<br />
property and future property may be minimised.<br />
Financial fac<strong>to</strong>rs<br />
While you may not be ready for a change, or <strong>the</strong> market<br />
conditions may not be ideal, <strong>the</strong> third fac<strong>to</strong>r <strong>to</strong> consider when<br />
thinking about <strong>sell</strong>ing is your financial position.<br />
The value of your property may have increased (due <strong>to</strong><br />
renovations, community growth, local development or market<br />
conditions) and <strong>sell</strong>ing may be a great option <strong>to</strong> capitalise on<br />
your investment and consider alternatives.<br />
Even if you are not ready <strong>to</strong> <strong>sell</strong> your property, it is important <strong>to</strong><br />
have a trusted and professional agent on your side, as you never<br />
know when you may decide <strong>to</strong> <strong>sell</strong>.<br />
As part of <strong>the</strong> September issue of ‘Your Key <strong>to</strong> <strong>the</strong> Highest Price’, we<br />
would like <strong>to</strong> invite you <strong>to</strong> come and meet with us at Ben Tallon Real<br />
Estate so we can help you decide on <strong>the</strong> perfect time <strong>to</strong> <strong>sell</strong>.
Are you planning on growing your family soon?<br />
Have your children moved out and you wish <strong>to</strong> downsize?<br />
Is your property becoming increasingly difficult or expensive<br />
<strong>to</strong> maintain?<br />
Are you considering a ‘tree change ‘ or ‘sea change’?<br />
Are <strong>the</strong>re proposed community developments that will impact<br />
property value?<br />
Is <strong>the</strong> market strong?<br />
Is <strong>the</strong> market slowing?<br />
Are you financially prepared <strong>to</strong> move?<br />
Do you have a trusted agent <strong>to</strong> advise you when <strong>the</strong> time is<br />
right <strong>to</strong> <strong>sell</strong>?<br />
Shop 1, 34 High Street<br />
Hastings VIC 3915<br />
P 03 5979 8003<br />
F 035979 8773<br />
E realestate@btre.com.au<br />
Wendy Tallon, Direc<strong>to</strong>r - 0419 135 836<br />
www.btre.com.au