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Getting Ready for the Spring Sale Season

1024 683 Nisha Muire
Toronto might be in the grip of winter’s deep freeze, but that means it’s the perfect time to start thinking of the upcoming real estate season. Yes, the market might be very slow right now and if you are either looking for a new home or putting your home on the market, you might be getting discouraged at the lack of inventory and buyers out there. However, don’t despair! January is typically the slowest month of the year in terms of home sales. The hottest selling time is always between March and June, but that doesn’t mean it’s the only time to sell or buy and it might not make the most sense for you to do so during that time period.
 
Sometimes, it is best to sell/buy just before or after the peak real estate period. After all, if you are selling and buying, then getting a good price is definitely something you want, but you should also be able to buy something within your price range after you sell. So, sometimes timing your sale and purchase to suit your needs is best. For instance, buying in August or September as opposed to May or June will save you from bidding wars, but then you might consider selling ahead of time in May or June so that your own property will sell at the highest price.
 
Making the market work for you is the best way to maximize your investment and your purchasing power. And, hiring the right real estate agent is the best way to make this happen. A good agent will understand the market in the neighbourhoods in which you are interested and will know when it right to sell and when is right to buy. A good agent will also be able to help you steer the variables of the market properly and can bring in the right buyers.
 
Looking for an agent should take place well before you decide on selling or buying. You should meet with several to get a feel for who might best represent your needs. January, is a great month for putting plans into motion and for preparing for the months ahead.

Author

Nisha Muire

All stories by: Nisha Muire