When to sell an apartment?
Sale and purchase of an apartment is an important step in the lives of many people. Some want to sell their property at a higher price, while others, on the contrary, buy it at a very favorable price for themselves, and even at a discount. Our recommendations will help you figure out when to sell an apartment.
The demand for housing is influenced by many factors, such as:
- economic environment;
- political situation;
Political and economic situation
The purchase and sale of housing is influenced by the political and economic situation in a country or in a particular region.
Studies conducted in different countries during the crisis show that at this time there is a decline in the real estate market. Therefore, apartments of the secondary market are trying not to sell because of the decrease in their value. At this time, mainly apartments in houses under construction are sold. For a more profitable sale of housing, you need to be patient and wait for the situation to improve when housing prices increase.But for buyers this period is very favorable, because you can save on the purchase of housing.
However, according to experts, no factors can affect the sale and purchase of housing, if both parties are satisfied with the conditions of purchase and sale. If you take into account our recommendations, you will be able to profitably sell your housing at any time.
In order to sell a house and get the desired amount for it, an apartment needs to be prepared for sale, since for many buyers the question of the condition of the apartment almost comes to the fore, as many want to move in quickly.
It is worth noting that the time of year greatly affects the purchase of housing. Thus, during the holidays in January and May – July, much less apartments are sold than in other periods. Therefore, if you need to sell an apartment during this period, you will have to make a very good discount. But it is best to take the time and wait a few months.
Apartments are actively starting to buy from the beginning of August until the end of September, in order to finish the renovation before the cold weather and move to a new apartment. It is also connected with the beginning of the school year, and wealthy parents try to purchase housing for their children who come to the megalopolis to study or to work.But for buyers this period is not very favorable, as prices rise by 20 - 25%.
If you want to sell housing in a big city, then in the fall the demand increases and you can get the amount you have planned, while in the suburbs the opposite is true: summer is a good time to sell your home.
Important! Before you put an apartment for sale at any time, you need to monitor the market: view newspapers and online ads in order to assess their chances of selling housing.
If you have decided on when to sell an apartment, you still need to figure out how to sell an apartment and how to prepare it for sale.