It is commonly understood that life doesn’t wait for us, and the same holds true for timing the property market.
The most talked about factor involved in property is profit. However, finances are only the tip of the iceberg, with lifestyle and future plans playing arguably a bigger part in your decision making.
“Property is meant to serve you, for whatever purpose you deem fit,” says Shannon Willcox, Sales Agent at Northern Realty.
For example, you may need to upsize for your growing family, downsize as your children leave the nest, or maybe you just need a change of scenery. Although they are generally exciting times, these factors arguably take priority and rarely align with property market movements.
Sometimes, unfortunate circumstances can force your hand in terms of decision-making with property. Separations, forced re-locations or the passing of family members are life-changing events that may create adjustments to your property journey. They too, never wait to ‘time the market’ and usually require quick decision-making. Whatever the situation, make the timing work for you and your unique set of circumstances.
“‘Home is where the heart is’, is a saying for a reason,” says Shannon.
“The emotional impact of selling your home can take its toll and engaging an Agent can create a degree of separation between yourself and the emotional grind involved in the process.
“Chat to your Real Estate Agent about your wants and needs – we are humans too, we get it!”
Your Real Estate Agent should guide you through this process, to achieve the best outcome across a variety of factors. This includes things such as appropriate settlement times, market preparation on your behalf and a smooth, hands-off selling process.
There is more that goes into property than a purchase price and a Real Estate Agent can negotiate the other factors on your behalf.
So, remember that your property journey needs to align with your life journey, not the other way around.
Click here to read an earlier article from Shannon Willcox – The Property Game in 2023