So, here's what seems to be a simple question that's a lot more complex than it seems:
Would you rather sell in a sellers market or a buyers market? Or maybe somewhere in between?
Well, this is the follow up question I always ask when people ask me if its a good time to sell.....what are you planning to do next?
The answer is different from client to client, therefore the answer to the first question of would you rather seller in sellers market is also different.
So, it's really a matter of what you're doing last, as oppose to what you're doing first. And maybe, selling your property, like an investment is the last thing you're doing without going into another property right away.
So, therefore, there are huge benefits in selling in the slow or a balanced market, especially if you're looking to transition into a new property.
Transitioning during a sellers market can be very stressful, especially in the second half of your transaction. So even though your property sold at the terms and price you want, now you gotta go househunting in the exact same manner.
Me personally, i prefer dealing in balanced markets rather than sellers markets. And even in slower markets, theres a lot more peace of mind in both the selling and buying process.
So slow down the gears, and focus more on what you're doing last, as opposed to what you're doing first.
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