Prepare now for the Bounce Back
“The tougher the lockdown, the quicker the bounce back for the property market” Domain, Oct 22, 2020. It appears that once restrictions are lifted the property market bounces back at an unprecedented rate. This was seen in Melbourne after the stage 4 restrictions eased in early October 2020 and the Sydney property market also experienced this after the lockdown in early 2020.
We are expecting this to be the case again once restrictions ease as there is minimal stock on the market with many owners delaying putting their property up for sale. We are anticipating a flood of listings into the market from mid to late September 2021.
If you take advantage now to prepare your property for sale, with styling, photography, preparing contracts, legal and financial advice, you are ready to launch as soon as possible and beat your competition to maximise the value of your home. Timing is everything and you can capitalise on a seller’s market where homes are scarce and buyer activity is high before the market becomes saturated with new listings again.
If you are thinking of selling, we would encourage you to not put your property plans on hold. We are fortunate to be able to service our clients throughout the current lockdown in Sydney. Since March 2020, our business and team is able to work remotely, from anywhere, and deliver a high level of service. We also work with some amazing Covid-safe partners, who offer remote services, for example a remote styling service to help you prepare your property for sale.
Contact us today for a chat about how you can start preparing your property now to capitalise on the post-lockdown bounce back and stay a step ahead of your competition.