The days are getting longer, the weather’s warming up, the garden is in full bloom – it’s no surprise that spring is one of the busiest times of the year for the property market. Here’s five reasons why you should make your next property purchase in spring…
1. More choice
Typically home owners unbatten the hatches after hunkering down for winter and put their homes on the market hoping to get relocated before Christmas. As a consequence a lot of stock comes on the market and as a buyer you can relish the luxury of choice – something this active post-quake market has lacked.
2. Seasonal transition
With the weather transitioning from winter to summer spring is the ideal time to view a home from “both sides of the fence.” With chilly mornings still an occurrence, this is a good reminder to check that the home is well insulated and has an efficient heating system. It is easy to fall into a false sense of reality in summer when the weather is milder and the sun shining, not remembering to check these ever important essentials…
3. Sellers’ motivation
With heightened competition in the market and sellers often having timelines in mind it is inevitable that their motivation to get the job done is increasing. It is often a good ideas to check with the agent why the seller is selling as this often provides an indication of just how serious they are about selling.
4. A shift in power
When it comes to negotiation, with more stock on the market, sellers are conscious that they are competing for your custom hence do not have the same power when it comes to negotiating a sale. A wise seller is less likely to hold out for a high price when they know they have to compete with other sellers. It’s the simple dynamic of supply and demand. It is a good idea to keep a close eye on the market to identify these seasonal trend shifts.
5. Team Griff’s buyer support
With our team expanding, we have two dedicated sales consultants working with buyers focusing on sourcing that right home for you. Contact us today to go on our hot list!