Why people sell in spring

The temperature is warming up, Jacaranda trees are beginning to bloom and an influx of ‘for sale’ signs have popped up in your neighbourhood – spring is well and truly here.

It is a commonly held belief that spring is the best time of year to sell, with many sellers often holding out until the end of the year to list their properties. Andrew Trim, Managing Director of The Johnson Real Estate Group, says the reason why the real estate industry heats up during the spring season stems from a multitude of reasons.

“Some people feel the warmer months assist with making their property appear more attractive to prospective buyers. Gardens are greener, swimming pools are more inviting and the sunlight gives homes plenty of natural light – which can be lacking in winter. Everything appears more vibrant, and with presentation of paramount importance, sellers feel the warmer months can help with the selling process,” says Mr Trim.

“Buyers tend to be more active later in the year, as many hope to be in their new home by the holiday period. Families like to be settled in their new home so that children can be enrolled in their new schools before the new year commences. This certainly can make for favourable selling conditions,” he adds.

Although spring proves to be a busy period for the real estate industry, it can also lead to more competition on the market. Prospective vendors should ensure their properties are presented well to attract buyers.

Read about keeping your home fresh and presenting your property for sale here.

 

About The Author
Andrew Trim

Andrew Trim

Andrew Trim began his real estate career in 1992 after competing at the Barcelona Olympics in the sport of kayaking. Although his Olympic career continued through the Atlanta and Sydney games, where he medalled in both, he continued to take an interest and be involved in property. Andrew purchased his first real estate business, Johnson Real Estate, soon after the Sydney games. It was a small team of five people, including one who remains as one of his business partners today. In 2007, Andrew led his business to win ‘Office of the Year’ at the Australasian Real Estate Awards. Since then, Andrew’s company, now called The Johnson Real Estate Group, has thrived and grown to incorporate multiple sales offices and an exceptional property management business that operates across south-east Queensland.

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