According to the Telegraph – some areas of the UK have 1500 buyers going after just 150 properties on the market. If you want to sell your property – perhaps this is the perfect opportunity to do just that. Still unsure?
Certainly the best time to sell is when there are the most amount of buyers actively looking to buy. This is undoubtedly due to the positive effect that competition has on achieving the best possible sale price.
Any buyers competing over your property will inevitably increase the offers. When you sell your property, this is a key factor behind getting the best price.
But in general this a very tough market for sellers. In some areas of the UK where there are similar numbers of buyers and sellers, you are not going to get the returns you are hoping for. An increase in the number of properties available for sale relieves the upward pressure on prices. That is good news for buyers but not so encouraging for sellers.
If you need a home – then you should look at todays market as the opportune moment. You won’t have a problem finding well priced properties – but you may find it more difficult getting a mortgage. On the other hand, if you are looking to but property as an investment – you may want to think twice before putting your money into something that may well be worth considerably less in a few months time.
But wherever you are in the world – there is an easy way to test the Real Estate market – without spending any money or wasting valuable time doing it. Try Khusan!
In 2010 an innovative Real Estate Classifieds Listings portal was launched that allows both buyers and sellers alike to advertise. The concept is based on the ‘For Sale by Owner’ premise where property owners can advertise at no cost and users interested in a property contact the owner directly. Khusan, as the portal owner has no intermediary role between buyers and sellers.
So test the market yourself. See who is interested in your property – without any obligations.
All classified ads on Khusan are FREE and visitors from around the world are visiting the site daily to check out the latest properties that have become available.
Khusan operates out one of the former merchant hubs of the world, Amsterdam, the Netherlands.