There is not a home selling decision that came too abruptly nor too impulsively. Unless of course if you’re one very rich person who just buys and sells homes on a whim. Or some Hollywood big name or something.
But for the most of us, we are all tied to our homes and the debt that it came with. And selling it is a decision that’s just as big as the decision of purchasing it but mostly because the money for the new house largely depends on it too. That is why you have to get the house sold and have it publish in to PropertyReviews.my.
This is the RIGHT time
But did you know that apart from the how big and the how much aspects of the house, the when is also a big factor? Yes, the time of the year when you sell a house matters just as much in the success – or failure – of your house’s sale.
Not much on the superstitious and the psychological effect of the change of seasons in Malaysia, the time of year’s effect on the buyers’ perspectives is more financial. It’s about when they have the most money, when they have the least of expenses, and therefore, when they are most likely to buy a house from Mont Kiara, KLCC and Bangsar or etc.
And this can never get any simpler than this: sell in the months that come between the end of the school year and the start of it. And there are several good reasons why:
- Parents are inclined towards postponing buying the house to this season because moving is so much easier. There is no school to worry about, and most companies offer the most number of vacation during the Malaysia’s holiday season. Working parents can max out their vacays at this time of the year to help with the move.
- And since the kids are out of school, the parents don’t need to worry about moving from one school to the next in the middle of the school year. Something that is inconvenient for the parents and may be stressful and traumatic to the children who would have to be uprooted from everything they are familiar about in such a sudden manner.
- With kids out of school, the daily overhead costs of raising children prove to be much, much lower. And that can only mean a lot of extra cushion for potential buyers to spend on the house and the move.
- Most tax incentives and refunds are released around this time of year. Not a few home buyers wait until this time of year to buy their house because the tax refund is a definite big boost to the down payment money. And that can only mean great news in the mortgage department and to you as a seller.
If you play your cards right when selling your Malaysian house during this season, you are likely to sell your house much more quickly than when you do it at a separate time. Just make sure that you’ve done your homework on the other aspects of home selling; otherwise, even the best house at the best of season would not sell as successfully. Good luck!
Avoid spending money on expensive improvements that potential buyers may not be keen on. they may not regard your new hot tub, water feature or designer makeover as a desirable feature, and they’ll assume you’ve added the cost to your asking price. So save the cash and spend it on your new home instead. See this article from Express.co.uk.
I hope you enjoyed my first blog. Got problems? Email me at firstname.lastname@example.org and I’ll get back to you as fast as I can.