Is it a good time to sell my house?

One of the most frequently asked questions by clients who come to us in recent months. We have the answer.

During the lockdown, many people started to think about moving house for different reasons.

The coronavirus and teleworking in times of the pandemic have accelerated the so called 'replacement demand' so the sale of the first home will mark the success of the rest of the process.

During the lockdown, many people started to think about moving to a new house, for a variety of reasons. To enjoy a terrace with light and air, a house with a garden for the children to play in, a house on the outskirts of the city. And this is good news for those who are now thinking of selling.

The demand for buying homes, both inside and outside Palma, is increasing.

In this case, it is people whose jobs have not been affected by the health crisis or investors who are looking for opportunities to renovate, rent or resell.

The bad news about putting a house up for sale at this time is that the market is going down and it is possible that the price of your home may be far from the price expected a few months ago.

If you are wondering whether it is a good time to sell your house, we recommend you to consult with real estate professionals.

A professional will advise you and guide you through the selling process, valuing your property according to its type, location, and market prices in the area.

A correct initial valuation price and correct marketing are key to a successful sale.

If you try to ask for more for your property, without assessing the current market situation, you could make a serious mistake: you could generate rejection in the client who really wants to buy and, as a result, your house will be on sale for too long, generating mistrust among the buyers.

In addition, a good real estate intermediation will help you to avoid unserious, aggressive offers or offers that could steal our time and energy.

Finally, if you really want to sell your house and you need help and advice, do not hesitate to contact us. As always, we will be delighted to help you.