If I was a seller, what would I do?

In Brisbane, like many other cities around Australia, the real estate market has undergone significant changes. Prices have moved and buyers are harder to come by. Even still, prices are historically high compared to 3-5 years ago, meaning there is still an opportunity for most owners to sell their property and achieve a significant capital gain.

Sell now? Or hold?

The decision of whether to sell now, in Brisbane’s current market, comes down to this question: What else do you plan to do with the money?

Selling your property in Brisbane makes sense if freeing up capital will increase your freedom, reduce risk or liability, or allow you to invest in another asset like a bigger house, or a new business venture.

In short, selling is worthwhile if it allows you to do what you want to do.

While some Brisbane property owners with a mind to selling may choose to delay going on the market and wait for buyer demand to improve, but it’s important to note that predicting market movements is extremely difficult. No one knows what is going to happen in future. Prices may fall or increase, or plateau for an extended period.

That’s why we suggest working out what is right for you, right now. Rather than trying to predict the unpredictable.

Maximise your chances of success

Once you decide to sell your Brisbane property, there are steps you can take to maximise your chances of securing a buyer in a reasonable period of time.

Step 1. Start preparing well before you go on the market.

Rectify any outstanding issues with Brisbane City Council
Take care of small repairs that would show up in a building inspection report
Have a working bee in your garden
Freshen up paintwork in well-worn areas
Take a look at what else is on the market in your area
Analyze current listings and recent sales in your Brisbane neighborhood to gauge market conditions accurately. Thorough research is key!

Understanding Brisbane’s current market dynamics will help you make informed decisions regarding your property. Don’t skimp on research!

Step 2. Look for an optimistic real estate salesperson with a plan.

Hire a real estate professional in Brisbane who understands the current market and can approach it with positivity. Avoid agents who come with a doom-and-gloom approach.

Step 3. Marketing strategy.

Decide on a marketing plan that will bring in customers, but one that ideally doesn’t put a cap on your potential sale price (at least at the beginning).

We can work together to create a bespoke plan for your Brisbane property that maximises your chances of creating a competitive situation and a great sale price.

Step 4. Invest in marketing.

In this market, it’s all about standing out from the crowd. Photography and Videography are essential to market your home in competitive real estate landscape of Brisbane. Use every promotional tool you can to attract buyers and keep them interested in your property until a sale is achieved.

Step 5. Be flexible.

Selling in Brisbane’s current market can be a bit of a journey. Remember why you are selling in the first place. Trust the process and stay patient.

When it comes to reviewing offers, keep the big picture in mind and try not to let negotiating pride get in the way of progress.

Ready to chat about selling your property in Brisbane?

Woolloongabba Real Estate specialize in assisting sellers in adapting to Brisbane’s evolving market dynamics. With our large database of local buyers, we can put you in a position to succeed. Get in touch today and let’s talk about your real estate goals.

If you enjoyed this article, be sure to check out Seven Steps To A Smooth House Sale

About The Author

Daniel McCormack, the principal of Woolloongabba Real Estate, is your trusted real estate agent in Woolloongabba and the surrounding Brisbane precinct. With a degree in Business majoring in Hotel Management, Daniel’s expertise extends beyond the traditional real estate realm. Having managed luxury hotels and venues in Dubai, Daniel brings a unique perspective to the local property market.

His experience in Project Marketing and Property Wealth Management, coupled with his tenure in property development, equips him with invaluable skills in negotiations, finance, and marketing strategies. Daniel’s track record includes successfully selling luxury apartments and homes in inner Brisbane, demonstrating his proficiency in handling high-end properties with finesse and expertise. As one of the best local agencies in Woolloongabba, Daniel and his team prioritize your goals and strive to exceed your expectations.

Beyond his professional achievements, Daniel is deeply passionate about property and the local area. His genuine love for the community shines through in his dedication to helping clients find their perfect home or investment opportunity. Daniel’s intimate knowledge of Woolloongabba and its surroundings, combined with his enthusiasm for property, ensures that he provides comprehensive and insightful advice to his clients. An avid sports enthusiast, Daniel enjoys watching rugby union and playing squash and golf in his leisure time, and has a passion for travel. This well-rounded perspective enhances Daniel’s ability to connect with clients and find the ideal property solutions tailored to their needs.

Whether you’re looking to sell your home in Woolloongabba or seeking expert guidance in the real estate market, Daniel is the agent you can trust to put your needs first. Contact Daniel and his team today to organise an appraisal or for a bespoke solution that meets your unique property requirements