Is now the right time to sell your property? Ayre Real Estate shares 5 key indicators

Ayre Real Estate, a leading authority in Sydney’s prestige apartment market, has released five key indicators to help homeowners determine if now is the opportune time to sell their property.

With interest rates remaining on hold, clearance rates settling, and fewer properties coming to market, Adrian Wilson, Principal and Founder of Ayre Real Estate, advises homeowners to carefully consider their decision to sell by evaluating a few key factors.

The five factors Wilson suggests homeowners consider include:

1. Market Conditions: Analyze current market trends in your area, such as rising property prices and high demand with limited supply, which may indicate a seller’s market.
2. Equity Growth: Consider the equity you’ve built in your property, as selling when your home has appreciated significantly since purchase could yield a substantial return on investment.
3. Life Changes: Evaluate significant life changes that may necessitate selling, such as a new job, growing family, or downsizing, and whether these align with selling your current home.
4. Financial Goals: Review your financial objectives and assess how selling your property aligns with them, whether it’s reducing debt, investing in other assets, or upgrading to a larger property.
5. Emotional Readiness: Consider if you’re emotionally prepared to part ways with your property and embrace change, as selling a home can be an emotional process.

Wilson advises, “Our advice would be if you are considering a move, plan ahead and draw on advice from a team of experts including financial, legal and property. The right agent will guide you through the process and provide honest feedback on your specific circumstances.”

As an apartment-focused real estate agency, Ayre Real Estate combines strategic insight and human experience to deliver exceptional results for their clients. The multi-award-winning agency aims to help clients achieve their property goals by assisting in growing personal wealth while enhancing lifestyle within vibrant and connected vertical communities.