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The longer a home sits on the market, the more buyer perception changes and usually not in the seller’s favour. What starts as strong interest can quickly become hesitation, reduced urgency and lower offers. Here is what actually happens when a listing goes stale and how sellers can avoid it.
The property market has continued to show resilience as we move further into spring, although April has brought a noticeable shift in momentum. With interest rates rising and affordability being stretched, both buyers and sellers are adapting to a more balanced – and in some cases more cautious – market.
Most homeowners make decisions based on what they think is true about the property market. The problem is, a lot of it is outdated or simply wrong. These misconceptions can cost time, money and opportunities. Here are some of the biggest myths sellers still believe and what is actually true.
he property market is active, but not everything is performing the same. Some homes are selling quickly, others are sitting. The difference is not luck. It is positioning, pricing and preparation. Here is what is actually happening right now and what it means if you are thinking of selling.