Reasons to Sell in 2023... Or Not
Perth Property Insider Podcast
English - January 25, 2023 17:00 - 12 minutes - 11.4 MBInvesting Business Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Have you thought about selling your Perth property in 2023?...
I’m a big advocate of holding property for the long term and letting the power of compounding work its magic.
However, today I'm going into some of the reasons you should consider selling a property in 2023 and there are some that may surprise you.
If you've ever thought about it in recent years, we are still in a seller's market so it could make sense to sell, especially when you weigh up opportunity costs for different life stages and whether or not the property is going to help you achieve your goals… Or it may not.
I’ve also got a warning for every investor that is renewing their tenants lease.
So let's go inside and see if I can give you some clarity.
Resource Links:
Join the Perth Property Investment Facebook Group (https://www.facebook.com/groups/perthpropertyinvestors) Join Jarrad Mahon’s Property Investor Update (https://www.investorsedge.com.au/join) For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/perth-property-management-specialists/) For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/) Get Jarrad’s strategic advice towards your property purchase and development plans (https://www.investorsedge.com.au/invest-in-perth-property/)
Episode Highlights:
Intro [00:00] There Are a Lot of Investors Waiting for the Right Time to Sell Their Properties [02:09] We Have a Solid Year Ahead of Growth for Perth [03:17] What Does Waiting Mean? [05:20] Don't Sign a Tenancy or Renewal for Any Longer Than a 12-month Period [06:59] You Have to Be More Risk-averse When You're at the Retirement Stage [09:27] A Real Estate Agent Should Care About Their Clients Rather Than Being Transactional [10:28] Outro [11:33]
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