When it comes to knowing the property market, no one knows it quite like Andrew Winter.
He’s been obsessing over selling houses since he started his real estate career at just 17-years-old and sold his first property within a matter of months.
Fast forward to today and he’s become more than just a property expert, he’s addicted to it.
“Think about your favourite footy team that you’ve supported since you were a kid and you’re so passionate about. That’s how addicted I am to property and real estate,” he reveals.
For Andrew, knowing the market is what he does best. So we sat down with him to get his top three tips on buying and selling in the current market.
Don’t do anything until you’ve done your research
Whether you’re buying or selling it doesn’t matter, researching the areas you are interested in or the area you live in is key to bagging a bargain or snagging a sale.
If you are looking to buy or invest, knowing the market you are going into is the key to success.
“When you are serious about buying, my tip would be to focus on just one or two areas and really get to know that market,” Andrew says.
Look at regional areas that are close to big cities
Investing in areas such as this could see you gaining some good growth in property value, but you will need to be in for the long-haul.
“It’s very hard to really predict accurately what’s going to happen,” he says. “But I would say in most regional areas at any one time if you look really hard you can bag yourself a bargain.
“And sometimes that bargain will give you growth over the long term.”
When is the best time to sell?
This question will depend on a lot of factors, particularly in the current market. It all comes down to which city you live in, which part of the city you live in and your personal circumstances.
“That’s a massive question and, in fact, impossible to answer,” Andrew says.
“But my advice when you are selling is that the best time to sell is when the other people in your area are not.”
Check out more real estate tips from Andrew in the video above.
Watch season 13 of Selling Houses Australia exclusively on LifeStyle Wednesday March 25 at 8.30pm AEDT and streaming new episodes every week.