Found 20 blog entries tagged as sellers.

Are you in the market to buy or sell real estate? Whether you're a first-time buyer or a seasoned investor, the world of real estate can be overwhelming. That's why we're here to help guide you through the process and make it as smooth as possible.

If you're a real estate buyer, it's essential to understand the current market conditions and what factors can affect the price of a property. One crucial factor is location. Properties located in desirable neighborhoods or areas with high demand can drive up the price, while those in less desirable locations may sell for less. Also, consider the condition of the property. A well-maintained property may sell for more than a property in poor condition, even if they are in the same location.

 

As a…

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Is buying a home all about the money? You may be led to believe this, but what about factors like conditions, personal offer letters, and the closing date? Sellers often need to consider things past finances when making the decision about which offer to accept.

The reality is, navigating the offer process for buyers can be stressful and putting in the highest offer doesn’t always guarantee the home will be yours. Under seller’s market conditions, when there’s more demand than inventory supply, it’s likely buyers will need to consider more than a full-price offer to increase its desirability.. With this in mind, let’s examine what else sellers look for when weighing the value of an offer.

“There have been several cases where our clients have…

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The real estate industry can be both exciting and intimidating for prospective buyers and sellers. With constantly changing market trends and regulations, it is important to stay well informed and prepared. Whether you’re looking to buy your first home or sell your current property, this article will provide valuable insights and tips to help you navigate the real estate industry with confidence.

Current Market Trends

According to the recent market data, the real estate industry is experiencing a surge in demand for single-family homes and a shortage of inventory. This has led to increased competition among buyers and rising prices in many markets. On the other hand, sellers are enjoying the benefits of sellers market, with properties often selling…

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Real estate experts have been predicting how the Canadian housing market will fare in 2023 since the beginning of 2021. With current trends pointing towards a steady increase in home sales, it’s no wonder that many are eager to know what the future holds. With new trends and economic shifts, the landscape of home sales can be difficult to predict. In this blog post, we'll take a closer look at why home sales are expected to continue to rise over the next few years, and what buyers and sellers can expect from the markets in 2023. 

How We Got Here 

Before we can look into the future, it’s important to understand how we got here. The Canadian housing market has seen an unprecedented surge over the past year due to both COVID-19 safety measures and…

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You know about staging and pricing a listing properly to attract buyers, but sometimes there’s an out-of-sight, out-of-mind history that sellers may have to disclose. A  property might look perfect on the outside, but if there was a death on site, it was used for illegal activity, or even if it’s reported to be haunted, it can become what’s known as “stigmatized.” This label can make the property more difficult to sell and might even bring down its value.

Some potential buyers may not care about a home’s stigma, while others could perceive it as a red flag. However, depending where you live, sellers are not always obligated to disclose certain issues, leaving the onus on the buyer—with the help of their REALTOR®—to learn more.

We asked two real…

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What is a clean offer

What is a clean offer? This term actually has nothing to do with housework. Below, we answer some of important questions about what a clean offer is, how to go about presenting a clean offer, and the risks and benefits of making one.

What is a clean offer?

A clean offer is an offer to purchase a home without any conditions attached to it. Also called a contingency-free offer, a clean offer aims to entice the seller with the promise to buy a home without any caveat that might cause the deal to fall through, which can happen based on the conditions specified in the offer. Conditions, and reasons to renege, may relate to the buyer or seller, and may include conditions like an unsatisfactory home inspection, the buyer’s…

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Deciding to place your home on the market this fall? That’s great! Getting your home ready for sale is just as important in the fall and maintaining curb appeal requires different attention then in the spring and summer. Follow these six tips for selling your home this fall, and you might just get it sold before the last leaf falls.

Tips for Selling Your Home this Fall & Easy Fixes to Help Buyers Fall in Love

1. Don’t ‘Leave’ a Mess

While fall leaves are gorgeous to look at on trees, once they hit the ground they no longer add to the beauty of your property. Make a good first impression and get rid of leaves with a leaf blower or rake so the first thing sellers see is your home, not the amount of raking they will have to do each year! Clear…

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MLS® home sales in Newfoundland and Labrador post third best monthly total ever in July, overall inventory remains stable

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The number of homes sold through the MLS® System of the Newfoundland and Labrador Association of REALTORS® totaled 703 units in July 2022, declining 11.9% from July 2021.

Home sales were 17.9% above the five-year average and 30.8% above the 10-year average for the month of July.

On a year-to-date basis, home sales totaled 3,563 units over the first seven months of the year. This was virtually unchanged from the same period in 2021, moving only 0.1% (five sales).

Residential activity in St. John’s was down by 10.9% on a year-over-year basis in July, while activity…

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Your client calls you and says they’re ready to sell their home, but before they list, they want to make sure they get the best possible return on investment. They ask if there’s anything they can do to help prep their home—what do you say?

Maybe a fresh coat of paint? Renovate the kitchen? Declutter the basement?

While listing photos and videos are critical for generating interest in your listing, it’s the work beforehand that can truly make the difference. Your clients trust you to lend your knowledge and expertise as they embark on their home selling journey.

The time and effort that goes into prepping a home is no joke, but we decided to have a little fun on social media to help aggregate some tips. Earlier this year, we asked our…

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Toronto Canadian housing market

Has the pendulum in the Canadian housing market tilted toward homebuyers? This is the current debate unfolding among market analysts, real estate agents, homebuyers and sellers.

The research arm of Goldman Sachs recently dropped a bombshell of a forecast: Canadian real estate will witness the sharpest drop in the global economic downturn.

“The pandemic-induced housing boom appears to be cooling off,” the Wall Street titan wrote. “From Toronto to Auckland, a slowdown in the housing market is underway as interest rates in developed economies are set to climb rapidly.”

Indeed, it is a reasonable conversation to have after seeing some of the latest numbers being reported in the Canadian housing market, as the central…

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