Found 20 blog entries tagged as sellers.

Do staged homes sell faster

Do staged homes sell faster, and for a higher price? The short answer is yes and yes. Conditions have started to moderate from the frantic seller’s market Canada has been experiencing since the start of the pandemic, largely due to rising interest rates. With homes taking longer to sell and buyers having more time to shop the market, sellers may have to step up their game to win the attention of prospective buyers. This includes engaging an experienced, professional real estate agent, evaluating the comparables and their asking price, and then staging the property to appeal to the right buyer.

Do staged homes sell faster?

According to a study by the Real Estate Staging Association, staged homes spend 73 per cent less time…

349 Views, 0 Comments

How to navigate multiple offers

Is the pandemic housing boom slowing down? With the Canadian real estate market recording its first price drop in about two years, there is a growing expectation that the country could be on the cusp of a serious correction. But while it could be some time before sales activity returns to pre-crisis levels, many major urban centres and smaller markets that experienced impressive growth could still endure many of the same characteristics of a bullish housing market. Be it competition resulting in bidding wars, or homes selling over asking price, the lack of housing supply means multiple offers will likely remain a factor in the current market.

So, how do you even navigate this type of real estate market anyway?

How to…

422 Views, 0 Comments

Selling your home can be an emotional experience. In fact, RE/MAX research reveals that a real estate transaction is one of life’s top stressors, second only to divorce. Under some circumstances, sellers may wish to handle the sale of their home on their own. While an FSBO may have some pros, it also has its cons. With all the many different moving parts involved in selling a home, here are eight very valid reasons to have a real estate agent on speed dial.

Pricing your property

While a homeowner likely has his or hew own expectations for what their house is worth, a realtor will approach it from perspectives the homeowner may not have considered, including the location and comparable sales in the area. An experienced real estate agent…

340 Views, 0 Comments

What Does a Real Estate Lawyer Do

The world of real estate can be a little confusing. With so many players involved in the process of buying a home, keeping everyone’s role straight can be a little challenging. However, by educating yourself on what each professional does and how they can each help you on your home-buying journey, you can make sure that you get the best experience possible. In this article, we’ll answer the question, what does a real estate lawyer do?

While it’s fairly common knowledge that employing a real estate agent to help you find your dream home can make the process run much smoother, it is less understood how a real estate lawyer can benefit you.

Hiring a real estate lawyer in Canada is required to close the deal on a home,…

329 Views, 0 Comments

Rising interest rates and housing market

The Bank of Canada (BoC) has said it will be use its monetary policy to tamp down inflation, which currently sits at a 30-year high, joining the chorus of central banks worldwide trying to grapple with the rapidly escalating cost of living. So far this year, the BoC has already moved forward with rising interest rates three times, and Governor Tiff Macklem is preparing the financial market for more quantitative tightening in upcoming policy meetings.

But while the objective is to garner a stranglehold on a surging consumer price index (CPI) and producer price index (PPI), rate hikes will lead to financial pain for borrowers, investors and homebuyers.

Indeed, the Canadian real estate market is seeing the effects of a…

337 Views, 0 Comments

The Canadian housing market hasn’t seen a home sales situation like this since the summer of 2020.

National home sales dropped by 12.6% between March and April and actual (not seasonally adjusted) sales activity was down 25.7% from the record highs we saw in April 2021, according to the Canadian Real Estate Association (CREA).

Sales were down in 80% of Canadian markets in April 2022, save for Montreal, Halifax-Dartmouth and Victoria, B.C.

Why are home sales down?

“Housing markets in many parts of Canada have cooled off pretty sharply over the last two months, in line with a jump in interest rates and buyer fatigue,” said Jill Oudil, Chair of CREA. “For buyers, this slowdown could mean more time to consider options in the market. For…

365 Views, 0 Comments

Between rising interest rates, the COVID-19 pandemic, and the incoming spring market, home buyers and sellers might feel slightly overwhelmed by all of the changes happening in the 2022 housing market. 

Last year was one for the books as home inventory sank to its lowest levels ever recorded. Meanwhile, the Bank of Canada (BoC) is preparing to increase its overnight rate again, spelling potential changes for new and existing mortgage holders. With these trends in play, it leaves a lot of questions for those looking to make a move in the real estate market in 2022. 

Shaun Cathcart, Senior Economist and Director of Housing Data and Market Analysis at the Canadian Real Estate Association (CREA), has the answers to some of your important real…

340 Views, 0 Comments

The 2021 Market Share Reports are here and prove, yet again, that RE/MAX is #1! The #REMAXHustle never stops!

The RE/MAX Market Share Reports are great resources to show that RE/MAX Agents can get your home sold!

Market Share Reports show:

  • RE/MAX agents sell more real estate than any other Canadian brand.
  • RE/MAX is the most recognized name in real estate and #1 in brand awareness.
  • Over 95 per cent of homebuyers and sellers know of RE/MAX.
  • Each year, RE/MAX agents’ help hundreds of thousands of families buy or sell a home.

Connect with your own RE/MAX Agent today! #BrandPower





559 Views, 0 Comments

  • Compared to 2020, home sales increased across Canada
  • The price of homes across Canada increased compared to 2020
  • Housing inventory hit an all time low
  • The price of homes sold reached an historic high
  • Record number of closings with over 115,000 more sales than in 2020, beating the record for that year




477 Views, 0 Comments

Photo by Darren Richardson on Unsplash

The Canadian housing market ended 2021 on a high note. How has it been performing a month into 2022?

Canada’s sizzling housing sector has been resilient throughout the coronavirus pandemic. Despite the economic downturn and global health crisis, Canadian real estate markets from coast to coast have enjoyed unprecedented growth in sales activity and home valuations alike. What’s more, the gravity-defying growth has been consistent across virtually every segment of the market, with urban condominiums bouncing back after experiencing a lull in 2020, to the spike in single-detached activity in suburban and rural communities.

The key question for many market analysts, as well as homebuyers and sellers,…

263 Views, 0 Comments