WOW! Our vacation plans have gone out the window! Too busy to leave town now! This summer has been unusually busy and we think we have the long hard winter and the short cold spring to thank for that.
Most years, the summer is a time that slows down for real estate sales. Not to the point of November and December, but slow considering April through June are normally very hectic. All this just goes to say that the experts seem to have gotten this one right! Most of our associates in the business have said that the market was delayed this year in the 45 to 60 day range and that is what we are seeing.
If you are thinking about selling, it should remain a good market for the rest of the summer. One warning though. Make sure your home is in tip top shape from roof to basement and all points in between. The buyers have lots of choice and many average and below average homes are being past over. Check your roof, windows, furnace, air conditioning and plumbing. These are areas most home owners don’t pay attention to until it’s either too late or a building inspection reveals problems that can cause the sale of your home to fall through. ExpertConstructionGuys.com | C&D Brooklyn Roofers can make all necessary repair to roof, windows and siding. BE PROACTIVE! Stay ahead of the game!
After a long, long cold and snowy winter Spring has arrived. Slowly, but it is here. With Spring comes some challenges to those in or wanting to get into the real estate market.
First, if your home has been on the market for a month of eve a few weeks, the look of your home from the outside has certainly changed since it was listed. Get new outdoor photos right now! Look at our listed homes. All have new updated exterior photos. Check out other site. Many homes still have photos with snow piled up to the roofs. This is not good as it gives the buyers who view website at a fast clip, the immediate impression (wrongly or rightly) that the home has been on the market too long. I can’t belive the number of newspaper ads out there at this time of year showing homes with pile of snow.
Pricing is also an issue at this time of year. Most agents feel (and the stats prove us right) that the Spring is an active market so when doing our evaluations, we often feel robust in what the market will do. This sometimes does not pan out so adjusting prices downwards in the Spring, despite what statistic says, can be something that needs to be done. When too many homes hit the market in Spring and the buyers have lots of choice, this put pressure on prices.
Finally, check your basements and attics for leaks. It’s a perfect time for leaks to be exposed. April Showrrs don’t only bring May flowers, they bring leaks into your home. Check your basement and attic. A leak may not penetrate into your home through the roof right away but sings of leaking may be visible. Before listing your home, get leaks fixed.
Have a question for us? Go to our contact page and send us an email. We’ll be happy to answer your questions! Click here for contact page.
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This is a great question and one of the most common ones we get. Sorry but there is not just one correct answer! As with so many other things in real estate, the answer is “It depends”!
First and foremost is the reason for selling. Are you being transferred? Have you been looking for a new home for a while and have found the perfect one? Is there a family situation that is causing you to sell your home?
These situation will determine when you will need to list your home and if one of these applies to you, then you’ll have to list your home when the situation demands. You can’t avoid selling your home in December if you have to be at your new job in Calgary in January.
Now if you want to sell your home but have urgency and are “testing the market” then waiting until a more active time of the year might be a better choice. So when would be a more active time? Usually the Spring is our busiest time of year so listing then will usually give you the most showings and activity but it will also be a time when you will have the most competition.
We like to suggest to our clients who do not have a “must sell now” situation to consider mid to late February as a target date. This has a great time of year as the pain from Christmas shopping is over and you can get onto the market just before the flood of other homes. Plus, buyers looking at this time of year tend to be more serious and less just shopping around.
No matter what your situations is or when you need to or want to sell, we can offer you a unique blend of experience, knowledge and honesty. Contact us by email or phone. We’
ll be happy to discuss our marketing plans with you.
Irwin & Mindi
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