This afternoon the Real Estate Board of Greater Vancouver issued a press release entitled:
"Market activity offers awaited relief for homebuyers"
Well it's now official, "Increased property listings and moderating home prices have eased the Greater Vancouver housing market into a buyer's phase". (...as in buyers market)
Every market, high or low, has its opportunities, and right now Sellers are still of the mindset that their property will sell for more than it will, and it won't!
In the past few months, and by being honest with potential Sellers, I have lost a number of listings and expect this to continue. Two of these I simply wouldn't accept, and in every case the home was listed considerably higher than I had suggested and all of them remain on the market today.
I'm sure these Realtors who accept over-priced listings don't use the popular marketing line (or a derivative): I'll sell your home in the shortest time, for the best price, and with the least problems. I'd sure like to know exactly what their marketing plan is though. more here [...]
Comments(0)