Hey fellow bloggers!
Welcome to minus 40 degree weather! One could say at least it is sunny outside right? That is little compensation for some people who have to bear the winter's brunt to go house hunting today. With all those buyers, and not enough houses on the market, there is no wonder it is a seller's market currently in Winnipeg. A seller's market happens for two reasons, lots of buyers, and not enough houses for them. For those interested in buying, it can often be a struggle to get out and see all the best listings before they are all gone. And with the best of listings, buyers are often assured they will be competing against other buyers for that house. It is often a frustrating thing, even for agents who work with their buyers. No one likes to deliver bad news. That is par for the course these days, and is part of the reason Winnipeg is a seller's stage!
With fewer listings on the market than demand calls for, sellers are almost guaranteed a bidding war if they use proper techniques of listing their homes. By that I mean, clean, well cared for, and priced correctly. Sellers will never benefit from over pricing their home. It will just sit there and sit there. Always remember that when you decide you want to sell your home, it is no longer your "home" it is your asset. So if you are thinking of taking the plunge and putting your home up there try to keep those points in mind. Also, if you are selling your home to upgrade and figure you will capture the market in the meantime, keep in mind that you will eventually need to buy something to live in too! On that note, remember to be nice to the buyers looking at your home because eventually you will be one of them. There are lots of tips to creating that sell-able home that captures the market at that perfect turn. Be dedicated to getting it done, take your Realtors advice (because after all that is why you hired them!) and remain focused. Good luck with your sale!
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Compass - Anacortes, WA
Broker, CRS, e-PRO, ABR, ASP, CNE, IMS
A seller's market in Jan?!?! Is it still a seller's market or has teh market softened? Send your buyers our way...we have great bargains...even on waterfront.
Sep 12, 2008 05:49 PM
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