Everyone wants to know. I get that question in all my training sessions and I understand why. The state of the economy being what it is, real estate is in crisis...How bad is it really?
Here are the most recent stats and predictions from the Montreal Real Estate Board:
In January 2009, there were 37% LESS transactions recorded than 12 months ago, but the median price of a typical single family home is keeping steady. Good news and bad news!
The realtors still list properties but they are taking longer to sell. There seems to be less buyers out there and the ones who are buying are more cautious and more selective. They expect MORE for their money.
I think that the sellers who are serious about selling their properties will soon understand that they have no choice but to give MORE to the buyer. Therefore, making the house look its best and offering a move-in solution will become even more important in 2009. Home Staging services will, in my opinion, become a NEEDED asset to the realtors and the sellers (I certainly hope so! LOL).
Next week, I am giving a presentation to a group of realtors from the biggest real estate agency in Quebec and I am anxious to see their reaction and willingness to work with me and my teammates. Are they finally ready for Home Staging? Maybe they won't have a choice!
What is your opinion on that matter? let me know.

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