Selling your Home in a Buyer's Market - From the Desk of Rod O'Keefe
In the picturesque city of Vernon, BC the real estate market has seen a gradual decline in pricing, ranging from 4% to 9%, contingent upon the neighborhood, property type, and price range. However, it's essential to note that this decrease does not signify a departure of potential buyers from the market; rather, it has ushered in a unique opportunity for those in search of a new home – a buyer's market in Vernon, BC real estate.
We are more than just your average Real-Estate Office. We are locals and family-owned! We are active in our community and want to share our experiences with you. We also want to celebrate our community opening up after such a long time and we encourage you to support local businesses along with us!
Are you getting what you need from your agent? The importance of honest candid feedback. Politeness is important but when it comes to feedback honesty is crucial.In our last post we discussed the importance of feedback and how this data can significantly assist both the agent and the seller in understanding what buyers may be looking for from a home. Feedback can inform how the home compares to others on market and what if anything can be done to increase the potential for a successful sale.
It was just over a year ago that we had a parking lot full of happy partying people with a live Ska Band rocking us out. We were celebrating and giving Thanks to our customers while fund raising for Teen Junction, a local organization under the Boys and Girls Club umbrella, which supports youth in our community. Who knew what we intended to be a yearly event would be postponed due to covid. This doesn't mean we can't continue to be grateful and have an attitude of gratitude. Will you join us in our efforts?
TOP 8 REASONS TO LIST AND SELL YOUR VERNON & NORTH OKANAGAN HOME DURING THE HOLIDAYS!
TIP # 15-KNOW YOUR BUYER'S MOTIVATION
TIP #14 KEEP EMOTIONS IN CHECK
TIP #13 DISCLOSE EVERYTHING +ATTRACT MORE BUYERS!
TIP#12-ODORS ARE HOME DEAL KILLERS!
Sales and Marketing advertising promoting our various products (we have not done a lot of this traditionally but we will be moving in this direction so it would be nice to think about how we’re going to do this)
The biggest mistake you can make at this point is to rely solely on your own judgement. Do not be shy about seeking the honest opionion of others. You need to be objective about your home's...
As Realtors, one of the single biggest mistakes we see in our industry is the listing client wanting to price their listing so there is "room to negotiate." This situation comes up frequently and many listing clients elect to follow this path and essentially price your listing out of the market like the rest of the herd.
When selling a home there are 5 key factors that make up the sale: location, financing, marketing, price and condition. Of the five factors you have the most control over is the...
All Realtors are NOT the same. A professional Realtor knows the market and will share information on past sales including their own results if they are good. Also requesting their results will provide you insight to whether they are...
Tip #6 Tax Assessments-What They Really Mean?
Tax assessments are sometimes used to assists buyers and sellers of Real Estate to set a baseline of what the home is really worth. Tax assessments generally trend the same direction by neighbourhood and your Realtor can assist you in determining the trend and weather homes should be valued a certain percentage above (or below) the tax assessment. There are always exceptions to the rule...
Tip #5 When Getting an Appraisal is a Benefit
Having an appraisal by a professional appraisal company will assist in marketing your home. It is a good way to let prospective buyers know what your home can be financed for. Appraisals do cost money and in some instances...
25 Essential Tips that Get Vernon and North Okanagan Homes Sold Fast for Top Dollar! (Part 4)
25 Essential Tips that Get Vernon & North Okanagan Homes Sold fast for Top Dollar. (Part 3)
25 Essential Tips that Get Vernon & North Okanagan Homes Sold fast for Top Dollar. (Part 2)