Tuesday, February 27, 2024 / by Evelyn Lopes
How to Decide on the Right Price to List Your Home: A Master Plan for Success
In the high-stakes world of real estate, setting the right price for your home is similar to a strategic game of chess where every move matters. The uncertainty of pricing can be overwhelming, but with the right strategy, you can transform guesswork into a solid game plan. Today, we're unlocking the secrets to not just listing your home but listing it smartly to ensure your sale is a resounding success.
The Importance of Pricing Right
Determining the right price for your home is not just about making a sale; it's about making a statement in a crowded market and transitioning from "just listed" to "just sold." But why is strategic pricing so crucial? The right price attracts potential buyers, sparks interest, and can even incite bidding wars, ensuring you receive fair market value for your property.
Cracking the Code: Strategies for Setting the Winning Price
Pricing your home involves balancin; ...
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Friday, September 1, 2023 / by Evelyn Lopes
Not long ago, home sellers were in their heyday, as historically-low mortgage rates triggered a real estate buying frenzy. However, the Bank of Canada shut down the party when it began raising interest rates last year.1
Now, it’s not as simple to sell a home. While pandemic-era homebuyers were racing the clock—trying to lock in a low mortgage rate and gain a foothold in the market—current buyers are much more discerning. Higher prices and mortgage rates have pushed their limits of affordability, leading them to prioritize cost, condition, and overall value.
The reality is, home inventory remains low, so most properties will still sell with some basic prep, the right price, and a good real estate agent. But owners who go the extra mile are more likely to sell faster and for a higher amount.
If you have plans to sell your home and want to net the most money possible, this list is for you. Here are our top seven strategies to attract the best offers and maximi; ...
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Thursday, June 1, 2023 / by Evelyn Lopes- Klarine
There’s an old adage in real estate: location, location, location. But ever since the Bank of Canada began its series of inflation-fighting interest rate hikes last year, a new mantra has emerged: mortgage rates, mortgage rates, mortgage rates.
Higher rates had the immediate impact of cooling homebuyer affordability and demand. But when the Bank of Canada announced in early March that it would put additional rate changes on hold, the country's once-frozen housing market began to thaw. Since then, Canadian home sales have bounced higher than expected.
However, many homeowners are still putting off listing. After successfully riding out the past year's turbulence, some homeowners are waiting for prices to more fully recover. Others are holding back because they are unable to port their mortgages and feel beholden to their existing, lower rates. As a result, real estate activity isn't nearly as robust this year as it might have been had more sellers listed their homes.
As eco ...
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Tuesday, May 23, 2023 / by Evelyn Lopes- Klarine
Unlock the True Potential of Your Home Sale with the Right Real Estate Agent
How to Choose the Right Agent: The Key to Selling Your Home for the Highest Price and Outstanding Service
Have you ever found yourself contemplating, "How can I sell my house for the maximum possible price?" If you're like most home sellers, the answer is a resounding "Yes!" After all, who wouldn't want to receive top dollar for their property within their preferred timeline, while enjoying exceptional service and superior results? But here's the key: achieving this dream isn't just about the property or market conditions – it's primarily about the real estate agent you choose to guide you through this journey.
Unveiling the Agent's Role
Real estate agents are like snowflakes; no two are entirely alike. Despite operating within the same brokerage or sharing the same license, agents differ vastly in their capabilities, resources, and strategies. This diversity can significantly impact the price yo ...
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