Happy March everyone!
It seems a bit weird saying it is only days away from the official start of Spring because, in the real estate world, it has felt like Spring already for the last month!
Over the last few weeks or so, we have been receiving a lot of questions from both Sellers and Buyers about timing and when the right time to make a move would be, so we thought this would be a great blog topic for March.
Let us start with Buyers!
The reason why it feels like Spring already is because homes are selling like hot cakes; it seems like everywhere we turn, there are increased sales numbers when compared month-over-month and year-over-year.
There is no more “wait-and-see,” it is now “do it or miss out!” In February specifically we saw many transactions with subject-free offers, which hey, is not a bad way to go, but it is important to make sure you do it safely, which is why if you are considering doing that, consider these points:
- Make sure you have a qualified realtor that will help with the due diligence and prepare the offer for you because going into this situation hiring “just anybody” could get really messy. Now having said that, if your realtor is unable to answer a question, make sure to call a lawyer to get an answer.
- Always, always, always make sure you get something in writing from your bank/lender stating that you are eligible to get financing on the property you want to submit a subject-free offer on.
- Get an inspection before you submit your offer because once the offer goes through, there is no turning back!
- As they say in construction, “measure twice, cut once,” which is why you need to make sure you go through all associated documentation thoroughly before submitting your offer so that you understand everything!
When you hire Whittall Real Estate Team as your Buyer’s agent, we always ensure these boxes are checked and do whatever it takes to make the process simple, easy, and stress-free!
Check out our Buyer’s guide by clicking here.
ATTENTION ALL SELLERS!
We honestly feel like it is Christmas right now, and if you are a Seller, you should feel the same way! We have to pinch ourselves sometimes because we have not seen a market this hot since 2016 – Buyers are Buying at a rapid pace and getting into many multiple offer situations, which means there is a very good chance your home sells above asking if you list now!
What we have been seeing from Sellers as of late is a bit of hesitation because of how face-paced the market is right now, where the fear is if they sell they will not be able to buy the house that they want and be caught in limbo, but that is not the way to go!
For Sellers, you do not want to miss out on the surge right now, which is why we recommend going into the process as you would but set a longer completion date so that way you have cash-in-hand and time to find a house without stress!
Another option to consider as well could also be a rental in the meantime as there are a lot of options out there to accommodate; and hey, if your house does sell above asking like a majority are, then you can use the extra capital to offset the rental costs.
The best part? WE HAVE A LISTING INCENTIVE!!
Having us as your listing agent not only gives you the power of teamwork, but you will also get a sweet incentive that will help you tremendously! We told you it was Christmas…
Just like for our clients (see review photo), we will do whatever it takes for your home to sell as fast as possible because we understand that real estate is top-of-mind for quality Buyer’s right now, so if it is door-
knocking that we have to do, we will do it!
To see our in-depth marketing guide that will get your home SOLD, click here.
We hope you guys are having a great month so far and are excited for Spring as much as we are, and we cannot wait to hear from you and chat about real estate!
Get in touch with us via the information below or on any of our social channels!!
KIM WHITTALL: (604) 720-3659 | WHITTALLREALESTATE@GMAIL.COM
SEAN WHITTALL: (604) 880-9400 | WHITTALLREALESTATE@GMAIL.COM
FOLLOW OUR SOCIAL MEDIA!