Sellers
Since February 2022, the London & St. Thomas real estate market has been correcting. With inflation down, interest rates stabilizing, and inventory on the rise, buyers now have the upper hand. Sellers need to price their homes realistically to attract serious buyers, as overpricing can lead to missed opportunities. Success today lies in setting a competitive price and being prepared to negotiate, as buyers are being more selective, especially in higher price ranges, in a market where they have more choices.
Pre Listing
Consider all relevant, and recent market activity. This source of information will form the basis of our plan. We need to understand how your house compares to others in your neighbourhood.
Give us a guided tour of your home room by room, inside and out. Once we understand the preparation you are supporting the sale of your house with, we can provide a value range to start, and this is reviewed periodically.
The Plan
Listing Process
As a full-service Real Estate Brokerage, we carefully manage the details as the listing plays out. Manage viewings, collecting feedback and comparables that activate, getting ready for the offer. We review this activity weekly together. We adjust our plan only when necessary. In a slow market, patience is key.
Remember this ...
Be patient and coachable. The new normal is a market that can
take 30-60 days to see results. Understand that current market conditions favour Buyers, and make sure this is reflected in your plan. Be realistic in your expectations, and you will be rewarded with a quicker sale for a higher selling price. Assume potential buyers are well represented.