A fresh dose of the local market. Three times a week.
It’s true that as technology advances, there are several ways to find out the approximate value of a home almost instantly. Just recently, I tried out a new feature on a website called Zoocasa, where you can enter any home address and get an on-the-spot home evaluation. Well, that was the plan. Naturally, I wanted to test the little widget with a couple of recent sales. So I entered the … [Read more...]
A comparative market analysis (CMA) is an evaluation tool used by real estate agent's, based on local listing and sales data, to determine the probable sale price of a property in the current market. Who can use this information? Both sellers and buyers alike. Home sellers can use a CMA to help determine a list price. Buyers can use it to help them determine the offer price on a property they … [Read more...]
You started out with a high listing price. It’s been a while since your property is for sale…and no offers. What could be wrong? The property is in a hot neighbourhood, so the location is not the problem. The conditions are great; top-notch with lots of renovations. You even got complemented on the décor and how well maintained it was. Then why are there no offers? Could it be … [Read more...]
Because of the constant changes in real estate market conditions, more sellers are competing for fewer buyers. And most buyers are not jumping at the first property they fall in love with. "The initial asking price is NOT that important because it can always be lowered later." Wrong! The original asking price is very important. Specially when working with the new generation of buyers who are … [Read more...]
Real Estate Broker
McGill Immobilier
514.917.7889.
deyanira@McGillRealEstate.com
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