Understanding the Sellers' Market

Posted by Kamenka & McArdle Canmore Home Sales on Thursday, May 13th, 2021 at 10:40pm.

Canmore’s stunning vistas and the ability to choose your own adventure everyday attracts buyers from across Canada and beyond. Now more than ever, we are seeing that those who can work from home want to move to where they can optimize their quality of life. Our community provides residents with a unique experience, and this has led to the current situation where the real estate demand has outpaced the current supply.

Working with an experienced team becomes critical in a market like this. The team of Kamenka & McArdle remains at the top of their game, and continues to outpace any other team in the Valley for real estate transactions. This means they understand how to successfully represent buyers in this sellers’ market and how to maximize value for sellers.

Our team will customize our approach whether we’re your representative as a buyer or a seller. We will assist you in your pursuit or sale of the perfect property, and help you with our market insights.

In this unique market climate, we are seeing a record of multiple offers on properties. Our role is to work closely with our clients to ensure they’re prepared and informed at every step of the way.

 

How to Buy in a Sellers’ Market

When you’re preparing to purchase a property in a sellers’ market, you must have all your ducks in a row. Understanding your maximum budget, having financial preapprovals if required, and if the purchase of your next property is contingent on the sale of an existing property, you will need to consider selling that ahead of writing an offer on your next home.

  •      Know your budget, and consider searching below your budget. This isn’t the time you’re going to negotiate with a lowball offer. Properties are priced to sell, and they will sell at asking or possibly above.
  •      Don’t tempt your self by previewing homes that are out of financial reach for you.
  •      Be prepared to go up against multiple offers. It’s important to have experienced representation when you enter into a multiple offer situation. The Kamenka & McArdle team has extensive experience in these situations and will provide you with their expertise to help you get the house of your dreams.
  •      Don’t become overly invested in the property you’re offering on. In every multiple offer situation, there’s only one winner!

How to Sell for Top Dollar in a Seller’s Market

The demand for your property is there, but selecting the best representation will be key in attaining top dollar for your home. Working with us, you are assured that we understand the market and will strategize to get you top dollar for your property.

  •      Preparing your home for sale is another way we work with our clients. We work with you to ensure your home showcases at it’s very best.
  •      We work with the top photographers to maximize visibility of your property.
  •      Marketing of your home begins before your property is listed. We have an extensive network of agents and buyers who we engage with before your property goes live on listing services. This strategy is very effective to sell your home in record time.
  •      Taking the time to customize the marketing strategy for your property is something we take great pride in. We work to ensure that our clients are receive superior representation.

 We’re here for you

We have a client-focused mindset. Whether you’re interested in buying or selling in this market, we have the expertise to assist you in your sale or purchase. Please reach out to us for more information and market insights.

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