If you have a home in Vancouver to sell, you might be toying with the idea of selling it "For Sale by Owner." After all, if you list with an agent you'll have to pay a commission, and you'd rather keep that money for yourself.
That's tempting, of course, but there are many reasons to list your home instead:
Getting the price right is difficult. You don't have access to actual sold prices, or the seller concessions that might have been granted, and you haven't actually seen inside the houses you might be using as a comparison when pricing your own home.
"By owner" sellers quickly learn that being available every time someone wants to see the house isn't all that much fun. They can't even take a week-end off and go out of town,
Home sales in Vancouver housing market continue to outpace long-term averages for this time of year. The Real Estate Board of Greater Vancouver reports that residential property sales in Vancouver reached 3,057 on the MLS in October 2014. This represents a 14.9 per cent increase compared to the 2,661 sales in October 2013, and a 4.6 per cent increase over the 2,922 sales in September 2014.
Last month’s sales were 16.6 per cent above the 10-year sales average for October. “We’ve seen strong and consistent demand from home buyers in Metro Vancouver throughout this year. This has led to steady increases in home prices of between four and eight per cent depending on the property,” said REBGV president Ray Harris.
New listings for detached,…
The holiday season is closing in, and that means that a great number of potential home sellers will either wait to list their homes or take their currently "for sale" Vancouver homes off the market until January.
And that is reason #1 why serious home sellers should list now:For the next two months, your home will have less competition.
In some markets sellers have been led to believe that "nobody shops for a home during the holidays," so "Why should they bother with being on the market?"
Even if yours is a "hot market" during the holidays, many sellers simply don't want to be bothered with keeping their homes in show-ready condition. They'd rather concentrate on cooking, shopping, and entertaining.
In addition, some…
Today most home buyers begin their search for a home in Vancouver on the Internet. That's a good idea – but only to give you an idea of what's out there.
The Internet can only give you information that the listing agent has provided, and the sad truth is that not all agents take the time and trouble to post good photographs and write full descriptions.
Some only post one photo – and that might have been taken from their car, with their cell phone. Some only give the bare facts about a house – such as the number of bedrooms and baths and the square footage. If there happens to be a special feature that you've been searching for, you'd never know it.
So beware. If you're a buyer and you limit your search to the homes that appeal…