While your low offer in a normal market might be rejected immediately, in a buyer's market a motivated seller will either accept or make a counteroffer. Full-price offers or above are more likely to be accepted by the seller. But there are other considerations involved: * Is the offer contingent upon anything, such as the sale of the buyer's current house? If so, a low offer, even at full price, may not be as attractive as an offer without that condition. * Is the offer made on the house as is, ... Full Article...

Over the past few weeks we have seen the fixed mortgage rates take a few jumps in the upward direction. This increase was inevitable as the historic lows we were seeing just couldn?t last forever. For those of you that got in at rates under 4% on a 5 year fixed, consider yourself lucky and ride those out for as long as you can...we may never see that again. As for the rest of you that just didn?t want to rush into anything, rest assured that rates are still low. A few years ago, a fixed rate ... Full Article...

PriceBest chance for selling your property is within the first 7 weeks. Studies show the longer a property stays on the market, the less the seller will net. Problems with Over-PricingReduces number of potential offersLower?s agents response, consequently number of showingsLimits qualified buyers and could create appraisal issuesCompeting homes become more attractive in comparison CleanlinessBuyers are turned off by even the smallest amount of uncleanliness or odour, resulting in a loss of ...

Most buyers seek out homes that are well maintained and clean regardless of price. It has been our consistent observation that clean houses sell faster and obtain a better sales price.Remember that first impressions are lasting impressions.Here are some steps you can take for your house to look its best for broker previews, open houses, and buyer showings.  Prepare each room If too much furniture is in home, remove to give a more open feeling Declutter Pick up toys and shoes Keep dishes out of ... Full Article...

3 Mistakes Sellers make when choosing a Realtor: 1. Going with the agent who promises you the highest sale price, the most amount of money (even if the price seems unrealistic). 2. Choosing the agent who promises to save you money by discounting the commission rate. 3. Picking an agent that works with a few agents team. Consequences of these 3 mistakes: 1. The inflated price you were quoted (in order to get your listing) results in few buyers coming to view your home (because they can get a ... Full Article...