Learn, explore, create, share. Not your everyday Realtor. I help clients make smarter decisions using data & straight forward advice. #torontorealestate
Aug 31, 2021 • 15 tweets • 3 min read
Insight on bidding wars in Toronto. 🧵
B4 listing a home the seller & agent discuss listing strategy.
1. List w low price, set offer date. Low price brings traffic, usually lots of it. Some serious buyers & many who “hope” they can buy at or near list price. #torontorealestate2/ Option 2, list at or just above what u want & wait. This is usually done when mrkt is moving slower, more homes available.
The reasons sellers will choose #1.
👉🏼supply vs demand. Low supply, plenty of buyers brings lots of showings. It’s a # game. Get 50ppl in to 👀home
Aug 9, 2021 • 21 tweets • 5 min read
Every time I meet with a new buyer lately one of the main concerns I hear (understandably) is how to avoid overpaying for their next home.
I thought it would be helpful to breakdown a solution to this problem.
Here is a 🧵 on 👉🏼HOW TO AVOID OVERPAYING FOR YOUR NEXT🏡
1/
Before you bid on your next home your Realtor should create a detailed Comparative Market Analysis (CMA). The goal of a CMA is to understand the homes true value before you decide to buy it. List price in the GTA is just that, a list price. Doesn’t always reflect true value.
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