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Why you should be listing in the time of COVID

Why you should be listing in the time of COVID

“In this world,” Ben Franklin once wrote, “nothing can be said to be certain except death and taxes.”

Even as we deal with the new reality of a COVID-19 world that includes social distancing, face masks and limited travel, that maxim still holds true.

This, too, shall pass.

In the meantime, the business of listing and selling homes to buyers keen to make a change in their lives goes on — albeit with a few wrinkles.

Right now is a great time to be thinking about listing a property for sale. 

The South Okanagan Real Estate Board is reporting single-family home sales in June are up 36 per cent over the same month in 2019. And the average sales price for single-family homes is also up — $617,986 this June compared to $513,248 in June 2019.

For potential buyers, mortgage rates are currently hovering between two and 3.5%, which means they have added incentive to purchase. 

Your realtor has some pretty neat ways of marketing your property that don’t involve physical visits. The posting of floor plans, detailed descriptions, panoramic pictures, and video tours allow the buyer to get a good look at a property.

Of course, if you’re thinking about listing a rural property, some of the social distancing norms are relaxed, especially as potential buyers stroll around outdoors.

BC is coming out of spring restrictions placed by the provincial government. That also means potential buyers are coming out of their shells and a few of those will be casting envious eyes to the Interior and its relative isolation, balanced lifestyle and rural comfort.

Thinking about making your own lifestyle change? Now might be the ideal time for you and yours to list your property and get that effort started.

Properly pricing a property — it’s all in the details

Properly pricing a property — it’s all in the details

Are you wondering how to properly price your home before it goes on the market?

While improving the appearance of your home, cleaning up and decluttering are important steps to take to put your property’s best face forward, attracting offers often begins with a shrewd and objective consideration on your part.

Setting the right price for your home is the single most important decision you will make when deciding to sell. Go too high, and you risk turning off every buyer in the marketplace. Price your property too low and you’ll walk away with less to show for your investment.

Let me help you with that

Let me be a straight-shooter and give you some sage advice when it comes to market-evaluating your property:

An agent will do you a big disservice by not doing the market research before assisting you with setting a fair value for your property. You might think your property is worth more than it actually is and an agent who doesn’t help you find the proper listing price is setting you up for failure.

A thorough review of the property, including its legal status, zoning and permitting and paying special attention to details that might escape others, is critical — and the special care I can provide.

My first career — 26 years as a professional engineer — has given me a skillset and a unique set of tools to use in the real estate industry.

I’m a problem solver. I draw on my training and experience to help you resolve issues. I approach my real estate practice the same way I would have approached an engineering challenge: I look at a broad range of possibilities and I try to solve challenges before they become problems.”

Details can kill a sale or a purchase. You have to research the property, look for issues that can cause a client grief after the fact and act accordingly.

Let’s get together

To start a conversation with me, call 250-983-3372 or send me an email at bob@propertyposse.ca. You can also walk into Re/Max Wine Capital Realty’s Oliver and just ask to see me.

Or catch up to me around town — just look for the black Stetson.