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5 Essential Things to Consider When Choosing a Place to Live


The thought of relocating to a new place in a new house can be an overwhelming prospect, even when the move is entirely voluntary. Whether you’re looking for a better job, lower cost of living, better educational opportunities, or you just want a fresh start, moving to a new place can be both a blessing and a burden.


Choosing where to move is perhaps the biggest decision you have to make as it will ultimately influence all aspects of your life. How exactly does one know where to move to or find the perfect place to live? Well, before you shop around for houses or look for a real estate agent, you better read this guide, so you can decide where you should live.

Find Out What Is Most Important to You

The first thing to do when deciding where to move is to assess your lifestyle and determine your needs and wants. You need to be able to list down what is a must when it comes to a home and what is desirable but nonessential.


Do you want to experience the hustle and bustle of the big city, or do you prefer a small town in a rural area? These are just some of a few examples of questions you should ask yourself when looking for a place to move to.

Factors to Consider When Choosing Where to Move

The decision where to live should be approached with a lot of care and consideration. From job prospects to the cost of living, every detail matters. Here are some things you should consider:

  • Professional Opportunities - anything that has to do with your career will be one of the most significant deciding factors in choosing where to move to. Sometimes, it’s the very reason why you even considered moving in the first place. Make sure you have a good job opportunity waiting for you in whatever place you decide to live in.
  • Affordability - Now, a good job doesn’t guarantee that you’ll have a good life as well. No matter how good your job is or how big you’re earning from it, if the cost of living is too high, then it might not be the best for you. Consider the cost of living, the prices of homes for sale, and the kind of taxes you’ll be paying for in the next couple of years.
  • Climate - Your mood, disposition, and your overall outlook in life can sometimes be affected by the climate or the weather conditions of the place you live in. Do you like the cold winters and short summers of the North, or maybe you like the hot summers and rainy winters in the southern part of the country?
  • Culture and Lifestyle - Every city, every town has its own cultural scene and different places that offer social opportunities. Consider your hobbies, interests, and desires and determine if the city you’re planning to live in is the right match for you.
  • Transportation - Commuting is also a big factor to consider as it ultimately affects your cost of living and the time you spend travelling on a daily basis. If this is a big deal for you, you should focus on looking for places with good public transportation systems.

Conclusion

Those are just a few of the many considerations you need to think about when looking for a place to live in. Having seen all the relevant factors, you only have one thing left to decide on, and that’s where you would actually like to settle down and spend the next couple of years of your life.


If you’re looking for the perfect home for yourself or your family, it’s best to work with a real estate agent you can trust. Chris Low is an experienced real estate agent offering services that go above and beyond your expectations. Find the perfect property for sale in Manitoba with the help of Chris Low, REALTOR®.

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3 Factors to Consider When Purchasing a Second Home in Canada


After buying your first home and enjoying all it has to offer, you may be considering purchasing a second home at some point. For instance, you may want to have your own weekend getaway to relax and unwind far away from the hustle and bustle of the city without worrying about finding available accommodation and securing a reservation. You may also want to have a summer home that you can access whenever you want, allowing you to enjoy a change of scenery at a moment’s notice.


Owning a second home is an excellent investment to make, whether you intend to use it or rent it out. However, there’s a lot of research that goes into finding the right property to call your own for the second time, especially in determining your financing options. Luckily, buying a house will be made easier by working with the best real estate agent and following our guide.


Here’s what you should consider when buying a second property:

1) Property Type

Whether you plan on buying a summer home or a place to rent out, you’ll need to determine the type of property that works best for its intended purpose. For instance, if you are purchasing it for income purposes, you’ll want to look for homes in a business district, like an apartment or a townhouse. To make the most bang for your buck, you’ll need to find a highly sought-after location.


It’s important to note that you may change your mind about the property and decide to convert it into a retirement home. It’s best to choose a location you wouldn’t mind living in, even if you intend to rent it out. This rule of thumb also applies to properties bought for seasonal purposes, whether it’s a quaint cottage you can spend your summers and winters in or hope to rent out to vacationers.

2) Insurance Costs

Another critical factor to consider when purchasing a second property is the insurance costs that come with it. Most homeowners forget about this and end up with even more expenses than they had expected, as insurance bills are unavoidable. Once you’ve laid your eyes on a property, it’s best to start asking for insurance costs to determine if it’s within your budget.


Your property’s location and purpose influence how much your insurance will cost. For example, if you buy a house by a body of water like a lake, you’ll have to pay for flooding insurance. If you rent the property out to tenants or vacationers, you’ll also have to pay for more insurance to protect yourself from instances in which they get injured while on your property.

3) Maintenance and Upkeep

Lastly, you must also account for maintenance and upkeep costs. If you’re buying the property as a seasonal escape for your family, you’ll still have to pay for utilities every month, even when you aren’t using them. You’ll also have to consider repair work that may result from months of disuse, like damaged pipes.


Meanwhile, if you’ll be renting it out, you’ll have a much easier time with the utility costs because you can integrate those into the rent cost. It is crucial to decide on renting your property for the long term or only a few days, weeks, or months, allowing you to estimate how much you’ll have to pay for utilities.

Conclusion

Purchasing a second home in Canada comes with a world of benefits. However, it is unwise to buy one willy-nilly without considering all the details and expenses that go with it. By accounting for these three factors and working with a real estate agent, buying a house will be much easier than expected.


Chris Low is a real estate agent buying and selling residential, commercial, and farm real estate in Manitoba. Whether you’re selling or buying a house or you’d like to know how much your home is worth, I’m the one to call. Contact me today to find out more about how I can help you meet your real estate goals!

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New property listed in Hamiota
I have listed a new property at Hamiota.
R32//Hamiota/8.5 Quarters of B Class land for sale. Titled land listed is 1,358 acres with 1,010 acres cultivatable. (Cultivatable acres are provided on a good faith, best effort basis. No representation is being made to their accuracy). The soil quality is high with all quarters being rated 70% 2T and 30% 6W (CLI Classification). Please allow 48 hours for acceptance of any offer. (id:2493)
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6 Tips for a Successful Curb Makeover - Our Guide


Are you thinking about selling your home? Before you put it on the market, you may want to upgrade it a little bit to attract more prospective buyers. Apart from focusing on the interior design, make sure to direct your efforts to the exterior elements of the property.


When people buy or sell commercial property, curb appeal can be a determining factor. If people appreciate what they see on the outside, they are more likely to look inside. Check out these six simple and inexpensive tips that will improve your curb appeal, attract potential buyers, and receive more money for your property:

Tip #1: Repaint It

The sun, rain, and other elements can quickly deteriorate the exterior of your home. Giving it a fresh coat of paint is the best way to bring life back into it.


It's vital to choose a paint colour that complements the design and appeals to a broad range of potential purchasers. Aside from the walls, you should also paint the front door, shutters and trim, and the porch.

Tip #2: Install New Hardware

When it comes to a buyer's first impression of homes for sale, small details matter a lot. These will make your house stand out against the competition.


To improve its beauty and value, consider replacing or refinishing your hardware, like the doorknobs and handles, house number, and mailbox. Doing this will go a long way toward boosting your curb appeal if it complements your home's decor.

Tip #3: Do Some Landscaping

A lush, green, and well-kept yard, as well as adequately arranged and trimmed garden beds, may make a big difference that is never overlooked. Aside from mowing the lawn and watering some flowers, you also have to prune plants, remove weeds, put fresh mulch, and other decorative but necessary things.

Tip #4: Add Outdoor Lighting

As the sun sets, you may use landscape lighting to emphasize prominent elements of your yard, such as plant beds, paths, and seating spaces. There are many options, from classic lanterns to the more modern spotlighting.


Nonetheless, when choosing which one to install, go for the ones that will match your house's finishes. Also, make sure that your lighting selections are as warm and energy-efficient as possible.

Tip #5: Maintain the Pavings

Of course, you wouldn't want to forget the driveways and pathways. Yes, paving projects may be expensive, but there are ways to repair and upgrade them without costing much. For example, deep cleaning with a pressure washer may make it appear brand new. You can also kill the weeds and fill in the cracks around your driveway and walkway.

Tip #6: Complete with Accessories

Small touches may help potential buyers see themselves in the room and make your home feel more welcome. Welcome mats, potted plants, door wreaths, and porch chairs are all valuable additions that may improve your curb appeal.

Conclusion

Improving your curb appeal is a marketing tool. It gives first impressions and sets expectations. If a prospective buyer likes what they see on the exterior, they are more likely to check inside. More importantly, enhancing a home's curb appeal will increase its value and speed up its sale. That said, make sure to keep this guide in mind!


If you want to explore residential and commercial real estate in Manitoba, Chris Low Realtor can present you with several options that will successfully meet all your needs. Aside from buying and selling properties, we also offer home appraisals, evaluation, and other necessary services. Reach out to learn more!

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New property listed in Brandon
I have listed a new property at 25 Sifton Avenue in Brandon.
D24//Brandon/Gorgeous North Hill Bi-Level ready for your family to move right in! A 5 minute walk to the Sportsplex, Kirkcaldy School and the Corral Center, this Professionally landscaped property front and back with In-ground sprinklers and tiered deck is a sanctuary you will fall in love with! This 4 BED 3 BATH 1332 Square Foot home also features a large eat in kitchen lit up by an overhead skylight providing an abundance of natural light. The spacious master bedroom with full en suite is sizeable enough to include your office space. The lower level includes in floor heat and bar area plumbed in and ready for your design. The double garage also includes in-floor heat, a work bench and a loft for extra storage. Other features include: Vaulted ceilings, 6' jet tub, 2'X6' exterior walls, large pantry, main floor laundry, new HWT (2020), R/O system (2018), new dishwasher (2020), new high efficiency furnace (2020). Call your REALTOR today! (id:2493)
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3 Effective Tips for Selling Your Home Fast in March - Our Guide


If you decide to resell your home, you want to have a good resale value. Unfortunately, the real estate market can be unpredictable, which means you cannot just sell anytime. Doing so will put you at risk of losing the money you are supposed to get. The best way to deal with this is to wait out the market a bit and list later to get significantly more cash on the same property.


According to top real estate agents, the best time of year to sell houses is during March. They based it on local trends in the real estate market. Since the competition can be tough, here are some tips to help you attract homebuyers and sell your home fast that month:

- Boost your Curb Appeal

March is the perfect time when potential homebuyers spend their weekends looking around for the home of their dreams. To capture their attention right away and ensure they notice and consider your house, make your property appealing by boosting your curb appeal. For instance, have a well-maintained yard by planting flowers and mowing your grass regularly. You can also apply a fresh coat of brightly coloured paint on the door to give them a warm welcome.


Your lawn might seem an insignificant detail that no homebuyer would notice, but this small part of your house is important to them. Keep in mind that they want a fresh start, and this includes having a new property they can call their home. Don’t ruin that experience for them by neglecting the dead patches of grass and weed on your lawn. Prioritize making a positive impression by paying attention to what you can see in front of your home and improving their appearance and functionality.

- Use Seasonal Benefits to your Advantage

Selling a home in an area that experiences all four seasons means having potential homebuyers who are likely to consider the seasonal trends before buying. Since March in many regions of the country has pleasant weather, take advantage of this. You can also expect more active buyers are looking for homes for sale because they are more motivated to sell when the temperature begins warming up.

- Consider the Competition

As you do your research about property selling, you might have read or heard that May is the perfect time to sell your house. While it is an excellent time to put your home on the market, you will have many competitors pitting against the homebuyers’ attention. In other words, listing in May can help you sell faster, but competition is certainly higher. You definitely will have a hard time standing out in the market if your neighbourhood is saturated with properties for sale around the same time. Because of this, it’s best to list your house earlier than May to get a better price.

Conclusion

The month can affect the price and the amount of time it will take to sell your home. While navigating through the world of real estate can be tricky, you now have a better idea of how you can make sure potential buyers notice your house. All you have to do is follow the tips above. You can also partner with an experienced real estate agent like me for further assistance and support.


If you need the expertise of the best real estate agent, then you’ve come to the right place. I run Chris Low Realtor, and I can help you get the best deal for your property through my in-depth knowledge and years of experience. I also offer a home value estimator so you can find out the value of your house on the current real estate market. Contact me to learn more about how I can help you!

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4 Reasons You Need the Help of a Real Estate Agent


Whether you are buying a house for the first time or you’re planning to put your current home on the market, you know that dealing with real estate is always complicated. Unless you are a highly-trained real estate agent, you could easily get confused with how things work and all the paperwork involved. For that reason alone, you can already tell that you will need a seasoned real estate agent on your side to help you navigate the entire process of buying or selling a home.


But in case you need more reasons on why you should work with a real estate agent, here are four of the best ones that we’ve rounded up for you: 

1) They Offer Convenience

Do you know how stressful it is to search for homes that meet your requirements if you’re doing it on your own without an agent’s help? Real estate agents have access to listings and all the information necessary to find the best properties within the area that suit your needs. If you’re buying without an expert by your side, you’ll be the one to make calls to other agents representing the sellers or the sellers themselves, set an appointment, meet with them and more.


The same goes if you’re the one selling. You’ll have to get the word out there that you’re selling your property, contact photographers, hold an open house, and other tasks needed to sell your home. You see, if you don’t fully know what needs to be done, you could end up skipping important steps or missing out on good opportunities for higher returns!

2) They Negotiate for a Living

One of the most challenging parts of buying or selling a home is negotiating with the other party. It’s not just the price that you’ll have to negotiate but also which appliances are included in the sale, certain fees, and closing dates, among others. Because you can bet the other party wants to get the most from the sale, you’ll find it hard to negotiate in your favour. Real estate agents, on the other hand, negotiate for a living. It’s one of the things they’re trained to do, so they can help you get to that sweet spot where both you and the other party will both be satisfied with the terms of the sale.

3) They Can Take Care of All the Paperwork

Contracts are complicated, but they are legal documents that protect you and the deal both parties have agreed to. A seasoned real estate agent can handle contracts easily because they are familiar with the terms used, what should be included and how to ensure that the contract protects your interest. This is something that you might not be able to do as you don’t know what you’re supposed to see on the contract in the first place.

4) They Can Help You Buy or Sell a Property Faster

Keep in mind that real estate agents are well connected in the community. They know people who are looking for homes and those selling their properties. Besides that, they also have contacts like lawyers, property inspectors, photographers, and other professionals who are involved in the process of a real estate sale. This means that they can tap on these pros to smoothen out the process. If you’re doing it on your own, you’ll have to look for such professionals by yourself, and you may not even be certain that you’re getting the right people!

Conclusion

Contrary to what some people believe, there are actually many advantages to getting a real estate agent to help you buy or sell a house. Just their expertise in the field alone should give you the assurance that you’re going to have a better experience with their assistance. Of course, it also depends on whether or not you get a reliable real estate agent!

 

If you want the best real estate agent who can help you buy or sell your property in Brandon or Virden, Manitoba, choose Chris Low. Chris will be with you every step of the way of your buying or selling journey and ensure that you get the best deal possible, so get in touch today!

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3 Common Mistakes Commercial Property Sellers Make: A Guide


Owning commercial real estate for sale is a privilege, yet it can also become a huge responsibility when you sell it. Unfortunately, most owners lack the experience and knowledge to sell real estate.


For instance, you need to compare various price points and ensure there’s a balance between having a competitive yet profitable price. Remember, your main goal is to sell your property for a favourable price and look into the possibility of either buying more real estate or investing the money in other ventures. One wrong figure can make or break your return on investment. That’s why knowing more about the property selling process is of utmost importance.


This article will discuss the three most common mistakes commercial property sellers make. Take this as your starting point to ensure you can avoid these pitfalls, allowing you to present your listing in a way that best represents your ideal buyer.

Mistake #1: Failing to Know Why Prospects Want to Buy or Sell Commercial Property

Before you sell your commercial property, you may already have preconceived notions about the typical buyer, allowing you to spark relevant conversations towards selling your real estate. However, the problem with this approach is it’s only looking into the buying perspective, which is just one side of the conversation. But why exactly would a prospective buyer want to buy your property just to sell it again?


The truth is the commercial side of real estate is a huge, profit-producing business. If they collect more properties for sale, especially those nearby, it can build their reputation as professional real estate investors. It can also be a way to transform multiple lands to service a corporation’s wishes to scale their operations by having a monopoly on viable locations.


As such, it’s best to always note your buyer’s intent of purchasing the property, giving you the chance to present your real estate as a worthwhile asset. It gives you the chance to sell your property quicker, expand your connections in the commercial market, and look into the possibility of being a real estate investor.

Mistake #2: Having No "Property Story" Ready

Every commercial property has a special story worth telling, especially to buyers. Remember, you are essentially marketing your product to them, so if you don’t sound enthusiastic about it or have a boring pitch, it can lead most prospects to ignore you.


If you are confused about how to craft your property story, just remember to go beyond the typical opening line for selling, like listing the technical features. You can talk instead about how you first came across the commercial property and share its intended purpose, like if it was supposed to be a restaurant or a property that was handed down in your family for generations. Don’t forget to include any distinguishing characteristics, like included assets with the purchase. For further guidance, it’s recommended to consult with a real estate professional to go over some marketing pointers.

Mistake #3: Resorting to Independent Selling Without a Real Estate Agent’s Assistance

You may be looking into selling the property yourself since you believe you have the connections you need. While you may have the capacity to do it independently, the point here is you can miss out on valuable real estate tools and services to boost your commercial property’s value across various interested buyers. You may even get the chance to see it for higher than you were offered.


With the professional assistance of a real estate agent, you have access to their Multiple Listing Service, an innovative platform for more agents and buyers to hear about your property more than you would by simply putting it on the Internet. You can also get relevant information about any buyers’ trends, giving you the opportunity to meet demands and maximize your sales efforts.

Conclusion

If you are selling your commercial property, you may make some mistakes, causing prospective buyers to take advantage of your inexperience. Fortunately, you now have a much-needed awareness of what you shouldn’t do. Just remember all the common errors mentioned above, identify with the right professional to help you, and make informed decisions based on research and real estate market-relevant information.


Are you looking for the best real estate agent in Brandon and Virden to help you sell your commercial property? Consult with me, Chris Low. I am well-versed in helping many clients buy or sell their residential and commercial properties. Talk to me today to set the appropriate price for your real estate!

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4 Quick Tips for Selling Your Farm - Our Guide


If you’re thinking about selling your farm to reduce your responsibilities, earn more money, or relocate, now is the time to do it. The housing market has been doing incredibly well recently despite widespread uncertainties caused by the pandemic, which gives you a golden opportunity to put your farm up for sale.


Additionally, rural real estate investors and low-interest rates make small farms even more valuable, especially as subdivision developments continue to rise. Now that most people are working from home, they’re now considering moving farther away from the city, making farms for sale like yours even more profitable. Here are four easy tips for selling your farm:

1) Work With a Real Estate Agent

Once you’ve decided to sell your farm, you’ll need to work with the best real estate agent to create your listing and make sure you include all your property highlights. It’ll take a few days or weeks to complete your listing since you’ll have to do a thorough search of your property to familiarize all the essential details and features the listing must disclose. These include known defects, easements, water and mineral rights, and other crucial information. A proper real estate agent can also carry out a comparative analysis of sales prices on properties like yours to help you come up with the right price.


Real estate agents will help you pinpoint the unique qualities of your farm and take care of the paperwork that comes with selling it. They can also look for property photographers to take attractive pictures of your farm and write an attention-grabbing description, which is sure to draw potential buyers to your doorstep. With these real estate professionals by your side, selling your farm will become less stressful!

2) Consider the Timing

You may have heard that the best time to sell your farm is during the summer, although this highly depends on where you are relocating when selling your farm. Additionally, the housing market can also grow dull in the summer depending on circumstances, so it’s crucial to think about the most strategic time to sell your property.


It’s vital to consider your farm animals as well. If you own a few horses and you have a contact who is willing to board them while you look for a new property, then you can shop around after selling your farm. However, if your menagerie consists of many different animals, you’ll need to craft a solid exit plan to ensure their care while accounting for the best time to sell the property.

3) Craft a Contingency Plan

Every farm comes with its own set of quirks that you’ll need to address in the sales contracts through a contingency plan. This clause is often written into real estate deals that provide parties with the right to exit their contract under concrete, specified circumstances that both the buyer and seller agree on, protecting both parties from future problems. A real estate agent can also assist in this area.

4) Stage Your Property

Lastly, you’ll need to stage your farm and make sure you showcase its highlights and qualities to interested buyers. This process is similar to staging residential properties, although this will be a bit more challenging since you’ll also have to factor in your farm animals and equipment. However, to make it easier, a real estate agent will offer you a to-do list that will beautify your farm, improve its value, and make it look more appealing for interested buyers. These may involve inexpensive fixes.

Conclusion

When it’s time to move on from your farm, you’ll need to work with a real estate agent to prepare it for the market. Real estate sales can move faster than expected, so it’s crucial to iron out everything to make sure it’s ready for showing. By following these tips, you’ll have a smooth experience in selling your property.


If you’re looking for farms for sale, let me know at Chris Low! I’m the best real estate agent in Manitoba that works with clients to buy and sell residential, commercial, and farm real estate. Contact me today to find out more about how I can help you sell your farm!

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Before Your Put Your House for Sale: 3 Things to Consider


The real estate industry is all about judging a book by its cover. This is why the first step to creating a noticeable listing is to curate a compelling visual portfolio online. With the expansive range of digital marketing, your professional real estate photos can attract prospective buyers to visit your home.


However, the images you curate won’t always be close to what they’ll see. Since photographs don’t display the full scope of your property, you may have worked your way around rearranging furniture here and there. To prepare for a good open house, you need to ensure that every corner of your home looks as good as your photos from all angles.

Setting Your Home Up for Success

There’s a vast difference between promoting your home listing online to showcasing it in person. Open houses are more intimate interactions between prospective homebuyers and the property they’re inspecting. For this reason, you need to clear any distractions that could prevent you from winning them over.


In this article, we’ll share three things you need to double-check before putting your house for sale.

1) Cleanliness and Orderliness

Like having guests over to your home, it’s best to prep your interiors to be as neat as possible. This includes sweeping the floors and vacuuming your carpets. Keep in mind that some homebuyers are more sensitive to dust and allergens than others. For this reason, you must accomplish your cleaning task at least a few hours before your appointment with prospects.


Besides maintaining cleanliness, don’t forget to make things orderly indoors. This means removing personal items or trinkets like family photos. If you want to keep your frames hung, remember to replace your pictures with stock photo placeholders. This makes it easier for guests to imagine themselves living in your property and not as visitors to another’s home.

2) Proper Lighting

Daytime showings need to highlight how much natural light your home can offer. If you have a fully furnished home, use this opportunity to feature the effect of your furniture with light sources. Mirrors and metallic furniture can do wonders to expand the feel of your interiors.


Displaying how your home will look in nighttime conditions will be a vital factor for home buyers. If your showings are after dusk, make it a point to turn your exterior lights on for your scheduled guests. This isn’t just a safety concern but also a way to highlight the marketability of your home.

3) Garage and Lawn

Most homeowners keep their focus on curating an organized tour inside the home’s different rooms but forget to attend to the garage and lawn. These two areas can be the most important selling point of your property. This is why you need to trim your greenery to be as presentable as possible. Additionally, your garage needs to be clear of any junk. Remember to keep a list of these areas’ dimensions for your buyers’ reference. It’s also helpful to bring your own measuring tape for their convenience to simulate the placement of their vehicles and other equipment.

Conclusion

Putting your home up on the real estate market is a brave move that not many homeowners are willing to take. Nevertheless, it’s a natural progression of earning your keep from paying your mortgage and moving on to a better living situation. Thankfully, you don’t have to go through the entire home selling process by yourself.


Many amateur and veteran homeowners can commit crucial mistakes in selling their homes. For this reason, I make sure my services can guide my clients through the process of making a secure and efficient sale. If you need a capable real estate agent from Manitoba, I'm the right person to call. Contact me today at (204) 573-5699, and I'll ensure that your home selling worries will be a thing of the past!

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4 Hot Tips When Buying a House in a Seller’s Market


A home seller’s market is a matter of economics where inventory is low and demand is high. Unfortunately, this leads to some homes being on the market for only hours with competitive bidding. When buying a house, this cut-throat competition can put you in a bidding war that you can’t always win. The following tips could help you gain the advantage you need to compete among other buyers.

1) Determine Your in a Seller’s Market

This is the first step you should take to make the necessary preparations to compete in a seller’s market. Knowing you’re in it will help you adapt and shape your home buying strategy to better fit the current market conditions.


You can easily do this by using a market absorption rate calculator, which tells you how many months it would take to sell all the remaining homes or inventory for sale in a given area. Getting a low number means you’re already in a seller’s market. Once you’ve determined you’re in a seller’s market, you can get advice from a real estate agent on the next course of action to take.

2) Make Your Best Offer First

In strong seller’s markets, it is recommended that you make a list price offer quickly to prevent competitive interest. There’s a chance that the seller’s agent is already happy to get their price instead of getting an extra few thousand dollars from multiple buyers. That process alone can take up considerable time and effort, and they only get very little compensation from it. You can take advantage of the lazy seller’s agent and close a deal fast, which is exactly what most agents want in the first place.

3) Get Ready to Bid and Pay More Than the Asking Price

Posting your offer quickly doesn’t always work, but it’s worth a shot. When it does fail, and you get competition for the house you’re aiming for, be prepared for it to not be your final offer.


Home buying activity in a seller’s market is hot, and it will likely just get hotter as more buyers compete for the same house. This can make it harder to lock in a deal, so don’t expect to get a discount any time soon. In fact, it’s quite possible that you’re going to pay a bit more than the asking price. However, if you’re really determined to get the house, then bidding is the only way to beat the competition.

4) Counter Offers Are Rare

While we mentioned the possibility of bidding, sellers don’t always consider it. They can easily just pick the best price out of all the offers they’ve received, even if they got more than 12 offers at once. So there may not be a chance to give a counteroffer, but if you happen to see an opportunity to give one, then you should take it and give a better offer. However, as a buyer, you really need to put your best offer on the table the first time so you can have a higher chance of winning the house.

Conclusion

Competing in a seller’s market can be exhilarating and frustrating at times. But there’s no reason to get discouraged since getting the house you’ve always wanted, despite the market conditions, is worth the trouble. With the right amount of preparation and patience, you can make a few good moves that could help you land the house of your dreams.


Whether you’re buying or selling a home, Chris Low is here to help you. He is committed to going the extra mile to ensure that all of your needs are successfully met in a professional and honest manner. Whenever you need a reliable real estate agent to work with, don’t hesitate to contact Chris Low Realtor®. Give him a call today to get started!

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.