You’ve Found “The Home.” Now What?

The long, tiring search is over and you’ve kissed a lot of frogs. You've finally found your dream home and want to make an offer on the property. How do you know how much to offer and if you’re getting the most value for your money in this Brandon MB market?

The offer phase of purchasing a home isn’t always straightforward and you need to at least know the market on homes in that area so you can determine if you’ll be getting the fair market value for that home. Ask your real estate agent to go through neighborhood  comparable actives and solds with you.  This report should be helpful with the offer process.

Lowballing is a common term in the world of real estate. It means that you’re offering to buy the house for a number that’s far below the market value. You run the risk of insulting the seller and losing the home for good.

But, if you don’t know the fair market value of the home you could overpay by thousands of dollars. To zero in on the market value of the home you’ve chosen, you should know if you’re in a seller’s or buyer’s market.

A buyer’s market means that there are plenty of homes for sale, but a shortage of buyers. This gives you more power to bid lower than the asking price and to even ask the seller to pay for some or all of the closing costs. In a buyer’s market, you’ll find the seller more willing to negotiate.

If you’re in a seller’s market, there is a shortage of homes for sale and you’re likely to have several potential buyers making offers at the same time. A seller’s market is a little tougher to negotiate in because you may need to compete with other buyers.

It’s sometimes devastating to a potential home buyer when their good-faith offer is rejected – especially without a counter offer. This could happen when the seller receives many offers and your offer was much less than the others. Or, the seller may back off of your offer to see if he can eventually get a better one.

All may not be lost, even if your offer has been rejected by the seller. The seller may not have accepted any offer on the home and you may still have time to negotiate by moving rapidly with a higher offer. This may result in a bidding war that your real estate agent will need to help you with.

A buyer’s agent is extremely helpful if you’re a first-time home buyer. He or she will be familiar with the local market and be able to negotiate the best deal on your behalf. You’ll learn a lot during this process, which may be helpful to you when you decide to sell.

If you’re working in a seller’s market and there’s a real shortage of homes in the area, you may still be able to get your dream home. Find a home you really love in an area you’re interested in and write a letter to the homeowner.

It’s a true leap of faith to try this method, but it’s worked for thousands of buyers and it just might work for you. Even if you receive a “not interested” reply, at least you’ll know you tried.

Never rush to make an offer in any market until you’re sure the home is right for you. Unless you do the proper research on the home, you may be rushing in to a situation that you’ll later regret.

Whether you live in Brandon MB, Virden MB or you're searching for acreages in these surrounding areas, the search can be strenuous and time consuming.  You can call on me to be your trusted go to REALTOR®, with insight on all new listings and recent home sales, within our local real estate market.

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.


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!

No comments

Post Your Comment:

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.