Guelph Real Estate Market Report | July 2019 | 227 residential properties sold through the Multiple Listing System (MLS® System) within the City of Guelph in July, representing an increase of 9.1 per cent compared to the same month last year. Guelph home sales in July included 129 detached (up 13.2 per cent), and 45 condominium apartments (up 36.4 per cent). Sales also included 44 townhouses (same as July 2018) and 9 semi-detached homes (down 47.1 per cent).
VIDEO: How-To Price Your Property For Sale in Guelph | Adam Stewart, Realtor® | Chestnut Park West
As many sellers would agree, pricing your property is a balancing act. On the one hand you want to set an asking price that will ensure you get maximum buyer interest. And on the other hand, you don't want to price your property too high that you receive no offers. Before you launch your property online and start your listing campaign, it's vital that your asking price will influence buyers positively.
VIDEO: How-To Prepare Your Home For Sale in Guelph | Adam Stewart, Realtor® | Chestnut Park West | The way you present your home could make a big difference and how it's perceived in advertising, which will in turn, influence the level inquiry, and the number of people at your open home. Buyers today are discerning shoppers. They have the world of real estate at their fingertips, and they become temporary market experts during their house hunt. Buyers are looking for value that's been added to homes, and thoughtful presentation can make it easy to see the unique traits that make your home special.
VIDEO: Did you know that in the hot real estate market, bully offers could be a real problem? Not just for buyers, but agents, too. In every listing primed for multiple offers, the broker remarks say no offers until seven PM on such and such a date. Then guess what. A bully offer arrives early and the seller wants to consider it. Now the listing agent has to contact every other agent who has booked an appointment to tell them the news. I feel that if the properties prime for multiple offers than that is the way it should be sold.
VIDEO: As many people in the Guelph community know, the Village By The Arboretum is one of the very special places in Guelph to call home, affectionately referred to as the VBA. The Village By The Arboretum has been carefully designed to bring residents together in a healthy and active lifestyle. The community occupies one hundred twelve acres south of the University of Guelph, with over nine hundred residents, and is made up of four hundred and ninety seven single family homes and town homes, eighty one luxury condominium units in two buildings, ninety three luxury mid rise apartment rental suites and two hundred eleven apartments and full service retirement suites in the Village of Arbour Trails.
VIDEO: Downtown Guelph Condo Sales | How to Sell or Buy A Guelph Condo Using a Realtor®
So I have a question for you. If you're a condo owner, what do you think really matters with selling your condo? I have a few ideas. Firstly, exposure matters. More than ninety percent of buyers start their home search online. Working with a Realtor like myself gets your listing ten times more exposure to condo buyers by using the MLS platform and our social media strategies combined. And also, Chestnut Park West subscribes to something called the data Distribution Facility. This helps increase the visibility in reach of your listings.
VIDEO: Dealing with Divorce & The Sale of Your House? The most common option to deal with the house during divorce is to sell it and divide the proceeds as per your separation agreement. If neither spouse wants to stay in the family home, or if neither can afford to buy out the other, you can put the property on the market and try to get the best possible price for it. Keep in mind that before the sales proceeds can be divided, you’ll have to pay off the mortgage, any equity line or second mortgage, and the Realtor fees.
VIDEO: I've been spending a lot of time recently, with first-time home buyers getting ready to make an offer on their first property. Always an exciting experience. As an advisor, I ask my clients to check to see if they're financially ready to own a home. We take a look at how to calculate how much you're spending now, what you can afford and your future expenses. Let's take a look at five things to review before you meet with your mortgage lender.
VIDEO: As a Chestnut Park real estate professional Adam Stewart brings a personalized approach to each and every client based on their unique goals and personalities. He believes that understanding your lifestyle is crucial in determining your needs and where you fit in the real estate market. Information is important, so is insight.