Have Your Cake and Eat It Too - GET YOUR TOP PRICE and Your Move Out Date!
Have Your Cake and Eat It Too - GET YOUR TOP PRICE and Your Move Out Date! From the desk of Rod O'Keefe
I Can’t Find My Next Dream Home
The #1 concern I am hearing from most sellers here in Vernon and the Okanagan is “I can’t find my next dream home….”
Right now, in this White-Hot Real Estate Market, sellers are getting multiple offers above list price - it is very exciting to experience this newfound real estate wealth. The very same market is serving a dose of reality to homeowners who sell their homes, turn around, and find a tougher market to buy in.
Unless you are buying in Nova Scotia or New Brunswick, where home values are some of the lowest in Canada, every Okanagan seller is left with the challenge of finding their next dream home in this challenging seller's market.
The reality is – we all want to stay in this beautiful all-season paradise! Buyers trying to purchase here in Vernon or the Okanagan find it difficult, even with more money than ever before from their recent home sale. The best homes are selling quickly for more than the list price with multiple offers! This means now Sellers are on the other side competing with others to buy their next home.
One key solution we have found to assist our clients during this transition from selling to buying is to slow the process down. In other words, we work to get our clients more time to locate and buy their next home.
More time means the ability to plan better, and more time to locate that elusive dream home in this market. Some of the best homes and deals can be found in the off-peak seasons (like fall and winter) when there are fewer buyers to compete against.
So - HOW do we get more time for you to buy?
- Quite simply – ASK AND YOU SHALL RECEIVE. In this strong seller’s market, not only do homeowners have an opportunity to sell at a fantastic price but Sellers are also in the position to set the terms of the sale. To alleviate the stress of selling but also the pressure to find the next home in this fast-paced market, we advise our Selling clients to set the possession/move-out dates that give them ample opportunity to find their next living arrangement, whatever that may be. It is not unreasonable to ask for 4-7 months after the removal of subjects for completion of the sale and your move to take place. Once subjects are removed, our selling clients can confidently move forward to make an offer on their next home knowing their home is unconditionally sold.
These long close or move-out dates give our clients more time to plan, find and move to their next dream home.
By letting the Buyers know exactly what you want upfront (price, dates, conditions), you (as the Seller) are setting the buying criteria. Even when setting defined & stringent Seller’s requirements on our client’s listings, we are still getting multiple offers PLUS we are now getting our customers up to 8 months time for moving out and finding their next dream home!
Too good to be true: Here is a quick testimonial from Brian & Kathy –
“Rod and the O’Keefe 3 Percent team sold our home for $75,000 over list price in 10 days but most importantly we got the 8-month move-out date we needed!”
Sellers, YOU too, can have your cake and eat it too, in this fantastic seller's market!
Contact us anytime to find out other key strategies to get even more money for your home or access to homes that are not officially listed but are for sale.
Let us help you plan your next move without duress or stress.
