The best time to sell your home
They always say that the spring is the best time to sell a home. I couldn’t disagree more.
Let me explain:
In today’s market, the average home in Montreal takes around 2 to 3 months to sell – if priced accordingly. You want to be closing in the spring, not listing it. By the time spring comes, you want your home SOLD – and not still for sale, otherwise you’ll be missing the boat.
So what you do is, you list it in the winter: end of January, beginning of February.
That way, all buyers who are looking to move in by the end of June (most rentals end on June 31st) will be able to have ample time to look at your listing, do visits and make an offer and then notarize by May or June.
Now, this isn’t to say that any other season is not good for selling a home. Just that in Winter-Spring is when most of the sales (volume) takes place.
If you’re thinking on selling, the fist step begins with a call. Let’s talk.
Posted By: Deya Bautista - Real Estate Broker working as part of the McGill Immobilier team. Specializing in high end condos in downtown and Old Montreal. For buying or selling contact Deya at: 514.917.7889 http://montrealrealestateblog.com/
Related Articles:
- When is the Best Time to Sale Your Home?
- Time to list: Income Property
- Marketing Your Home: Beyond Signs and Newspaper Ads
Pssst: Did you get my flyer?
It is now thursday, and if my calculations are right and you live in (one of ) the areas where I advertise, you should have received my flyer on your mailbox.
If you are wandering what it is, the one side looks like this…
The other side will change monthly, with a different message.
I’ve never been much of a flyer advertiser, but this time I’ve decided to concentrate on the areas where I sell the most. So now, new pictures, new flyers and let’s see what gives…
Posted By: Deya Bautista - Real Estate Broker working as part of the McGill Immobilier team. Specializing in high end condos in downtown and Old Montreal. For buying or selling contact Deya at: 514.917.7889
Related Articles:
- Where did your email message go?
- Buying Real Estate for Non-Canadians
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Time to list: Income Property
You’ve probably heard before that September is the Income Property Month.
And why is that?
Summer time is usually slow in Real Estate, people take vacations, kids are off school, etc. etc. Then comes September. But before we go on, lets rewind a bit, so I can explain why is best to list after the summer.
As you already know, Montreal official moving date is on July 1st each year. Most residential leases end then. So when an income property is listed after July [New leases are signed, old ones renewed, etc], as an owner, you will know exactly how many tenants remained and how many are gone. The vacancy rate is very clear. Then you can price and market your place according to it.
This information is crucial for those looking to invest, because it gives them the certainty of the income expected from then until june of the following year.
It will be clear for buyers to know what they are getting into, whether they want to repossess one of the units, rent the whole building or renovate a few apartments to later increase the rent.
Buyers who are looking into income property for just an investment, they will be happy to know that there are still plenty of new listings that come out in february. So, for sellers the timing is quite flexible: List in September or wait until the winter time. Either way, there will be buyers.
If you are interested in selling or buying an income property, contact me today.
Posted By: Deya Bautista - Real Estate Broker working as part of the McGill Immobilier team. Specializing in high end condos in downtown and Old Montreal. For buying or selling contact Deya at: 514.917.7889
Related Articles:
- How to repossess your income property
- Buying an Income Property to Live in
- Repossessing your Income Property