Is now the time to list your home?
Updated September 18, 2017
Summer is over and our web site and MLS is lighting up with clients looking at property. We have active clients looking for properties in the $350,000 to $600,000 range. Most popular are homes with an ocean view and in good condition. Fixer uppers and mobiles are also selling. We presently have many more buyers than available listings.
The Vancouver Island Real Estate Board (VIREB) reports that single-family home sales dipped in August, down to 540 from last year’s 622, a decrease of 13 per cent. Sales declined by three per cent from July, which saw 557 sales. However, although fewer units are moving, the board attributes it to lack of inventory, not a cooling market. There were only 1,349 single-family homes for sale in August compared to 1,395 last year, a decrease of three per cent. Not enough supply is coming onto the market to keep up with demand, which results in homes selling faster and for more money.
For more information visit http://www.vireb.com/index.php?page=20
So the answer to the question: “Is now the time to list your home?” is YES
If you have a home in that range, in reasonable condition and you price well against comparable properties, you will likely sell your home fairly quickly. Pricing for value is critical. People search in price ranges and so listing a home at a price of $405,000 instead of $398,000 can mean missing more than 100 potentially qualified buyers. So price your to sell not just to list.
If you want to know more about the value of your home you can fill out the form below. If your home has been on the market in the past 10 years then all I need is the address and a note of any changes you have made. I will prepare an initial “Comparative Market Analysis” that we can discuss on the phone. If you are still interested we can set up a time to view your home and discuss a plan for putting your property on the market. No BS, no pressure. There is no cost to you until your home is sold.
If you are considering purchasing a home you can also fill in your details and tag "Buying" instead of "Selling". Remember, buyers normally do not pay a Realtor any fees for finding them a home.
Or you can just give us a call at 250-924-4808 and lets talk about it. There is no cost and no obligation.
Recommendations from my Clients
"Thanks Gerry for your professional and thorough handling of the sale of our home in Cobble Hill! Thanks also for helping us to find our new "downsized" living in Chemainus! We are so very happy here! P&D"
"You have done a great job as our realtor. We were very fortunate to have called your number on the listing sign and gotten such an ethical, professional, salesperson with such high standards. We will definitely refer you to all our family and friends, and use you ourselves in the future." - Larry and Lorraine
"Gerry has provided the perfect balance in our hunt for a home. Gerry is knowledgeable in the market side of real estate, but also has an extensive bank of information with construction and physical structures. In addition to his knowledge, Gerry has a laid back, no pressure personality which is exactly what you want when you're deciding how to settle in to a house." - Stacey and Sarah
"Gerry was a true professional throughout the entire selling process. In a word I trust him." - Martin
"Gerry went the extra mile to ensure a seamless process during a challenging purchase. His support, guidance, and professionalism was second to none. Thank you Gerry for getting us into our new home!" - Tasha & Aaron
"I really want to thank you for everything you have done for me. I know that customer service is a big part of your job but you really have gone above and beyond." - Patricia
"Gerry was extremely helpful during our search for a home... With his background in construction, he was even able to point out potential problems for our home inspector to check out. We strongly recommend Gerry Beltgens!" - Anthony & Nella
"I would also recommend you as reliable real estate agent. thank you again for all the work you did." - Sharon
Note - Additional contact details available upon request