Pricing and Strategy

Market appears to fluctuate – demand is there and sometimes with a bit of luck sellers are still getting premium prices. We are not always expecting multiple offers on an offer date, so many times we are pricing closer to market with even a bit of room to negotiate. Surprisingly we are getting the multiple offers weeks into a listing. We had a condo listed for almost 3 weeks – a number of showings but no offers. On our third week we ended up receiving what we thought was a fair offer and were prepared to take it when a second substantially better offer came in at the 11th hour. One never knows how things will go. Pricing and strategy are key.