Pros and Cons to Consider Before Deciding Whether to Sell Your Existing Home Before Buying Your Next Home Buy First Buying first can make the house hunting experience more enjoyable.  There is no looming deadline approaching by which you must find a home to live in and move by a certain date.  If you make an offer on a property and it is unsuccessful, you keep looking until the right opportunity comes along. However, if you do make an offer, it should be conditional on the sale... [read more]

Real estate statistics are frequently quoted in the news.  But what do they really mean? How familiar are you with these commonly used real estate terms? DOM – Days on Market The number of days a home has been listed for sale. NOTE: if a listing has been cancelled and a new listing issued for the same property, often for a reduced price, the DOM count restarts.  It is important to ensure your Realtor is checking old listings for the property, so the total DOM is... [read more]

When making an Offer to purchase a property, the Offer is submitted by the buyer (or the buyer’s agent), allowing a defined amount of time for it to be considered by the seller.  During that time, the buyer cannot alter or withdraw the Offer.  The buyer commits to uphold the agreement until the irrevocable date and time as stated in the contract. During that time, the seller can accept the Offer, reject the Offer or sign back the Offer, with adjusted terms.  If the Offer... [read more]

Although Real Estate Services and Realtors are deemed “Essential”, it is definitely not business as usual! In order to maintain Social Distancing, and to minimize gatherings of more than 5 people, Open Houses are no longer being hosted.  Therefore, a potential Buyer needs to have a Realtor book a property showing on their behalf. Booking a showing used to be as easy as the Buyer’s agent calling the Listing agent’s office or booking online, and usually... [read more]