Hi everyone, It’s Chris here.
This post is titled what I said to Marg today, when we were navigating 5 competing offers on one of our listings. So…what topic should we discuss today – how about this crazy HOT (never mind chili pepper, it’s more like GHOST PEPPER hot) market.
Let’s look at this from our Buyer’s perspective. This is an unbelievably frustrating time, when it seems like EVERY SINGLE house for sale sells within hours and with multiple, competing offers, often way above the list price. It’s like trying to rip a band-aid off the Tasmanian Devil: maddening, must be done at breakneck speed, and fraught with danger if you don’t have professional help. (Ahem…this is where we come in.) Buyers are confused, frustrated and disappointed. We are sympathetic to their plight and are doing everything we can to find a win-win solution for every one of them!
You might think it’s a wonderful time for Sellers, being a busy BUSY Seller’s market. Well, you’d be right in many ways (multiple offers driving the price up, minimal time where they’re inconvenienced with showings), however during the time they are listed – the showings don’t stop! The upside is the smorgasbord of offers to choose from, many with no conditions and at premium prices.
Back at our office, that’s where the fun is at! We REALTORS® are trying to keep everyone sane! Marg and I have given up wasting the time it takes to say or type our full names – we are now M and C. Our desks are a sea of multi-coloured file folders and sticky notes. We usually say goodnight to each other electronically around 11 pm because we haven’t been able to catch up on our days until then! I find that my iPad makes a lovely pillow and M has found meals taste just great when eaten at her desk with a computer mouse in her hand.
Although this heated market is shortening both time on market and tempers, proudly we’ve kept our clients safe, happy and housed. How long will this melee last? Who can say? In the meantime, we are here when you need us, and, we do like snacks (hint, hint). Meals take too long to eat.
Marg Scheben-Edey is a Broker with RE/MAX four seasons realty limited, Brokerage in beautiful Collingwood, ON. With three decades of experience, Marg is a leader in the local real estate marketplace and is ready to help guide both Buyers and Sellers in achieving their real estate goals. Email Marg