Archived blog posts for : March 2020

Can you sell a home during the Covid-19 pandemic?

Posted on March 30, 2020 by Andrew Hasman

Here's Our Personal Perspective

How our world has changed in just a few short weeks. For most of us it means being confined to our homes only popping out for some fresh air, exercise and picking up groceries.

Jill and I want you to all know that during this crisis we will be working from home, taking calls and answering any of your inquiries. We think that for the most part, sales and new listing activity will slow down dramatically. That being said, there are always some home owners that have to sell for time sensitive reasons. For those few we want you to know that we are here to help. There are precautions that can be taken to minimize the health risk to all involved when it comes to listing and marketing a home.

If You Have to Sell

We are now implementing Virtual Open Houses, 3D Video tours of homes and procedures to ensure safety when it comes to in person viewings of a property.

During the pandemic there will be NO public open houses. All in person viewings will be handled in a controlled environment to ensure buyers enter a home 1 group at a time and use hand sanitizer prior to entering the home. Buyers will also be instructed to avoid touching any surfaces in the home. All buyers will be asked a series of questions to ensure they are not feeling unwell or have travelled in the past 14 days. Our clients & the public’s safety are our top priority during this challenging time.

For the majority of home owners and buyers, real estate may be far down on your list of priorities right now. We get it.

For most we all want to stay healthy and see this crisis behind us as soon as possible.

Jill and I want to wish everyone to stay safe and healthy and look forward to connecting with you soon.

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March 2020 Market Update

Posted on March 15, 2020 by Andrew Hasman

March home sales are looking brisk in Vancouver

Sales have been brisk throughout the market, especially in the lower end of the market.

Prices in general are higher than they were 6 months ago.

There is a shortage of inventory, leading many houses to go into multiple offers, especially in the lower end of the market.

The lower end of the real estate market in Vancouver

The properties under 2 million have been selling very well, with most places going into multiple offers and selling for above asking price. There are a lot of buyers looking.

Buyers need to get organized with financing to be competitive in multiple offer situations.

If you are looking for some tips to add a lot of value to your home before putting it on the market without spending a lot of money give us a call.

Effects of Covid 19 on the Vancouver real estate market

There is no impact yet from covid 19, it still seems to be business as usual for now.

We are likely to see some impact in the next quarter, but this may be offset by the new lower interest rates and lowered stress tests.

Interest rates may be lowered again, things remain uncertain going into the next quarter.

I want to sell my house, where do I start?

If you are thinking about selling your house we can recommend a number of strategies to help you do this, and Jill or I would both be happy to meet with you to discuss some of these.

Pride of ownership goes a long way, and if you have been taking good care of your home it will be better positioned in the market.

As always, we are evailable for a no obligation home evaluation, just click below to talk to either myself or Jill.