GILBERT & GILBERT Real Estate Services
September 5th, 2010 
Doug & Krista GILBERT
Direct Phone: 604-618-6736

RE/MAX - treeland
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LANGLEY - POST OLYMPICS, HERE WE GO!!
Thursday, 04 March 2010, 01:27:30 PM
Congratulations to Canada on a fantastic showing in the Olympics! Half a month of festivities, games, and excitement was almost too much for those thinking of selling or buying a home! Well we are now past the party and getting back to life as we know it.

A lot of home owners have approached us with the idea of selling but just have not followed through yet. We anticipate this will all happen at once, but can you gain an edge now? Absolutely!!

Be REALISTIC!! Too many homes are being listed at prices that exceed the prices we had during the peak of the market. We guess they forgot we had an economic disaster and although we are recovering (and in some cases, have crawled back to similar levels), we sure as heck have not rebounded as though nothing at all happened! Let's not forget, Buyers are no dumbies. Think of yourself as a Buyer, you would probably do a lot of research on pricing, ask your Realtor for evidence on pricing, etc.. Not just assume the news media state a rise of 20% and so it must be. The upside to this Buyer research . . . they know a well priced property when they come across one. This creates an attitude of seriousness (or "we need to act on this one now!") and a need to act mentality. So how do you know what is "well priced" when listing . . . market evidence, knowledge of current market situation (and this can change from neighbourhood to neighbourhood), and recieving solid, experienced advice from your Realtors. "Does this mean I have to give my home away, just to be sold?" Absolutely not!! Pricing is not an exact sceince, and there is a "range" that can be worked in, but the caution is, too far above the acceptable range will result in little activity and the frustration of selling without actually getting "SOLD"

There can be many interpetations of "Market Values", depending on what you "want" to hear, or ignore, so be sure to go in with "eyes wide open" & process all the information before judgment.

Any thoughts on your market perception are always appreciated and gives us a great insight to the "mind state" of the public in general. What are your thoughts, comments?
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