Finding the Best Buyer

by Sheldon Johnston and Sara MacLennan on 31. Jul, 2008 in For Sale By Owner, Tips for Home Owners

A video today! Sheldon Johnston discusses pricing, marketing and how to find the best buyer for your home:

Tomorrow….a double dose of stats – weekly and monthly on the same day!

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4 Responses to “Finding the Best Buyer”

  1. mdm 31. Jul, 2008 at 3:28 pm #

    Sheldon,

    can you comment on the notion that “the first offer is often the best one – and might be the only one”?

    This has been mentioned on TV shows like “Buy Me”, and is based on the idea that the first viewings are often from people who have been looking for a property in a particular neighborhood for quite some time, to be close to friends and family, and are willing to compromise on price and quality to achieve that goal.

    *** I totally disagree with this theory and have witnessed it being smashed numerous times.
    IMHO each offer has to be addressed on its individual merits. The best buyer will bring the best offer. If that buyer writes first then it will likely be the best offer but again alot of factors come into play. How long has the property been listed? What is the buyers motivation?

    I would agree that a large percentage of the time it works out that the first offer maybe the best offer. Maybe because the property does meet what the buyer is looking for and they don’t want to lose it.

    Sheldon

  2. Brent 01. Aug, 2008 at 6:04 am #

    TORONTO — As the figures showed the U.S. economy may have slipped into recession at the end of 2007, more evidence emerged on Thursday that the retreat in Canadian housing is beginning to exact a heavier toll on this side of the border.

    Construction activity dropped for a third month in a row in May in Canada while output from real estate agents plunged 16.8% in the month over the year before. Together, activity in the two housing-related sectors fell 4.9% in May from May 2007 — the biggest slide in a decade of available data.

    http://www.financialpost.com/reports/story.html?id=693216

  3. Brent 01. Aug, 2008 at 6:21 am #

    Economy slips 0.1% on ‘see-saw’ ride

    Energy sector weakness contributes to surprising May decline in GDP
    Gordon Isfeld, Canwest News Service
    Published: 2:02 am

    OTTAWA – Canada’s economy took an unexpected tumble in May, as weakness in the energy sector and other major industries highlighted a “see-saw pattern” that has confounded many economists and kept the country’s central bank on the sidelines for months.

    Gross domestic product edged down 0.1 per cent during the month — the fourth decline in six months — after a rise of 0.4 per cent in April, according to a Statistics Canada report Thursday, providing new signs that the economy may be tipping toward recession.

    http://tinyurl.com/5suy7j

  4. jeff 01. Aug, 2008 at 2:17 pm #

    I must’ve said MLS, REALTOR, and COMFREE too many times – your anti-spam software thinks I Spam-A-Lot.