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What is the best thing that you can do to win in this busy market? If you’ve been following the news, you may have heard about the Bank of Canada’s recent interest rate drop. They have lowered the overnight lending rate by 0.5%, bringing it down to 3.75%, making it the fourth consecutive cut this year. Add to that the results of our latest data showing that home sales increased by 6% since May, the highest level since July 2023.
This trend is setting the stage for more consumer confidence, signaling a busy market ahead. As a buyer or seller, are you ready to enter the market? How do we make the right decisions to land the best home deal?
This is where your Realtor comes in. The right one will be your greatest asset as you go through the process of buying or selling your home. There are five ways that we can help:
1. Market insights. Your real estate agent has access to valuable local housing data and can help you make sense of market trends and what to expect when you’re buying or selling. An experienced agent knows how to effectively deal with multiple offers, prices going over asking, and crowded open houses.
2. Negotiation skills. No matter what the interest rates are, the most important thing is that your real estate agent looks out for your best interests. We ensure you’re comfortable with the final price and negotiate on your behalf. It’s better if you can find someone who has specialized negotiation training so you can get the best deal.
3. Financial guidance. Did you know your real estate agent can assist you even before you’re pre-approved? With interest rates dropping, you need to act quickly. We can connect you with lenders and offer tips to secure a better rate. Plus, tools like the home affordability calculators can give you useful insights into your finances.
4. Professionalism and sense of security. One of the biggest worries when buying or selling is the uncertainty of the whole process. Your agent gets this and will help you with some of the complex parts of the process, from land transfer taxes to legal fees. We make sure you’re not rushed into decisions you’re not sure about.
5. Home buying and selling MVP. Your real estate agent is your personal real estate MVP. While you focus on financing, we’re busy setting up property searches, marketing your home, and even attending open houses for you. The work we do behind the scenes can give you a real edge in this competitive market.
When you partner with a knowledgeable agent, you’re not just getting a guide; you’ll also have peace of mind. We’re the first ones keeping an eye on market trends and housing data, with your best interests as a priority. You can buy or sell with confidence, knowing you have someone with expertise by your side.
So, if you’re feeling unsure about what to do next because of today’s real estate landscape, don’t hesitate to reach out. You can contact me at (289) 769-8998, info@elevationrealty.ca. I can guide you through the noise, help you make informed decisions, and ultimately turn this challenging market into an opportunity.
Want to work with us? Here are some ways to get involved.
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