Selling Properties for Sale in Calgary During a Buyers Market

properties for sale in calgary

Selling Properties for Sale in Calgary During a Buyers Market

The pandemic caused a competitive seller’s market that forced prices in an upward direction. Now, as the government works to restore normalcy to the economy after a rough two years, the housing market is beginning to favour buyers. If you are a seller, you might be wondering how to go about selling during a buyer’s market. There are two key things to keep in mind as you work towards selling properties for sale in Calgary during this shift in the market. For more information on this topic, continue reading below.

How to Sell Properties for Sale in Calgary During a Buyer’s Market:

The first thing that you need to keep in mind, is the price you list your home at. If the market is just beginning to favour buyers, it can be hard to price your home accordingly. In fact, it may be tempting to add a few digits to the price because of what homes were selling for in the previous weeks. However, when pricing your home, it is important to price ahead of the trend. Sellers need to price their homes realistically, otherwise, they won’t attract buyers. 

Next, sellers need to understand good offers from bad ones. Over the last little while, there has been an expectation that buyers would go into a bidding war with one another. Now, this is not the case. Learning offer strategies and discussing them with your real estate agent will help you during the selling process. 

Selling your home during a buyer’s market can be tough. Especially if you aren’t sure how to price your home. If you are in need of help with selling properties for sale in Calgary during a buyer’s market, contact me today. I’d be happy to help you sell your home for the right price. For additional support, check out my social media here. Feel free to reach out with any questions or concerns you have about real estate in Calgary. I look forward to working with you in the near future.