Are buyers still overpaying when buying a condo in London Ontario? In 61% of the time, yes!
Overpaying for real estate in London Ontario over the past few months is happening quite often and I have heard the following from buyers and their Realtors.
- “There is nothing I can do about it”.
- “That’s just the way the real estate market is right now.”
Really? So, you are just going to sit there and take it?
Learned helplessness is a condition in which buyers adapt to a scarcity mindset, with the fear of loss being huge and instant gratification a must & not thinking of the second and third consequences of overpaying for a home in London Ontario and feeling that there is nothing they can do about it.
That their offer and the acceptance of the offer is totally out of their control.
Yes, the real estate market in London Ontario is vibrant and as a home owner, that is quite positive, yet the consequences of overzealous buyers and their Realtor’s actions will have a negative long term effect , as history has proven over and over and that the axiom “What goes up must come down”, holds true.
As a home buyer in London Ontario, you have choices and there are strategies you can take to ensure you do not over pay and get caught up in the frenzy.
Let me know if you do not want to overpay, I won’t let you!
People buy or sell a home in London Ontario for one reason and one reason only, to solve a problem! So when you want guidance from a London Ontario Realtor, you sure as heck do not want any more problems, do you?
- Tired of Renting? -Solve the problem by buying a house or a condo
- House or condo too small?Too big? Solve the problem by buying something bigger or smaller
- Too Expensive? Solve ……..
- Don’t like the neighbourhood? Solve ……
- Divorced? Living Together? Getting Married? Solve ……
- Fill in the blanks ___________________? Solve ………
I have been a Realtor for quite a few years and own a real estate brokerage and have learned that people do not hire us because we are just a Realtor who can help buy or sell a home, anybody can do that, that is what the average do.
People hire us because we solve problems, we identify them, take a focused view and solve the problem, end of story!
Find a solution that works!
You don’t hire a Realtor because you need a taxi driver, or because they are pretty, ugly, skinny, fat, bald, young or old, you have a problem(which can be good or bad) and you want someone to listen and solve the problem quickly and save some money as well.
And, can back it up with proof, not talk!
When thinking about selling a townhouse in London Ontario & area, where do you start?
When do you start?
Is there a difference if it is a townhouse or an apartment?
A freehold or a regular condo corporation?
How would you feel if you knew some surefire ways to prepare before selling a townhouse or a town home or an apartment condo in downtown London, if you knew about the timely steps to take, the questions to ask, the caveats to be aware of?
From experience of selling 100’s of condominiums in London Ontario, this will get you thinking and keep you on track before, during and after you list your condo for sale on MLS
Here it Is!