Page 10 - GTA Real Estate Magazine July 2021
P. 10
Fall Is a Great Time To Sell or Buy in Muskoka
Maggie Tomlinson is a professional Real Estate Broker with Chestnut Park Real Estate Limited, Brokerage, serving her clients from the heart of Muskoka.
As a professional Realtor, one of the most common questions that I get asked is ... “When is the right time to buy or sell?” The reality is that no matter what the season, or the economy’s ups and downs, there are always opportunities in buying and selling real estate
Sellers
Late summer and early Fall is an excellent time to get the listing process underway. Many buyers have been searching all season for that perfect fit but still haven’t found it. They will be ready to purchase if your property is priced right and meets their needs. However, if your timing just isn’t right until next Spring, then start pre- planning with your Realtor now. Photographs and virtual tours should be arranged now while the leaves are green or starting to change colour - then your property will show at it’s absolute best when it does get introduced to the active market.
Buyers
Fall can be one of the best times to purchase your Muskoka retreat. There is still lots of inventory to choose from and
many sellers become more motivated as the prospect of a long winter season approaches. Typically properties that have been on the market without activity will begin to reduce asking prices to be in line with current market values. And the best part is that buyers can often negotiate quick closings and look forward to enjoying those beautiful fall colours at their new property.
Today, timing and pricing for a successful outcome are more crucial than ever. Remember - sellers and realtors don’t set the price - the market does. Statistics show that if a property is over- priced it can take much longer to sell,
By: Maggie Tomlinson
and may ultimately sell for less than it would have if it had been priced correctly from the very beginning.
Have high expectations of your Realtor, ask questions & remember - it’s important to make the right choices, whether buying or selling, and that starts with the right realtor and brokerage to represent your needs. Call me today to arrange a no cost, no obligation consultation, and to discuss strategies for effectively marketing your Muskoka property when the time is right. I’m looking forward to hearing from you!
Happy Buying and Selling!
Page 10 GTA Real Estate JULY 2021