Posted by Chelsea Hamre on Wednesday, September 16, 2020 at 7:44 PM By Chelsea Hamre / September 16, 2020 Comment
People often ask me, is this a good time to buy or sell in real estate?
I'd like to share with you a personal experience because the answer for me is, yes! I just sold our house and just purchased in the middle of September.
The experience was very calm, it was smooth, everything rolled out smoothly. It was not overwhelming, and that's always the fear of when you go to sell, that it will be overwhelming. It all took place very quickly! ⚡️
?One day, it was our anniversary actually, in late August and my wife, Stefanie said, "you know, I think it's time for a change, a time for a move". Our kids had moved on, they're in their mid-twenties. One's getting married and has her own condo. And our son is chasing his dream in the U.S. and we don't know when he'll see him for quite a while.
So it was one of those times in our lives. When we just said, this is it - let's do it now! We had a property with a pool and lovely gardens and stuff. And there's a timing issue on that - it was either now, or it was, it was in the spring for us. So we said, okay, let's make a move!
We reached out to our team because even realtors need a realtor. So we reached out to the Hamre Team the next morning and I said, okay guys, here's the plan. We're going to sell our house. What do we need to do?
We came up with a marketing plan and a pricing structure that we thought would be attractive and hit the market with a lot of energy and a lot of excitement. We contacted our stagers and they came in and they did a wonderful job. My wife was thrilled with the outcome and I think they'll be invited to the house to set up our next house.
Then we booked a photographer - The photographer came in and did wonderful photos, and did our 3D tour of the home. Then I did my storytelling video in our studio and the storytelling video's humbling when you're doing it, on your own home, it's different. That video had more than 1200 views on it in just a few days so that we had lots of exposure.
That way the home itself went on the market. When it was on the market, we had 45 showings. This is in Cumberland estates, in the village of Cumberland, on the East end city of Ottawa. It's a wonderful community! As a family, we had a great time there! 45 showings in just a few days, nine offers.
We sold for substantially over the asking price, almost a record price for a bungalow in Cumberland Estates! Then we were onto the next phase and that was buying and it all happened on the same day. So we were buying, we found a house that we liked. It worked for us on our next adventure and the lifestyle we were looking for.
We were in competing offers on that one, but it was still calm. We had a strategy! We know how to win for our clients and we wanted to win. I needed a win! Stefanie said, do not lose this house for me, and so I had to make it happen. We won that deal! So we're onto the next phase of our life, but it happened quite quickly.
It happened, it was smooth, calm, easygoing, and it all happened within a relatively short period of time. A couple of weeks talking about listing, getting the house ready, putting the house on the market, negotiating the offers, and having a place to go it's you can do it, It's manageable.
These are record times in real estate, but personally, I didn't want to get out of the market cause I know where the market's going and we're anticipating another 25% increase here just because of low supply, high demand, and the number of people that are moving to, to live in Ottawa.
If you're thinking about buying or selling, I can give you my personal experience, but I can give them my professional experience as well. Please reach out to us! Let's talk, I'd love to tell you about how we did it and how we can do it for you. My name is Greg Hamre from the Hamre real estate team in Ottawa.
I hope to see you soon. Take care.
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