1. Get pre-approved and have a very good understanding for condo ownership. This is a very fast paced market and you need to be completely educated and confident before competing with other buyers.
2. If you are looking to sell, do it NOW! Inventory is extremely low and it is unknown how many properties are going to hit the market come the spring.
3. Hire a condo specific Realtor to assist you with your condo sale or purchase. The freehold housing market is completely different from the condo market right now so you might not get the best advice or guidance from someone that does not work in the Barrie condo market regularly.
4. If you are a buyer, make sure you get the best guidance possible so that you can be competitive against other buyers but still be protected when putting in an offer on a property.
5. If you are a seller, make sure you understand the ins and outs of holding off offers; reviewing on a specific day, and how to handle pre-emptive bully offers. There are so many angles to understand and if you are not fully informed it could cost you thousands of dollars.
Would like to read more about:
Barrie Condo Commentary - January 2022 (Condo Market Report) CLICK HERE
Condo Ownership? CLICK HERE
Would you like to stay up to date on the Barrie condo market? Subscribe to my monthly market report TODAY!
There's a difference between working with an agent and working with a CONDO AGENT. Make the right decision and WORK WITH AN EXPERT!
If you own a condo and are curious of its value, please reach out so we can discuss the best selling strategy for achieving your goals.