The world has been cloaked in uncertainty due to COVID-19 and we know that this unprecedented scenario can make it hard to move forward and make decisions. We know many home owners that are thinking of selling their homes but just aren’t sure if now is the right time. Well, we can say with confidence that now is absolutely the right time.
3 Reasons Why Selling Now Is The Best Decision You Can Make
While there can be many different benefits that come from selling your home, getting the best price possible is always a top priority. Now is your best chance to get the best price!
1. Currently, the federal government does not tax the sale of your primary residence. However, they will have to find ways to finance the significant federal debt that’s been run up over the past five months (and counting) to pay for all the support programs announced in response to the global pandemic.
There has been much speculation that a capital gains tax on the sale of primary residences is being considered and that Canadians may have to prepare for the implementation of this idea sooner rather than later.
2. We’re also experiencing ideal market conditions NOW and that will not last forever. While the spring market was very stagnant, this only served to create a very robust summer selling season. July 2020 saw price increases of 17% and a 24% decrease in the number of days on the market.
What does that mean for you? It means you can sell your home at a top price and quickly! It really is the ideal seller’s market. And with interest rates being so low, buyers are motivated and anxious to lock down a new home to secure those mortgage rates as soon as possible.
3. High interest in suburban and rural homes. If you’re thinking of downsizing and selling your Oakville, Milton, Burlington, Halton Hills or Guelph home, there are certainly interested buyers! COVID-19 has been the final push many people needed to move away from city life. People are looking for smaller communities, more square footage per dollar and more outdoor space for their families.
Sue Heddle Homes has been in the real estate industry for more than a decade and we can say with certainty that if you’re on the fence about selling your home, don’t delay things any further! Using our expertise in digital real estate tools, we’ve had the busiest July we’ve ever experienced and have helped so many clients make smart real estate decisions and get maximum value for their home. If you think waiting until next year might be the right move, keep reading to see why that’s not the right decision!
Work With Sue Heddle Homes To Sell Your Home Now!
It’s time for you to make the most of this real estate environment and sell your home! However, even though the opportunity for success is high, that doesn’t mean real estate overall hasn’t changed. In order to be successful, you need to choose a realtor that excels in online tools so that your listing attracts as many buyers as possible in our current climate.
Sue Heddle Homes has the skills and expertise you need. Not only do all of our listings include a true 3D virtual tour of your home, which has been proven to generate more interest, you’ll also receive free home staging, professional listing photographs and the use of additional online tools like Broker Bay and DocuSign to make the experience as seamless and successful as possible. Don’t wait another day to get started – we’re ready to help you sell your home and get the price you want! Call us and let’s talk – 416-906-7998!