Canadian Real Estate/When to Sell

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Question
He'll. both me and my girlfriend have town houses to sell prior to our new home being ready January 2014. The question I have is when to sell? We don't want to list too early since the closing is so far off, but we also don't want to miss out on potential offers.

Answer
Hi Karl,
Thank you for your question. With a closing of January 2014 I wouldn't recommend listing your home until September as the construction of your new home could always be delayed. It also depends on what your market conditions are like and the salability of your current home.

Since you have two properties to sell I would suggest you consider selling one now and putting your items into storage leaving just one home to sell in the fall. That way if there's any downward trend in your market you would have capitalized on current conditions for one of your homes.
Regards,
Penny

Canadian Real Estate

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Penny MacKenzie

Expertise

General Residential Real Estate, Real Estate Agency, Real Estate Terminology, Real Estate Marketing

Experience

Penny MacKenzie is a full time Burlington Real Estate Agent with over 15 years of experience. An active member of the Burlington Business Community Penny is Past President of The Burlington Chamber of Commerce and Past Chair of Tourism Burlington. Penny has also served on the Board of Directors of the Burlington Art Centre Foundation. Penny is also past chair and co-founder of Party In Pink an incredible women only fundraiser for Breast Cancer Support Services. In just four short years this event has raised over $250,000 in support of women who are currently undergoing treatment for breast cancer. As a full time Realtor Penny is experienced in the Burlington and Area real estate market. She has personally handled all types of real estate transactions, however, she is an Experienced Residential Realtor, qualified to help families reach their residential home buying and selling goals.

Organizations
Hamilton-Burlington Real Estate Board, Oakville-Milton Real Estate Board, Ontario Real Estate Board, Canadian Real Estate Board

Publications
www.blogburlingtonsbesthomes.com

Education/Credentials
Licensed Realtor with Keller Williams Realty the fastest growing Real Estate Company in Canada!

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