The fast moving market of Saint John, New Brunswick has slowed down a bit for the last few weeks of August. Most people are trying to squeeze in as much as they can these last few weeks of summer, including back to school shopping.
The Saint John market is clearly still in a sellers market, with the low listing inventory we have right now. This has significantly lowered the average time on market, and many homes are selling as soon as they come on the market.
Due to such low inventory, it's important that buyers move quickly once they decide to make a move. It's important that they sign up to recieve listings in their email so they can get a one up on their competition. It's also extremely important that as a buyer, you have an agent that answers their phone when you call and is ready to move along with you.
I anticipate that the market will pick up this fall once kids are back in school and more listings are available.
Last but not least, 100% financing is almost gone! If you are depending on 100% financing, now is the time to make your move. If you miss the boat, please contact your mortgage specialist to find out what your options are.
If you're thinking about making a move, or need to talk to a mortgage specialist don't hesitate to contact me and I'll make sure you're in good hands, no matter where you're located.
Thanks for reading, and have a great time before fall is here.
Luther Harrity
Royal LePage Atlantic
1-866-593-7446
Every Thursday evening from 5:30 to 7:30 (June 19-Aug 28 2008), the town of Quispamsis hosts Markey Medley at the Arts and Cultural park (located next to Town Hall).
Market medley is a free for all event to view and purchase works by local artisans, crafters, bakers, as well as try some great food cooked on site. All this while enjoying the sounds of local musicians.
If the sun is out, be sure to drop by to see works of art by my fiance Tracy Ann Gavin along with all the other great work! I’m usually out there as well, so stop by and say hello!
For more information visit www.quispamsis.ca and click on "Calendar of Events".
-Luther Harrity
In today's market more than 88% of buyers start their home search online. Most of them start searching online before they even speak to an agent. The Saint John real estate market moves very quickly and many buyers depend on the internet to get the upper hand on new listings. That's why it is so important to have your home marketed online with MAXIMUM web exposure.
When you market your property online you have the ability to show the value in your home with large pictures, slide shows, and detailed information. When hiring an agent, you will want to make sure they have their own website where they will display the detailed information and the large pictures. You will also want to make sure they have a way to capture information from potential buyers.
Along with marketing your home on the agent’s website, you will likely have it advertised on MLS.ca (soon to be REALTOR.ca). It is important to advertise on MLS.ca simply because the website receives a huge sum of daily visits. Unfortunately there may not be room for full details, large images, maps, videos and other value added content.
You want your home to be advertised on the agent's website in conjunction with several other websites - including local classified websites, social networking websites, and search engines.
Generally speaking I like to advertise on Facebook and using Google Adwords. Both of these websites allow me to target people living in your area. For example, if I am selling a home in Saint John I want to limit my Google ad words to people in New Brunswick, or even just Saint John, Rothesay and Sussex. These are the people most likely to purchase your home (it doesn't make sense to advertise to people in Japan if you want to target people in the greater Saint John Area. This can cost a lot of money which could be better used to market your home). With Facebook, you can also add a picture of the home for sale and choose where it will show up (in the ad box, or on people's main screen). When they click on the photo and description, they end up at my website where they can see all the features of your home, and most importantly see the value in your home.
Along with these websites I advertise in the online classifieds, and on the radio. The radio allows me to market your home to thousands all at the same time. Although they can't see you home on the radio, we use descriptive keywords for them to imagine what your home might be like. After hearing the ad, they will often visit my website to take a look at your home.
Whether you choose me to sell your home with me or another agent - make sure to ask them what they do to market your home on the internet!
Luther Harrity (Royal LePage Atlantic)
1-866-593-7446 www.sellwithme.ca
On Tuesday March 11th Fusion Saint John, B&N Flooring and myself will be hosting a Real Estate Forum.The forum will take place at B&N Flooring and covering topics including: The home buying process, the selling process, mortgages, investing, a career in real estate and more! The evening will primarily focus on First Time Home Buyers.
Speakers are as follows:
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2008 ActiveRain Corp. All Rights Reserved