What's Your Next Move?

That depends on you and your lifestyle. Your needs should be what you can't live comfortably without, wants are essentially the cherry on top. Prioritize the size of home you need. Do you have a growing family or seniors needing care? Maybe think about the future space you will need to accommodate for multi-generational living or an area with good schools for your kids.

Without pre-approval and only relying on estimates, you risk falling in love with a home you can't afford. It sets a realistic budget that we can work with when searching for a home that's right for you.

Technically you can do it yourself, but it is never recommended. The Real Estate Council of Ontario outlines the risks associated with buying a home without a brokerage and this information is given to you upon us meeting. Brokerages are designed and educated to work in the best interests of their clients and to be represent them with diligence, expertise and professionalism.

While it's possible to buy before selling, it's only recommended if you can afford to hold on to your current property while buying the next. If you cannot afford to carry multiple properties, selling first is important.

An offer being rejected could be caused by many different reasons. Identifying that reason can help us determine how to rectify it. If it's because your offer price was too low or there's a condition that the sellers don't want to accept, we may need to revisit that. If we were in a multiple offer situation and they simply accepted another offer, we can't make them break their contract and we will need to look elsewhere.

Great question! It's based off the ratio between supply and demand. In a Seller's Market, the demand is higher than the supply. This means sellers have the advantage, the possibility of multiple offers means buyers are more competitive with what they will offer, and generally means they will act more quickly. Whereas in a Buyer's Market, supply outnumbers demand. This means buyers have the upper hand. The value and conditions in an offer a buyer submits could be lower than the list price and have more conditions, and often means buyers will have more time to consider all their options before even submitting an offer. A balanced market is where supply and demand are steady with each other. Still a chance for multiple offers, but also could take more time.