Congratulations and welcome home, Vanessa and Kevin!
Vanessa and Kevin placed a lot of trust in Chris during their home search, which is not something he takes lightly. After an initial Zoom meeting, he learned they were looking to relocate back to Nova Scotia. To add to the pressure, they wanted to secure a house before they got here to see it in person!
The Covid years made sight-unseen offers a more common occurrence. Video, 3D tours and FaceTime Virtual walk-throughs allow us to provide more information than ever before, but there’s nothing that replaces the feeling of walking around your potential new home in person. Luckily for Chris, he and his clients were able to lean on some local family members for them to be the ears and eyes on the ground!
After establishing the area his clients were focusing on, they visited several homes together to start to understand the market. Homes priced below $400,000 were subject to intense competition, some with 12 or more offers. The home Chris’ clients eventually selected checked all the boxes and although it was more expensive, they still found themselves against multiple bids.
Chris and his clients carefully crafted their offer to position themselves against the other four on the table. Being in multiple bids doesn’t mean overpaying for a property - it means that the list price might not reflect the sale price. They looked at comparable sales in the area to determine what the home was worth and based their offer on that. Bidding “over list” doesn’t matter, it is important to establish market value and equally, how valuable the house is to your lifestyle.
A few months later, Chris met Vanessa and Kevin at their new home – a U-Haul parked in the driveway and their happy dog bounding around the fenced backyard. Chris breathed a sigh of relief as they saw their new home for the first time and fell in love with it! All that’s left to do is move in.
Welcome home, Vanessa and Kevin!Posted by Chris Hatt on