Buyer‘s Market, Sellers Market, Stabilization How do you make sense of it all? How does one get their home sold for the best dollar in any market place?
Traditional approaches would have real estate professional doing a comparative market analysis (CMA) of your home by comparing its features to other similar homes and setting a price that seems comparable. This approach on its own does not usually work (it is only the first step in the equation). The second step would be to pin point the sellers motivation. The third step would be to price the home right in the current economy which has an ever-changing market place. If you are selling your home it is crucial to Price your home according to the number of buyers and sellers entering the market place. The Property Fusion Team looks very carefully at the absorption rate within the market place when working with a seller to market their home.
The use of Absorption Rate Pricing will help get the best possible price for your home in any given market place. Absorption Rate Pricing is simply the mathematical relationship between Supply and Demand.
If you would like a demonstration on how using Absorption Rate Pricing can get your home SOLD quickly and for top dollar in any market place please contact us at
sell@propertyfusion.ca or give us a call at 780-702-9999.
- A normal or balanced market place will exist when the Absorption Rate is at 5-6 months.
- A sellers market will exist when the Absorption Rate is between 0-5 Months
- A buyers market will exist when the Absorption Rate is at 7 + Months