Just got a listing this Saturday evening in Brampton and by Sunday afternoon it was sold! This is not the first time. My last 4 listings have been all selling within a week and for asking price or more. What happened to the recession? Don’t get me wrong, I’m not complaining and neither are my clients but…where did the recession go?
Buyers are obviously not too happy. Everything is selling with multiple offers. Buyers are having to not only compete with other people but also go in with firm offers. I always recommend conditions on financing and home inspection but when you are in a multiple offer situation anything goes. Brampton homes that were sitting on the market for 2-3 months are selling for higher prices within a couple of weeks.
There is a shortage of supply in most pockets of Brampton. So if you have been wondering if this is a good time to sell or not let me reassure you IT IS! You’ve probably seen a lot of SOLD signs recently in Brampton yourself. I will be putting up the actual statistics for the month of August and how they compare to August 2008 in a few days.
To see some of my recent sales you can click here.
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To see what I do to sell Brampton homes click here.
To get a free home evaluation click here.
I don’t know what other Remax agents might be charging to list properties. This offer is exclusively from me so I want to include this disclaimer: Different commission rates, fees, and listing and marketing services may be offered by other REMAX franchisees or sales associates in Canada.
Why hire me?
o Lowest commissions for FULL MLS service backed by 8 years of experience.
o Virtual tours included at no extra cost. View a sample of my Brampton Virtual Tours.
o 35+ photos taken by professionals. View samples of my Brampton Real Estate Photos.
o Specializing in Brampton. View recent examples of MLS Listings in Brampton I have sold.
o You can cancel your listing at any time if not satisfied with no penalties.
o I reply to all emails within 15 minutes.
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See the complete list of services I will provide as your Brampton Realtor.
My Services:
1. Upload listing on MLS and MLS.ca
2. A stunning virtual tour is put together by professionals. Sample.
3. 30 plus professionally taken digital photographs. Sample.
4. Upload listing on the following websites:
- www.commissioncutter.ca (1st page on Google for Brampton real estate)
- www.hirevic.com
- www.remax.ca
- www.realtor.com
- www.remaxrealtyoneinc.com
- various classifieds websites
5. Full colour professionally designed Brampton Home Feature Sheets.
6. Open houses – if applicable and weather permitting
7. Listing promoted to all top local agents (regardless of which company they are with)
8. Emails sent to my database of buyers interested in Brampton real estate
9. Lockbox installed for convenient showings
10. A Remax For Sale sign is installed
11. Listing is faxed to local Brampton real estate offices
12. Listing is emailed to out-of-town agents
13. I get feedback from agents who show your house and pass the information onto you.
14. You are also kept up to date on market conditions and any new listings/sales in the area.
15. I negotiate the offer personally.
16. Remax secretaries professionally handle all showing appointments
17. All my listings are “Easy Exit” meaning if at anytime you are not satisfied with
my services you are free to cancel the listing. No penalties / fees will be charged.
18. I help you understand the process of selling from beginning to end.
19. I reply to all emails within 15 minutes.
20. and much more..
If you’re interested in selling your house use my complimentary Brampton home evaluation or start here if you’re ready to buy a Brampton house. Contact Brampton Real Estate Agent Vic Singh and you can expect a reply within 15 minutes!
I don’t know what other Remax agents charge to list properties. This offer is exclusively from me so I want to include this disclaimer: Different commission rates, fees, and listing and marketing services may be offered by other REMAX franchises or sales associates in Canada.
Have you been noticing a lot of SOLD signs in your neighbourhood? Brampton houses have started to sell really fast in the past month. June 2009 was the busiest june ever on the Toronto MLS system.
I have personally noticed the most popular area has been North West of Brampton by Chinguacousy and Wanless. Detached houses around 1800 sqft have been all been selling with multiple offers. There is a shortage of listings in that area. I got 3 listings there and they all sold in less then a week.
Houses over $400,000 are still taking a little bit of time to sell but nothing like a few months ago. I remember from December 2008 to April 2009 houses in Brampton (well pretty much all over) were taking forever to sell. Buyers were very scared about losing their jobs, banks were very tight with lending money, which resulted in too much supply.
The sellers are back in control of the market. Anyone who bought during the recession did really well. Some areas of Brampton were down in prices as much as 10%. July, so far has been very busy. The stats will come out at the end of the month and I’ll be sure to post them.
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GTA Resale Housing Market Posts Best June on Record
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TORONTO, July 6, 2009 - In June 2009, Greater Toronto REALTORS® reported a record10,955 sales, up 27 per cent from June 2008. The seasonally adjusted annual rate of sales in June was 100,700.
In the Brampton market the new listings are starting to get multiple offers. I personally had 3 of my own listings sell within a few days and for almost full asking price (or more in one case). Real estate market in North Brampton seems to be back to its record pace in 2007. Let’s see how the fall market goes.
“The record result in June is testament to the fundamentally sound housing market in the GTA,” said the Toronto Real Estate Board’s newly appointed President Tom Lebour. “An increasing number of households have been confident in purchasing a home in the region’s affordable and diverse resale housing market.”
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The average price for June transactions was $403,972 – up by two per cent compared to the same month last year.
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“The re-emergence of seller’s market conditions has exerted upward pressure on home prices,” explained Jason Mercer, TREB’s Senior Manager of Market Analysis. “Look for sales to remain high relative to listings in the second half of the year. This will keep home prices growing.”
Brampton stats only
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Number of houses sold in June 2009 = 774
Number of houses sold in June 2008 = 646
New listings in June = 1252Detacheds sold = 427
Semi detacheds = 155
Freehold townhouses = 58
Condo townhouses = 35
Condo apartments = 30
Average days on the market = 38
Breakdown:
Monthly solds
June 2009 = 774
June 2008 = 646March 2009 = 551
March 2008 = 627
May 2009 = 790
May 2008 = 876
April 2009 = 714
April 2008 = 845
February 2009 = 401
February 2008 = 556
January 2009 = 263
January 2008 = 516
Brampton stats only
Number of houses sold in May 2009 = 790
Number of houses sold in May 2008 = 876
Total active listings = 1940Detacheds sold = 486
Semi detacheds = 159
Freehold townhouses = 56
Condo townhouses = 37
Condo apartments = 45
Average days on the market = 34
Breakdown:
Monthly solds
May 2009 = 790
May 2008 = 876
April 2009 = 714
April 2008 = 845
March 2009 = 551
March 2008 = 627
February 2009 = 401
February 2008 = 556
January 2009 = 263
January 2008 = 516
Active listings breakdown:
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Semi detacheds = 308
Freehold townhouses = 132
Condo townhouses = 164
Condo apartments = 115
Some of the homeowners who hired me to sell their house.
Below are some people that hired me to sell their house
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Full service Brampton real estate agent. Get your free Brampton home evaluation here.
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