Barry Benson

BARRY BENSON

Cell: 250.342.5809
Office: 250.342.5599
Toll Free: 888.322.8833
Fax: 866.457.8582

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INVERMERE OFFICE

Office: 250.342.5599
Toll Free: 888.322.8833
Fax: 866.415.6765

492 Highway 93/95
(next to Tim Hortons)
Invermere, BC V0A 1K2


Why Use a Realtor® ?

­When you have decided to buy or sell real estate, the services of a qualified real estate professional are of utmost importance.  See the reasons that you should use a Realtor®


Understanding Market Conditions

The real estate market is always changing. It helps to understand how market conditions can affect your position as a buyer or as a seller.

Your Royal LePage Real Estate Professional can provide you with current real estate market conditions and explain their impact.

 

Understanding Market Conditions

Market Conditions

Characteristics

Implications

Buyer's Market:
The supply of homes on the market exceeds demand.

High inventory of homes. Few buyers compared to availability. Homes on the market longer. Prices tend to drop.

More time to look for a home. More negotiating leverage.

Seller's Market:
The number of buyers wanting homes exceeds the supply or number of homes on the market.

Smaller inventory of homes. Many buyers. Homes sell quickly. Prices usually increase.

May have to pay more. Make decisions quickly. Conditional offers may be rejected.

Balanced Market:
The number of homes on the market is equal to the demand or number of buyers.

Demand equals supply. Sellers accept reasonable offers. Homes sell within an acceptable time period. Prices generally stable.

More relaxed atmosphere. Reasonable number of homes to choose from.

INVERMERE OFFICE

Office: 250.342.5599
Toll Free: 888.322.8833
Fax: 250.342.5559
492 highway 93/95
(beside Tim Hortons)
Invermere, BC VOA 1K2

FAIRMONT OFFICE

Office: 250.345.4000
Toll Free: 866.345.4004
Fax: 250.345.4001
5005 Fairmont Resort Road
Fairmont Hot Springs, BC VOB 1L1

Royal LePage Rockies West Realty


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