You should sell privately in this market unless money is important to you. Statistics from the Kitchener Waterloo Association of Realtors indicate roughly 1 in 4 successful sellers this past week received 105% or more of their asking price. Of those sellers, approximately 10% got 110% or more of their list price.
One seller in the Kingsdale neighbourhood of Kitchener received 28 offers and over 139% of the asking price!
What about the rest of the sellers? Statistics from the Kitchener Waterloo Association of Realtors show successful sellers in August received an incredible 99.9% of their asking price.
The private sale companies are adept at marketing their "sell it yourself and save thousands" message. The challenge is the private seller will rarely, if ever, generate the bidding wars occurring by those employing a local Realtor. Ask yourself how many thousands are they leaving on the table in the current market?
In short, this is the best market for sellers I've seen in over 27 years selling real estate locally.
However, nothing lasts forever. If you're thinking of selling, contact me today and let's get started before this generational opportunity passes you by - email@example.com 519-505-4488.
Century 21 Home Realty Inc. Brokerage