Tip #4 for a Successful Downsizing Sale

Downsizing Tip #4: Put the power of competitive bidding to work on your

higher value items too

Sellers often guess at the value of their goods and may take the first offer that comes close to their expectation. This approach may miss other buyers willing to pay much more. On the other hand, if no offers come close to the sellers expectation, the item may be left unsold.

This is particularly important for higher value goods where the value may be difficult to determine and potential buyers may be difficult to find. Instinctively we know that a one-­on-­‐one negotiation may not bring the best deal and we want to hear what others are willing to offer. Without competitive bidding from a number of interested potential buyers, it is difficult to know if you will be getting a reasonable return for your more valuable items.

Solution: Use the power of the Internet through the YouBidLocal fully managed online auction service to connect with many potential buyers in a competitive bidding situation for your higher value goods as well. YouBidLocal sells the wide variety of house hold goods including jewellery, silver, cars,  boats, and artwork. Even very exotic collectibles are sold this way. Some items may attract more than you expected, some less, but you can have confidence that competitive bidding delivered a reasonable sale price in your timeline.

*Information shared from ASA-auctions

Contact me for more information and to discuss your real estate needs.

Thanks for reading. As always, if you would like to discuss your current real estate situation, I would love to offer my expert knowledge of the Oakville, Milton and Mississauga markets. I will also show you how my exceptional marketing plan will help you get more money for your home and make it sell faster. You can reach me at 905 845 9180, or by email at elizabeth.polak@century21.ca.

Elizabeth Polak
Sales Representative
CENTURY 21 Miller Real Estate Ltd.
467 Speers Road,
Oakville, ON L6K 3S4
Mobile: 905.617.3556 Office: 905.845.9180
Email: elizabeth.polak@century21.ca
www.century21.ca/elizabeth.polak

www.home-of-your-dreams.ca

Liz Polak

Liz Polak

Sales Representative
CENTURY 21 Miller Real Estate Ltd., Brokerage*
Contact Me