Sold Date: 07/10/2022
Here we have a 4 + 2 Bedroom and 4 Baths detached home located in Markham Village. Surrounded by neighbors on a well landscaped lot is this 2500 Sq Ft family home.
Selling this home during a buyers market was one of the greatest challenges I had encountered this year. When sellers want a certain price but buyers aren’t willing to offer the sellers asking price. This leaves a big gap between buyers and sellers resulting in a less stable market. Prior months to this listing was the sellers market which left an impression on the potential value of sellers home as we transitioned to a buyers market.
We had received over 4 offers and had multiple showings over a 2 month period before finding our perfect buyer. The offers were not up to par with the sellers ideal price. Through the process, due to the market, we had dropped almost 100k from original price. After that, the sellers were very persistent with their price. We had a few low offers but didn’t become discouraged. We waited patiently for our buyer.
We eventually had a buyer who loved the home and it was perfect for their growing family. After a few negotiations to get right price for both parties, we sold firm the home at $1.45M.
“The little things can give you more than you ask” – Dinah Wong
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