SUCCESS STORIES

Successful stories give you an insight into each transaction showcasing marketing strategies, challenges and its success. From how we met the client to how the home either was bought or sold. The stories are genuine and may be similar experiences you may come across during your real estate journey. Educate yourself with some of the many possible situations that you may come across.

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73 ARNIES CHANCE, STOUFFVILLE

Sold Date: 07/27/2022

73 Arnie’s Chance is an original castle pine model home in the neighborhood of the lovely Ballantrae golf course situated along the golf course where you can overlook from the backyard. Since this was an original home, we did stage it before listing.

Provided we were in a buyers market, my sellers were patient and prepared for the right buyer to come when they did. We knew to stay confident and calm throughout, and never discouraged. This prevented us from settling towards marketing strategies that could potentially lower our price.

Due to the lack of renovations this home had, much of our showings feedback was about the amount of work the new home owners would need to put forth before or whilst moving in, which did discourage some buyers. But, we stayed optimistic as this was to be expected. In this desirable neighborhood, we were not worried and continue to wait patiently.

We ended up having 2 offers which came in at the same time. One offer was a firm offer while the other had conditions. There was a slight price difference and at that time, we had encouraged them to see if they would improve their price. They didn’t and so we proceeded with the higher priced offer with no conditions.

Although there were other listings, we marketed right and was one of the first sold in that neighborhood. 73 Arnie’s Chance sold for $1,370,000.

“The little things can give you more than you ask” – Dinah Wong

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359 CAM FELLA BLVD, STOUFFVILLE

Sold Date: 07/17/2022

This Westfield Estate home is a 4 bedroom and 4 bath located in the neighborhood of Stouffville along 10th Line and Main Street Stouffville.

My client had first purchased their new home before selling this property. This allowed them to take their time to sell this home which gave us an advantage when negotiating with potential buyers with a flexible closing time.

The home was staged and repainted to prepare the home for showings. We hosted 3 weeks of open house along with many showings to help better market this high valued property. Over the course of 3 open houses and just over a month on the market, we had 2 offers that were followed by many interested buyers that followed.

The more appealing buyers’ offer started at $1,550,000. With another offer on the line, we used them to our advantage to bring up the price. Allowing one buyer to compete with each other to potentially improve their price and closer to asking price. At the end, one offer had more conditions so we chose the buyer with less complications to avoid possible issues with closing. We negotiated the offer up to $1,875,000 with minor conditions and no commission on the buyers side. With 0% commission to be paid, more profit was made for the property and my client.

We sold firm 359 Cam Fella Blvd at $1,875,000 during a buyers market.

“The little things can give you more than you ask” – Dinah Wong

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35 FREEMAN RD, MARKHAM

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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