The property sold for WHAT?? Wednesday, Apr 28, 2021

The property sold for WHAT?
I am pretty sure that this has been said by most: "the market is just crazy"  Truth be told this is the first time our province has experienced such an upheaval. Having said that 2012, showed us a glimpse of how crazy times can get.
Today I interviewed 3 industry members to get their take on our current market.
Bill McMullin the owner of Viewpoint Realty Richard Payne of EXP Ian Angus of Royal LePage Atlantic. and of course me, Sandra Pike of Royal LePage Atlantic.
If you are wondering what is happening, sit back, relax and listen to as we discuss the following questions:
Will our market still sustain its current conditions?
Where are the buyers coming from?
As a seller, are you leaving money on the table?
Why are you writing so many offers as a buyer? 
Why are buyers frustrated?
Will the proposed changes to the stress test for mortgages cool the market?
Are bully offers being accepted by all sellers?
Are agents creating the competitive bids?
Should we change how homes are being sold?
What is an illegal offer?
Should our marketplace have an escalation clause?
I truly enjoyed this panel today.  Very enlightening and great conversations. 
If you have any questions, feel free to reach out to either one of us.
We have listings coming soon, see here: coming soon
Sandra Pike Listing Specialist
Royal LePage The Pike Group

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