Balanced Market Means Lots of Sellers and Lots of Buyers
A Balanced Market suggests to some that there should be a lot of action happening in the Whistler real estate market. After all, there has not been this much inventory since September 2020, and there are plenty of Buyers.
Negotiation
This balance in the market means that the sellers and the buyers are not connecting with each other. The Seller, convinced that their Whistler property is in demand is not ready to lower the price to attract an offer. The Buyer is looking at new listings and questioning the price. Why list a property based on a comparable to a property that has been sitting on the market for 30 days?
It takes an experienced, local Whistler realtor to negotiate this disconnect. That means I need to understand the seller’s BATNA, the Best Alternative To a Negotiated Agreement. If we can understand whether the Seller needs to sell, or wants to sell, that will give you, the Buyer more power in the negotiation. In order to negotiate the best terms for the Buyer, I need to understand the Seller’s options, and that takes skill and negotiation experience.
Market Update Statistics
When starting your initial search for Whistler real estate, it is important to understand the current market conditions. I understand that you may not be ready to contact me. In the meantime, I encourage you to study the sales and listing statistics on the Market Update page on this site. The statistics are compiled by the Real Estate Board of Greater Vancouver (REBGV) In addition, the monthly Whistler Real Estate Market Update video is a great way to stay informed in less than 99 seconds.
YouTube Channel
The current Market Update video is posted on this page. Each month I remove the previous month’s Market Update Video and replace it with the current video. I am not sure why you might want to view the Market Update Videos from past months or years, but if you do they are on my YouTube Channel Market Update Playlist.
If you think I would be a good fit to work with you and your family, and you are not already working with a Whistler realtor, please contact me. I look forward to hearing from you.
It’s a Good Life in Whistler!
Marion
Marion Anderson Personal Real Estate Corporation
marion@WhistlerSkiinSkiout.com (604) 938-3885