There are some important decisions to make with your listing broker to help you plan to accommodate winter showings, in this busy sellers’ market in 2019/2020. Here are just a few:
Initial showing period:
How will you manage access to accommodate the largest number of buyers to your property? High demand and low listing inventory right now means properties are highly sought after and buyers will want to see the property as soon as possible after it is listed. 8 to 10 showings a day (or more!) in the first few days is not out of the question.
Some buyers are even vacating their properties for the first 4-7 days to provide for easiest access for buyers.
Are you holding offers?
If you are holding offers back to a certain date, you will want to take this in to consideration also.
Do you want to schedule overlapping showings?
Realtors normally book a 1 hour showing window. Do you want to allow for potentially overlapping showings where more one buyer and their agent may be in the property at the same time? This is a quite normal practice but if you want individual buyers to enjoy a private showing, you may request that your listing broker does not schedule overlapping showings.
What part does an open house or open houses play?
Open Houses work for most properties and provide a scheduled time for buyers to visit. When trying to maximize or optimize the number of visitors in a short time frame, they can be very strategic. We often hold dual open houses on listing launch weekends, as this gives buyers two choices to visit plus it may help us, if a winter storm impacts a single open house day and time.
Do you continue showings after a conditional sale?
Do you continue with buyer showings (and open houses) if you have signed an agreement for a conditional sale on the property? Sales cancellations are at an all-time high of 10-15% of conditional sales, so it may be a good idea to continue accepting showings and holding any already scheduled open house, just in case, the buyer financing does not come through or for some other reason the buyer chooses to opt out of the agreement.
Do you have any time-of-day restrictions you wish to add to your listing?
In most cases, you want to make the property as accessible as possible for buyers but there are circumstances like children’s bedtimes, shift work schedules and other family matters may dictate a time window where showings cannot be accommodated. Discuss these with your listing broker.
What is your pet management plan for showings?
Discuss with your broker, how best to manage pets to accommodate showings.
Here is an update to a previous post with specific tips for prepping for buyer visitors in winter:
Here is a checklist to things to consider when prepping for winter showings:
- Please shovel the driveway, walkway, front porch, decks and patios and make sure it is both accessible and safe for visitors. Ditto for snow or ice on roofs, eaves, overhangs or garages. Also, please make sure all windows and patio doors are frost and ice free and can be opened by visitors, if they wish.
check to make sure the house numbers are visible as is the real estate “For Sale” sign and not obscured by snow, ice or snowbanks.
- For evening showings, please leave an outdoor light on so it is quick and easy to access the lockbox and then open the front door.
- Leaving all house lights on, saves time and shows your home to its best. Best to turn off the security system for scheduled showings also.
- Please make sure there are ample floor mats and boot trays to accommodate visitor footwear, especially for Open Houses.
- Please keep floors dry and clean! Few things are more irritating or distracting than walking through a puddle or having to walk through a dirty basement.
- Keep a moderate temp in the 19-20 C range (65-68F). Many vacant properties are like meat lockers temperature wise and this does nothing for a buyer trying to “warm up “to a property, particularly when walking through in their sock/stocking feet on a cold floor. Visitors are wearing coats at this time of year, so please don’t make it too warm, either.
- Keep curtains and blinds open to admit as much natural light as possible, this is especially important in our low light winter conditions. Light, bright homes show better and buyers are very much interested in this.
- Have a pet management plan which includes daily removal of any pet droppings that are emerging through the snow and ensure cat litter boxes and the area around them are cleaned regularly.
- Check for cooking, pet or other odours (hockey equipment?) and ventilate the home using your HRV, as home odours are more noticeable during the winter when houses (particularly newer more air tight ones) do not get as much fresh air from opening windows and doors. Moisture control is also important, as excess condensation on windows can be a worrying sign for buyers.
- Minimize distractions: we don’t need cooking smells, music, vanilla on the stove, excessive air or carpet deodorant, personal photos, etc.
- Leave out some good colour photos of what the house and yard look like in the summer time, this really helps a buyer “see” the property.
- Have a plan for any fireplace. Wood burning fireplaces don’t need to be lit but should be clean and with wood or fire log ready to light. Gas fireplaces should also be clean and ready to turn on with directions on how to do so but resist the urge to leave the gas fireplace “on” or a wood burning fire going.
- No smoking…even in the garage!14.don’t run dishwasher or laundry when showings are anticipated
- Leave out copies of any pertinent neighbourhood information, your property survey or other items that may be potentially of interest for buyers or their representatives.
- Don’t be afraid to post a note about turning off lights or not locking inside garage door.
We would love to share our other thoughts on how to get your property sold, so feel free to give us a call at 613-435-4692 or email@example.com , if you are not already working with another real estate professional.
Gord McCormick, Broker of Record
Dawn Davey, Broker Oasis Realty Brokerage
613-435-4692 firstname.lastname@example.org https://www.facebook.com/oasisrealtyottawa/ @oasisrealtyOTT
For a great list of top real estate blogs in Canada, check here: https://blog.feedspot.com/canada_real_estate_blogs/