“This place is fully renovated, has a separate basement apartment and is a short walk from the water—so we knew it would generate tons of interest. On the downside, it didn’t have any parking. Still, we listed at $1.6 million, which is on the higher end for a semi in this neighbourhood.”
“We set an offer date for a week after our listing first appeared in late June. We got no bites. This is an increasingly common phenomenon: buyers are sick of bidding wars on offer nights, so many of them are choosing to wait before they even book a showing, let alone make an offer.” “Two weeks after our offer date, we received a bid at roughly $75,000 below asking. Given the lack of parking, which came up as an issue with other buyers, we opted to accept. In this buyer’s case, holding back to see what the market would do worked out very well.”Listing price: