Selling a tenanted property is not the same as selling a vacant home. 🏘️

The property may still be marketable. It may still attract strong buyer interest. It may even appeal to investors who value having rental income and an existing tenancy already in place.

But the process is different. …

Some homes are not just properties. 🏡

They are the place where birthdays were celebrated, kids were raised, gardens were planted, holidays were hosted, and decades of memories were built.

That is what makes selling a long-time family home so different from a typical real estate transaction.

In Greater Sudbury …

When a relationship ends, the family home can become one of the hardest decisions to deal with.

It may be the largest financial asset involved. It may also be the place where children were raised, routines were built, and major life memories were made.

That makes selling a home during …

An active real estate market does not mean every listing sells.

That is one of the biggest lessons sellers need to understand in Greater Sudbury right now.

Homes are selling.

Some are selling quickly.

Some are still selling over asking.

Some are attracting multiple offers.

But some listings are also …

There is a trend I am seeing more often in the Greater Sudbury real estate market, and I think both buyers and sellers need to pay attention to it.

More homes are being listed at prices that appear to be far below any realistic expectation of market value.

Not slightly …

Greater Sudbury is not one housing market.

That is one of the biggest things buyers and sellers need to understand.

A $450,000 budget does not mean the same thing in New Sudbury, Valley East, Chelmsford, Garson, Azilda, Walden, Minnow Lake, the South End …

Ask ten people what the Greater Sudbury real estate market is doing right now and you might get ten different answers.

Some buyers are still running into competition.

Some homes are still selling quickly.

Some listings are still selling over asking.

Some sellers are adjusting their expectations.

Some properties are …

Holding offers, seller’s directions, bully offers, Form 244, open offers, offer night — if you’ve bought or sold a home in Ontario, you’ve probably heard all of these terms.

If you have been watching the Ontario real estate market for any length of time, you have probably heard the phrases …