People must still buy and sell properties even while COVID-19 is an issue. The reality is that the real estate market operates continuously, because people start new jobs, welcome an addition to the family or don’t renew their lease because they intend to buy a starter home.

In a market saturated with buyers and not enough properties for sale, sellers are in a position of power. If their type of property is in high demand, they can expect to receive multiple offers to purchase in a short amount of time.

A 3D virtual tour is an ideal way to view a property, especially when you can’t go in person. This tool lets you continue your plans to buy or sell, while respecting the social distancing measures to limit the spread of the coronavirus (COVID-19).

Quebec’s real estate market has been booming since spring, and overbidding—seen in Montréal since 2018—is now starting to occur outside of the metropolis.

The passage of several regions into red-alert zones fortunately will not stop activity in the real estate industry.

Buying a house in a market where properties are selling like hot cakes is not always easy. Buyers—who may need to make offers on several properties before one is accepted—will have to arm themselves with patience.

What to do when your property is resoundingly popular? Even if the potential buyers are over eager, there’s no reason to rush your decision. It’s entirely possible to receive several offers to purchase at once, and you are in no way obligated to answer them right away.

Buying a house involves a number of costs. Some are one-time expenses, while others are recurring and will need to be factored into your yearly, if not monthly, budget.

When your buyer is a homeowner wanting to buy a new home, that buyer will make the offer to purchase conditional on the sale of their existing property. It’s important to understand that, as long as the conditions of that offer aren’t met, you can keep looking for a new buyer.