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In Many years in real estate in Calgary ive never seen as much activity where some buyers still believe its a buyers market.

Blog by Robin Lear | February 21st, 2013

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Since probably March of 2012 we've seen a turnaround in the market, but many buyers still believe its a buyers market.  Frankly its sometimes surprising when youve been on the market for a short amount of time, and someone wants to entice you with an offer at 90% of list price.  Pretty rare that a seller will be attracted to that in general.  What we've seen in Calgary in that on the low end of the spectrum, 95-96% of list price, but more typical is 98-99% of list if you are well priced. Ie) if you are priced at $500,000  as a seller, would you really take 50k less.  No you woudn't. For more specific insight into your situation, feel free to call or email.