Selling Homes in a Slower Real Estate Market

Like many other places in the world, Kelowna’s real estate market has changed. We have enjoyed a strong Sellers market for the last couple of years and the tide has certainly shifted. Buyers have a lot to choose from and a property needs to not only be well priced, but be in mint condition to attract a buyer.

We have had many people contacting us wondering how to sell properties in this changing market.

Something we have been doing to increase the awareness about the homes we are selling is hosting events at our listings. We are holding a fashion show at one listing. We will have a winery on site to promote their wine, a ladies dress shop will bring their gowns and models will showcase the latest fashions.

We will be inviting people from our target market to enjoy the evening (and to view the gorgeous home). Once inside the home, we hope that people will appreciate the quality and finishing and will consider making it their home.

Another idea we have implemented is that we are hosting a family fun day in a new development we are selling homes in. There will be ice skating, horse drawn sleigh rides, hot chocolate etc. We will have a gift draw for those people who come inside and view the house we are promoting.

We have been really pleased with the interest these events have generated for our listings and we will continue to do things like this to get properties sold.

As the market changes, it’s important that your Realtor stays on top of the market – and keeps you informed and educated.

If we can help in anyway, please give us a call or email.

Tamara & Shannon Stone
www.stonesisters.com
REMAX Kelowna
1.250.878.0773
info@stonesisters.com

Kelowna Has Become Affordable Again

There has been much negative publicity lately in the media talking about Kelowna's falling home prices. We see a silver lining to the dark cloud... Buyers have found Kelowna real estate affordable again. We have three buyers that we are working with this week - all are coming from outside Kelowna and they are buying with the knowledge that they are getting a much better buy than they would have a year ago. Yes our prices have changed, in some cases homes are $50,000 to $100,000 less than a year ago, but this also means that some people who previously thought Kelowna was too expensive can now afford to purchase a home here.

If you would like any information on current prices and availablility in the Okanagan area, please contact
The Stone Sisters or visit our website at www.stoneteam.com Toll Free is 1-800-663-5770 Re/Max Kelowna