Cliff Barron here with my weekly update for the Milton, Georgetown and Glen Williams areas for August 23-29th, 2020. Before I get there, I've got something to talk about.  It has to do with revisits at a property. 

When you sell your house, an offer comes in and in the Schedule A of the offer, there's a list of conditions: conditional on finance, conditional on inspection, etc. And usually there is a condition (most of the time) that says the buyer has the right to revisit the property - one, two or three further times, prior to completion, with 24 hours notice given to the seller at mutually agreeable times. So basically what that is, is the buyers have bought the house. They're really excited. They're happy to move into their new house. They want to visit it before closing.  I usually request two times and I say to my clients that we will do one in the next week or two for measuring -new drapes, new shutters or floors, etc.  And then I always suggest another one within a day or two of closing, to make sure the house is in the same condition as when you put your offer in. 

Interesting story:  I did a deal not long ago on an agent's house (I won't mention any names). I brought a buyer to a real estate agent's house -we did the deal, everything worked out well. Then we did our final revisit just before closing and the agent had removed all the bathroom mirrors - took them all. Meanwhile, they were all fixed. They were all fixtures attached to the wall. This is a big no-no.  You don't do that. But that's the reason for your revisits. What we did is said we would withhold funds from the lawyer at closing, he would have done a hold back. And so instead of dealing with a hold back, the agent returned the mirrors and put them back.  So everything was good, but that's a big no-no. You don't do stuff like that. Just like switching out appliances. You don't do it - as simple as that. 

So anyways, when it comes to that revisit, from the seller's point of view - you've sold your home and you're happy. You've checked out mentally, you're moving on to your next place.  Then all of a sudden there's a really inconvenient notice that the buyers want to come and do a revisit on Tuesday and you're like, "Oh Tuesday, come on, I got stuff to do."  So it's within your rights to say no. But just remember there's both sides to the purchase: there's the buyers and there's the sellers. Just remember this. You don't have to clean up. You don't have to leave the house. You don't have to do anything. All you have to do is unlock the door, say hello, and then walk away and let them do their hour. It's usually an hour long, that's all it is. I've got one now where, it was back and forth and back and forth and back and forth for days trying to arrange just a revisit. And it was so difficult because the seller is being so incredibly difficult, but we finally worked it out and everything is good. So that's the revisit. Even if you're not there, just give them the lockbox, let them come in and don't worry about the condition of the house. It's not a condition of the sale, so they can't come in and say, "the house was dirty, we don't want to go through with the sale." You can't do that. The conditions are already met. So it's just merely for the courtesy to the buyers.  And you know, show that courtesy, they just spent a million bucks on your house.  Imagine going to a Rolls-Royce dealership and buying a Rolls-Royce for half a million and then saying, "can I use the bathroom?" And they say, "no, you can't."  You'd be like, "What the heck?"  So anyways, that's putting into perspective.

So, the recent sales for Milton, Georgetown and Glen Williams, August 23-29th. In 2019, we had 46 sales - in 2020, 49.  In Milton, it has slowed a bit because last week we had 53. So we came down a little bit and the sales numbers are still good though. 20 sales of townhouses, 4 semis and 25 detached. The townhouses sold on average for $737k and in 8 days - pretty quick. And then 4 semis on average $809k, 9 days on the market.  And the detached, 25 of those sales at $1,000,064. So we're averaging well over a million now, 12 days on a market. So moving fast.  As long as your price right, you're gonna sell. And then condos. The condos actually picked up a little bit compared to last week. We did 7 sales this week, compared to the previous week, which was on par with last year. I see it kind of slowing a little bit because I think in anticipation of school getting back in. People are kind of getting their last summer hurrahs in, you know what I mean? Like going away for the weekend or going to their cottage or something, and getting a lot of things in before school starts. And then we have Georgetown/Glen Williams. It's slowed a little bit.  In 2019 we had 18 sales and 2020, 13 sales. So that's down by you know, a good 40%, but that doesn't really matter.  Let's see, 2 sales of townhouses at $747k on average, 3 days on the market, 1 semi sold for $820k and 2 days on the market. And there were 10 sales of detached. There was actually 11 registered, but one of them was a duplicate. The average was $1.193 and 6 days on the market. So things are moving still. There's been some big sales in Glen Williams again, that kind of skews the numbers a little bit.  I have a nice one coming up in Glen Williams too, just to let you know! 

So anyways, that's it, for sales in Milton, Georgetown, Glen Williams - things are looking good. Any questions, let me know.  Talk to you soon. Send me a DM, PM any questions. Take care.