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Realtors are knocking on doors, hoping homeowners take their offers

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Summary

Because of demand, real estate agents are approaching strangers, asking if they're ready to sell their homes.

Cold-calling becomes a reality for realtors, as buyers are desperate are desperate for homes in Metro Vancouver.

VANCOUVER (NEWS 1130) – Metro Vancouver homeowners are getting friendly knocks on the door – thanks to the red hot real estate situation in the region.

You can chalk it up to the lack of supply in the housing market.

Aaron Jasper, who works for Royal LePage, says when he launched his career less than ten years ago, he wouldn’t have dreamed of cold-calling a homeowner.

Now, it’s part of his job – especially if he’s working with clients looking for something specific and they’re too impatient to wait for a home to pop up on the market listings.

“If I’m working with a family and they really like the neighbourhood, the amenities, the community centres, the school.”

He says a prudent homeowner never accepts a deal offered by the cold-calling realtor without independently verifying the value of the home.

And does the approach work?

“It depends on who you are approaching. If you’re approaching a young family living in a house, unless they are looking at moving to Chilliwack they are going to take a pass.”

On the other hand, retirees may be convinced that it’s time to downsize.

Jasper says there are advantages of selling in this situation: it saves homeowners of having to go through the listing, staging, and open house process.