A couple more sales...

There have been a couple more sales at the resort in the past few weeks - one cottage lot that has a great view of the lake, and one RV lot. The RV lot had been on the market for a couple of years, so I am sure that the sellers were happy to see it finally move. And the buyers are happy that they were patient and they got a good deal. We have also lost a couple of listings at Lake McGregor Country Estates. One cottage lot and two RV lots with units. I do not blame the sellers for taking them off the market. I know at least one is now trying to sell on their own, and I am sure the other will be getting another real estate agent. Once again, I do not blame them. The market has been soft and it is frustrating not having your property sell, especially after being on the market for so long, like over a year or more. Sometimes the real estate is to blame, but sometimes the asking price is just too high, or the market is just not there. I am familiar with that. For the first several years of us marketing Lake McGregor Country Estates, we had very few sales, and high input costs for marketing. Then the market took off and sales were hot. And over the past few years, sales have certainly been fewer than the "hot" years, but still better than the first few years which were very quiet. As my university economics professor told us, the market goes in cycles. And when you hit the market at the wrong time, the cycle sucks!

Preparing for the colder months

As the days start to get shorter, it is time to start thinking about the fall and winter seasons. Here are a few tips for life at the lake: start thinking about winterizing your RV or cottage. Get in contact with management about getting your water shut off if you are not going to be around for the winter. If you are not comfortable winterizing your RV, talk to a neighbour. There are people who have been out there for years who are more than willing to pass along a few helpful hints. If you are going to be away, let your neighbours know so that they can keep an eye on your place for you. Let management know too, so that they can also keep an eye on your place, and leave them contact information in case they need to get in touch with you. Hopefully all will be good but we should be prepared. Best to be safe than sorry.

Year of the RV lot and unit sales

This year we have seen only a few cottage lots sold, but we have seen an increase in RV lot, and RV lot with units sold. More specifically, we have seen an increase in activity in RV lots with park model units on them sell - most in the $130,000 to $134,000 range. Once again, this proves that there are buyers out there, but they are looking for the deals because they know someone is willing to sell cheap. As stated before, there were two interior cottage lot sales, $31,000 each, that sold closer to the beginning of 2014. Last weekend, we did have a larger, lake view cottage lot sell. Plus, we have negotiations carrying on for another lake view cottage lot. Unfortunately, the resort has had some of the general public "sneek into" the resort and there has been some damage done. This has been the case for years now. Within the passed couple of weeks, however, management has come up with something to help curb that trend. There are now spikes at the exit gate. People can no longer enter the resort through the exit gates, which, in the past, have been damaged and did not work properly. Now, people who want to enter the resort will have to obtain the security code from an owner, or from management. I am sure that this will deter at least some of those people who were enjoying the amenities of the resort, without the investment. And I am sure this helps put the minds of the current owners more at ease as well.

Hey, is that a few more sales I see?

Remember a while ago when I said that the weather was holding things up, and that once it started to warm up things would start to happen? Well, within the past 10 days I have had one RV lot sell, and have sold another RV lot with a 5th wheel trailer on it. And, we have a conditional sale on a park model on its own lot. Plus, I have a few more people coming out to check out the resort. Now before we strike up the band and celebrate the changing of the market, let's take it all with a grain of salt. It is nice to finally see some action happening, and let's hope that the momentum continues. I am being cautiously optimistic, I guess you could say. I do think that a few more SOLD signs out there will create a bit more urgency for potential buyers. I mean we are down to only two vacant RV lots for sale now. It is nice to see some of these properties that have been on the market for over 2 years finally seeing some action, and buyers putting pen to paper. Let's hope that we can get a few more new families out here, and help them make some new family traditions at the lake!

AREA Buyer Representation Agreement Video

Live long and prosper: A Vulcan County experience

Live long and prosper: A Vulcan County experience

Spinning out wheels a bit...Thanks Mother Nature! Blah!

When this weather smartens up a bit, there will be more people coming out to look around at the resort. It seems like that whenever we schedule viewings at the lake, the weather turns ugly. This weekend sounds like no exception. Come on! Warm up! Let's get this summer started!