WHEN IS THE BEST TIME OF YEAR TO SELL?
Prudent sellers list their homes when the market is busy. Historically, the Toronto real estate market has been busiest in the spring and fall.
SHOULD I SELL FIRST OR BUY FIRST?
Ask yourself if selling your home or buying a new house would be easier. Do the most challenging thing first.
Choosing the right advisor is essential.
An agent’s counsel, direction, and expertise can minimize stress while maximizing your home’s selling price.
There is more to selling a home than putting up a sign and listing it on MLS®.
Costs involved in the sale of a home include:
• Home repairs
• Staging costs
• Pre-inspection reports
• Penalty for potential early discharge
of mortgage
• Legal fees
• Real estate brokerage fees
• Moving costs
To get the best price for your home, you need to make it attractive to the broadest number of potential buyers. Today’s consumers prefer turnkey properties that look great outside and in.
Your home is worth what the market is
willing to pay.
Your agent should perform a Comparative Market Analysis (CMA). A CMA compares your house to similar properties that have recently sold and are currently listed for sale.
Things to consider:
• De-clutter. Cluttered homes appear
smaller and unappealing.
• De-personalize. You want buyers to
envision themselves in the space.
• Clean.
• Add fresh towels, have well-made beds, etc.
• Staging furniture if your furniture does not fit the space.
The Listing Agreement is the primary
document to sign before your home can go on the market. This authorizes the brokerage to sell your home.
Once your home is listed on MLS®, every Realtor® in the Toronto Regional Real Estate Board will have access to the property photos and details.
Your Realtor® should have a comprehensive marketing strategy customized to your specific property. The marketing campaign’s goal should be to get the greatest number of buyers interested so that your home will sell for top market value.
Tips for Great Showings
1. Clean and eliminate odours; the home should be neat and tidy.
2. Leave lights on and have blinds, curtains or drapes open/closed, as pre-determined in consultation with your Realtor®.
3. Make sure that the temperature of the house is appropriate for the season.
4. Sparkling clean swimming pools and
hot tubs.
5. Re-set the security alarm code for the time the house is on the market.
6. Remove your pet from the house and
minimize any evidence of pets.
7. Leave the premises during all showings, if possible. If not able to vacate the house during showings, sellers should remain isolated and quiet.
8. Be as flexible as possible when offering showing times.
The sale of a house often entails considerable negotiation. A seller can accept the offer as is, decline the offer outright or make a counteroffer.
A “Sold” sign will be placed on the lawn (for freeholds), and the sale will be reported to MLS®. Then you can expect the following to happen:
• Your Realtor® will distribute copies of the Agreement of Purchase and Sale and any related documents to lawyers and all relevant parties.
• An appraiser will inspect the home to verify the purchase price for the mortgage lender.
• The buyer may also inspect the home to measure for furniture placement, choose paint colours or obtain quotes.
• Rate your Realtor® on Yelp and
Google Reviews.
• Schedule the change/termination of
service for utilities, internet, security
system, etc.
• Meet with your movers and make sure they understand all of your instructions.
• Do a final check for forgotten items.
• Do a final cleaning.
• Leave keys and the code for the security systems inside the house.
We recently sold our condo in SoHo. We were very lucky to have Derek as our agent. He was punctual, realistic, and professional. Very approachable and did a great job. We highly recommend him.
- Arul R.
Finding success in selling.
Finding success in selling.
Finding success in selling.
Listing and selling a home is a process.
Derek was particularly helpful selling a condo in a tough market, getting the best value possible. Thanks, Derek!
- Christi L.
Derek certainly lived up to his reputation as a client service-driven real estate agent. He went over and above our expectations on every level and sold our house over asking in a very short period of time.
- Bonnie A.
This guide outlines the most important steps in selling your home.
WHEN IS THE BEST TIME OF YEAR TO SELL?
Prudent sellers list their homes when the market is busy. Historically, the Toronto real estate market has been busiest in the spring and fall.
SHOULD I SELL FIRST OR BUY FIRST?
Ask yourself if selling your home or buying a new house would be easier. Do the most challenging thing first.
Choosing the right advisor is essential.
An agent’s counsel, direction, and expertise can minimize stress while maximizing your home’s selling price.
There is more to selling a home than putting up a sign and listing it on MLS®.
Costs involved in the sale of a home include:
To get the best price for your home, you need to make it attractive to the broadest number of potential buyers. Today’s consumers prefer turnkey properties that look great outside and in.
Your home is worth what the market is willing to pay.
Your agent should perform a Comparative Market Analysis (CMA). A CMA compares your house to similar properties that have recently sold and are currently listed for sale.
STAGE YOUR HOME
Whether buying or selling, we provide expert advice and local market insight to help you achieve your real estate goals. Our dedicated team works tirelessly to deliver a smooth, successful transaction tailored to your needs.
