Avoiding the 3 Common Toronto Seller Mistakes

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Lots of homeowners make the same big mistakes when selling their home.

1. Pricing the property too high. This causes other homes in the area to sell, because odds are if a buyer sees two properties in the same area but one is priced much lower, they'll go for that property. Even if you reduce your price down the road, the home becomes less attractive to buyers, and they perceive it as having less value.
2. Hiring the wrong agent. It's important to recognize that hiring an agent is a business decision, not a social decision. Hire an agent who can get the job done, not because they're a friend or family member. They should have a record of sales performance and have a track record of selling homes in the area in a similar price bracket. Interview them to make sure they have a strong marketing plan, and your best interests at heart.
3. Not getting rid of clutter. Your home needs to be in a condition to show. If you have pets, ensure that rooms are free of any pet messes. The less clutter, the larger a property looks. Give buyers the chance to walk through the home and imagine themselves living there.

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Hiring an agent is a business decision.

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Thanks for tuning in today! If you have any questions for me or want to sit down for a real estate consultation, please feel free to give me a call or respond to this email. I'd love to work with you!

The Benefits of a Comparative Market Analysis

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Want to buy a home? Search all homes for sale

A comparative market analysis is a method that Realtors use to find an accurate price for your home. It’s a massive amount of research, and each Realtor does it a little bit differently.

Most often your property is compared to a group of similar properties that have sold in the last 3-6 months, properties that are still on the market, and pending properties.

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A CMA will place an accurate and attractive price on your property

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There are other factors that have to be accounted for, like the number of bedrooms, the number of bathrooms, your garage space, the square footage in your home, and the size of your lot. Location is important too. If you live next to a highway or train tracks, your home will obviously not be valued as highly.

If you’d like to have a CMA performed for your property, please don’t hesitate to contact us! It’s a surefire way to price your home accurately and put your best foot forward during a real estate sale.