Do you want multiple offers as soon as Your Home goes on the market?
If your answers are yes, call Jasmina at 905-731-2000 to arrange your Home Evaluation and receive a 50 minute "Stage Your Home for Profit" DVD – both absolutely FREE! DVD contains Step-by-Step instructions to easily and profitably prepare your home for sale.
What is Home Staging?
Home staging is the process of preparing a home for sale. Through merchandising your goods, staging shows potential home buyers that your home is the best product available. Real estate experts know that a staged home sells faster and for considerably more money than one that is not staged.
When you Buy or Sell a house with Jasmina you will receive a Gift Certificate for 5 Day Fun-filled Cruise for 2 persons. Call Jasmina today at 905-731-2000!
Where Can We Sail?
Your Certificate will be valid for any of the following Carnival cruises:
Miami departing every Monday going to Key West and Cozumel Mexico returning on Fridays.
Port Canaveral departing every Sunday going to Free Port and Nassau in the Bahamas returning on Thursdays.
Los Angeles departing every Monday going to Ensenada Mexico and Catalina Island returning on Fridays.
Shocking Truth: 2 out of 3 Listings Do Not Sell in the GTA!
Most owners think that their homes are special, will bring a good price and will sell quickly. The sad truth is that selling your home in Toronto Area can be frustrating. A lot of all new listings that go on the market eventually expire with the home still unsold. Toronto Real Estate Board stats reveal that even in the Sellers Market only 1 in 3 Real Estate listings actually sells:
Spring home buying frenzy continued in June. Buyers and sellers reached
deals on 10,955 properties, which is 27% more compared to the same
period last year. The average price for MLS sales was $403,972, up by
two per cent compared to last year.
It is very unusual what is happening on the market and even the oldest
agents in my office haven’t seen anything like this. All of the sudden
we are seeing multiple offers, but it is hard to believe recession is
coming to an end. I think that sellers were afraid to list so we have a
shortage of supply. If that’s the case market will soon become
balanced.
If you are a home buyer who missed Toronto Real Estate market bottom
while waiting for recession to push home prices further down, then you
should check out my article
Where
to get good deals now?
Already ranked as the country’s top brokerage (based on sales of independently owned RLP franchises in 2007), The Richmond Hill-based Royal LePage – Your Community Realty now boasts more than 600 Real Estate Agents in nine locations covering a sales area stretching from the shores of Lake Simcoe to the waterfront of Lake Ontario.
“By acquiring these ideal locations in two of the fastest-growing communities in the GTA, we can offer our clients a much larger inventory that stretches, literally, from shore to shore,” said Vivian Risi, Broker of Record and founder of Royal LePage - Your Community. “With offices in downtown Toronto and throughout York Region right up to cottage country, we can maximize our network and do an even better job servicing our listing and client needs.”
Despite the U.S. housing recession, where home sales are to hit bottom in early 2008 and the current housing crisis is expected to run through early 2009, Canada's real estate market continued to post significant price gains in the fourth quarter of 2007 and showed little sign of the usual winter slowdown. Toronto Real Estate Board Market Watch reported 2007 was Best Year Ever, with 4,646 sales in December and year-end sales of 93,193. This is 12 per cent higher than year-end sales in 2006 and 11 per cent higher than 2005, the Toronto market's previous best-ever annual performance!
Here is a summary of recent Royal LePage Real Estate Reports and interviews our president Phil Soper did with the Canadian media to discuss the Canadian Real Estate market and the outlook for 2008.
2007 was a record-breaker for the Canadian Real Estate market. The big stories were price out west and volume in central and eastern Canada. We knew prices would continue to appreciate in the west but the pace of appreciation particularly in the first part of the year really defied all expectations; and in Ontario and Quebec we saw the number of homes trading hands really spike up in the second half of the year; very, very strong year for real estate. Toronto area displayed high levels of home buying activity in the fourth quarter, despite the city’s rising house prices, partly related to the introduction of a new Toronto Land Transfer Tax.
In marketing your home, you are competing against dozens of other owners who are all after the same pool of buyers. To compete successfully, you want to gain every possible advantage. If you list your home with Jasmina, you will instantly be entitled to VIP Home Seller Program for FREE. This Program will help you obtain the best possible price in the shortest amount of time!
Top Marketing Advantages of Listing a Property with Jasmina
VIP Home Seller is a comprehensive program that sits on top of my traditional Real Estate advertising and marketing services and includes the following VIP benefits:
You may be tempted to do so and sometimes that’s appropriate. But first find out how the proposed price was calculated. What methods were used to assess your home’s potential value in the current market? How was your home compared to others that have sold recently and to those currently for sale? Does this suggested price match your selling objectives?
Determining Your Home’s Asking Price
Your decision about the “asking price” of your home—the price your Realtor will put in the Listing Agreement is one of the most important you will make in the selling process.
If you price your home too low, you may cheat yourself out of money you could have earned on the sale. Ironically, some potential buyers may not even view your property if the price is too low—on the assumption there must be something wrong with the home.
If you set your price too high, potential purchasers may pass it by in favour of more reasonably priced homes. Others may figure you won’t accept a large decrease in price, so they won’t bother to make an offer. A few may even be reluctant to offer a much lower price for fear of embarrassing you or themselves.
Setting too high a price can also leave your home on the market for a long time, which could give it a bad reputation among potential buyers. If you then decide to drop the price, you may end up selling your home for less than had you priced it reasonably in the first place. The reason? Having your home on the market for a long time can weaken your negotiating position, since buyers may assume you are now under pressure to sell and will bargain accordingly.
The object, then, is to choose a price that is neither too low nor too high. But doing so is a complex procedure involving a comprehensive understanding of the market and an objective opinion of your home’s saleability. Realtors are experienced in doing this research and providing the guidance you’ll need to make the best-possible decision.
Through years of experience helping people buy and sell their homes, Peggy Selinger-Eaton, author of Stage Your Home for Profit, developed seven major staging principles. These principles make one house sell immediately while the same home down the road stays on the market for months. Following these principles means your home is professionally packaged and presented, while creating maximum appeal and interest:
You’ve made us #1 in York Region AGAIN & #1 Independently Owned Brokerage in Canada for Royal LePage.
Thank you! We have assisted over 5,000 families in finding their special new home in 2006. Take look at the York Region Independent Market Share Report based on TREB properties listed and sold in York Region (from Steeles to Lake Simcoe and from Dufferin Street to the York Durham Line):
Appraisal Institute of Canada surveys its members and compiles a list of renovations that yield the best return on investment. Year after year, three most frequent renovation improvements undertaken by homeowners, which provide the highest payback potential are:
Bathroom Renovation
Kitchen Renovation
Painting - Interior/Exterior
Care should be taken not to overly personalize the renovations and adversely affect the property's function or market appeal. Be particularly careful when renovating if the property is in the upper range of value for the area and involves a large capital outlay.
Projected average payback value ranges for the twenty most frequent renovation projects are:
If you are determined to sell your home yourself, I wish you good luck. However, I will look forward to your call to discuss some of the advantages of having agency representation that you may not have considered.
Here's some help on How to Sell Your Home without an Agent:
By hiring their own inspector, sellers can ease the pressure from sole reliance on the buyer’s report. Problem areas became negotiable items. The usual approach is to wait for an offer before inspectors scope out a home. Once inspectors for buyers get involved, though, it opens a Pandora’s box of costs and demands. Buyers push the envelope; sellers, sometimes panicked by lack of other offers, capitulate.
According to home inspector Rob Kent of Pittsburgh Property Inspectors in Pennsylvania, a scant 1 to 2 percent of his business is for sellers. “I find it amazing that a lot of these people think their house is in fantastic shape, then they find all these things wrong and they wonder how this happened,” Kent says. But by then it’s too late, because the buyer is in the driver’s seat in terms of repairs and, more importantly, repair costs. Kent says the time to spot problems is early. Only then, says Kent, does “the seller has chance to shop around for the lowest price.” Sellers can also control scope of work. Read the full story.
Do you want multiple offers as soon as Your Home goes on the market?
Announcement: Canada’s Number One Royal LePage brokerage is expanding again.
Jasmina Zivkovic - Real Estate Agent with Toronto Real Estate Board serving York Region and Toronto