What are the 5 Biggest Mistakes Home Sellers Make?

Avoid the 5 biggest mistakes home sellers make if you want to sell your home quickly for top dollar

Biggest Mistakes Home Sellers Make

This list has been created based on my experience working with many families in selling their homes at all price points.

 I.  Don’t de-clutter before listing their home

Space is at a premium in most homes in Etobicoke. De-cluttering will create the illusion of more space. It is a must if you want to your home look it’s best.

 II.  Don’t eliminate smoke or pet odours before listing

Smoke and pet odors are the two biggest turn off’s for buyers. Many buyers will not purchase a home with odors regardless of how perfect the other features of the home may be.

III. Price their house too high

The market determines the value of our house, not you. If you price your house too high, you will have less showings, your house will sit on the market, and you often sell for less than if you had priced your house at market.

IV.  Too many restrictions or limitations on showing times

There is no doubt that having people through your home is an inconvenience to you and your family. However, you need to make your home available when buyers want to see it. The more buyers through, the more likely you are to sell your home quickly for top dollar.

V.  Don’t accept the first offer because they think a better offer is coming

Many sellers feel that they may have underpriced their home if an offer comes too quickly. The truth is that your first offer is often your best. When you house goes on the market, there is a buzz and often this is the time you will get your best offer.

The good news is that all of these are relatively easy to avoid.  Follow this advice and I know that you will be happy with the results!

 

Jody’s Jem of the Week

Desirable Sunnylea House for Rent

32 Kirk Bradden Rd W  

Rare Opportunity! Charming Bungalow On Prime Cul-De-Sac 

Sunnylea House for Rent

$3100 per month. Available immediately.  Private Deck With Bbq. Hardwood Floors Through Out Main Floor, Finished Basement, Freshly Painted. Walk To Bloor Subway, Go Train, Shops, Restaurants, Nature Trails And Pet Friendly. Walking Distance To Excellent Schools, Kingsway Shops. Move In And Enjoy A Luxurious, Tranquil Lifestyle. MLS # W3381294

Please call Jody Thompson Remax Professionals  for more info. Click Here

When is the best time to sell your home?

Best time to sell your homeFocus on best time to sell your home to maximize returns

You are thinking of selling your home.  You’re not in any rush but want to maximize your selling price.  If this sounds familiar, you may be wondering when is the best time to sell a house?  Here are a few things to think about when deciding what time is best for you.

Is your home ready for sale?

When you sell you home you want your house to look its best.  This means de-cluttering and doing any minor repairs that will make your home more attractive to potential buyers.  Always put your home on the market when you home is prepped and looking great.

Do you have a plan on where to move?

Many home owners want to sell first so they know how much money they have for their next home. Others want to buy first so they know they have found their dream  home before selling. In all cases, you  want to have a plan on where you are moving to.  This will avoid a lot of stress and last minute stumbling when you house does sell.

Is there good demand for your home?

Currently, in Toronto and throughout much of the GTA,  it is a sellers market.  This means that there are more buyers than there are sellers.  Generally, you will get more for your house in a sellers market so this is a great time to get your house on the market.

It’s not a science but if you take these three things into consideration, it will give you a good indiction on when is the best time to sell your home.  Of course, I would be happy to help you build a plan to put your house on the market.  Give me a call to help

Jody’s Jem of the Week

Gorgeous Row House for rent South Riverdale Toronto

$3000 per month, available March 1 2016.

Immaculate 2+1 Bedroom Row House In The Heart Of Highly Desirable South Riverdale On A Quiet One-Way Residential Street.  Minutes To Downtown, Great Access To Ttc, Surrounded By Parks,Shopping & Restaurants. Included Fridge, Stove, B/I Dishwasher, Washer & Dryer, Gb & E, All Electric Light Fixtures, Blinds & Bbq. This house to rent in South Riverdale Toronto won’t last.

Need more info on this great rental opportunity? Click Here to connect with Jody Thompson- Remax Professionals

For Lease Sunnylea – $3100

For Lease Sunnylea – 33 Kirk Bradden Rd. W – $3100  Rare Opportunity, Charming Bungalow On Prime Cul-De-Sac In Desirable Sunnylea. Private Deck With Bbq. Hardwood Floors Through Out Main Floor, Finished Basement.  Freshly Painted.

Walk To Bloor Subway, Go Train, Shops, Restaurants, And Nature Trails. Walking Distance To Excellent Schools, Kingsway Shops. Move In And Enjoy A Luxurious, Tranquil Lifestyle.

32 Kirk Bradden Rd W

33 Kirk Bradden Rd W Sunnylea

South Etobicoke Bungalow Gets Top Dollar

138 Yorkview is located in the desirable Queensway neighbourhood of South Etobicoke.  This home featured an open concept floor plan, with two bedrooms up and two additional bedrooms down.  The home is larger than it looks and  in move in condition.  The property sold over list at near a record neighbourhood price.  Click here for more photos.

138 Yorkview South Etobicoke

138_yorkview_drive_MLS_HID1018825_ROOMlivingroom
138_yorkview_drive_MLS_HID1018825_ROOMkitchen3

138_yorkview_drive_MLS_HID1018825_ROOMbedroom1

New funding for school expansion in Etobicoke

Best Etobicoke Schools

Ontario Gov’t Gives New Funding for School Expansion

Norseman Junior Middle School is a sought after elementary school in the Norseman Heights neighbourhood.  Known for a combination of consistent high quality academic standards and a strong athletic program, the school continues to experience increases in student enrolment.  So much that many students are now housed in six portables.  The school has been in need of new funding for school expansion.

Principal Carolyn Wright had never witnessed parents arriving at her door step with MLS listings asking if homes for sale were in the schools catchment area until she became Principal of Norseman Junior Middle School. The popularity of the school is having an impact on homes in the school’s boundaries.  The demand for these homes outstrips the supply so they tend to sell very quickly and are continually increasing in price.

The Ontario Gov’t  gives new funds for school expansion and the good news is that Norseman JMS will receive $6 million dollars to expand the school to accommodate the  student growth. A nice investment for families in the Norseman Heights community.

Are you interested in seeing home in the Norseman Heights neighbourhood?  I can help. Let’s chat

Should you use a realtor to buy a home?

Most homeowners only buy or sell a home every 5-7 years.  There are so many reasons why you want to hire hire a trained expert to help you with this.  Here are 14 that are top of mind.

Image of business partners handshaking over business objects on workplace

Image of business partners handshaking over business objects on workplace

Should you use a realtor to buy a home?  Here why it makes sense.

  1. Most accurate and up-to-date market area comparables (sold and active properties).
  2. Most up-to-date and accurate evaluation of a home.
  3. Ability to “sell the house” to Realtors who are active in the area so they can bring their buyers.
  4. Quick exposure to thousands of agents who each can bring a buyer (better chances of getting a higher price). Quicker sale, higher price.
  5. Provide secure, day-long, easy access to the house.
  6. Ability to market – spend money up front on cards, letters and newspaper advertising.
  7. Extensive social networking marketing.
  8. Can lead to “multiple offers” situation resulting in an over asking selling price.
  9. Reviewing offers with the seller, analyzing the offer, proper (legal) sign backs without needing a lawyer.
  10. Proper and legal handling of deposit monies.
  11. Provide buyers a wide variety of homes to visit and transportation to buyers.
  12. Third-party (mediator) negotiations make it easier to reach a deal (but still working for your best interest).
  13. Assistance with mortgage financing, home inspections and assisting your lawyer until closing.
  14. Screening of potential frauds.

Realtors are working buy/sell deals every day.  They see and solve many of the issues/challenges that you may not anticipate.  They are your insurance on making sure your deal goes smoothly and that you have a successful real estate experience.

Need help with your real estate? Let’s Talk

Jody’s Gems|Mimico quaint parks

Mimico boasts a spectacular waterfront marked with several waterfront parks and parkette.  This one is one of my favorites.  Located just south of Lakeshore, west of Royal York Rd is Miles Cres Parkette.  It’s a place to sit, relax and just enjoy the spectacular view of our wonderful city.  It’s sometimes hard to believe that this little gem is right here in Mimico.

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Miles Cres. Parkette  – Mimico

 

JODY RECOMMENDS|Stonegate Farmers Market

Stonegate Farmers’ Market opening is just a month away!

I just love the Farmers Market and I love shopping locally.  Its a great opportunity to meet and support some of our local farmers.  It really makes me appreciate how lucky we are to have fresh grown produce so close by.  Come out and give it at try!  Tuesday afternoons from 4-7  pm.  You won’t be disappointed.  I just might see you there!

Stonegate/Queensway Events