http://www.jimmysingh.ca/uptowns-at-heartlake-in-brampton-by-vandyk

UPtowns at Heartlake is a new condo development by VANDYK Group of Companies currently in pre-construction at 10302 Heart Lake Road, Brampton.

 

Sales for available units range in price from $299,990 to over $604,990. 

UPtowns at Heartlake unit sizes range from 555 to 1407 square feet.

 

 

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We are extremely pleased to announce that we will have insider access to a new CONDO HOMES
 
development project in Brampton Ontario called Uptowns at Heartlake
 which will be a community of by  VANDYK Group of Companies .
 
 
 
Kitchener New Homes REGISTER BELOW

The Uptowns At Heartlake In Brampton Project Overview

 Homes Are Selling Quickly, Closing In 2019

 

  • 1 Bedroom, 2 Bedroom, 3 Bedroom Homes Available 
  • Garden Towns, Urban Towns & Roof Top Units Available
  • Contemporary Open Concept Layout , 5 Appliances
  • UPtowns at Heartlake unit sizes range from 555 to 1407 square feet.

 

A quick rundown of the highlights of this exciting project by Vandyk Homes:
 
Introducing Urban Progressive Towns 
Urban architecture on the outside 
Progressive layouts on the inside 
  • Deposit Structure: 

    $10,000 with offer 

    Balance to 5% in 30 days 

    5% in 150 days 

    5% in 365 days 

    5% on Occupancy 

    Condo fee :$0.13 Per SqFt

 

 

Register Below For 1st Day Insider Access And Red Carpet Buying Event Now. Sign Up Below 

For more information about this project, floor plans contact Jimmy at 647-961-2639

 

Kitchener New Homes REGISTER BELOW

https://www.google.ca/maps/place/10302+Heart+Lake+Rd,+Brampton,+ON+L6Z+0B4/@43.7308744,-79.7755623,17z/data=!3m1!4b1!4m5!3m4!1s0x882b166877190e93:0x9fafac894ca6a383!8m2!3d43.7308744!4d-79.7733736



The Woods Collection at Forest Creek in Kitchener Ontario Coming Soon 2

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PLAN YOUR NEXT MOVE JIMMY SINGH

PLAN YOUR MOVE: MOVING ITINERARY AND CHECKLIST

PLAN YOUR NEXT MOVE JIMMY SINGH

Moving doesn't need to be stressful! It is possible to start your new life without having your old one in shambles. Not sure what you should be doing the weeks leading up to your big move?

We take the guesswork out for you with this handy moving itinerary & checklist. Avoid last minute scrambling and make your move one that is smooth and stress-free. Follow the steps on this list and you'll be moved into your new home before you know it.

 

8 Weeks Before The Move

  • Lighten your load and downsize by selling unwanted items in a garage sale or by donating them to a local charity. Other good places to sell your big ticket items is on one of many online marketplaces. Craigslist or buy and sell groups on Facebook are a great place to match buyers to furniture, electronics, and other unwanted goods.
  • If you have children attending school, arrange to transfer school records.
  • Contact moving or truck rental companies like Budget to get estimates. Shop around for the best value.
  • Save all of your receipts and start a "move file" containing all estimates and costs related to your move.

6 Weeks Before The Move

  • Set your move date and have pick-up and delivery dates with the moving company set.
  • Pet owners should schedule a check-up with their local veterinarian, and obtain a copy of all necessary records to keep on file*
  • If you have a family doctor/lawyer/dentist, ask for referrals in your new city and obtain a copy of all necessary records to keep on file*
  • Schedule all arrangements with your current landlord or real estate agent.

 

4 Weeks Before The Move

  • Make arrangements with your current utility companies and set a disconnect date to avoid unnecessary charges to your account & settle any outstanding charges. Notify of address change.
  • Arrange a connect date with utility company in your new home
  • Cancel any newspaper subscriptions
  • Look in your local post office for information on change of address forms

 

1 Week Before The Move

 

  • Have your car serviced if moving or driving long distances*
  • Clean out your refrigerator and defrost freezer
  • Transfer or close unnecessary bank accounts. If you have a safety deposit box, remove its contents*

 

Moving Day!

 

  • Do a final sweep of the house to make sure nothing has been left behind
  • Arrange to have the entire day off to spend with your movers
  • If you have any valuables or family heirlooms, carry these items with you
  • As you leave, close all windows, and lock all of the doors

 

*Only required for homebuyers moving to a new city

Who to Notify Checklist

Services and Utilities

  • Water
  • Gas
  • Electricity
  • Telephone
  • Post Office
  • Cable / Internet
  • Rental Companies
  • TV Licensing
  • Mobile Phone Provider

Health

  • Doctor
  • Dentist
  • Optometrist & Optician
  • Physiotherapist
  • Chiropractor
  • Massage Therapist
  • Health Insurance

Financial

  • Banks
  • Building Societies
  • Credit Card Companies
  • National Savings & Bonds
  • Employer
  • Insurance Companies
  • Pension Companies
  • Social Security

Others

  • Friends & Family
  • Subscriptions – Newspaper, Magazines, etc.
  • Club membership(s)
  • Library
  • Schools / Colleges

Vehicle(s)

  • AMA
  • Vehicle Registration Agency
  • Vehicle Insurance

For more information about buying or Selling your home, Contact Jimmy at 647-961-2639

or Click to fill out this form to contact us

CLOSING COST FOR HOME BUYERS JIMMY SINGH

CLOSING COSTS FOR HOME BUYERS

CLOSING COST FOR HOME BUYERS JIMMY SINGH

Closing costs are a list of charges your lawyer presents to you on the closing date for your home purchase. Many people are surprised by the additional costs over and above the price of the home. According to the Canada Mortgage and Housing Corporation (CMHC) and Genworth Financial, you should provide for at least 1.5 per cent of the purchase price for closing costs in addition to the down payment. However, an experienced real estate agent would advise you to set aside between 2 per cent and 2.5 per cent, in order to take care of unexpected contingencies. The costs vary among provinces and cities, but usually the closing costs are associated with one or more of the following:
 

  • CMHC Premium
  • Land Transfer Tax (or taxes, if in City of Toronto)
  • Home Inspection
  • Appraisal Fee
  • Legal Costs
  • Title Insurance
  • Closing Adjustment
  • Property Tax Balance
  • Home & Fire Insurance
  • Interest Adjustments
  • Hydro Account Setup Fee
  • Natural Gas Account Setup Fee
  • Cable Setup Fee

 

For more information about buying or Selling your home, Contact Jimmy at 647-961-2639

or Click to fill out this form to contact us

FIRST TIME HOME BUYER QUESTION

PRICING YOUR HOME TO SELL

FIRST TIME HOME BUYER QUESTION

The most important decision you’ll have to make regarding the sale of your home is how to price it. How you price your home will not only determine how quickly you sell; it will also determine how much money you walk away with.

So you must put great care into coming up with an asking price for your home. Setting an asking price for your home is tricky. On one hand, you want a price that is competitive with prices of other properties on the market so that you can get offers on your property. On the other hand, you want the asking price sufficiently high so as to bring you the highest possible return after negotiations.

Most sellers fail miserably at this task.

While very few sellers actually under-price their homes, I would say from my experience that probably two-thirds of all sellers make the mistake of overpricing! As a result, most homes sit on the market for many months with the average seller reducing his asking price twice before the home sells.

A survey suggested that the typical seller would have sold more quickly and without lowering the asking price had he priced his home correctly in the first place.

Clearly, pricing your home close to the market is to your advantage while overpricing your home can hurt you.

Here are some reasons why so many people overprice their homes?

 

1. Inaccurate Assumption

To see the folly of such an approach, imagine that you want to purchase a Honda Civic, “the car that sells itself”. You go over to your local Honda dealer who informs you that he’s asking $50,000 for the car! You reply that is you had that kind of money, you could buy a Mercedes or BMW. “Well”, answers the dealer, “I’m trying to put two kids through school. I really need to get $50,000 for it.” You walk across the street and buy a Toyota Tercel instead.

 

2. Emotional Attachment

Homeowners are emotionally attached to their homes, and to a large extent equate the value of their homes with their self-value. Everyone feels that their home is special, and you’re probably no exception. After all, you chose that home over dozens of other you looked at. You furnished and decorated it, adding personal touches. Perhaps you watched your children grow up there. All of this tends to cloud your judgment and affect your decision-making.

No matter how knowledgeable you are about real estate, you are still prone to making mistakes when it comes to your own home.

We recently hear of a real estate developer who has an excellent track record of pricing his projects so that they sell out quickly and at a substantial profit. But when it came to pricing his own home, a gorgeous English Tudor home with spectacular views, he lost his objectivity. His home has now been on the market for over one year and he has yet to receive single offer!

This brings up another important point: no matter how spectacular your home is, you will not be able to sell it if it’s not priced correctly. There is a right price for everything: a gorgeous mansion will sit on the market if it’s overpriced, while a starter home beside the railway tracks will sell quickly if the price is right.

To make sure that the price is right, you must detach yourself from your home and try to think of it purely as a business asset.

 

3. Denial

Another reason why people overprice their homes is that they find it hard to accept the value of their home. Denial is the natural way that human beings react to terrible news. For example, psychologists have identified denial as the first stage a terminally ill person goes through when learning of this illness. The person then goes through the stages of anger, bargaining, and grieving before finally accepting their fate.

Of course, being told that your home is worth tens or even hundreds of thousands of dollars less than you thought is not nearly as terrible as being told that you’re going to die in six months. But most people react in a similar way. It often takes several months for the average seller to accept the truth about what their home is worth.

 

4. Pride

Very often pride also comes into play. The seller who bought his home at the top of the market feels like a fool because he paid $500,000 for what is now a $450,000 home. If you are feeling foolish over what you paid your home, don’t be sold hard on yourself. It was hard back then to know that the market would not continue to rise. You weren’t a fool for paying $500,000 back then, but you may be a fool if you ask $500,000 today.

 

5. Greed

Let’s face it, greed is one of the most powerful human motivators. We all want to get the most we can for ourselves and our families, and usually this involves money. So as we get ready to sell the single greatest financial asset we own, it’s only natural that we start to have fantasies that somebody is going to come along and pay us more money than the place is worth.

Forget it. This isn’t going to happen if you think otherwise you’re fooling yourself. If you overprice your home, not only will you waste your time but you’ll probably end up getting much less for it than you would have had you priced it correctly in the first place.

 

6. Room For Negotiation

Most people are under the mistaken impression that you have to start high in order to settle at the right price after negotiations. The facts show otherwise. As the statistics at the beginning of this brochure indicate, homes that are priced correctly sell very close to the asking price.

Think about the assertion that about two-thirds of sellers overprice their homes. With all those overpriced homes on the market, think of how great your home will look if you simply price it close to what it’s worth! The home will look like a great buy, and buyers will bid very close to what you’re asking. In some instances you may even have buyers bidding against each other and driving the price up!

 

7. Lower the price later

Faced with the choice between overpricing and under-pricing, most people would choose the former, and understandably so. The feeling is that an asking price can always be lowered if it turns out to be too high.

The problem with this strategy in a declining market is that by the time you do lower the price, the home will be worth less than when you started. This is known as “chasing the market”.

 

8. Bad Advice

Many people price their homes according to advice given to them by their friends, relatives, lawyers, or accountants. These advisors may be bright and may be experts in their fields, but they are absolutely unqualified when it comes to pricing a home, and this applies particularly to lawyers.

So if you want to sell quickly and for top dollar, set a seductive asking price. Pay attention to how the price sounds. An asking price of $899,898 sounds so much more appealing than an asking price of 900,000, even though it’s only a difference of $102.

As you may have gathered by now, pricing a home is not an exact science. You’ll know whether or not you’ve priced your home correctly after you’ve had it on the market some time. Ask your Realtor how long the average home is staying on the market in your area. If you’ve priced your home correctly, you should be able to sell it or at least get offers within half that time period. If you haven’t at least gotten offers, then you should go back and re-evaluate your pricing.

 

For more information about buying or Selling your home, Contact Jimmy at 647-961-2639

or Click to fill out this form to contact us

INVESTMENT PROPERTY MANAGEMENT SERVICE

Condo Leasing & Rental Services in Greater Toronto Area :

 

Jimmy services a diverse price range of properties, from one-bedroom studios to luxury penthouses. When you list your rental property with Jimmy, you can expect superb service and effective marketing.

 

Advertising & Market Exposure

 

Advertising in multiple medias nets the best results. When you list with Jimmy, your property will be listed on the MLS—the most powerful marketing tool for real estate in Canada, and accessible by all licensed real estate practitioners. And if your property appeals to corporate relocation, it will be electronically distributed through Jimmy’s network of local businesses and relocation professionals. You’ll also get:

  • Internet exposure on www.realtor.ca, the website for all properties listed on the MLS by real estate brokerages
  • Interior and exterior digital photos
  • Digital slideshow and virtual tour (property specific)
  • Listing on www.remax.ca, and 15 classified sites like kjiji.ca, craiglist.ca etc.
  • Local newspaper advertising
  • Social Media Marketing : twitter, You tube, Facebook, Google ads

 

Property Management Service

Jimmy has leased hundreds of homes ,condos in greater Toronto area and has an extensive knowledge of current landlord and tenant legislation and privacy law guidelines.When he takes care of your property, he and his team will:

  • Act as your agent, representing your interests in the transaction
  • Coordinate all showings and field all telephone and internet inquiries as a result of advertising your property
  • Provide and develop a tenant profile consisting of credit history, income and/or employment verification and references
  • Provide thorough and detailed lease clauses addressing today’s landlord issues, since the value of a lease lies in the strength of the document
  • Prepare and negotiate the Agreement to Lease
  • Collect a deposit from the tenant for first and last month’s rent upon your acceptance of the offer
  • Provide assistance in preparation for the turnover of the property to the tenant.


Property Management in Greater Toronto Area :

 

Reap the benefits of owning an investment property while having an experienced and knowledgeable property management company take care of the details. Jimmy along with his experienced Property Management team provides services to non-resident homeowners, investors of single and multiple properties, out-of-Canada transfer fees and others who live right here in greater Toronto area but opt not to manage the property themselves.

 

Jimmy And His Team Will:

  • Negotiate and prepare the lease
  • Develop a preventative maintenance program
  • Help Clients to File non-resident tax returns
  • Resolve tenant conflicts
  • Collect rent
  • Provide emergency services
  • Provide regular inspections
  • Arrange repairs & maintenance
  • Provide detailed monthly statements.

 

For more information about property management, buying, selling your home, mortgage approval or investing

in real estate,  Contact Jimmy at 647-961-2639 or Click to fill out this form to contact us

 
condo house assignment cra and hst facts

HST REBATE IN NEW CONDOS AND HOMES IN ONTARIO

condo house assignment cra and hst facts

HST Rebate in New Condo & Home Sales Explained...

 

People acquiring brand new property in the GTA for investment purposes pay tens of thousands of dollars in HST, so it is very important that they file for a new house rebate otherwise they will not get a single dollar back. Many new Canadians are unaware of the rebate since they are not always familiar with the Canadian property market and tax code, but in most cases their real estate agent will advise them of the rebate during the purchase process.

  HST Rebate Program for New Home Owners or Condo Investors

 

When it comes to condo investing one of the most confusing and most misunderstood subjects is HST and HST rebates.

 

HST Rebate Explained:

 
The HST Rebate has been around now since mid-2010 since CRA introduced the HST system in Ontario. The rebate is to discount first time home buyers or investors of real estate on the HST portions of their purchase as long as certain conditions are met.

 

First let’s talk about the discounting element. There are two important factors GST (5%) & PST(8%)

 

Federal Portion ( 5%- Rebate of 36% to Max $6300) The GST credit has been around for a long time and hasn’t changed it is 36% of the actual GST portionpaid on a new purchase. However there is a restriction on any purchase over 350,000 the GST credit will start decreasing until it reaches 450,000 where it becomes 0.

 

Provincial Portion ( 8%- Rebate of 75% to Max $ 24,000) The PST Provincial portion of the tax is 75% of the actual amount paid capped at 400,000. What this means is that if you buy a property over 400,000 you will still be eligible for 75% of the 8% provincial tax paid.

 

Let’s look at a couple of examples.

 

Example 1

Purchase price of property 350,000 + HST ( GST 17,500 PST 28,000) The credit for such a purchase would be 36% of the 17,500 = 6,300 and 75% of the 28,000 = 21,000 therefore a total of 27,300.

 

Example 2

Purchase price of property 450,000 + HST ( GST 22,500 PST 36,000) The credit for such a purchase would be 36% if the 22,500 but since the property value is 450,000 the credit get’s reduced to 0 and 75% of 36,000 which would be 27,000 but since the PST is capped at the PST of a 400,000 the total PST credit would be 24,000.

 

Now this credit is available for both first time home buyers and those that are purchasing properties as an investment the only difference is the forms that have to be filled out for these credits.

 

If you have purchased a brand new home or a condo from a builder in the past 2 years you are qualify for an HST Rebate of up to $30,000. Most builders claim the rebate on behalf of purchasers that are living in their new home or a condo as their principal residence.

 

The HST Rebate on condos is split to 2 scenarios :

1. If you bought a brand new condo from the builder and moved in to the unit as your principle residence, the builder will credit you the rebate upon closing.

 2. If you bought a brand new condo from a builder as a rental property and never moved in yourself, the builder will demand that you will pay the HST on the unit PRIOR to closing. 

 

New condominium and home investors that rent out their units are being disallowed for the rebate by the builder but can still claim their rebate through the HST Rental Rebate program.

 

In order to obtain the HST Rental Rebate, the owner must provide your accountant or lawyer the following documents:

 

- Copy of the agreement of purchase and sale.

- Copy the closing statement of adjustments.

- Copy of a 1 year lease agreement.

-Form GST 524 New Residential Rental Property Rebate Application

 

Common Questions : Do I have to pay an extra 13% on final closing if I’m an investor of a new condo?

 

Answer: No. What happens is, the first 5.2% of the HST is built in to the price and the builder’s paying that. On closing, you’re going to pay 7.8% of the purchase price. If you buy a property for 200,000 you’re going to pay $15,600 in HST on closing, which you can get back. For a condo $300,000 you’re going to pay $ 24,000 ( i.e .7.8%  or let’s call it 8%)

 

If you need help with a good Tax Consultant to claim HST Rebate, Call Us !

>Mark Purdy , Tax Consultant . www.RentalRebate.ca  is a good one !

 

We‘re New Home & Pre-Construction Condo Experts! We help condo investors make better decisions which lead to higher returns with lower risk. We focus on interpretation and analysis of the current market conditions and we provide our clients with access to exclusive investment opportunities. We provide weekly articles, new investment projects and videos to all our subscribers.

 

If you are looking to invest, buy or sell in a new condo project in Greater Toronto and surrounding areas, or want to ask questions, simply fill out the Contact Us form or Call Jimmy at 647-961-2639 with any questions. I’m looking forward to meeting you !

 

A Little bit of planning is the way to make an informed decision !

 

For more information about hst, property management, buying, selling your home, mortgage approval or

investing in real estate,  Contact Jimmy at 647-961-2639 or Click to fill out this form to contact us

New Ontario 15% Non- Resident Speculation Tax 2

5 Things to know about the New Ontario 15% Non- Resident Speculation Tax

New Ontario 15% Non- Resident Speculation Tax 2

Here is what you need to know.

  1. The tax is for non-residents of Canada buying 1-6 residential units in the Golden Horseshoe area of Ontario.  This tax is in addition to any Land Transfer Tax payable. It applies only on 1-6 units of residential property purchased by a Non-resident of Canada in the Golden Horseshoe Region of Ontario, including Toronto, Niagara, Hamilton, Peterborough, Simcoe, Waterloo and York. It thus does NOT apply to any apartment building with at least 7 residential units, or any commercial property, industrial property or vacant land.
  2. What if you are a Canadian citizen but also a non-resident?  If you are a Canadian citizen, you do not pay the tax. Even if you are a non-resident, living in the US, Great Britain or Hong Kong, as long as you are a Canadian citizen, you will not pay this tax.
  3. What if there are 3 buyers buying a property that cost $500,000.00, each owning a third of the property, with 2 owners being Canadian citizens and one being a non-resident? Here it becomes very problematic. Even if the non-resident will own only one third of the property, they must pay 15% on the entire purchase price of $500,000.00, or $75,000.00
  4. Lenders ask for parents to sometimes co-sign a mortgage for their children buying a home and take a small percentage of
    title, even 1%, to do so. What happens if the children are permanent residents of Canada but the parent is a non-resident?  This is a disaster, because under the new rules, even if the parent was holding the 1% title in trust for the children, they must pay 15% of the tax on the ENTIRE purchase price. Mortgage brokers, lenders and realtors must be aware of this when qualifying potential buyers. In this regard, lenders will have to start giving serious consideration to accepting a guarantee instead from the non-resident parents, to avoid the non-resident parents having to take any interest in the property, triggering this tax. The issue, however, is that if the children do not qualify based on their income, the parent may have to go on title to satisfy the lender requirements. In addition, the guarantee will likely require the parents to obtain independent legal advice , and permit them to raise more defences if the bank tries to enforce it. As you can see, this is not easy, and this must be determined before anyone in this situation puts in an offer to buy a home.
  5. Rebates - Even if the tax is paid, rebates will be available if the non-resident becomes a resident of Canada or a Canadian citizen within 4 years of closing, or if the non-resident is a foreign student who has been enrolled as a full-time student at an approved Ontario institution for at least 2 years after closing, or the foreign national has worked at a full-time Ontario job for at least one year after closing.

 

Reference: Mark Weisleder is a Partner, author and speaker at the law firm Real Estate Lawyers.ca LLP. 

Contact Jimmy for a Free No Cost No Obligation property value home evaluation and detail

market analysis now to find out how much your home is worth in Brampton, Toronto,

Mississauga and GTA at 647.961.2639 or fill out this form to contact us

HOME STAGING TIPS

You’ve heard it before- it’s all about first impressions!
 
Home staging simply helps your home look more attractive while highlighting some of its best features. If your home is on the market, your goal is to makes potential buyers feel like they could live there, and the finest way to do this is to neutralize the surroundings.
 
Below are some helpful styling tips to help put your home in prime showing shape!
 

  • Clear out your closets and clutter
  • Focus on highlighting the most visible areas in your home (kitchen, living room, master suite, family room etc)
  • Remove personal items in your home like family photos and souvenirs
  • Put away large items such as porcelains, plates and vases to create more space
  • In the summer, water your grass and garden 30 minutes before an open house- this will make your lawn sparkle
  • Do not cook anything that will leave an odor (fish, garlic etc)
  • Set the dining room table with attractive linens and dishes
  • Neatly arrange fresh flowers throughout your home
  • Uses mirrors to help smaller rooms look more open
  • Use as much natural light as possible
  • Make small repairs to faucets, squeaking doors and fences
  • Bring another set of eyes to help you catch something you may have overlooked

 

Contact Jimmy for a Free No Cost No Obligation property value home evaluation and detail

market analysis now to find out how much your home is worth in Brampton, Toronto,

Mississauga and GTA at 647.961.2639 or fill out this form to contact us

 

Great First Impression

GREAT FIRST IMPRESSION

Great First Impression

Small improvements to your home could greatly increase the perceived value of your property. It is always a good idea to freshen up the interior and exterior of your home before putting it on the market. This does not necessarily mean you have to go out and spend a lot of money to make it happen. There are many things you could do on your own to make your home look perfect.

Here are some simple steps you could take to help increase the perceived value of your home, and make a great first impression:
 
Exterior

- Keep your lawn cut
- Weed and edge gardens
- Keep your driveway clear and clean oil spills
- Clean out your garage
- Do small paint touch ups
- Clean porch
- Make sure the doorbell works
- Repair broken screens
- Repair door locks
 
Create Space

- Clear halls and closets of clutter
- Store excess furniture
- Clear kitchen counter and stove top
- Remove empty boxes and containers
- Put away personal photos- this helps the buyer envision the home as their own!
 
Maintenance

- Repair taps and toilets
- Clean furnace and filters
- Repair cracked plaster
- Clean and repair windows
- Repair seals around tubs and basins
- Replace burnt out light bulbs
- Oil squeaking doors
- Repair squeaking floor boards
 
Keep it Clean

- Clean bathrooms
- Clean appliances in and out
- Clean around heating vents
- Clean washer and dryer
- Clean carpets
- Eliminate pet odors and stains

 

Contact Jimmy for a Free No Cost No Obligation property value home evaluation and detail

market analysis now to find out how much your home is worth in Brampton, Toronto,

Mississauga and GTA at 647.961.2639 or fill out this form to contact us

 

COMMON SELLING MISTAKES

Mistake #1: Selling for the Wrong Price
 
Of course, every seller wants to get most money out of their property. However, this will not happen by pricing your property too high. A high listing price will cause buyers to lose interest before they even look at your property. On the flipside, a listing price that is too low will cause buyers to feel there is something wrong with the property, or you are hiding something. In general, your property should be priced according to its fair value, taking market conditions as well as other factors into consideration.
 
 
Mistake #2: Failing to Properly Showcase your Home
 
As obvious as this mistake may seem, it is still very widespread among home sellers. If you are trying to sell your home, it is imperative that you make your home as pleasant looking as possible. Failing to ensure your home is clean, presentable and welcoming will quickly turn away potential buyers.
 
 
Mistake #3: Trying to Hard Sell During a Showing
 
Buying a home is a very emotional experience. After all, it is likely the largest investment anyone will ever make. As a result, you should allow prospective buyers to comfortably examine your property. Trying to forcefully sell your home during a showing will take away from the pleasant home buying experience. This will surely make any potential buyers look elsewhere. The best idea is to point out any important amenities and be accessible to questions.
 
 
Mistake #4: Trying to Sell to “Window Shoppers”
 
Everyone who comes into your open house is not a prospective buyer. As a matter of fact, most individuals who attend your showing are not ready to buy. A good real estate agent will be able to distinguish between a “window shopper” and a real interested buyer. Trying hard to sell to the wrong people is very inefficient and time consuming. This will result in missed opportunities to focus your attention on real interested buyers.
 
 
Mistake #5: Signing a Contract with Your Agent with No Escape
 
Hopefully you take your time to pick the right real estate agent to represent you. However, as we can relate, circumstances sometimes do in fact change. Before signing a contract with your agent, make sure you are not bound to that realtor in anyway. You should know the exact terms of the contract, so in circumstances where you want to find another agent, you can easily do so without any harsh penalties.
 
 
Mistake #6: Ineffective Marketing and Advertising
 
Your real estate agent should have the experience to employ the necessary marketing techniques to help sell your home. Today, information technology and the internet are the number one means to attract prospective buyers. When searching for an agent, make sure they have the necessary skills and resources to use the internet effectively to attract buyers. Otherwise, you will risk your home being on the market longer than it should be.
 
 
 

Contact Jimmy for a Free No Cost No Obligation property value home evaluation and detail

market analysis now to find out how much your home is worth in Brampton, Toronto,

Mississauga and GTA at 647.961.2639 or fill out this form to contact us