Are you thinking about selling your home in Cabbagetown-South St. James Town? Have you been thinking of selling it by yourself instead of hiring a real estate agent? There are several advantages of selling your home yourself, but there are disadvantages as well. To make it easier for you to make a decision find the most important pros and cons below.
The most important PRO for selling your home yourself in Cabbagetown-South St. James Town is MONEY. Selling your home without the help of an agent means more Money in your pocket! By selling it yourself you save the commissions and fees. – We are not talking about pennys, we are talking about THOUSANDS of dollars which you would have to pay an agent. Another advantage is that you are able to decide the times for open houses and showings. It is also completely up to you where and when you want to advertise. Unlike a real estate agent who is selling many houses, you can focus on YOUR house, because you are only selling your own house. It is obvious that you will have more interest in the sale than an agent.
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Newsletters - they're the non-threatening way to stay in touch with the people important to your success. That would be past customers and clients, your sphere of influence, and current prospects. If you can afford it, include your farm area.
Done correctly, a regularly scheduled newsletter can create a loyalty that prospecting letters, postcards, and advertising never could. They're like little gifts that you send with no obvious expectation of return. They make your readers slightly beholden to you, while creating a warm and friendly feeling.
Letter by letter you become a trusted friend - a friend they'll call the next time they need a real estate agent, or to whom they'll send their other friends.
So what goes into this newsletter? News, of course.
Let your readers know what's happening in the neighborhood. Did a business open, close, or change hands? Is there a new housing development coming in? Did a landmark building just get torn down? Folks like to know these things, and because you're in the business of knowing, they'll come to count on you to let them know.
The next question is how to send it. I really believe that a hard copy in the mail means more to people than an email. They'll pass it around to family, and even show it to friends if you've offered something interesting. And... it just feels different. Somehow more important. If you're sending quite a few, it is worth the expense and trouble to get a bulk rate permit from the post office. You'll have to sort, but at about 1/3 the price of regular mail, you could easily hire a high school student to do that and still be money ahead.
Be sure to include your photo on your newsletter, just as you do on your cards. Not everyone is a whiz at remembering names, but most of us remember faces.
Don't let anyone forget you - send them a newsletter. Do it monthly if you can, but at least quarterly.
Sell House - How to Sell Your House Profitably
What is An Entitlement?
The definition of entitlement with regard to land development is the legal method of obtaining approvals for the right to develop property for a particular use. The entitlement process is complicated, time consuming and can be costly, but know what you can and can't do with a piece of property is vital to determining the real estate feasibility of your project. Some examples of entitlements are as follows:
1. Zoning and zoning variances for building heights, number of parking spaces, setbacks. Your land use attorneys and zoning experts come into play here. My advice is to heavily rely on their expertise and follow their directions to avoid unnecessary delays in your approval process.
2. Rezoning. Depending on the current use allowed for the property, you might need to have the site rezoned which is a complicated process and sometimes cannot be done.
3 Use Permits. You may need to obtain conditional use permits and this goes hand in hand with zoning and zoning variances.
4. Road approvals. Do you need to put in existing roads? Who maintains the roads? Are there shared roads via easements? These are all questions that you need to have the answers to and be prepared to comply with in the regulatory process.
5 Utility approvals. Are utilities available to the site? Do you need to donate land to the city in exchange for utility entitlements? Again, you will need to comply with the municipality regulations and standards.
6. Landscaping approvals. The city planning and development agencies must also approve your design and landscaping. Your architect and engineers will be most helpful in this area.
If wetlands are located on the property you will need special documentation that states whether the Wetlands Act applies or not. If it does, either it will result in significant or insignificant impact as granted by evidence of a permit. Sometimes it is best to set aside or donate the wetlands portion of the property and avoid development issues. Your development team will be able to advise you on the best course of action once they have assessed all the information and reviewed the reports.