Are you thinking about selling your home in Forest Hill North? 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 Forest Hill North 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.
How to Find the Best Forest Hill North,Toronto Based Condo Downtown ?
Did you know that making a few small home improvements can skyrocket the chances of your home selling quickly? If you are in the market for a new home but need to sell your home first, there are a couple of things you can do to vastly improve your chances of a quick sale.
Do you remember the old saying "you only get one chance to make a good first impression"? That's not only true when you meet someone or apply for a job, it's also true when you are trying to sell your home.
First, decide that you'll be perfectly honest with yourself. Also, take the opportunity to ask someone who is brutally honest, to help you see your home through the eyes of a potential buyer. Having done that, drive up and down your neighbourhood for a block each way from your home. What stands out to you about any of the other homes in your neighbourhood? Any certain paint combinations, yard decor or maybe even a white picket fence?
Consider repainting, at least the first room they'll see, with an off white colour. That will brighten up the room and it is the most universally accepted colour for walls, sure not to offend the eyes of your buyer. Carpet, window dressings and furniture arrangement can be other areas of attention but the home improvements you most want to concentrate on are the first impression things. These are what makes a home sell quickly.
Emerging Fee-For-Service Option To Traditional Model
Most people understand that a Buyers Agent is the agent that represents a buyer through a real estate transaction and the Sellers Agent represents the Seller during the transaction. Often, buyers do not understand exactly what "Limited Agency" (sometimes referred to as Dual Agency) is and how it will impact their sale or purchase. In Utah, the exact definition of Limited Agency taken directly off a Limited Agency Consent Agreement from Utah Association of REALTORS® reads:"A Limited Agent represents both seller and buyer in the same transaction and works to assist in negotiating a mutually acceptable transaction. A Limited Agent has fiduciary duties to both seller and buyer. However, those duties are "limited" because the agent cannot provide to both parties undivided loyalty, full confidentiality and full disclosure of all information known to the agent. For this reason, a Limited Agent must remain neutral in the representation of a seller and buyer, and may not disclose to either party information likely to weaken the bargaining position of the other; such as, the highest price the buyer will pay or the lowest price the seller will accept. A Limited Agent must, however, disclose to both parties material information known to the Limited Agent regarding a defect in the Property and/or the ability of each party to fulfill agreed upon obligations, and must disclose information given to the Limited Agent in confidence, by either party, if the failure to disclose would be a material misrepresentation regarding the Property."
Many clients often point out the fact that the Agent will be making double the commission. This should not be a consideration for either party involved in Limited Agency. You must remember this agent will make commission on their listing no matter WHO sells it, and if the Agent is already working with the buyer, then anything the buyer purchases the Agent will make commission on that as well. Essentially any deal could be a "double commission" when an agent works with both buyers and sellers independently. So it is unfair to make the Agents commission a factor or a negotiation tool, for either party.
Limited Agency... should YOU participate? I suppose it depends on how well you know your Agent. Will you get the best deal? Possibly. You may have to rely on some of your own instincts and research to determine what the best deal will be, as you will not have full disclosure and advice from your limited agency real estate professional.