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Are you thinking about selling your home in Willowdale West? 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.

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The most important PRO for selling your home yourself inĀ Willowdale West 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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The process of tackling real estate closings is quite complex. However, if you follow a few simple steps from an effective checklist, you can complete the closing process like a professional.

Here are three important steps to follow before the closing process begins. This is a basic guideline - you'll definitely want professional help - but in seeking that professional help, keep these in mind:

1) Obtain Owner's Title Insurance

When you buy a home, there is no way to tell if the home's title has any problems. If a title has issues, you may have to deal with serious financial issues. So, to protect yourself, you must purchase title insurance.

Closing costs catch a lot of buyers by surprise - don't let that happen. Try to learn as much as you can about closing costs before you begin the process so you don't underestimate them.

Additional Advice For First-Time Buyers

During the closing process, always remain focused so that you can avoid costly mistakes.

Deliver the real estate contract to the title and closing services department before the closing date. To ensure a speedy delivery, send the contract by fax or email.

Don't try to do it alone. Seek help from a professional real estate title & closing services firm to navigate the tricky terrain of real estate closings.

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Consumers who don't want to pay a commission but still want the services of a real estate professional when they sell their home have turned to brokerage models offering fee-for-service. Fee-for-service models can offer one service such as a listing in the Multiple Listing Service (MLS) or bundled services that would also include a Comparative Market Analysis (CMA), a marketing plan and negotiation of contracts. The seller with a flat fee or an hourly rate for the service selected compensates the brokerage. Extensive real estate information is available to home sellers on the Internet. Technology driven consumers now look to real estate agents to provide technical pieces of the transaction. Fees range for a MLS listing: $250-$750, prepare CMA: $100-$250, negotiate contract $500-1,000.

Dear Pearl: Brokers who are full service or fee-for-service don't guarantee the sale of a listing. You experienced the day-to-day process of managing a listing. Next time if you want a fee-for-service broker choose one that can convert your fee-for-service into a full service listing. Bite the bullet if you need to sell and re-list with a full service brokerage. Retain an attorney to review your current fee-for-service agreement.

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Selling A Home - What Attachments Stay or Go?


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