Are you thinking about selling your home in Danforth? 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 Danforth 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 Danforth,Toronto Based Apartments For Sale ?
Home selling prices are starting to fluctuate a great deal across the country. Many areas that have been experiencing a real estate boom are starting to find out that home prices can't stay up forever. On the other hand there are still areas of the country that are experiencing rapid home sales and soaring prices. So the question is how do you price your home right so that you can get the most money and sell your home fast.
The first key to any real estate sale is to list the property at the correct price. Most homes are listed for a higher price then what the home is truly worth. Most FSBO's price the home high because they feel their home is worth more than their neighbor's even though the neighbor's home is exactly the same. Real estate agents unfortunately price homes too high for fear of not getting the listing. A real estate agent should know the proper price for a home but are pressured by the seller to list for a higher amount. Instead of the agent doing the right thing, telling the owner how much the home is really worth, they go ahead and list the home for the higher amount. Whatever you do, make sure you price your home at market or below.
If you want to sell your home fast then make sure you price your home properly or even a little under the true value of your home.
How Can You Sell Your House in "As Is" Condition?
Many homeowners each year make the mistake of thinking that any home improvement project is a good one in terms of adding value to their home. Unfortunately, this is simply not true. There are some home improvement projects you can take on which will not improve the value of your home in terms of the money you spend on the project and there are even other home improvement projects which can detract from the value of your home. If you think you may sell your home at some point in the future, it is imperative to make sure you know which home improvement projects to tackle and which ones to avoid.
The first thing to keep in mind when considering any home improvement project is that you do not want to outdo the neighbors. While the old adage of keeping up with the Joneses is certainly true to a degree, you do not want to exceed them. A home that is largely out of the price range of its neighbors is usually going to be more difficult to sell than a home that is in keeping with the rest of the neighborhood.
Two of the biggest mistakes you can make on home improvement projects is spending money on highly individualized projects and technological advancements. Avoid spending money on items such as saunas and steam baths. Such improvements might add to the value of your property but if the buyers viewing your home are not interested in these items you may find it more difficult to sell the property.
There are certainly some areas in which it makes more financial sense to focus your money if you are considering selling your home. Staging is one of them. Studies indicate that homes which have been professionally staged are selling faster and for more money than homes that have not been professionally staged. Luxury homes may even be able to sell for up to 20% more with staging than homes that are not staged.
You should also keep in mind the features that are most popular in homes right now. Kitchens and master bedrooms continue to rank high in importance with most buyers. Buyers are looking for master bedrooms which can serve as sanctuaries and have features such as vaulted ceilings and fireplaces.
The main key is to make sure that regardless of what types of home improvement projects you take on, you do not go too far. There is definitely something to the old cliché 'too much of a good thing' and that is certainly true in the case of home improvement projects.