7 Secrets to Sell Your Home Successfully

7 secrets to sell your home successfully

Here are some tips from the Ontario Real Estate Association that will help your home stand out when you decide to sell.

Here are some tips from the Ontario Real Estate Association that will help your home stand out when you decide to sell.

1. Focus on first impressions. You only get one, so make sure everything potential buyers see first is in top shape. During winter, keep your driveway shovelled and hats and mittens neatly stored for a clutter-free entryway.

2. Empty your closets. A great trick is to create the illusion of extra storage space with half-empty closets, drawers and cabinets.

3. Upgrade strategically. Skip costly major overhauls — quick fixes are cheaper, easier and can often deliver a better return on your investment. Things like a fresh coat of paint, cleaning the carpets, and replacing door and cabinet handles in the kitchen are big-impact projects that can be accomplished in a weekend.

4. Edit personal touches. Buyers are more likely to make an offer if they can visualize themselves living in your home, so put away family photos and kitschy personal mementoes. Stick to simple artwork and accessories that make the space feel lived-in, but neutral.

5. Understand legal documents. When you list and sell your home, there are several real estate documents you need to complete the transaction, like the Agreement of Purchase and Sale and the Listing Agreement. Work with your Realtor to make sure you understand the important information in these agreements and that they contain the specific wording that suits your needs.

6. Make sure the price is right. You don’t want to leave money on the table but you also shouldn’t set the price unreasonably high, or you may scare away buyers and keep your house on the market longer than necessary. Your Realtor can help you determine what’s right for your local market.

7. Light it up. A home that looks bright, airy and spacious is more welcoming and feels larger. Get the look by opening the curtains before viewings, choosing pared-down window treatments in light colours, and adding a few strategic lamps, which you can borrow from a friend until you sell.

Find more information at www.orea.com.

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Buying or Selling a home? Now is a good time for both.

Buying or selling a home? Now is a good time for bothThe second busiest season for buying and selling homes is upon us, but what is it about autumn that causes an upswing in real estate activity?

According to Patricia Verge, president of the Ontario Real Estate Association, a variety of factors may be responsible for the increase in sales. “Much like spring, fall offers a great climate in which to show your home. Also, many buyers are back from summer holidays and getting back to business.”

Some of the benefits for buying a home in the fall include:

• More choices – There is a wider selection of homes available during this period so that you can visit a wide variety of open houses.

• Good weather – Mild temperatures make moving much easier. Assessing the quality of a home’s exterior is less complicated when it’s not raining or snowing.

• Tax breaks – If you purchase a home before the New Year, you can claim deductions on your 2015 taxes.

Some of the benefits for selling a home in the fall include:

• Climate – Mild temperatures and beautiful fall colours create the perfect setting for showing a home.

• More time – Come fall, people tend to settle back into routines, allowing a better dedication for the home selling process.

• Serious buyers – Most buyers want to be moved in and settled into their new home before the holidays and winter hit, so any interest you receive will generally lead to action.

Even with the increase in activity at this time of year, there really is no wrong time to list your home. According to Verge, “If you price your home appropriately and make every effort to present it in a superior way, chances are you will sell your property in a timely manner regardless of the season.”

More information is available at www.wedothehomework.ca.

www.newscanada.com