Taking Care of Your Real Estate Transaction Wherever You are... Oakville, Burlington, Mississauga, and the GTA!
DETERMINE YOUR HOME'S ASKING PRICE!
Lots of people out there want to buy your home. The right asking price will attract buyers’ attention, and pay you a maximum return.
You don’t want to set your price too low or too high
Setting too low a price means you could miss out on thousands of dollars that some buyer would have paid.
Setting too high a price can scare away willing buyers and leave your home on the market for too long. When you lower the price, people may assume you are under pressure to sell, and lower their offers even further.
Your goal is fair market value “Market Value” is a term that simply means the maximum amount of money that interested buyers are willing to pay for your property. Remember, buyers comparison shop, especially for something as expensive as a home.
REALTORS, Like Brown and Keyes, know the general factors affecting your market. Maybe larger families are moving into your neighbourhood. This trend will make homes with three or more bedrooms and large yards more appealing than two bedroom bungalows. Perhaps a large employer is opening a plant nearby, which will increase demand for housing in general. How are interest rates affecting people’s willingness to take out big mortgages? Do people feel confident about their financial futures? You can ask Brown and Keyes these questions and, more importantly, how they affect the price of your home.
REALTORS®, Like Brown and Keyes, then calculate your home’s value within your market . After accounting for general market influences, your REALTOR® can get very specific about your home, and perform what is called a “Comparative Market Analysis” (CMA). Using the extensive background information available to REALTORS® through a real estate Board’s MLS® System, they will compare your home to a collection of similar homes that have recently been sold in your area. No two homes are the same, but REALTORS® are very good at adjusting their calculations according to the differences. Your REALTOR®’S suggested asking price is thoroughly researched, and designed to maximize attention and profit for your home. You can feel confident trusting their opinion.
We are a FULL SERVICE Real Estate Team !
FREE COURTESY TRAILER
&
STAGING FURNITURE
CALL PETER OR ANDREW FOR MORE DETAILS!!
905-338-3737
WE HAVE FIRM BUYERS !!!!
LOOKING FOR HOMES IN WESTOAK TRAILS & BRONTE CREEK UP TO $450,000, AND ENTRY LEVEL HOMES WITH 3 OR 4 BEDROOMS!
CALL PETER OR ANDREW NOW IF YOU ARE THINKING OF SELLING!!
SELLING YOUR HOME ON YOUR OWN - OR USING A REAL ESTATE SALESPERSON
The Income Tax Act does not specifically set out whether or not a gain or loss is capital in nature. The taxpayer is responsible for reporting the gain as income or capital gain. This report may then be challenged by the Canada Customs and Revenue Agency with the onus of proof on the taxpayer.
If you have decided that now is the time to sell your home, you might be thinking: should I hire a Real Estate Sales Representative or do it alone. Have you ever considered repairing your own car? Anyone can buy the tools and parts. However, most of us just do not have the knowledge, training, experience or the expertise and commitment of time to do the job properly. Besides, there are plenty of experienced professionals to do the work for us.
