Consider to sell your home? Want to test the market ? You can post pictures and information about your home but keep the address confidential. Free service for limited time in some areas in GTA Toronto. some conditions apply. You are not under contract with other real estate brokerage.

How many homes are sold private by the home owners? 5% to 15%. Not all home owner's that start the process will complete it successfully.

Why home owners want to sale private?

•Save on real estate commission? Recover investment?

•Do it yourself? Challenge?

•Time and Timing is not an issue? Market is right? Sellers market or buyers market?.

LETS TALK!

•The main drive is to save on commission, to cut the middle man. The home owners do not see the value add to hire a real estate broker to represent there best interests and to work for them.

•Home owners believes that there house market value is higher then the current market value of similar homes in the area.

•Home owners invest big money on renovation and upgrade. They do not want to accept that buyers sometimes do not see eye to eye the benefits of the renovation /upgrade and they may have a different point of view on the colors selected or the functionality of the renovation. Buyers have different approach on the best use of the space.

•Home owners believe that they can do the marketing campaign themselves.

•Time- Some owners have all the time in the world, they do not mind to seat on the property for months until buyer will show up and pay them what they want. After three weeks most of the home owners will give up and will hire a real estate broker. They do not want to go thru the aggravations when buyers approach them on the phone days and night and offered to pay them much bellow there asking price and even significant below the current market price.

•Timing is very important. Its influenced by the season of the year, current economy, supply and demand, interest rates, consumer confident. it can change direction from sellers market to buyers market fast, if you missed the boat to bad.

•When more home owners will try to sale private? In sellers market, more owners will try to sale private. in buyers market more home owners will jump into the market as act of depression.

•The challenge is also a motivation for some owners

OWNERS ( FSBO) CHECKLIST:

▪Clear out closets and clutter—sellers can give away or pack up toys, linens, and small kitchen appliances to store offsite. Buyers are also forgiving of storage boxes neatly tucked away in a garage or basement.

▪Focus most on the most visible areas—the foyer, kitchen, living room, master bedroom, and family room.

▪De-personalize the home by removing photos, mementos, and dated items.

▪Use plants in colorful pots or inexpensive wicker baskets to fill in empty spaces.

▪Look to home catalogs for little details on beautifying the home. For instance, group books, pictures, and objects d’art appealingly on bookcases.

▪Try angling one or two pieces of furniture slightly and move furniture 4 inches to 6 inches from the wall to create more interesting room spaces.

▪Put away large collections— porcelains, plates, and so on.

▪Remove valuables, prescription medicine, collectibles, and breakables.

▪Trim trees, prune shrubs, and make sure the lawn is mowed and watered regularly.

▪In summer, turn on the sprinklers for five minutes, 30 minutes before the open house. It makes the lawn and driveway sparkle.

▪Refrain from cooking anything that leaves a distinctive odor, such as fish, garlic, or cabbage.

▪Hire a professional service to clean the home, including the carpets and the windows.

▪Set the dining room table with attractive linens, dishes, and stemware.

▪Arrange fresh or silk flowers throughout the home.

▪Light a fire in the fireplace in fall and winter.

▪A mirror in a pretty frame can make a small room feel more open.

▪Use as much natural light as possible. Add extra lamps in dark rooms or corners.

▪Make functional repairs—fix dripping faucets, sticking doors, and broken fences.

Bring in another pair of eyes such as friend, relative, etc. He/She may see problems you have missed.