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The Wilson Realty Group | Keller Williams Edge Realty Blog

Monday, December 19, 2022   /   by Rebecca Wilson

THE 5 TRUTHS ABOUT FOR SALE BY OWNER

Many people believe that they can save time and money by selling their homes themselves. Statistics show that this is not the case. 
Here are the 5 reasons as to why selling yourself will cost you more money than selling with a Professional Realtor.
FSBO = For Sale by Owner
1.  These Sellers Will Have To Pay A Commission (80% to 85%)

The majority of home owners who chose to use a do-it-yourself brokerage will still pay at least 2% in commission. Why? Just because they are free from the commission on the listing side, they will still have to pay the agent who brought the winning offer for the Buyer. 



When someone decides to use a "Do-It-Yourself Brokerage" such as Purple Bricks or Property Guys, there are up-front, flat rate fees to get started. This means that if the home doesn't sell or they decide that they would like a professional to help later on, they have already given them their fee, and it is non-refundable.


2. These Listings Attract Fewer Show/ ...

Monday, December 19, 2022   /   by Rebecca Wilson

WHEN IS THE BEST TIME TO SELL? COMMON MISCONCEPTIONS PROVEN WRONG

It is a common misconception that selling your home is best in the spring and summer months. The truth is, each season has benefits when it comes to your home sale.
Let us explain:
Pros For A Spring Sale
1. Buyers tend to wait out the cold weather. Now that the weather has improved, Buyers who had stopped looking over the winter begin to saturate the market. More Buyers = More Competition, which drives up prices. An increase in prices then means a potential Buyer is willing to pay more for your home than they may have otherwise.
2. The sun is out and the days have become longer. This allows buyers to spend more time looking at homes in the daylight, giving you the opportunity to better showcase your home.
3. Buying your next home is easier. More listings come to market in the spring, so if you are buying as well as selling, there will be more homes for you to choose from. 
Pros For A Summer Sale
1. Summertime is optimal for families. The kids aren't in school and so ev/ ...

Monday, December 19, 2022   /   by Rebecca Wilson

THE REAL ESTATE UNICORN

When buying a home, you might think to yourself....
"I want to live in a nicely finished house, in a great neighborhood, for the perfect price!"
This is what is known as a Real Estate Unicorn - A property with incredible finishes, in a wonderful neighborhood, for a great value. 
There are three key elements go into the Real Estate Unicorn, and they are not faith, trust and pixie dust. They are:
Location
Where is the home located?
What schools, shopping and other amenities are in the area?
What are the demographics of the neighborhood?
Is it easy to commute to and from?

Price
Is their value in the home at the price you will pay for it?
Does the home fall within your budget?
Home Interior and Exterior Finishes
Is the home move in ready?
Are there any upgrades or renovations that need to be done?
Is the home to your taste?

Searching for a home that includes the best of all three categories may prove difficult. It is important for home buyers to determine which two. ...

Monday, December 19, 2022   /   by Rebecca Wilson

WHAT BUYERS NEEDS TO KNOW

Buying a home can be a stressful process. This is exceptionally true for first-time home buyers. If you are in the market for a property, here is what you need to do before you start shopping...
Determine a Budget 
Knowing your budget involves more than just knowing how much you want to spend on a home, or on a mortgage payment. There are also additional costs and factors you may need to consider, such as:
Home Inspection Cost - when purchasing a home, you may want to have the home inspected prior to finalizing the sale. A home inspector can cost on average $300-$500, you will need to have these funds available.

Home Insurance - If you do not already own a home, then having a home insurance payment every month may be an additional cost you have not accounted for. 

Legal Costs - In order to close on your new home, you will require a lawyer to complete the transaction. Fees for a lawyer to perform this task can range from $900-$2000.
; ...

Monday, December 19, 2022   /   by Rebecca Wilson

YOUR HOME PREPARATION CHECKLIST

It can be hard to get where you are going without a map. Getting your home ready for sale is no different. 
Here is a quick checklist to tell you what home buyers have come to expect when looking at potential homes.
Keep in mind these are just suggestions. Every home is unique and may require different tips to get it looking its best. 
Before you get started, contact us! Our specialists can let you know exactly what you can do for your home to make it the most attractive to potential buyers. 
Don't do it all yourself, Book an appointment by clicking here: 
https://calendly.com/shaldunwilson
Inside Your Home
Floors

Hardwood/tile washed and swept


Carpets washed and vacuumed


Area rugs clean and appropriately placed

Walls and Ceilings

Holes, nicks or damage should be patched and painted


Walls clean and bright

Doors

Free of fingerprints or other marks and spots


Open and close properly


New hardware can help for a more up ...
The Wilson Realty Group | Keller Williams Edge Realty
3185 Harvester Rd Unit 1
Burlington, ON L7N 3N8
905-963-7355

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