This is the most common question that I get asked. You may fill out this
handy no obligation over the internet market
evaluation form and I will email you a market value for your home.
How long do you think it will take to sell my
home?
Every house is unique. I've had homes sell within hours of listing on
the market and sometimes it takes months to sell or sometimes never sell at
all. I believe there are three primary reasons why a home does not sell.
First is price. If the home is overpriced the qualified buyers may
never see it because it is priced out of their budget. Just be careful
of agents and the high price tactic.
The Second reason a home may not sell is lack of consistent promotion.
A home seller may think all we do is put an ad in the paper, put up a sign,
build a web site and the world will beat a path to their door. There
is much more to marketing, you can read about marketing
of your home in detail.
The third reason a home does not sell is timing Timing in life is
critical and in real estate "timing is everything". See market
fluctuations.
As a home seller you can control the price of your home and I will control
the marketing of your home. Unfortunately, neither of us can control the
timing. Read more details about how
long it should take to sell your home.
What do I need to do to make my home more saleable
and improve my sale price?
Should I Buy my next home before or after I sell
my current home?
Often I get asked this question - the answer is not simple. There are
two situations you probably want to avoid. The first is situation is if
that you find and buy your dream home before you've sold your current home,
you may be faced with carrying two mortgages for a while, this can get expensive.
The other situation is that you have an excellent purchaser for your
existing home before you've found your next home, thus, you may find yourself
living at your in-laws for a few months if convenient closing dates can not
be negotiated. As you can see, this can sometimes become a tricky situation.
Read the Solution on whether to sell first
or buy first
Should I buy a new builders home or a resale home?
This depends upon your desires, your budget, your time and many other factors.
Please read further about whether to buy a new or
resale home.
What are the positives and negatives to home ownership?
Buying a home means more than simply making a monthly mortgage payment. It
also means paying taxes, maintenance costs, and insurance premiums. If you buy
a condo, town house, or co-op, you're also taking on the added responsibility
of monthly assessments for maintenance of the commonly held property. If you're
a home owner, you shoulder the burden of home maintenance yourself. If the roof
leaks, you have to fix it. If the boiler breaks, you must replace it. There
is no landlord to call. Continue to read in detail the benefits and possible drawbacks to home ownership.
When is the Best Time to Sell Your Home?
Everyone seems to have specific ideas on when the right time is to sell.
Some base their theories on the overall economy, while others will tell you
that there are key buying months that you'll want to capitalize on. Usually
spring is the best time to sell your home, see the spring,
summer, fall and winter cycle.
When is the best time of year to purchase my
home?
The best time of year to make your purchase is dependant upon many factors,
including your personal situation, the local real estate market conditions and
the general state of the economy. My experience says that the best time
to purchase your home 'was yesterday' and I'm not kidding. You must get
into the market as soon as you can, mainly to begin reducing your mortgage rather
than paying your landlord which in turn increases your equity and allows you
to move up to a larger home within a few shorts years. This is one of
the secrets to real estate. You may see a very interesting and regular
pattern of price changes in the marketplace and this will give you an idea
of the market peaks and valleys during the year.
What is your commission rate and is it negotiable?
As you may know, commission rates in Mississauga and the GTA are negotiable
and the commission that I can charge is also negotiable. You will see
many advertisements that proclaim an almost unbelievably low rate and the truth
is that you must read the fine print in all of these advertisements to learn
the full and true commission rate. Generally speaking, many ads in Mississauga
proclaim 2.5%, but, what they are referring to is the selling broker's commission
only. Then you must add the listing brokers commission, which is generally
2.5% and thus you have a total of 5% commission. Please read a full explanation
about real estate commission in Mississauga
If you have any other questions or concerns that are not addressed on this
page, please feel free to
contact
me via email anytime
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Why Subscribe?You will receive valuable Real Estate information on a monthly basis - such as: where to find the 'best' mortgage interest rates, Power of Sale properties and graphs of current house price trends. Plus, you will pick up ideas, suggestions and excellent real estate advice when you sell or buy your next home. Read Past Newsletters before you decidePrivacy-Policy
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mark@mississauga4sale.com Copyright © A. Mark Argentino, P.Eng., Broker, RE/MAX Realty Specialists Inc., Brokerage, Mississauga, Ontario, Canada L5M 7A1 (905) 828-3434 First created - Tuesday, July 16th, 1996 at 3:48:41 PM -
