The #1 Ingredient Needed To Sell Your Home Quickly

There’s a long list of ingredients needed to sell your home quickly. Obviously, you want to make your home as clean and uncluttered as possible. You should also make sure any outstanding repairs are done. And, of course, all the little things you can do to make your home “show” well are important, too.

But the number one ingredient needed to sell your home quickly is the right price tag. If you set the price of your home just right, buyers will come to see it, and there’s a good chance you’ll get some good offers. If you price your home too high, however, few buyers will take an interest in your property and it might languish on the market for months. Worse, it might not sell at all.

So how do you determine the right price at which to list your home?

One of the best ways is to do an analysis of what similar properties in your area have sold for recently. What people are actually paying for homes like yours — in communities like yours — is the best indicator of the true market value of your home.

Looking for a good REALTOR®?

Call Marina 416-843-1515 today.

Your Real Estate Connection:
Marina Gavrylyuk
Real Estate Agent with Sutton Group Summit Realty
www.MarinaG.ca
Marina.Realtor
RentListingService.com – Condos and Houses for rent
CondoName.com – New and Resale Condos and Towns from Developers

Reposted from: http://www.marina.realtor/ixact-the-1-ingredient-needed-to-sell-your-home-quickly/

Marina Gavrylyuk
Sales Representative
Sutton Group-Summit Realty Inc. Brokerage
1100 Burnhamthorpe Road West #27
Mississauga, Ontario, L5C 4G4

Cell: 416-843-1515 Tel.: 905-897-9555
Email: Marina@MarinaG.ca
Web: www.MarinaG.ca
Marina.Realtor

Understanding Market Value

If you were going to sell your car, what would you do? Well, you would probably check to find out how similar vehicles to yours are priced. Then you would set your advertised price within that range.

What you would be doing, perhaps without knowing it, is determining the “market value” of your car.

Market value is simply what buyers today are willing to pay for a particular product.

When you decide to put your house up for sale, one of the first things you and your REALTOR® will do is determine the market value of your property. That’s important to know because if you price your home too much above its market value, you probably won’t get any offers. Alternatively, if you price your property too low, it might get snapped up quickly but you’ll have left a lot of money on the table.

How does a REALTOR® help you determine your home’s current market value?

He or she will look at a variety of factors, such as the desirability of the neighbourhood, the features of your home, how well it has been maintained, renovations and other improvements you’ve made, and of course, its location.

Your REALTOR® will also review what similar homes in your area have sold for recently – which is, perhaps, the strongest indicator of current market value.

Once you know the market value of your home, you can make an informed decision as to how to price it so that it will attract the right type of buyers and the best possible price.

Should you price your home high above its market value in the hopes that some unwary buyer will purchase it? Unfortunately, that rarely works.

The good news is, your property may be worth more than you think. One of the best ways to find out is to invite a good REALTOR® to your home to do an assessment.

Looking for a good REALTOR®?

Call Marina 416-843-1515 today.

Your Real Estate Connection:
Marina Gavrylyuk
Real Estate Agent with Sutton Group Summit Realty
www.MarinaG.ca
Marina.Realtor
RentListingService.com – Condos and Houses for rent
CondoName.com – New and Resale Condos and Towns from Developers

Marina Gavrylyuk
Sales Representative
Sutton Group-Summit Realty Inc. Brokerage
1100 Burnhamthorpe Road West #27
Mississauga, Ontario, L5C 4G4

Cell: 416-843-1515 Tel.: 905-897-9555
Email: Marina@MarinaG.ca
Web: www.MarinaG.ca
Marina.Realtor

Home Renovations That Pay Off

There are two main reasons why homeowners invest in a home renovation or major redecorating project: They want to enjoy the results of the new kitchen, bathroom, flooring or other improvement they’ve made; and/or, they hope that the money they spend will come back to them – at least in part – when they sell their home.

So which projects are most likely to increase the resale value of a home? A story by Joanne Cleaver, featured on MoneyWatch.com last year, identified five renovation projects that give you the most bang for your renovation buck.

Floors. Old, scuffed or dated flooring tends to get noticed by home buyers, regardless of how well the rest of the room is decorated. New flooring — especially stone, ceramic tile and hardwood – can make any room look larger and more inviting.

Kitchen. When it comes to selling your home, the kitchen is one of the most important rooms. The more modern, new and spacious it looks, the faster your home will tend to sell. That’s why you can expect a pay back of up to 80% of the cost of a kitchen renovation.

Bathrooms. Who isn’t impressed by a new and gleaming bathroom with a big shower, modern faucets and other attractive décor? That’s why hotels spend so much time and money making their bathrooms look great. According to the Cleaver article, homeowners tend to get a pay back of up to 75% of the cost of a bathroom upgrade.

Closets. Any improvement that makes a closet look roomy and organized tends to result in a pay back of most of its cost. Even something as simple as installing a good closet organizer can have a dramatic effect.

Energy-saving upgrades. In this age of increasing energy costs and environmental concerns, home buyers are drawn to such features as energy-saving windows, lighting, thermostats and more.

Keep in mind that home improvements don’t just have an impact on the selling price of your home, they also help to sell your home faster.

For more information, call 416-843-1515 Marina today.

Your Real Estate Connection:
Marina Gavrylyuk
Real Estate Agent with Sutton Group Summit Realty
www.MarinaG.ca
Marina.Realtor
RentListingService.com – Condos and Houses for rent
CondoName.com – New and Resale Condos and Towns from Developers

Marina Gavrylyuk
Sales Representative
Sutton Group-Summit Realty Inc. Brokerage
1100 Burnhamthorpe Road West #27
Mississauga, Ontario, L5C 4G4

Cell: 416-843-1515 Tel.: 905-897-9555
Email: Marina@MarinaG.ca
Web: www.MarinaG.ca
Marina.Realtor

Get It In Writing

As you tour a potential new home, you notice that the carpeting in the living room is stained. “Don’t worry about that,” says the homeowner, who senses your disapproval. “We’re going to get the carpeting professionally cleaned before we move.”

Should you take their word for it?

Regardless of how honest a seller may seem, never rely on a verbal promise.

Will they move that abandoned car in the back yard? Will they fix the crack in the front steps? Is that expensive-looking ceiling fan included with the house?

Don’t assume. Get it written into the offer.

Your Real Estate Connection:
Marina Gavrylyuk
Real Estate Agent with Sutton Group Summit Realty
www.MarinaG.ca
Marina.Realtor
RentListingService.com – Condos and Houses for rent
CondoName.com – New and Resale Condos and Towns from Developers

Reposted from: http://www.marina.realtor/ixact-get-it-in-writing/

Marina Gavrylyuk
Sales Representative
Sutton Group-Summit Realty Inc. Brokerage
1100 Burnhamthorpe Road West #27
Mississauga, Ontario, L5C 4G4

Cell: 416-843-1515 Tel.: 905-897-9555
Email: Marina@MarinaG.ca
Web: www.MarinaG.ca
Marina.Realtor

How To Handle Offers

You obviously have experience purchasing a home. But you may not have had an opportunity, yet, to be on the other side of the transaction: putting your house on the market and entertaining offers.

Offers, in particular, can intimidate first time sellers (even those who have bought and sold a few times). After all, the stakes are high. If you don’t accept the offer, deciding to counter-offer instead, the buyer may lose interest. If you take the offer, you may do so at a lower price than you could have otherwise negotiated.

Let your REALTOR® help you steer clear of both those dangers.

An offer is typically presented by the buyer’s REALTOR®, who will give you the proposed price. He or she will also explain any conditions, such as “conditional on a satisfactory home inspection”. Regardless of the conditions, always ask if the buyer has arranged for a pre-approved mortgage.

Now comes the tricky part. Do you accept the offer, reject it, or counter-offer? As your REALTOR® we can work together to ensure you make the right move. Ultimately, your goal is to sell your house for a price that is comparable to what similar homes in the area have sold for recently.

Your Real Estate Connection:
Marina Gavrylyuk
Real Estate Agent with Sutton Group Summit Realty
www.MarinaG.ca
Marina.Realtor
RentListingService.com – Condos and Houses for rent
CondoName.com – New and Resale Condos and Towns from Developers

Marina Gavrylyuk
Sales Representative
Sutton Group-Summit Realty Inc. Brokerage
1100 Burnhamthorpe Road West #27
Mississauga, Ontario, L5C 4G4

Cell: 416-843-1515 Tel.: 905-897-9555
Email: Marina@MarinaG.ca
Web: www.MarinaG.ca
Marina.Realtor

Should You List Your Home for a High Price?

If you plan on putting your property on the market, it can be tempting to list it for a very high price in the hope that some buyer will say “yes”. But that rarely happens.

In fact, it is more likely that your property will sit on the market for a long time with no takers, and home buyers and their agents will quickly lose interest in even seeing it.

The fastest way to sell your property for the highest price possible is by listing it as close to its fair market value as possible. That’s the price similar homes in your area have sold for recently.

The good news is that the fair market value of your home may be higher than you think. So if you’re considering making a move within the next few months, ask a good Realtor® to drop by and do an informal appraisal. That will give you a clearer idea of what your property will sell for in today’s market. For more information – call Marina 416-843-1515.

Your Real Estate Connection:
Marina Gavrylyuk
Real Estate Agent with Sutton Group Summit Realty
www.MarinaG.ca
Marina.Realtor
RentListingService.com – Condos and Houses for rent
CondoName.com – New and Resale Condos and Towns from Developers

Reposted from: http://www.marina.realtor/ixact-should-you-list-your-home-for-a-high-price/

Marina Gavrylyuk
Sales Representative
Sutton Group-Summit Realty Inc. Brokerage
1100 Burnhamthorpe Road West #27
Mississauga, Ontario, L5C 4G4

Cell: 416-843-1515 Tel.: 905-897-9555
Email: Marina@MarinaG.ca
Web: www.MarinaG.ca
Marina.Realtor

Under What Conditions Should You Accept a Conditional Offer?

Ideally, you want a firm offer for your home. That means the buyer offers you a certain price, and you can either accept or reject it.

Sometimes, however, a buyer will make a conditional offer. For example, you may be offered your full asking price — but only on the condition that the buyer can sell their current home or secure appropriate financing within a specified period of time.

Should you accept a conditional offer, despite the risk that it may “fall through”?

There’s no easy answer. That’s why you should discuss these types of offers with your real estate agent in advance. A good REALTOR® will help you determine the conditions under which you should accept a conditional offer. Call 416-843-1515 today.

Your Real Estate Connection:
Marina Gavrylyuk
Real Estate Agent with Sutton Group Summit Realty
www.MarinaG.ca
Marina.Realtor
RentListingService.com – Condos and Houses for rent
CondoName.com – New and Resale Condos and Towns from Developers

Marina Gavrylyuk
Sales Representative
Sutton Group-Summit Realty Inc. Brokerage
1100 Burnhamthorpe Road West #27
Mississauga, Ontario, L5C 4G4

Cell: 416-843-1515 Tel.: 905-897-9555
Email: Marina@MarinaG.ca
Web: www.MarinaG.ca
Marina.Realtor

Your Home and Maslow’s Hierarchy of Needs

    Did it ever occur to you why home takes such an important part in your life?

If you just think about it for a minute, "Home" covers every level of Maslow's hierarchy of human needs, either directly or indirectly

I will start right from the bottom:
    1. Physiological needs – basic need for health, food, sleep – needless to say that major part of this need is fulfilled at home. We always associate home with good food. Where else, but home can you sleep like a baby? A for health, you probably heard of people after accidents, surgeries, difficult health conditions recover with amazing speed as soon as they get home. We have a Russian proverb, stating: "At home even walls are healing!"

    2. Safety – my home is my castle! What would protect you better then your own house? When you go through that period of life when success is not quite smiling at you, and everything around seems to be evil and cruel – you just get home, hide for a bit, recover and come out as a brand new self.

    3. Belonging – Home Sweet Home! Place where you belong and place that belongs to you. Place where all your loved ones are, symbol of stability, strong family, motherhood. Place where someone is waiting for you, where you are loved and needed.

    4. Esteem – remember how you started with that rental room in the basement, then the excitement of moving into a bachelor apartment, the joy of getting your first own home – townhouse or a tiny bungalow? I don't really know what stage you are at right now, but I am positive you are looking for something bigger and better!

    5. Self-actualization – do you play piano? do you do arts and crafts? are you proud of those roses, best in the neighborhood, growing on YOUR front yard? This is achievement of your unique potential. And where is all this happening? Right, your HOME!

10 Reasons Why You Need a Realtor to Buy a House

Could you go ahead and buy a house all on your own, without hiring a Realtor? – Sure thing you can! There are tons of “How to” articles in the internet and “How to” videos on Youtube.
Can you do your own eye-surgery? – Sure thing! All of the above applies.
But is it worth all the time and aggravation? Lets see…

1. Licensing process – to trade Real Estate you need a license. You also need to be a member of provincial and regional boards and associations. This means pre-qualification – to get through the process you have to be worth your license.

2. Police Record Check – yes, you have to have clear Criminal Record to get your license. Would this make you feel safer – it sure would, you need to know who is accompanying you to showings or driving you around the town.

3. Education – yes, your Realtor had to take a bunch of courses, followed by a bunch of tests and exams, to learn everything from how to determine that the house was used for grow operations to how to word your offer to get you the best result possible.

4. Insurance – shall things go sideways, all you have is your paycheck or credit card your Realtor has Error and Omissions insurance.

5. Access to information – yes, there is tons of helpful info on Realtor.ca, but this is not all you might need to know to make the right decision. Your Realtor will have other sources of information and will warn you on time shall there be smth that might potentially harm your interests.

6. Connection to other professionals – there is a whole lot of people you need before you close – lawyer, mortgage broker, home inspector, etc – your Realtor will gladly provide you with lists to choose from

7. Viewing properties – many sellers won’t even let you in to see the house if you are not accompanied by a Realtor. Realtor is their guarantee for the house safety

8. Walking you through the process – there are always those moments, like the one in “Finding Nemo” – Now what? Your Realtor will be there to answer.

9. Power of Negotiation – power and art, not all human beings can boast of having the gift of persuasion, a gut feeling telling you where to push more and where to stop.

10. Your Agent – Your Bond – Your James Bond, person empowered to act in your best interest, dedicating his time, expertise and experience to ensure your satisfaction.