Archive for the ‘Sellers’ Category

The Cambridge Market Snapshot compares September 2014 to September 2013 Real Estate activity for Cambridge Ontario and also a five year comparison on the number of homes listed and sold and average price of list and average price of sold. All information refers only to single detached homes for the five listed area.

Cambridge Market Snapshot

 

Now is a good time to sell your home. Start now with a FREE HOME EVALUATION!

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Clean Home

It simply makes sense to clean up both the interior and exterior of your home before listing it for sale. But that doesn’t mean you have to undertake major home renovation projects in order to sell your home. With a little effort you can increase the perceived value of your home by a great margin.
Here are some simple things to keep in mind that you can do to increase the perceived value of your home and make the perfect first impression.
Exterior of Home

  • Keep lawns cut
  • Trim hedges and bushes
  • Weed and edge gardens
  • Clear driveway and clean stains
  • Clean out garage
  • Power wash home exterior
  • Touch up paint
  • Plant colorful flowers

 

At The Front Door

  • Clean porch and foyer
  • Ensure doorbell works
  • Repair any broken screens
  • Fresh paint or varnish front door
  • Repair any damages to the door and/or locks

 

Setting the Right Mood

  • Make sure your home smells fresh and clean
  • Turn on lights
  • Turn on air conditioner/heater
  • Open the drapes
  • Light the fireplace

 

Maximize Open Space

  • Clear halls and stairs of clutter
  • Clear kitchen counter and stove top
  • Clear closets of unnecessary items
  • Remove empty boxes and storage
  • Put away personal photos so buyers can envision the house as theirs

 

Maintenance

  • Repair leaking taps and toilets
  • Clean furnace and filters
  • Tighten door knobs and latches
  • Repair cracked plaster
  • Apply fresh coat of paint or touch up where necessary
  • Clean and repair windows
  • Repair seals around tubs and basins
  • Replace defective light bulbs
  • Oil squeaking doors
  • Repair squeaking floor boards

 

Squeaky Clean

  • Clean and freshen bathrooms
  • Clean fridge and stove
  • Clean around heating vents
  • Clean washer and dryer
  • Clean carpets, drapes and window blinds
  • Eliminate pet odors and stains

 

 

Find Your Dream Home with our Help!

Summer came and left just like that! August market was slower for the Cambridge area but September is starting out like a lion. We’ll have to wait and see  how it all unfurl.

Here are the results for August:

Cambridge Market Barometer for  August

 

Dream Homes still available! Right Here!

A little late bringing this out this month but with vacations and BBQ and all the summer fun and frolic we figured most of you are at the cottage or away visiting anyhow. If you are thinking of selling your home before the end of the year now is a good time to get started. Find out what your home is worth HERE!

Cambridge Market Snapshot July 2014

 

This is not the place to find a Realtor!

This is not the place to find a Realtor!

We always encourage Sellers to do their homework when hiring an agent and many do but there are those who just can’t seem to grasp the idea that the agent’s fiduciary duty is to represent the Seller and not himself. With increasing home prices in the KW region some have used  “Pocket Listing” as a mean to sell homes. This is an american term which Wikipedia explains as a property where a broker holds a signed listing agreement (or contract) with the seller, whether that be an “Exclusive Right to Sell” or “Exclusive Agency” agreement or contract, but where it is never advertised nor entered into a multiple listing system (MLS), or where advertising is limited for an agreed-upon period of time.

A ‘pocket listing’ gives that agent exclusive rights to sell the home and does not expose it to multiple buyers other than his own. This really raises questions about the value and role of the Realtor who cuts off the exposure to the MLS system. The promises by an agent that the sellers home will be sold right away is misleading and unscrupulous in the sense that the home might sell right away but will the sellers interest be looked after.

Even though a seller might be getting full asking price as established by the listing agreement he might not be given fair exposure to other buyers who would be willing to pay more. So on one hand the seller might look at that agent and think that he did well because he listed and sold his property and didn’t have to split the commission with another broker, and he got full price for it. But did he give himself the best exposure to get the best price?

The best way to get the highest price and best value for a property is with market exposure.

In the state it has been proven that pocket listed homes sold for less than those which had MLS exposure – in some cases significantly less.

The pocket listings are introduced to a small group – like members of a team – and kept hush, hush until a buyer is found. This could be a limited time agreement (2 weeks) where the agent has to find a buyer from his list of contacts. The marketing restrictions to such a small group poses the questions of discrimination and anti-trust that can emerge. This could become a price fixing arrangement which is violation of antitrust laws, subjecting all participants to potential liability.

Pocket listings can have undeniable attractions but sellers should beware of agents who offer them for their own gain and not for the sellers best interests.

Get a FREE Home Evaluation!

Find Your Dream Home!

Landscaping to Sell Your Home

 

You hear it all the time “Curb Appeal”. Your home must have “Curb Appeal” if you want to sell. Where do you even start? Can I suggest across the road. Yes, you read it right. Stand across the road from your home and look at it. That will be your first observation. Now look at it from a buyer’s point of view. Does it look fresh and inviting? Or is it looking old and tired without too much attraction to make you want to see the inside? Next take a look around at your neighbours homes. Would a buyer want to look at their home instead of  yours?

Now you have an idea of what is an eye sore and where you could improve. If you have budgeted for a professional landscaper that’s great as they can help you to make the right choices but if your budget is limited you can still come up with some serious landscape gems that will give your home the lift it needs.

Start with the trees as these take longer to mature. If you have a newer home with little landscaping done it’s probably easier as you can purchase the correct tree and place them at the right place. Too many people crowd the trees close to the home which might look good when the tree is young but in 5 to 10 years from now you could have a major root issue in your foundation or plumbing. Do your homework either online or visit your local nursery and ask the questions. You might even want to draw a rough plan of your home and property pointing out where the sun rises and sets so they will get a better idea as to what would grow best. If you have older trees on your property check to see that are healthy with no dead branches. Trees are not meant to grow in the fences so if you have old, old trees that infringe on any part of your home, you might want to consider getting them removed. A mature tree can have an appraised value between $1,000 and $10,000. Do use a professional for this and especially for large tall trees. The last thing you want is a branch of your tree in your neighbour’s roof.  It’s ok to replace an old tree with a younger one. The same would apply to the bushes. If the thing is 40 years old and shabby looking then get rid of it. Sometimes we see bushes that have overtaken the front stairs because they are so old and have not been trimmed properly.

Another landscaping issue would be the driveway. Whatever the paving material make sure that it looks clean and if there’s any cracks or grass growing in between the stone or cement get that cleaned up.

Next would be the grass. It should go without saying that it should be nicely trimmed but not too short especially in the summer as it will dry up and burn. With the water restrictions imposed by most cities you want to make sure that the grass is long enough to retain some moisture therefore staying green longer. If weeds are an issue check online for homemade people and pet friendly solutions which are very effective or get the help of a lawn specialist. Trimming around the edges of the lawn and walkways can seem like a tedious job but the visual impact is powerful. All that is required is a bit of stamina and endurance to do the work.

Finally, choose your smaller plantings carefully. You know that less is always best.  Again check on-line or with your nursery professional for ideas and groupings that will give new life to the house. Depending on the exposure you could have an area with perennial and another with a few seasonal for a splash of colour. Keep the elves and the gnomes out of the front garden (and the back for that matter) until  your house is sold. You might like them but most buyers do not.

So now you might be asking why you should spend so much time or any money on landscaping? Here it is: Landscaping can add as much as 14%  (you do the math) to your home’s resale value and sell faster too.  Properly placed trees and plants can also lower your home heating and cooling costs by as much as 20%.  Those are pretty good reasons, I would say, to consider landscaping a key issue to the sale of a home.

If you would like an objective opinion value of your home and some landscaping pointers give me a call.

If you are still looking for that “Dream Home” to landscape, sign up to get direct access to homes as soon as they go on the market. Visit www.BestBuyHomeFinder.com

 

cleaning

Simple Home Improvements that will help you clean up for whatever the occasion

It simply makes sense to clean up both the interior and exterior of your home before listing it for sale or before a big event-like a daughter’s back yard wedding. But that doesn’t mean you have to undertake major home renovation projects. With a little effort you can increase the perceived value and aesthetic of your home by a great margin.
Here are some simple things to keep in mind that you can do to increase the perceived value of your home and make the perfect first impression for your guests. You could call it Cleaning 101.

Exterior of Home

Keep lawns cut

Trim hedges and bushes

Weed and edge gardens

Clear driveway and clean stains

Clean out garage

Power wash home exterior

Touch up paint

Plant colorful flowers

 

At The Front Door

Clean porch and foyer

Ensure doorbell works

Repair any broken screens

Fresh paint or varnish front door

Repair any damages to the door and/or locks

 

Setting the Right Mood

Make sure your home smells fresh and clean

Turn on lights

Turn on air conditioner/heater

Open the drapes

Light the fireplace

 

Maximize Open Space

Clear halls and stairs of clutter

Clear kitchen counter and stove top

Clear closets of unnecessary items

Remove empty boxes and storage

Put away personal photos so buyers can envision the house as theirs

 

Maintenance

Repair leaking taps and toilets

Clean furnace and filters

Tighten door knobs and latches

Repair cracked plaster

Apply fresh coat of paint or touch up where necessary

Clean and repair windows

Repair seals around tubs and basins

Replace defective light bulbs

Oil squeaking doors

Repair squeaking floor boards

 

Squeaky Clean

Clean and freshen bathrooms

Clean fridge and stove

Clean around heating vents

Clean washer and dryer

Clean carpets, drapes and window blinds

Eliminate pet odors and stains