Smart Consumer Magazine - Issue V-5535

 

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Take Advantage of the Sellers’ Market

Fortunately for anyone thinking of selling their home, we are in the midst of a sellers’ real estate market, which means there are more buyers than there are properties for sale. Buyers take advantage of the warm weather in spring to check listings and look for a new home. Therefore, between the sellers’ market and the time of year, right now is a great time to sell your property.

Finding the best real estate agent is the first step in selling your home. You need someone who knows your neighbourhood, who can suggest ways of increasing the value of your home and who can promote your home’s location.

It is important for your real estate agent to get your property listing onto the Multiple Listing Service (MLS) as soon as possible. MLS has all listings for sale in Toronto. While it is not difficult to find a buyer in a sellers’ market, timing can be crucial in finding a more motivated buyer and getting the greatest value for your real estate.

Increasingly, home buyers are using the internet to search for property listings. The MLS website is a popular place to see homes listed for sale in Toronto. However, on the MLS website, your home is listed much of the same way other listings are; there’s no way to make it stand out from the rest. Your real estate agent needs to promote your property listing outside of MLS. Advertising through other websites and in print attracts more buyers, setting up possible multiple offer situations.

First impressions make a big difference in how quickly your home will sell. Many buyers make a decision about whether or not to place an offer in mere minutes after seeing your home. To obtain the greatest value, it is important that you do everything you can to increase your home’s curb appeal. Your real estate agent will be able to assess your property and provide recommendations to make it more appealing to prospective buyers.




 

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