4. Determine your home's asking price
There will be various people who will be interested to buy your home. The right selling price will draw awareness and get you greatest profit. With the help of Royal Lepage Flower City Realty Inc. , you can set a reasonable market value on your home to get the most out of interested buyers.
Don't your cost too low or too high
• Setting too low a price means you could miss out on thousands of dollars that some buyer would have paid.
• Setting too high a price can scare away willing buyers and leave your home on the market for too long and after sometime when you lower the price, people may assume you are under pressure to sell, and lower their offers even further.
Royal Lepage Flower City Realty Inc. know the common reasons affecting your market
May be larger families are moving into your neighbourhood. That makes homes with three plus bedrooms and large yards more appealing. Perhaps a large employer is opening a plant nearby, which will increase demand for housing in general. How are interest rates disturbing people's willingness to take out big credits?
Royal Lepage Flower City Realty Inc. can calculate your home's value within your market
Using the extensive background information available with us through a real estate Board's MLS® System, we can compare your home to a collection of similar homes that have recently been sold in your area. No two homes are the same, but we are very good at adjusting their calculations according to the differences.
Always remember, first impressions really matter
It's nearly impossible to change the opening outbreak of interest and activity a new listing will generate. REALTORS® in your area will want to see your home right away and tell their buyers all about it. Be sure you're priced and poised to capitalize on this first wave of excitement.
5. Sign a listing agreement
Signing the listing agreement formally gives Flower City realty Inc. the green light to start selling your home.
This agreement served three purposes:
• It defines our relationship, including our limits of authority.
• It provides detailed information about your home which can be placed on a real estate Board's MLS System to help probable buyers find you.
• It forms the basis for drafting offers on your home.
Highlights of the Listing Agreement
This describes the legal relationship between you and Flower City realty Inc., and sets a time limit for us to sell your home.
• Exclusive or Multiple Listing Service®?
"Exclusive Listing" means that only we can find a buyer for your home but Flower City realty Inc. generally recommend a "Multiple Listing", which allows to put your home on a real estate Board's MLS® System - a great tool to market your home and help find a buyer.
You have the final say over this magic number, but Flower City realty Inc. can have useful advice on what price will attract buyers.
• Real estate commission
This may be a flat fee or a percentage of the final sale price. The compensation is agreed upon between you and Flower City realty Inc.
• A physical description of your property
Flower City realty Inc. will list the lot size, your home's age, the style of building, number and size of the rooms, and any exceptional selling features such as "backs onto ravine" or "wonderful kitchen renovation" etc.
• Legal information
This includes the lot number, land surveys and the zoning code.
• Financial information
Let people know the numbers like the minimum deposit you require or if you have a low-interest rate credit that can be assumed.
• Completion date
This will allow everybody know how long you need to move out once your home is sold. 60 or 90 days is typical, but if you can be flexible this may help sell your home faster.
• How the home will be shown
Flower City realty Inc. can make the arrangements for viewing appointments. Any specific instructions, such as "make sure the cat stays in" can also be noted.
• What exactly is included in the price? Belongings and fittings
Belongings are transferable items like washers and dryers, microwaves and window blinds. They're not automatically included in the sale, but sellers will often include them to sweeten the deal.
Fixtures are everlasting developments to a property like central air conditioning, installed lighting and wall-to-wall carpeting. Fixtures are understood to be included in the sale of the home unless you note otherwise. Maybe the dining room chandelier is family heirloom that you wish to take with you. The line between chattel and fixture can get unclear, so let us know about every item