Toronto Real Estate Board President Larry Cerqua talks National Real Estate Day with Breakfast Television on May 12, at 6:20 a.m. Each year, National Real Estate Day is celebrated on May 17, and is marked as a day for homeowners to commemorate achieving the Canadian dream of home ownership.
A hot market is a "sellerís market". During a sellerís market, properties can sell within a few days of being listed and there are often multiple offers. Sometimes homes even sell above the asking price. Though most buyers want to get a "deal" on a home, reducing your offer by even a few thousand dollars could mean that someone else will get the home you desire.
There are many television shows today that focus on home staging. If you have not watched any, do yourself a favor and tune in. They all say the same thing: do not even consider putting your house on the market until you have taken a close look at its condition. Experienced sales people know that you only have one shot at impressing potential buyers, so take some time to prepare your home for showings. You will be rewarded with a faster sale and a higher offer.
Whether buying or selling a home, one activity will be part of the process in all cases and for all involved. Letís look at the offer to purchase contract and negotiation process from both sides