Essential Info for Sellers

real estate agent Thornhill - judi simms

Whether you’re listing your detached condo in Thornhill or are interested in purchasing a townhouse in Richmond Hill, the real estate market in the Greater Toronto Area is tough for everyone, according to a January, 2013 report by the Toronto Real Estate Board. With average housing prices nearing $500,000, it’s becoming tough to find buyers in a still depressed economy – which creates even more barriers to entry for first time buyers. In an environment like this, Richmond Hill-based realtor Judi Simms prides herself on building worthwhile relationships with buyers and sellers and strives to educate them on the laws, regulations, and market conditions that could play a role in buying or selling a home.

As a licensed real estate agent specializing in the Ontario market, Ms. Simms instills confidence in her clients because of her years of experience and thorough knowledge of the market place and trends affecting buyers and sellers. Here are some tips to follow when selling your home.

  • Make sure your home is priced correctly, based on a solid understanding of market research. As your realtor, Mr. Simms is responsible for an unbiased appraisal of your home, subtle improvements that could boost its curb appeal, and how your residence stacks up against a comparable home down the street that’s also for sale. All of these factors plus market research will help establish the sale price of your home and, if the listing isn’t generating enough buyer interest, then the sale price may be adjusted within 2-4 weeks of being listed.
  • Curb appeal – things like a well manicured lawn – are important in any housing market, but it’s important to pay attention what goes on inside your home, too. Once a potential buyer walks into your home, tobacco odors, peeling paint, or pet stains on carpeting or tile result in a poor first impression that is nearly impossible to recover from.
  • Let your realtor run the Open House, and make certain prospective buyers have “room to breathe.” This means that if you are present while your home is being shown, don’t follow the other realtor and his or her client around the house. If there are questions, they will be posed to your realtor who will then talk to you about the right answers.
  • Work with your realtor to understand your rights and contractual obligations. A contract to sell a home, whether located in Richmond Hill or Oak Ridges, is a legally binding document that gives buyer and seller certain protections depending where the transaction takes place.
  • Make sure you can terminate your selling agreement with your realtor at any time. While Ms. Simms’ goal is to sell your home for the highest price possible, in a challenging real estate market a sale may not happen as fast as everyone would like. For this reason, she will never present a listing agreement that doesn’t provide an “out clause” – a means by which the seller can terminate the agreement quickly and, preferably, in writing.
  • Be open to the potential for new marketing opportunities for your home; especially email blasts, Twitter, or other Social Media campaigns.
  • Don’t be afraid to ask for a marketing plan.

Ultimately, selling your home depends on numerous factors and one of the most important is choosing the right agent. Judi Simms has been an established realtor in Ontario for several years, is knowledgeable, and has exceptional marketing and communication skills – attributes that are critical to selling your home quickly, and at the price you were hoping for when your house was first listed.