If you’re thinking about selling real estate, you’ll probably have questions.
Here are some of the common questions I get asked by my clients that are ready to sell.
Toronto is currently considered to be a seller’s market, which means that, for the most part, anytime is a good time to consider selling your home. With the right marketing, exposure, and plan for selling your home, you can expect to get top dollar for your home. The Spring and the Fall seasons are typically when the real estate market in Toronto starts to pick up, so depending on your situation, it could make sense to sell when it’s busier (there will be more competing houses for sale, so you might get less for your home) instead of when it’s less busy (there will be less competition houses for sale, so you might get more for your home). I can help you make a decision that works best for you. For more information about selling in Toronto, click here.
There are a lot of factors to determine what your home is worth, like the time of the year, the demand, what your neighbours sold and bought for, etc. The best place to start is to get a Comparative Market Analysis (otherwise known as a CMA) done by a professional real estate agent. If you want to know how much your home is worth, and you’re interested in getting a comprehensive CMA done, click here to get started.
If you’re looking for a real estate agent to work with to sell your home, I always suggest you interview a few to make sure you get one that is a good fit or you and your situation. When you’re interviewing real estate agents, here are 5 questions that you’ll want to ask to make sure you’re working with an experienced, real estate professional.
Once you get an offer, there are a few things you can do: you can refuse it, you can counter it, or you can accept it as is. Together, we’d review the details of the offer to make to ensure you get the best possible offer for you home.
In short, no. Once the offer is accepted, you can still try to make a few minor changes to it, like requesting a different closing date, but the buyer has the right to refuse it, and sometimes they do. Once the offer is accepted, the deposit has been delivered by the buyer, and the conditions are waived, then your home is now sold firm, and the offer and contract are legally binding.