When selling or buying a condo and other real estate investment, the key element to realize is its price. Real estate properties and investments valuation are not as straightforward as pegging its purchase price. There are several factors that contribute to the proper pricing of a condo or a house. The variations of factors specific to a property make it difficult to come up with the correct price point that is not too low or too high for its market value. We want to buy or sell properties based on what we perceive its worth, most specifically what we’ve ...
Factors that Determine the Value of your Condo
September 19, 2018
5 Tips on How to Prepare for a Successful Condo Showing
September 4, 2018
Showing is an essential step in selling a condo. This will let buyers see the property and assess its condition. A lot of buyers make their buying decisions while inside the home for sale. A good showing should help buyers decide towards making the purchase. This is also tricky because buyers rarely allow a second chance after their first impression. Preparation is key. Here five steps on how to prepare for a successful condo showing: Clean and Declutter Start preparing for the showing by cleaning your condo. A thorough clean-up is necessary. Scrub the floors, wash the bathroom, change ...
Top 7 Condo Sellers’ Mistakes you can Avoid
August 7, 2018
Selling a home can be emotionally draining and tough. The problem is magnified when selling the condo itself is hard. Some factors or mistakes can make a condo hard to sell. Here are some mistakes to avoid if you want your condo to sell fast and for the best price; Listing without preparing to sell – Sellers should never skip the preparation step in selling a condo. Clean, declutter, repair and depersonalise your home before listing. Buyers are wary of the ‘as is, where is’ in the listing. It connotes issues regarding the property’s condition or documentation, hence they ...
Home Financing Guide: A Primer
July 9, 2018
Buying a condo, a house or other types of real estate properties are unlike any other purchase. It requires a lot of paperwork and legalities. And because of the sale price involved, buying a home is also financially challenging and confusing. Here are some of the most common financial terms and phrases relevant to buying a condo or a house in Toronto. Getting Pre-Approved. Getting pre-approved is not a requirement but is a significant component to buying a condo or a house in Toronto. Getting pre-approved means your financial standing has been reviewed and approved eligible for real ...
12 Interview Questions to Ask a Selling Agent
June 18, 2018
Choosing the right real estate agent to list your condo to sell is vital to its success. As a seller, success translates to a quick sale for top dollar. This also means a selling smooth process with the least headache. While it is an agent’s job to strategize a quick and seamless transaction for the best price, it is your job to choose the right condo agent to do that. Here are twelve important questions you need to ask while interviewing the listing condo realtor; How long have you been a condo real estate agent? A realtor’s efficacy will ...
8 Tips to Help your Condo Sell Fast
June 11, 2018
The keys to selling your condo fast are preparation and presentation. Condo buyers are always on the lookout for new listings. The longer your home stays on the market, the slimmer its chances of getting an offer. As a seller, you should aim to catch their attention and make them interested enough to see your home. And when they come visiting, you should be able to present your home at its best. Here are some tips that will ensure your condo a quick sale; Clean up – Start preparing your home with a general clean up. Wash curtains and ...
Toronto’s Housing Market
June 7, 2018
Previous data from Toronto Real Estate Board (TREB) shows a decline in home sales, the lowest it has been in 15 years. While the housing market as a whole seems stable, Toronto has borne the brunt of low number of sales and home values this April compared to the same period in 2017. The hectic spring season brings in a lot of buyers as the market recovers from the slower winter months. However, this is not the case with the GTA which has recorded close to 8000 sales, a 32% decline from the 11470 units sold in the same ...
Toronto’s Housing Market This Spring
May 17, 2018
Spring is always the season that sees a booming rise in home sales after slow sales in winter. However this year things are different in Toronto. The home sales have been going down since January, but experts are optimistic that the market will rebound back this spring. Home sales dropped by a staggering 35% from last year, with prices falling by 14%. Although the year-on-year comparisons have seen a drop, month-on-month comparisons tell a different story. There has been a steady increase in the housing market. The listings have been increasing, and there has been steady growth in demand and ...
Top 10 Features that Sell Condominiums
April 23, 2018
How you position and promote your condo apartment will reflect how it will go – a quick sale or a languishing listing in the market. To improve your chances of selling your condo faster, it is important to note what the buyers are looking for, so you can highlight the same features in your listing. It will not give much benefit promoting features that nobody wants while burying those that are attractive to buyers. City Views – Amazing city views are premium condo selling feature. Living high and enjoying the views are among the top perks of the condominium ...
14 Easy and Effective Condo Staging Strategies
March 19, 2018
Selling a condo is not easy, especially when there’s a bunch of similar properties available in the market. But, you can trump the competition with a little help from the experts – an experienced condo real estate agent and a professional condo stager. While you can’t go around not having a realtor, here are some easy and effective staging strategies that can help you sell your condo fast; Depersonalise – Time to take down portraits, family pictures, your children’s school medal collection and your personal collection of dolls, records and whatnot. Replace them with artsy pictures, artworks or classy ...