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Displaying blog entries 31-34 of 34

"Claire, How's the Market?" March Sales #'s are Out!

by Claire Franceschetti

 

The experts are predicting an average home price climb over $500K this year. We're not there yet, but I see month over month price increases, that would indicate that we're on our way!

Here's a video overview of the GTA's real estate market. Enjoy, and give me a call any thime to discuss your real estate needs.

 

You're Ready to Sell. But is Your Home Ready?

by Claire Franceschetti

It’s always a good idea to spruce up the exterior and interior of your home before listing it for sale. But that doesn’t mean you have to undertake major and/or expensive project.

Just a little effort will greatly increase the perceived value of your home. After all, if you wanted to undertake a large-scale project, you probably wouldn’t be selling!

Here are some simple steps you can take to increase the perceived value of your home and make a great first impression.

 

Exterior Appearance

  • Keep lawns cut
  • Trim hedges and shrubs
  • Weed and edge gardens
  • Clear driveway and clean up oil spills
  • Clean out garage
  • Power wash
  • Touch up paint
  • Plant colorful, inexpensive flowers in pots if necessary

At the Front Door

  • Clean porch and foyer
  • Ensure door bell works
  • Repair any broken screens
  • Fresh paint or varnish front door
  • Repair door locks and key access

Create a Buying Mood

  • Make sure your home smells fresh and clean
  • Turn on lights
  • Turn on air conditioner/heater
  • Open the drapes
  • Light the fireplace

Create Space

  • Clear halls and stairs of clutter
  • Store surplus furniture
  • Clear kitchen counter and stove top
  • Clear closets of unnecessary clothing and stuff
  • Remove empty boxes and containers
  • Put away personal photos so buyers can envision the house as theirs

Maintenance

  • Repair leaking taps and toilets
  • Clean furnace and filters
  • Tighten door knobs and latches
  • Repair cracked plaster
  • Apply fresh coat of pain or touch up where necessary
  • Clean and repair windows
  • Repair seals around tubs and basins
  • Replace defective light bulbs
  • Oil squeaking doors
  • Repair squeaking floor boards

Squeaky Clean

  • Clean and freshen bathrooms
  • Clean fridge and stove (in and out)
  • Clean around heating vents
  • Clean washer and dryer
  • Clean carpets, drapes and window blinds
  • Eliminate pet odors and stains

When it's time to sell your home, I provide a complimentary Home Staging Consultation. During your consultation with an accredited home stager, much of this information will be discussed. Give me a call if this is of interest to you!

What Part of the Part-Time Agent is Going to Bite You???

by Claire Franceschetti

Part Time Sellers? Part Time Buyers?

 

Are you a part time seller or a part time buyer? Of course not. When you're looking to sell or find a new home, there is no half way about it. So why do people hire Part Time Agents?

(You know them, they are all around us. They are your mechanic, yoga instructor, fast food server, or worse your cousin who passed his exams last spring because he didn't know what else to do after college!!! )

With more than 31,000 registrants on the Toronto Real Estate Board, the vast majority of agents don't even write one deal a year. Most of these people are "secret agents", but they are a liability when
they swing into action. 

Let me share a story that will demonstrate the possible liability of using a part time agent.

Recently I sold a property just north of Toronto. When I received the offer, I was surprised to see that the buyer had excluded all the stainless steel appliances, window coverings, and light fixtures. 
Although not common, occasionally buyers want to purchase their own items, and don't want any "used" chattels at all.

In this case, this exclusion totaled about $10,000 worth of of washers, dryers, fridges, stoves, dishwashers and light fixtures for the entire home. I suspected that the agent had made a
mistake and excluded all these items in error. Perhaps the agent had intended to include them in the offer?

Acting as the agent for the seller, I explained the offer as it was submitted, and explained that my client was in a position to keep all the appliances for her next home. This was ideal since she was building a new house, and would need to purchase new appliances when the project was completed. We discussed the possibility that this was an error on the part of the buyer's agent, and that it was likely a major oversight.

My client (such a lovely lady!) decided that rather than accepting the offer as written, she directed me to verify whether the buyers really wanted to exclude all the appliances etc.

Sure enough, the agent had excluded all chattels in error and her clients wanted every inclusion. She suddenly realized that the seller was in a position to accept the offer and keep close to $10,000 in appliances. I am certain that the agent would have been held liable for this mistake, and would have to pay for all the missing items.

Now, a $10,000 error can be corrected with some effort, but there many liabilities involved in Real Estate transactions. I have to ask people who are using part-time agents: What part of professional service is not important? There are liabilities that can cost lots of money, aggravation and invaluable time.

For a list of important questions to ask an agent and make sure they are not a Part-Timer before hiring them, check out my blog on Interview Questions!

What Part of the Part-Time Agent is Going to Bite You???

by Claire Franceschetti

Part Time Sellers? Part Time Buyers?

Are you a part time seller or a part time buyer? Of course not. When you're looking to sell or find a new home, there is no half way about it. So why do people hire Part Time Agents?

(You know them, they are all around us. They are your mechanic, yoga instructor, waitress, or worse your cousin who passed his exams last spring because he didn't know what else to do after college!!!)

With more than 31,000 registrants on the Toronto Real Estate Board, the vast majority of agents don't even write one deal a year. Most of these people are "secret agents", but they are a liability when
they swing into action. 

Let me share a story that will demonstrate the possible liability of using a part time agent.

Recently I sold a property just north of Toronto. When I received the offer, I was surprised to see that the buyer had excluded all the stainless steel appliances, window coverings, and light fixtures. 
Although not common, occasionally buyers want to purchase their own items, and don't want any "used" chattels at all.

In this case, this exclusion totaled about $10,000 worth of of washers, dryers, fridges, stoves, dishwashers and light fixtures for the entire home. I suspected that the agent had made a
mistake and excluded all these items in error. Perhaps the agent had intended to include them in the offer?

Acting as the agent for the seller, I explained the offer as it was submitted, and explained that my client was in a position to keep all the appliances for her next home. This was ideal since she was building a new house, and would need to purchase new appliances when the project was completed. We discussed the possibility that this was an error on the part of the buyer's agent, and that it was likely a major oversight.

My client (such a lovely lady!) decided that rather than accepting the offer as written, she directed me to verify whether the buyers really wanted to exclude all the appliances etc.

Sure enough, the agent had excluded all chattels in error and her clients wanted every inclusion. She suddenly realized that the seller was in a position to accept the offer and keep close to $10,000 in appliances. I am certain that the agent would have been held liable for this mistake, and would have to pay for all the missing items.

Now, a $10,000 error can be corrected with some effort, but there many liabilities involved in Real Estate transactions. I have to ask people who are using part-time agents: What part of professional service is not important? There are liabilities that can cost lots of money, aggravation and invaluable time.

For a list of important questions to ask an agent and make sure they are not a Part-Timer before hiring them, check out my blog on Interview Questions!

Displaying blog entries 31-34 of 34

Contact Information

Photo of Claire Franceschetti Real Estate
Claire Franceschetti
Right At Home Realty Inc.
190 Marycroft Ave.
Vaughan ON L4L5Y2
Direct: 416-918-6325
Office: 416-391-3232
Fax: Fax: 416-987-8001