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Dan and Rachael Polakovic London Ontario Real Estate Professional

Best In Show

The hardest part about selling your home, believe it or not, is not negotiating the final price or packing up and moving from the house you raised your family in. It's keeping it clean during the time it's listed and making sure it's in tip top shape for showings.

Here are a few tips to help you keep the "show readiness" high and the stress level low:

1. Make your bed every morning NO MATTER WHAT! -- this will really help if you get that dreaded short notice showing while you are at work and can't make it back in time to tidy. Some how, even if the room is a little dusty or there is a bit of clutter, a made bed makes a big difference.

2. CLEAR THE CLUTTER! So you are ready to sell.. but not yet ready to tackle the millions of magazines, newspaper clippings, the kids art work from every year of school and all of those books you have been meaning to read... We all lead busy lives and don't always have alot of time to dedicate to sorting through the chaos of clutter that can define our lives. So here's what you do.. get some bins and boxes (rubbermaid tubs work well) and sort everything into easily stored and stackable bins so that you can go through them as you have the time. But this moves them out of plain view of potential buyers that can sometimes get wrapped up in noticing all of your things and not what the home has to offer structurally.

3. Invest in some air fresheners. No!! I am not saying that your home smells!! What I am saying is, the sense of smell is one of the most powerful senses. When a potential buyer comes into a home with a pleasant smell they are more at ease. Try GLADE plug-ins that are scented like baked apple pie or chocolate chip cookie. These scents are associated with home and family.. and of course we want our buyer to feel at home in your home... so much so that they buy it. Try not to over do the air fresheners.. can this can have the opposite effect.

4. Quick Wipes are so handy. Nowadays almost every company has one form or another of these handy wipes. They come in a container almost like a Kleenex box and are great for every day wiping and polishing. For example, Windex, Clorox and Mr. Clean have handy disinfectant wipes in attractive boxes that you can keep right on the counter. Grab one out and swipe down the counter and sink VOILA! In two seconds your kitchen or bathroom, as good as new!

5. Swiffer and Swiffer Wet are equally as handy! For tile or wood flooring. One quick wipe and they'll shine like new. This can be a really quick fix for that right after dinner showing!

I'll stop there before I start to sound like a spokesperson for Johnson and Johnson!

Basically it boils down to this: Do one heavy duty clean a week and clean as you go the rest of the time. Quick and easy helpers such as the items listed above will make things easier. As does asking for help. Get everyone in the house to pitch in.. and hopefully your house will sell in no time at all! Because a house that shows well.. sells fast!!

Buying VS Renting

Dear Future Home Owner: home

A customer called me the other day and asked if I could show a relative the difference between buying and renting.

The fact is, under today's computerized and cooperative real estate system, I can calculate the benefits of ownership and locate just the right home for almost any budget. Or I can refer a rental "expert" if that's the best route.

So if you or a friend are curious about a home, or see an ad on a property and want more information, call me and let me do all the checking for you!

Sincerely,

Dan and Rachael Polakovic

www.two-realtors.com

buyer

Canadian Home Resale's Hit A Record High

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Resale prices for Canadian homes rose to their highest average on record in May, while sales activity climbed for a fourth straight month as consumer confidence strengthened, according to an industry report released on Monday.

But rebounding sales in some of the most expensive markets skewed the national average price, the Canadian Real Estate Association said in the report.

The average home price last month rose 0.4 percent to C$319,757 ($282,971), topping the previous record set a year earlier. It was the first year-over-year increase since May last year.

The average price has recovered 16.4 percent from the low reached in January, CREA said.

Home sales rose 8 percent to 37,649 units in May from April, the fourth consecutive monthly increase on a seasonally adjusted basis.

At the start of the year, the year-over-year drop in sales was a staggering 41 percent and the declines have narrowed since. Nationally, 49,521 units changed hands in May, down 0.8 percent from a year ago.

"In the short space of about 18 months, the housing market has gone full circle from a sellers' market, to a flat-out buyers' market, and back to a sellers' market," said Doug Porter, deputy chief economist at BMO Capital Markets.

He cautioned that further gains may be tougher to come by with a still-weak Canadian employment outlook.

"The housing market is not about to go off to the races, even if it has been pulled back from the brink."

Of the 25 major markets that CREA tracks, 14 reported rises in unit sales year-over-year, with five markets, mostly in the western provinces of Alberta and British Columbia, posting double-digit increases.

Those same markets had suffered the biggest drops only several months ago.

Prices rose in 14 markets from a year ago, led by a 17.3 percent increase in Newfoundland and Labrador and a 12.1 percent climb in Saint John, New Brunswick.

"New records were posted in only 15 percent of local markets in May, none of which are among the most active or expensive," CREA said.

"The strong rebound in sales activity, not price, in Canada's most expensive markets is driving up average prices nationally and in some provinces, just as a sharp decline in activity in these markets pushed average prices lower in late 2008."

New listings eased by 0.8 percent to 65,070 units, the lowest since December 2005.

($1=$1.13 Canadian)

Putting Your Needs First London!

Movie stars and writers have agents, musicians have managers, artists have representation. Very few successful people are lone wolves; they rely on the expertise of others to guide them, to sort out all of the opportunities available to them so that they can make solid, educated choices.

Just like a movie star, you need an agent. Someone to put your needs above all others. As professionals, we pledge to represent you first.

Please feel free to contact us for all of your real estate needs.

We look forward to working hard for you.

Dan and Rachael Polakovic

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Garage Sale Tips

Let's Have a
Garage Sale!

Garage sale, yard sale, tag sale, estate sale,basement sale, house sale, porch sale whatever you call it, they're fun to have and, better yet, have the potential to add substantially to your personal bottom line! However, as with anything that's worth having, there are a few steps and guidelines you should follow to give your sale the best possible chance for worthwhile success. Here are some of the most popular suggestions from garage sale experts, both buyers and sellers alike.

Before the Sale

  • Find out if your area requires a permit or has any restrictions regarding garage sales.
  • When choosing items to sell, a good rule to follow is sell anything you have not used for a while, or that you don't foresee ever using again.
  • Pick your sale dates. The most popular days are Thursday through Saturday on a non-holiday weekend.
  • Place a short ad in your local newspaper. This will attract people who wouldn't normally see your street signs.
  • Invite a neighbor or friend to join in your sale, the more stuff you have to sell, the better! Plus, it's cheaper to split the cost of the newspaper ad with someone.
  • Price everything! Prices should generally be 10-50% of the original price of the item, depending on condition and desirability.
  • For pricing, use permanent markers and removable self-adhesive labels.
  • Price items in increments of 25 cents for easy change-making.
  • Anything damaged or not in working order should be marked "as is".
  • Make signs to post on your front lawn and permissible street corners.
  • Signs should be big enough to read while driving by - at least 24" by 24" - with short, large text.
  • Balloons and large arrows are also helpful to direct customers to your sale.

Setting Up Your Selling Space

  • Sweep and tidy the area and/or make sure your grass has been freshly mowed.
  • Wash dirty items. People will pay more for something that is clean.
  • Display your treasures in like categories, i.e.; kitchen stuff on one table; toys in one corner; music and videos in one box, etc.
  • Keep smaller, more expensive items close by so you can keep your eye on them.
  • If you are selling electrical appliances, have an outlet or long extension cord handy.
  • Arrange tables and items so that traffic will flow naturally without bottlenecks.
  • Make sure any items you don't want to sell are put away or out of sight.

The Big Day!

  • Have lots of coins and small bills available to make change at least $20 worth.
  • Don't leave your money unattended, better yet, wear a fanny pack or carpenter's apron to keep it with you.
  • Only accept cash, unless you're willing to risk getting a bad check.
  • Have plenty of bags and boxes available, plus old newspapers for packing breakables.
  • Be prepared for buyers who want to bargain. If it's early in the morning, or you don't want to bargain, just say you think it's worth that price, or that you may lower the price later in the day if it doesn't sell.
  • Don't allow strangers into your house unless, of course, it's an inside sale.
  • To avoid any hassles later on, post a sign that says "All Sales Final".
  • Have pleasant music playing softly in the background.
  • Smile, sell and enjoy!

After the Sale

  • Consider donating unsold items to charity. Some will even make pick ups.
  • TAKE YOUR SIGNS DOWN! :)

This Stuff Sells!

  • Toys
  • Infant's & Children's Clothing
  • Furniture
  • Small Appliances
  • Decorative
  • Knick-Knacks
  • Kitchen
  • Gadgets
  • Antiques & Collectibles
  • Sporting & Camping Gear
  • Books & Comic Books
  • Music & Movies
  • Dinnerware & Cookware
  • Workshop & Garden Tools

A Word On Closing Costs

When figuring out how much you will need at the closing for your down payment, don't forget about the closing costs! As you might expect, these additional costs can add up significantly. Depending on the financing costs and the time of the month that you close, your actual closing costs may vary. Your Realtor can give you an estimate of these costs, including your loan points, title search and insurance, attorneys' fees, and any transfer taxes or recording fees charged by your local government. There may also be property taxes, local association fees and home insurance that must be prepaid. In other words, be knowledgeable of the closing process, and don't get caught short!

The Trivia Block

What do nearly 90% of all Westerners want included with their new home?

A garage! Besides sheltering cars, many need the space for storage because they don't have basements.