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It is now time to look through the eyes of the buyer, transferring your home of memories into a dream house
for someone else. Decide whether you want to hire an agent to handle the sale, then do whatever necessary
to get your home in it’s best possible condition.
Take the initiative and get a pre-sale inspection, to prevent costly surprises from the buyer's inspector.
Inspections usually cost between $300 to $400. If major damages are discovered, your decision to sell or at
least the price at which you sell may be altered.
Most states now require sellers and their agents to disclose issues that may affect a buyer's decision to
purchase your home. This is a touchy topic, so speak with your agent to make sure you understand what you
need to disclose, what repairs need to be made, or what problems can be back-ended by adjusting your
asking price.
This is not the time to undertake major improvements. It is generally wiser to make only necessary repairs and
cosmetic improvements that will enhance your home's salability.
Your taste may appeal to you, but may turn off the buyer. Decorate the home with neutral tones that will add
charm. Consider replacing out-of-date carpeting, painting odd-colored rooms, and polishing your home's
appearance. You may also want to kennel your pet during this time, and hire extra cleaning help while your
house is on the market, especially if an odor exits throughout the home... (continued)
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Selling your home is not on anyone’s top 10 list of fun things to do.
It’s time to sell, so here is a simple game plan of what you can expect during the process. First time sellers,
listen up, because now it’s your time to find the buyer!
First and foremost, figure out if you want to sell your home on your own or with an agent. The vast majority of
people choose to sell their home with an agent, which is statistically wiser. Fewer financial results and smaller
sales are produced from homeowners selling their own homes. How can this be? The simple fact is that the
sale of your home depends upon what a buyer is willing to pay. If you cannot attract the right buyer, or
negotiate the proper deal, then you’re stuck behind the eight ball. And remember - marketing your own home
can be very costly.
With an experienced agent, covering the marketing cost and applying proven plans to sell your home becomes
less stressful. They are experienced with the process, which means fewer mistakes, if any at all. Is the 2.5-3%
savings worth it? We suggest searching and weighing the pros and cons before making this decision,
thinking you will save.
During the decision process, you want to make sure the reasons for selling your home are beneficial. Many
people move to save money, finding out that close to 15% of their home sale goes to moving costs, closing
costs and the agent (or marketing for FSBO). Speaking to an accountant is also beneficial to protect yourself
against any tax consequences.
Once you’ve made the decision, you will then Prepare to Sell, Set a Price, Accept an Offer, Close the Sale,
and then Prepare to Move….(to be continued)
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Here is a summary of the Real Estate Statistics provided by the Windsor and Essex County Real Estate Board for the Month of January 2008.
Sales month-over-month in January dropped by 3% over January of 2007. Listings taken in the month of January also declined by 9%.
On a positive note, the average sales price was higher from a year ago to $162,855.00 from $160,471.00.
| Overall Market January 2008 in Windsor and Essex County | 2008 | 2007 | 2006 | %INC/DEC | |||
| [ 2007 - 2008 ] | |||||||
| Total # of Listings [Month] | 1328 | 1462 | 1337 | -9% | |||
| Total # of Listings YTD | 1328 | 1462 | 1337 | -9% | |||
| Total # of Expired Listings [Month] | 493 | 477 | 506 | 3% | |||
| Total # of Expired Listings YTD | 493 | 477 | 506 | 3% | |||
| Total # of Sales [Month] | 329 | 340 | 290 | -3% | |||
| Total # of Sales YTD | 329 | 340 | 290 | -3% | |||
| Avg. Sales Price YTD 2008 | $162,855 | Avg. Sales Price YTD 2007 | $160,471 | ||||
If you have any Questions or Comments, or would like a FREE Over-The-Net Home Evaluation, Visit... http://www.SashaMileticBlog.com/
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During our committee meeting today regarding promotion of our Realtors, it came to light that Windsor Ontario is really one of the best places to invest in real estate in Canada. Not only for Residential but also for commercial for those who wish to build or expand a business.
We are the gateway to the US. Busiest border crossing in North America, and the potential for booming business is very strong. With low houseing cost and low cost for commercial space we are poised for a great future. Lots of Land is available for expansion and awesome prices. Low bank rates add to our appeal. Airport expansion plans make us a sweet spot for cargo and other opportunities.
We are huge in fresh water fish, produce production, wineries, not to mention some very picturesque spots to live. Leamington (jsut outside windsor) was voted the best place to retire in Canada. Anyone wanting to invest in thier future would be smart to look at Windsor for their business expansion plans.
With the Great Lakes we have some terrific boating and water sport areas for the enthusiast as well. There are always bright spots when the economy is slow. It is the best time to promote the area and entice new opportunities to our city. We have so much to offer, I just wanted to put it our there for investors to see our awesome potential.
We are excited about our future, our potential, our City..... Come join us and see what we can build together.
Feel free to contact me for more information regarding opportunities in Windsor.
Check out our city at www.citywindsor.ca
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Well the new year has begun and as usual windsor is quite a mixed bag. It is one of the best times to invest in real estate in Windsor, Ont. Canada which is awesome. With the best prices on homes in Canada and low mortgage rates how can you go wrong. Unfortunately many windsorites are very negative and don't see how bright our future is. Ah Change, something most hate but life is all about change. Embrace it, love it, roll with it and life is grand. Resist it, curse it and life bites. When will people learn.
So much to look forward to. We are in the best business ever. With all its challenges it gives us a lifestyle most only dream of. The ability to work when we want to and create as much income as we desire while working with great people. People are great unless they're not (to write like Dr. Seusse) and to serve the public is such a privilege. With a soft market 2007 was still my best year yet and I see 2008 even better. It has been great getting into the real estate business while it is down. You learn so much from the down turn that can only benefit during good times. Many who got in during the better market are struggling with the changes today. Back to basics, staying in touch with past clients, asking for the referral, and steady advertising have helped me keep my business strong. Many stay away from working with buyers but in this market you have to do the work to stay busy and get "paid".
Good market or Down market the future is always bright for hardworking Realtors. People are always buying and selling. When we strive to be the best we can be, we are bound to succeed.
HAPPY 2008 AND MAY IT BE PROSPEROUS FOR ALL
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