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Discover the Best Hiking Spots in Peterborough and the Kawarthas
Peterborough and the Kawarthas offers an array of picturesque hiking trails that attract nature enthusiasts and outdoor adventurers year-round. If you’re a nature lover looking to explore the great outdoors while immersing yourself in the charm of this region, read on! In this blog post, we’ll uncover some of the best hiking spots in Peterborough and the surrounding area.
- Petroglyphs Provincial Park: Petroglyphs Provincial Park is a must-visit destination for history and nature enthusiasts alike. Under an hour Northeast of Peterborough, this park is home to one of the largest collections of ancient Indigenous rock carvings (petroglyphs) in Canada. Alongside this cultural significance, the park features scenic trails that wind through lush forests, showcasing the region’s stunning flora and fauna. The moderate hiking trails offer a peaceful escape into nature, providing an opportunity to connect with the land’s rich history. When you’re done with your hike, why not stop off at the public beach on Stony Lake and enjoy a swim at their sandy beach surrounded by million-dollar cottages.
https://www.ontarioparks.com/park/petroglyphs - Warsaw Caves Conservation Area: Embark on an adventure through the awe-inspiring Warsaw Caves Conservation Area. Located just 30 minutes outside of Peterborough, this natural wonderland is characterized by its unique limestone caves, hiking trails, and picturesque scenery. Traverse the winding trails, explore the impressive caverns, and soak in the breathtaking views along the way. With options for all skill levels, this conservation area offers a memorable hiking experience for families and avid explorers alike. And if you’re looking to extend your stay, check out their 52 site campground!
https://www.otonabeeconservation.com/camping-outdoor-recreation/warsaw-caves/ - Ganaraska Forest: Escape into the tranquillity of Ganaraska Forest, a sprawling wilderness located just 45 minutes Southwest of Peterborough. With over 400 kilometres of trails, this forest offers year-round opportunities for hikers to explore its diverse landscapes. From towering pine trees to serene meadows, the trails wind through a mix of wooded areas and open spaces. Nature lovers will appreciate the abundance of wildlife and the peaceful ambiance that surrounds them in this enchanting forest. If you’re looking for something a bit more daring than a hike, check out Treetop Trekking Ganaraska, who operates an aerial games course in the Central Forest.
https://www.grca.on.ca/content/ganaraska-forest - Kawartha Highlands Provincial Park: Considered the crown jewel of the Kawarthas, Kawartha Highlands Provincial Park spans over 375 square kilometres and offers a vast network of hiking trails to explore. With its stunning forests, crystal-clear lakes, and rugged landscapes, this park is a paradise for outdoor enthusiasts. The trails cater to a range of skill levels, from leisurely strolls to challenging treks, allowing visitors to fully immerse themselves in the region’s natural wonders. Don’t forget your camera to capture the breathtaking vistas along the way. Open year-round for backcountry adventures.
https://www.ontarioparks.com/park/kawarthahighlands - Jackson Park: Stay close to home and plan a hike in the heart of Peterborough. Jackson Park provides a convenient and picturesque hiking option for those seeking a tranquil escape from city life without ever leaving the city. This urban park offers an array of well-maintained trails that wind through beautiful gardens, towering trees, and serene ponds. The park’s diverse landscapes and vibrant flora make it a popular spot for nature lovers, birdwatchers, and photographers alike. Take a leisurely stroll or enjoy a picnic amidst the peaceful surroundings.
https://thekawarthas.ca/businesses/jacksons-park/
Whether you’re a local resident or a visitor to the area, these hiking spots will undoubtedly leave you with lasting memories and a deep appreciation for the stunning landscapes that Peterborough and the Kawarthas have to offer. So, lace up your hiking boots, grab your camera, and embark on a journey of exploration and connection with nature. Happy hiking!
Real Estate Market Analysis: May 2023
As we move further into the spring market of 2023, it’s time to take a closer look at the real estate market’s performance. The statistics for May 2023 reveal interesting trends and insights. The average number of sales for the month was 117, with an average price of $644,096. Comparing these figures to May 2022, there was a marginal 0.8% decrease in the number of sales, while the average sale price experienced a more significant decline of 10.8%. Additionally, the number of active listings in May 2023 increased by 11.6% compared to the same period the previous year.
The relatively stable average number of sales suggests that the market has maintained its momentum, with only a slight dip. This indicates that despite changing conditions, buyers remain active and engaged in the real estate market. However, the noticeable 10.8% decrease in the average sale price signals a shift in property values. Various factors, such as market dynamics, economic influences, or evolving buyer preferences, could be contributing to this decline.
On the bright side, the increased number of active listings in May 2023 provides buyers with a broader selection to choose from. With more inventory available, buyers have the opportunity to explore various options and potentially negotiate favourable deals. Sellers, on the other hand, may face heightened competition as they strive to stand out in a market with increased choices for buyers.
An interesting aspect worth noting is the relatively short average number of days on the market in May 2023, which was 19 days. This indicates a fast-paced market, with properties selling swiftly. Sellers may attribute this to factors such as high demand, limited inventory, or effective marketing and pricing strategies.
While the May 2023 real estate statistics reflect a decline in average sale prices, the market remains active and presents opportunities for both buyers and sellers. By staying informed about market conditions and working with knowledgeable professionals, individuals can navigate the evolving real estate landscape with confidence.
Highlighted below are some of the major areas covered by our stats:
As always, it’s essential to stay informed and seek the advice of experienced real estate professionals when making decisions in the current market. Need help to decide your next move? Don’t know what these numbers mean for you? We always have an agent on duty to help you. Call our office at 705-743-4444 and we will be happy to direct you to a REALTOR® to answer your questions.
*All data from ITSO. InfoSparks®© 2023 ShowingTime MLS® Resale Residential. Information deemed reliable but is not guaranteed.
Demystifying the Difference: Down Payment vs. Deposit
When diving into the world of real estate, you’ll encounter various terms and concepts that may initially seem confusing. Two terms often used interchangeably but hold distinct meanings are “down payment” and “deposit.” Both are essential components of the home-buying process, but understanding the difference between the two is crucial to navigating your way through a successful transaction. In this blog post, we’ll shed light on the differences between a down payment and a deposit, helping you grasp their unique roles when purchasing a home.
- Defining the Down Payment
A down payment refers to the upfront payment made by a buyer to the seller when purchasing a property. It is a percentage of the total purchase price and serves as a commitment from the buyer to proceed with the transaction. The down payment is typically paid at the closing of the sale, and the remaining balance is covered by a mortgage loan. The percentage required for a down payment varies depending on several factors, including the lender’s requirements, the type of loan, and the buyer’s financial situation. - Understanding the Deposit
A deposit is an amount of money that the buyer provides to the seller as a sign of good faith and commitment to purchasing the property. The deposit demonstrates the buyer’s seriousness in pursuing the transaction and is usually paid shortly after the offer is accepted. Unlike the down payment, the deposit is not a fixed percentage of the purchase price and is subject to negotiation between the buyer and the seller. The deposit amount can range from a few thousand dollars to a more substantial sum, depending on the local real estate market and the property’s value. - Purpose and Protection
The down payment and deposit serve distinct purposes in a home purchase and offer various forms of protection for both parties involved.- Down Payment: The primary purpose of the down payment is to reduce the amount of money borrowed from a lender and to demonstrate the buyer’s financial stability and commitment. It also helps determine the loan-to-value (LTV) ratio, which affects the mortgage terms and interest rates. The down payment acts as equity in the property, providing a financial cushion for the lender and reducing the buyer’s risk of defaulting on the loan.
- Deposit: The deposit serves to protect the seller in case the buyer fails to fulfill the terms of the purchase agreement. It provides compensation to the seller for any potential damages incurred due to the buyer’s breach, such as backing out of the deal without a valid reason. Conversely, if the seller fails to meet the terms of the agreement, the deposit is typically refunded to the buyer. The deposit amount is held in an escrow account until the closing, at which point it is applied toward the purchase price or returned to the buyer if the deal falls through.
- Refunding and Non-Refunding
While the deposit is subject to refund based on the terms of the purchase agreement, the down payment is non-refundable in most cases. If the buyer backs out of the deal without a valid reason, the seller is generally entitled to keep the deposit as compensation for the time, effort, and opportunity costs associated with the failed transaction. However, there may be certain circumstances in which the deposit can be refunded, such as when contingencies outlined in the purchase agreement are not met or if the seller breaches the contract.
Understanding the difference between a down payment and a deposit is vital when purchasing a home. By grasping their unique purposes and implications, you can confidently navigate the home-buying process and make informed decisions.
Need more help navigating the real estate market? Don’t have an agent already? Our REALTORS® are always available to answer your questions and we always have a duty person available during our office hours. Just give us a call at 705-743-4444.
Featured Property – 1421 Clearview Drive, Peterborough
Welcome to Peterborough’s preferred west end, where your dream home awaits! This charming raised bungalow, boasting 1,047 sq ft of living space and an attached single-car garage, is the epitome of comfort and style. From the moment you set foot on the property, you’ll be captivated by the modern wood staircase and welcoming front deck, which sets the tone for the remarkable interior that lies within.
As you step inside, you’ll be greeted by an abundance of natural light that fills every corner of this home. The open living and dining area create a perfect space for hosting gatherings and creating lasting memories with your loved ones. Imagine entertaining guests as you effortlessly transition from the spacious living room to the inviting deck, overlooking the fully fenced backyard. It’s the ideal setting for summer BBQs, enjoying a cup of coffee in the morning sunshine, or simply unwinding after a long day.
The kitchen is a chef’s delight, featuring stainless steel appliances, generous counter space for meal preparation, and ample cupboard storage. To top it off, there’s even a bonus pantry for all your culinary essentials. The thoughtfully designed layout ensures that cooking and entertaining go hand in hand, making it a pleasure to whip up delicious meals for family and friends.
The upper level of this home boasts three cozy bedrooms, each offering a peaceful retreat for a good night’s sleep. A well-appointed 4-piece bathroom completes this level, providing convenience and comfort for the whole family.
Venturing downstairs, you’ll discover additional living space that is as impressive as the main floor. A versatile fourth bedroom awaits, perfect for accommodating guests or transforming into a home office. The oversized rec room is a haven for relaxation, featuring pot lighting and a gas fireplace that adds warmth and ambiance on chilly evenings. The lower level also boasts a beautifully updated 3-piece bathroom, adding a touch of luxury to everyday living. Not to mention the convenient laundry/utility room with garage access, ensuring practicality and ease of use.
Throughout the majority of the main and lower levels, newer laminate flooring exudes a contemporary appeal, while vinyl windows grace every room, enhancing energy efficiency and aesthetics.
Location is key, and this home excels in that regard. Situated in the highly sought-after James Strath and Saint Catherine’s school districts, it offers the perfect setting for raising a family. With parks, restaurants, and shopping all within walking distance, you’ll have everything you need right at your fingertips. Don’t miss out on the opportunity to call this place home.
This property is listed with Crystal Edwards, REALTOR® of CENTURY 21 United Realty Inc Brokerage. Schedule a viewing today and let your dreams become a reality! Reach out at 705-313-0806 or crystal.edwards@century21.ca
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10 Incredible Ways to Upgrade Your Curb Appeal and Boost Property Value
When it comes to selling a house or simply enhancing its overall appeal, the importance of curb appeal cannot be overstated. The exterior of your property is the first impression potential buyers or visitors will have, so making it captivating and inviting is crucial. Fortunately, there are numerous upgrades you can make to your home’s exterior that will significantly enhance its curb appeal. In this blog post, we will explore ten ways to upgrade your curb appeal and elevate the value of your property.
- Spruce up the Landscaping
A well-maintained and visually appealing landscape instantly adds charm to your property. Start by trimming overgrown bushes and trees, mowing the lawn regularly, and planting colourful flowers or shrubs. Consider adding mulch or rocks to garden beds to create a polished and tidy appearance.Create a Welcoming Entryway: - Create a Welcoming Entryway
The entryway is the focal point of your home’s exterior. Make it more inviting by painting the front door with a bold colour that complements the overall colour scheme of the exterior. Add decorative elements such as potted plants, a new doormat, and stylish house numbers to enhance the charm. - Upgrade the Lighting
Properly placed outdoor lighting not only enhances the safety of your home but also adds a touch of elegance. Install well-designed light fixtures along the pathway, highlighting landscaping features and the entrance. Choose warm lighting to create a cozy ambiance during the evenings. - Freshen Up the Exterior
A fresh coat of paint can work wonders for the exterior of your home. Opt for neutral or trendy colours that harmonize with the surroundings. Repair any damaged sidings, replace missing roof shingles, and clean the windows to make the exterior shine. - Install Window Boxes or Planters
Window boxes and planters bursting with vibrant flowers can add a pop of colour and character to your property. Choose plants that are suitable for your climate and coordinate with the overall style of your home. Remember to water and maintain them regularly for a lasting impression. - Upgrade the Garage Door
The garage door is a significant part of the exterior and should not be overlooked. If your budget permits, consider replacing an outdated garage door with a modern and visually appealing one. Alternatively, you can repaint the existing one to give it a fresh look. - Enhance the Driveway and Walkways
Repair cracks and uneven surfaces on your driveway and walkways. Consider adding decorative elements such as cobblestones, pavers, or stamped concrete to create an eye-catching pathway. Keep them clean and well-maintained for a polished look. - Add Outdoor Living Spaces
Create cozy outdoor living spaces to showcase the potential of your property. Install a small seating area, add a pergola or patio, and incorporate stylish outdoor furniture. This will not only boost curb appeal but also create additional functional space for relaxation and entertainment. - Consider Roof Upgrades
While often overlooked, the condition of the roof plays a significant role in the overall appearance of your home. If your roof is outdated or in poor condition, consider investing in repairs or replacements. A well-maintained roof adds value and reassures potential buyers about the condition of the property. - Maintain a Clean and Tidy Exterior
Last but not least, keep your property clean and well-maintained throughout the year. Regularly clean the exterior, remove debris from gutters, and power wash the siding and walkways. A neat and tidy appearance demonstrates pride of ownership and instantly elevates your curb appeal.
Enhancing your home’s curb appeal not only impresses potential buyers but also adds value to your property. By following these ten tips, you can transform your home’s exterior into a captivating and welcoming space.
The Importance of Home Inspections
Buying or selling a home is a significant milestone in anyone’s life. It’s an exciting and often complex process that involves various factors to consider. One crucial step that should never be overlooked is a thorough home inspection. Whether you’re a buyer or a seller, investing in a professional home inspection can provide invaluable insights and peace of mind. In this blog post, we’ll delve into the purpose of home inspections, why they’re crucial when buying or selling a home, the scope of their coverage, and the certifications held by qualified inspectors.
Why Get a Home Inspection Before Buying:
Purchasing a home is a substantial investment, and it’s crucial to have a clear understanding of its condition before finalizing the deal. Here are some compelling reasons to obtain a home inspection before buying:
- Uncover Potential Issues: A home inspection conducted by a qualified professional can identify both visible and hidden problems in a property. From structural issues to electrical, plumbing, or roofing concerns, an inspector can give you an accurate assessment of the home’s condition.
- Negotiating Power: Armed with the knowledge gained from a home inspection report, buyers can negotiate repairs or pricing with the seller. This ensures that any necessary repairs or maintenance are factored into the final agreement, potentially saving you money in the long run.
- Future Planning: Knowing the condition of a property can help buyers plan for future maintenance or renovations. By understanding the potential costs and required upkeep, you can make informed decisions about the property’s suitability for your long-term goals.
Why Get a Home Inspection Before Selling:
While it may seem counterintuitive for sellers to request a home inspection, there are distinct advantages to doing so:
- Preemptive Problem Solving: By conducting a pre-listing inspection, sellers can identify and address potential issues before putting their home on the market. This proactive approach enables sellers to make necessary repairs or disclose any known issues, ensuring transparency and avoiding last-minute surprises that could derail a sale.
- Accurate Pricing: With a thorough understanding of the property’s condition, sellers can set a fair asking price based on the market value and any repairs needed. This approach attracts serious buyers and reduces the likelihood of a delayed or unsuccessful sale.
- Faster Transactions: By providing a home inspection report upfront, sellers can instill confidence in potential buyers and streamline the transaction process. This upfront disclosure minimizes the need for multiple inspections and helps build trust, expediting the sale.
What’s Covered in a Home Inspection:
During a home inspection, qualified inspectors assess various aspects of a property. The scope of a typical home inspection generally covers the following areas:
- Structural Components: This includes the foundation, walls, roof, and overall structural integrity of the home.
- Exterior Features: Inspectors evaluate the siding, windows, doors, drainage systems, and any visible defects on the exterior of the property.
- Roofing: Inspections involve assessing the condition of the roof, and identifying any leaks, damage, or potential areas of concern.
- Plumbing Systems: Inspectors examine the plumbing infrastructure, including pipes, fixtures, water heaters, and drainage systems.
- Electrical Systems: This component covers the inspection of electrical panels, wiring, outlets, switches, and the general safety of the electrical system.
- HVAC Systems: Inspectors evaluate heating, ventilation, and air conditioning systems, ensuring they are in proper working condition.
- Interior Features: Inspections cover the condition of walls, ceilings, floors, doors, windows, and any visible signs of water damage or other issues.
- Insulation and Ventilation: Inspectors check the insulation levels, attic ventilation, and the overall energy efficiency of the home.
Certifications and Qualifications of Home Inspectors in Canada:
In Canada, home inspectors undergo training and certification to ensure they possess the necessary knowledge and expertise to conduct thorough inspections. While requirements may vary by province, the following certifications are widely recognized in the Canadian home inspection industry:
- Canadian Association of Home and Property Inspectors (CAHPI): CAHPI is a national organization that offers certification through its provincial/regional divisions. The main divisions include CAHPI Alberta, CAHPI British Columbia, CAHPI Atlantic, and CAHPI Ontario. Inspectors certified by CAHPI are known as Registered Home Inspectors (RHI) or Certified Master Inspectors (CMI), depending on their experience level and qualifications.
- National Home Inspector Certification Council (NHICC): NHICC provides national certification for home inspectors in Canada. Their certification program, the National Certification Program for Canadian Home and Property Inspectors, ensures that inspectors meet specific educational and experience requirements.
- Canadian National Association of Certified Home Inspectors (CanNACHI): CanNACHI is an association that offers certification to home inspectors across Canada. Their Certified Home Inspector (CHI) designation signifies that an inspector has met the organization’s standards and completed the required training and examinations.
- Applied Science Technologists and Technicians of British Columbia (ASTTBC): ASTTBC offers the Registered Home Inspector (RHI) certification, specifically recognized in British Columbia. Inspectors with this certification have met the organization’s criteria, including education, experience, and adherence to a code of ethics.
When choosing a home inspector in Canada, it’s crucial to ensure they hold one or more of these recognized certifications. Additionally, verify their experience, reputation, and any additional qualifications or memberships in professional associations related to the home inspection industry. Your REALTOR is also an excellent resource for sourcing a home inspector. They will have contacts for multiple inspectors that they have worked it. You can rely on their experience when choosing a certified and professional home inspector.
Ultimately, a professional home inspection is an investment that promotes transparency, minimizes surprises and ensures a smoother real estate experience for all parties involved.
6 Easy and Thoughtful Mother’s Day Crafts to Make at Home
Mother’s Day is this Sunday, and what better way to show appreciation for all the hard work the mom in your life does than by having the kids make her a thoughtful gift? Crafting is an excellent way to create a one-of-a-kind gift that she is sure to love. In this blog post, we’ll share some fun and easy Mother’s Day crafts that you can make at home.
- Homemade Cards
A handmade card is a classic Mother’s Day gift that will never go out of style. Get creative with the design and use colourful paper, stickers, glitter, or anything else that inspires you. Help your kids write a heartfelt message inside the card, telling her how much you love and appreciate her.
- Flower Bouquet
Surprise her with a beautiful bouquet of flowers made from tissue paper or construction paper. Cut out flower shapes and arrange them into a bouquet. Use a green pipe cleaner for the stem and add a ribbon to make it more festive.
- Photo Frame
Personalize a plain wooden photo frame by painting it in her favourite colour. Add some glitter or other embellishments to make it extra special. Insert a favourite photo of mom and the kids and wrap it up with a ribbon.
- Homemade Candle
Making a candle is a great craft project for older kids. You can use soy wax, essential oils, and dried flowers to create a unique scent and look. Pour the melted wax into a jar, add a wick, and let it set. Tie a ribbon around the jar to complete the gift.
- Handprint Art
Younger children will enjoy making handprint art for mom. Dip their hands in paint and press them onto paper or canvas. Add some details like flowers or hearts, and write a sweet message for mom to cherish.
- Personalized Mug
Transform a plain white mug into a personalized gift by painting it with your mom’s favourite colours and designs. Use acrylic paint and let it dry overnight before baking it in the oven to make it permanent. Add some hot cocoa mix and marshmallows to the mug for a cozy gift.
No matter the gift, your mom will surely cherish the effort put into making a thoughtful gift. Get creative and have fun crafting! Pair it with breakfast in bed and a chance for her to rest, and you’ll have the perfect day for the mom in your life! Happy Mother’s Day!
Real Estate Market Analysis: April 2023
As we enter the second quarter of 2023, it’s a good time to take a closer look at the state of the real estate market. According to recent statistics, the average number of sales in April 2023 was 87, with an average price of $698,191. This represents a significant decrease in sales compared to the same month in the previous year, with a year-over-year average sale price drop of 3.8%. In addition, the number of active listings in April 2023 increased by 36.9% compared to the same month in the previous year.
One factor that could be contributing to the decrease in sales and average price is changes in interest rates. As interest rates rise, buyers may be less likely to take on a mortgage and purchase a property, which could lead to a decrease in demand and prices.
For sellers, it may be important to consider factors such as effective marketing strategies and competitive pricing to stand out in a crowded market. For buyers, the increase in inventory could mean more choices and more negotiating power when it comes to making an offer.
Highlighted below are some of the major areas covered by our stats:
As always, it’s important to stay informed and seek the advice of experienced real estate professionals when making decisions in the current market. Need help to decide your next move? Don’t know what these numbers mean for you? We always have an agent on duty to help you. Call our office at 705-743-4444 and we will be happy to direct you to a REALTOR® to answer your questions.
*All data from ITSO. InfoSparks®© 2023 ShowingTime MLS® Resale Residential. Information deemed reliable but is not guaranteed.
Key Considerations When Buying a House | Tips for Homebuyers
Buying a house is an exciting and important decision that requires careful consideration of various factors. Whether you’re a first-time homebuyer or an experienced real estate investor, it’s important to know what to look for when searching for your dream home. In this blog post, we’ll discuss some key things to consider when looking to buy a house.
- Location, Location, Location
The location of a property is arguably the most important factor to consider when buying a house. It affects your quality of life, the value of the property, and your daily commute. You should consider the neighbourhood, proximity to schools, shopping centers, healthcare facilities, and your place of work. If you have children, you may want to consider proximity to parks and playgrounds.
- Affordability
Before making an offer on a property, you need to determine whether it fits within your budget. You should consider other expenses such as property taxes, insurance, and maintenance costs. A good rule of thumb is that your monthly housing expenses should not exceed 30% of your monthly income. It’s important to get pre-approved for a mortgage to know how much you can afford to spend. Your REALTOR® should be able to recommend a good mortgage broker (we at C21 United know just who to call!)
- Size and Layout
The size and layout of a property are also important considerations. You should consider the number of rooms, the size of the rooms, and whether the layout of the house meets your needs. If you work from home, you may want a home office. If you enjoy entertaining guests, you may want an open-concept layout.
- Condition
The condition of a property is important, both inside and outside. You should check for any signs of damage or wear and tear, such as cracks in the walls, leaks, or pest infestations. You should also consider the age of the property and whether any renovations are needed.
- Resale Value
It’s important to consider the resale value of the property, especially if you plan to sell it in the future. Factors that can affect the resale value include location, condition, and the local real estate market. Your REALTOR® can provide stats on the local real estate market to determine if it’s a buyer’s or seller’s market.
- Inspection
It’s important to have the property inspected by a professional before buying it. An inspection can reveal any issues with the property that you may not have noticed, and can help you make an informed decision. The inspector can identify any potential problems, such as mould, foundation issues, or water damage.
- Financing
You should consider your financing options, such as whether you want to take out a mortgage, and if so, what type of mortgage you want. The mortgage industry is a highly competitive field and it is important to understand that interest rates can change at any time. Partnering with a mortgage advisor to help you find the right mortgage product at the best rate is key to your home-buying process.
By considering these factors, you can make an informed decision when buying a house that meets your needs and fits within your budget. Remember to work with a qualified REALTOR® who can guide you through the buying process and help you find your dream home. Don’t have an agent lined up already? Give us a call at 705-743-4444. We’re open 7 days a week and always have an agent on duty!
Choosing a REALTOR® to List Your Home for Sale: Essential Factors to Consider
When deciding to sell their home, most homeowners choose to use a real estate agent. You certainly don’t have to, but there are good reasons why most people still do:
- Pricing is an art,
- Negotiating is hard,
- Marketing a listing is more than just putting it on the MLS, and
- Handling showings and paperwork can be a pain.
An agent takes away the burden of all these things and works to get your home sold for the best price in the fastest time. After all – you’ve got a life to live!
You might have a dedicated REALTOR® lined up already — a referral from a past home purchase or sale, or maybe a friend of the family. But if you plan on interviewing a few agents before choosing one to hire, you should be prepared with a list of questions to ensure you get the right fit. After all, there’s much more to consider than just commission rates and sale price. Each REALTOR® will have their own approach to the job, so make sure you pick the one that fits your vision for your home selling journey.
For this blog post have compiled a list of questions that you might want to have on hand for that first meeting.
- What is your experience selling homes in my area?
Experience matters. You want a REALTOR® who has experience selling homes in your neighbourhood or area. They will have a better understanding of the local market and be better equipped to advise you on pricing strategies. Using an out-of-town REALTOR® may not be the best decision for your bottom line, even if they’re your mom’s best friend’s cousin! They may not know the area, may not correctly price your home, and they may not have access to your local real estate board. This last point is an especially important consideration since you want to ensure your home gets in front of as many eyes as possible — especially local REALTORS® with buyer clients of their own that could be looking for just what you’re selling. - What is your marketing strategy for my home?
Ask the REALTOR® about their marketing plan for your home. What platforms will they use? How will they showcase your property’s unique features? What is their approach to attracting potential buyers? Will they use a professional photographer when listing your home? Will they do a video tour, include floor plans, and use feature sheets for showings? While print advertising is an old standard in real estate, in this digital age make sure your agent will market you online as well — including popular social media platforms. They don’t need to be a social media guru of course, but the better exposure you have online the more eyes you will have on your home! - Can you provide me with references from past clients?
A good REALTOR® will have happy clients who are willing to speak about their experience working with them. Ask for references and follow up with them to see what they have to say about the agent’s communication, marketing, and negotiation skills. - How will you keep me informed throughout the selling process?
Communication is essential when selling your home. You want to know that your REALTOR® will keep you informed every step of the way. Ask them how often you can expect to hear from them and what type of communication they prefer (phone, email, in-person). Regular feedback from your showings is vital to make sure your staging and pricing are on point. - How long do homes in my area typically take to sell?
Knowing how long homes in your area typically take to sell can help you set realistic expectations for the selling process. Ask the REALTOR® for their experience with homes in your area and what they believe the timeframe for selling your home will be. When meeting with your REALTOR® for a Comparative Market Analysis (a “CMA”) they should bring with them examples of what has sold in your neighbourhood in the recent past, as well as an analysis of how these houses compare to your home. This will factor into the sale price that your agent suggests. - How will you help me prepare my home for sale?
Preparing your home for sale can be a daunting task. Ask the REALTOR® how they will help you get your home ready for showings, including suggestions for cleaning, staging, repairs, or renovations that may be necessary. Remember, everything you remove from the house, clean or repair, puts money in your pocket. You’re getting paid to do it!
Choosing the right REALTOR® to sell your home is an important decision that can greatly impact the success of your sale and your return on investment (ROI). Don’t be afraid to ask for references and follow up with past clients to ensure you’re making the right decision. By doing your research and choosing a REALTOR® who meets your needs, you’ll be well on your way to a successful home sale.
Want more information on how to maximize your ROI? Check out our past blog post: Best Home Renos to give you the highest Return on Investment
Don’t have a REALTOR® lined up yet? Reach out to CENTURY 21 United Realty at 705-743-4444. We always have an agent on duty to answer your questions about buying, selling or investing.
