This is an interesting and important question that both buyers and sellers should consult with their salespersons to fully understand before entering negotiations.
Tag: home selling
You’re right: Open Houses are currently banned by the government because of the pandemic. While you should discuss having multiple showings in a single day with your salesperson, back-to-back showings and Open Houses are not safe or practical.
Taking on the sale of one’s property is an ambitious and sometimes complicated task. You may find engaging professionals from the field helpful in the process.
The sale of a home can be a stressful and busy time for any homeowner which is why it is important to work closely with your registered real estate professional if you are planning an open house.
In certain market conditions, consumers may find that more than one buyer is interested in a property.
The decision to use a brokerage (or not) is entirely yours to make, but the Real Estate Council of Ontario (RECO) strongly recommends working with a registered salesperson or broker when you buy or sell a property for the simple reason that navigating your way through a real estate transaction on your own from start to finish can get complicated, especially if you’re inexperienced.
Whether you’re moving to accommodate your growing family or looking for a smaller space to be your empty nest, selling your home is a big decision. To help you make smart decisions, it’s important to think with your head and not your heart. These tips from the Real Estate Council of Ontario (RECO) will get you started.
A Toronto brokerage known as The RedPin has shared an opinion of the effectiveness of Open Houses. They state that the ritual of holding an open house attracts many potential buyers, however, Open Houses only account for 5% of sales. Sales reps hold Open Houses to attract new clients, but many open houses also attract nosy neighbours and “lookie-loos” out for some free weekend entertainment.
Selling a filthy house isn’t impossible. Some buyers can see beyond the smeared carpet, the overflowing trash cans, dirty laundry scattered over in piles and messy countertops. But it sure is a lot more challenging that selling a sparkling clean one.
The Real Estate Council of Ontario (RECO) did a study last fall to determine what the challenges were for Ontario home buyers and sellers.