Understanding Market value!

by Norm Rousseau 2. November 2011 17:51

If you were going to sell your car, what would you do? Well, you would probably check the classifieds section of your newspaper to find out how similar vehicles to yours are priced.

Then you would set your advertised price within that range. What you would be doing, perhaps without knowing it, is determining the “market value” of your car.

Market value is simply what buyers today are willing to pay for a particular product. When you decide to put your house up for sale, one of the first things you and your REALTOR
® will do is determine the market value of your property. That’s important to know because if you price your home too much above its market value, you probably won’t get any offers. Alternatively, if you price your property too low, it might get snapped up quickly but you’ll have left a lot of money on the table.

How does a REALTOR® help you determine your home’s current market value? He or she will look at a variety of factors, such as the desirability of the neighbourhood, the features of your home, how well it has been maintained, renovations and other improvements you’ve made, and of course, its location.Your REALTOR

® will also review what similar homes in your area have sold for recently – which is, perhaps, the strongest indicator of current market value. Once you know the market value of your home, you can make an informed decision as to how to price it so that it will attract the right type of buyers and the best possible price. Should you price your home high above its market value in the hopes that some unwary buyer will purchase it? Unfortunately, that rarely works. The good news is your property may be worth more than you think. One of the best ways to find out is to invite a good REALTOR® to your home to do an assessment.

Looking for a good REALTOR®? Call us today.

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Should you Hire a Professional Home Stager?

by Norm Rousseau 2. November 2011 17:41

You’ve probably heard about home staging. It involves decorating your home so that it looks attractive to potential buyers. “Staging” can be as simple as cleaning and decluttering, or as elaborate as making each room look like it’s part of a high-end model home.

There’s no doubt that staging can help sell your home faster, and for a better price. The question is whether you need a professional home stager to help you. That depends on a lot of factors. Your home may already look great, or it may need some extensive staging to make it look its best to potential buyers.

A good REALTOR® we can help you decide.

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Do Buyers appreciate the "Lived in" look

by Norm Rousseau 4. October 2011 08:52

Family pictures on the fireplace mantle. A friendly dog lying on a mat in the foyer. Dinner cooking on the stove. Kid’s toys scattered in the hallway. Closets stuffed with clothes.
Those are the unmistakable signs that a family is living in the house. But does that “lived in” look appeal to home buyers? In most cases, no. Home buyers know, of course, that a family still lives in the home. But if you have constant reminders of that throughout your property, some buyers will feel like intruding strangers.

So when preparing your home for sale, remember: buyers want to visualize themselves living in the home, not you. 

More...... The informed home buyer seller.pdf (664.52 kb)

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Getting a handle on the home selling process

by Norm Rousseau 2. June 2011 19:27

You probably know there’s more to selling a home than putting up a FOR SALE sign. But if you don’t understand the process in detail, you might feel intimidated and stressed when it comes time to put your property on the market. Fortunately, the home selling process isn’t that difficult to understand. There are basically six steps. More..... Informed Home Buyer Seller June 11.pdf (805.57 kb)

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Does your home have a lot of personality?

by Norm Rousseau 3. May 2011 18:32

There’s nothing wrong with that. In fact, you may have pictures on the fireplace mantle showcasing happy family memories over the years… or trophies and other
awards in the kids’ bedrooms that represent achievements that make you proud… or a fridge door covered with notes, a calendar and other items that make it a de facto family bulletin board!

These are all things that help make a house truly a place to call “home”. But when it comes time to sell, all that personality can work against you.When buyers view your property, they want to visualize themselves living there, not you and your family.

Have you ever noticed how model homes are often furnished and decorated? All the rooms look beautiful and enticing. They draw you in.Why? Because, although all the rooms in the model home look great, they’re also impersonal. There’s no uncomfortable sense that you’re in a stranger’s home. So you can easily see yourself living there. And that’s exactly what you should strive for when preparing your house for sale. You can’t get rid of every personal item. That would be impractical.

But there’s a lot you can do to depersonalize your home. For example, you can:
• Take down family pictures
• Clear items from the fridge door
• Store trophies in a box
• Remove personal knick knacks and similar items
• Keep only general titles on a bookshelf and store the rest.

The more easily buyers can see themselves living in your home, the more likely they are to become interested in it and make an offer. Want more ideas for making your property look even more appealing to potential buyers? Call us today.

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