For today’s blog I’d like to officially launch our Seller Guide Series. We’ve put quite a bit of work into it over the last few months so I really hope you enjoy it.
What’s included is a seller’s guide booklet as well as a vlog/blog series. We’re going to be dropping an episode every week for the next couple of months. The Seller Guide Series is going to guide you through the entire home selling process, from start to finish. It’s going to give you an idea of what you should be watching out for, obstacles you should be aware of, questions you should be asking real estate agents if you’re going to be interviewing, and just general things you should know that will make your home selling experience a lot more enjoyable. If you’re not planning on selling with a real estate agent, you might be a private seller, this seller’s guide is going to be helpful for you too. Also there’s no cost or commitment for any of this.
The average person will not move more than 3-6 times in their entire lives. So you may have questions about what the process entails, especially because it’s one of the most expensive assets you’re ever going to own. Last year I had a couple of family members in other areas of Canada, as well as the United States, markets that I don’t service, end up listing their properties and then half way through they were contacting me. They were asking me some questions because they were starting to second guess their realtors and I realized that a lot of the questions they were asking could’ve been avoided if they had done the proper due diligence before they hired somebody.
This is just to kind of help make your process a little bit easier. Like I said, there’s not cost for this. If you’ve got family in Vancouver or the United States that is planning on moving and they’re not sure what to do, feel free to send this seller’s guide because I’m telling you they’re going to be able to take at least something out that’s going to help them with their selling experience.
For today I want to talk about why it is so important to keep a close eye on your property values. Your home is more than likely going to be one of the most expensive assets you’re ever going to own so it makes sense to know where the property values are. The media will offer a basic overview over major markets such as Toronto, Vancouver, Montreal, even my own market update that I do on a monthly basis is for Durham Region as a whole. A personalized market evaluation is going to be more localized to your area and specific to your home. You’re going to get a much more accurate understanding of what your home is actually worth.
We’ve had a fairly volatile 18 months, the market went completely irrational, property values sky rocketed 40% in one year and then we saw subsequent pull back of about 20% in 3 months, which I was expecting.
I always recommend my clients to get a rough idea of what their home is worth every 2-3 years just to keep a close eye on it. However, it’s even more important when your market is seeing such crazy volatility. Now that prices have stabilized, you just want to get an idea as to where your property values have currently landed.
If you’re curious to know what your home is worth, but you don’t necessarily really want to have a real estate agent come through because you don’t want to feel pressured into selling or you don’t want to waste their time, we offer free, no-obligation market evaluation for everybody out there. If you ever want to know what your home worth, feel free to give me a call. I’d be more than happy to set up an appointment with you and give you a personalized market evaluation. But again, if you don’t want to have a real estate agent come through your home or you don’t want to meet with anybody and you just want to get a rough idea what your property is worth, we’ve got a solution for you as well. Click here, type in your information and we will give you an online market evaluation.
This is even more important for all of the landlords out there. If you own real estate as an investment, you should be keeping a close eye on annual basis, just like you would be looking at your mutual fund account or your stocks. You want to get an idea as to what’s happening with your portfolio because it’s going to give you a much better idea on how to move forward once you get a snapshot of what the current values are at. If your ratios are out of whack, maybe it’s a good time to refinance or maybe it’s a good time to buy, you won’t know unless you’ve got a good idea as to what the values are currently at.
So, if you’re a homeowner or landlord, we offer a free no-obligation market evaluation or if you just want an online one we can offer you that as well.
If you don’t want to wait for the coming weeks for more content and want to get a quick idea as to what the Home Seller Guide looks like you can sign up for a free copy here.