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Real Estate Weekend Digest, Friday, August 17, 2007 15 10 STEPS TO SELLING YOUR HOME Many helpful tips can be found on the MLS.ca website. What is MLS.ca? MLS.ca is an advertising vehicle provided by REALTORS® across Canada to help market properties. It also has advice on Selling and Buying your home. The following are the first steps in Selling Your Home. 1. Decide When To Sell Is it a buyer's or a seller's market? How quickly do you need to sell your home? Are you also buying a home ­ Sell first or Buy first? 2. Find a Realtor Who is Right For You Your REALTOR® who helped you buy your current home Think locally Interviewing REALTOR® Should you choose the REALTOR® who suggests the highest price? 3. Sign a Listing Agreement Authorizes your REALTOR® and their brokerage to market and sell your home. Relationship between you and the real estate brokerage. Price, commission, description, legal info, dates, etc. 4. Determine Your Home's Asking Price Setting the price too low means you could miss out on thousands of dollars. Setting the price too high can scare away willing buyers, leaving your home on the market too long or maybe not selling at all. Your goal is fair Market Value ­ The maximum amount a buyer is willing to pay. Established by your REALTOR® doing a CMA, Comparative Market Analysis 5. Add a Lawyer to your Team Similar to when you bought your home, it's essential to have a lawyer handle all the various legal documents that change hands. 6. Prepare your Home For Sale Time to see your home through the buyer's eyes Get rid of clutter, clean everything, repair everything, paint, landscape Weigh the cost of improvement vs the potential return 7. Let Your REALTOR® Market Your Home For sale signs, advertising, power of the Internet and REALTOR® Websites, agent open house, private buyer Showings of your home 8. Prepare Your Finances Discharging your mortgage or is it portable, assuming your mortgage, bridge financing, tax implications, capital gains tax, land transfer tax when buying your next home, GST 9. Receive An Offer Your REALTOR® will walk through the process, especially Price and Conditions Buyer's REALTOR® will probably be present Your REALTOR® will work hard to negotiate the best deal for you. There are 3 responses: Your can accept. Your can reject. You can `sign back' or `counter' offer. 10. Close the Deal Your negotiations were successful and you have a legally binding agreement. It is time for the vital final steps know as `closing'. Contact lawyer, lending institution, utilities, insurance, moving company, post office. REAL ESTATE CORNER Lynn and John Drewry Congratulations! We encourage you to send us your questions and ideas for future articles at john@lynnandjohn.ca or 905 873-0440. Lynn and John are with Re/Max Realty Specialists Inc., Brokerage, one of the largest Re/Max franchises in Canada with 5 offices and over 480 sales representatives. Lynn and John work and live in Georgetown and have enjoyed a successful business in real estate during the last 12 years. John is a Broker and Chartered Accountant (FCA). Wildwood Realty Inc. 85 GUELPH STREET, Georgetown BRUCE ELMSLIE President - Ext. 2 Broker of Record*** BROKERAGE 905- 905-454-8706 $299,900 BRAMPTON LINE Serving Halton Hills Area Since 1970 873-8839 CHECK OUT OUR LISTINGS ON THE WEB . . . WILDWOODREALTY.CA NEW PRICE SOLD by Who's N $649,900 NEW REALTY!! WILDWOOD ext? LOTS OF GOOD SURPRISES! This charming bungalow has 3 big bedrooms and a long, bright living room, all with 6" random length hardwood flrs. Terrific century feel carries into eatin kitchen with "Terra Cotta" style tiles and W/O to private fenced yard. Delight your kids and dog! Downstairs, newly renovated rec room, 4th bedroom and 2 pc bath. Pot lights & Berber carpeting. W/O from here to driveway, garage and workshop. Central air/vac. Call Bruce*** or Linda*. WW-1050 35 ACRES BETWEEN GEORGETOWN AND MILTON LINDA ELMSLIE MARGARET OSTRANDER-FLEET TONY FITZSIMONS JENNIFER ELMSLIE DIANE (Fobert) WALSH Sales Representative* Sales Representative* Sales Representative* Broker** Sales Representative* Ext. #3 Ext. #7 Ext. #5 Ext. #4 Ext. #6 NEW $314,900 NEW $534,900 CALEDON COUNTRY One acre, 4 bedrooms, 4 bathrooms, open concept living area - custom kitchen has granite counter tops and top of the line cabinets, gleaming hardwood, Florida room. Stunning lower level completely finished. Natural gas heating. Heated garage. Wonderful setting - Caledon Golf Club location. Call now to see - ask for Bruce***. $679,000. WW-1037 $509,900 PHOTOGENIC!! NO SPEEDING IN BALLINAFAD!! We have the recipe for relaxation you've been waiting for! Custom brick home with curb appeal set on lush green acre amongst stately trees. Quality front door entry opens to generous foyer. Long bright living/dining room combo, kitchen and adjoining family room enjoy tranquil views of mature landscaping; a haven for feathered friends. Large master bedroom with adjoining nursery or office, walk-in closet and ensuite bath. Main floor laundry, updated powder room, and of course central air conditioning. Flexible closing available. Asking $509,900. Call Bruce*** or Linda* to view. WW-1008 $399,900 FABULOUS END UNIT TOWNHOUSE!! Stunning decor, central air, central vac, easy clean vinyl windows, open concept kitchen/family rooms, dark stained hardwood flooring. Fully equipped kitchen with built-in appliances. Second floor laundry. Master bedroom has beautiful 4 pc ensuite bath and walk-in closet. Finished basement with sliding door W/O to huge sundeck and private yard. Flexible closing Be Quick!! Make it yours!! Ask for Bruce***. WW-1051 DOWNTOWN GEORGETOWN . . . STORE PLUS APARTMENT . . . HUGE REAR YARD!! One owner free standing concrete block building, built in 1957 and occupied by the owner until recently. Owner operated a T.V. sales and repair store and lived upstairs in the 2 bedroom apartment. 1130 square feet on store level, plus full high and dry basement below. Huge rear yard 132' deep. Excellent opportunity to have your business and residence at the same location. Lots of customer parking. Zone C-2 Commercial. Immediate possession available. Call Bruce Elmslie***, Broker/Owner of Wildwood Realty Inc. for a personal tour Full asking price $399,900.. WW-1043 Any way you look at it, this pretty brick 2 storey home is a contest winner! Step inside, large entrance foyer, ceramic floors through to huge eat-in kitchen. Modified main floor family room with custom built-in entertainment centre. Master bedroom has full ensuite bath & walkin closet. Fully finished basement has family room and fireplace, games room and 5th bedroom, plus 3 pc bathroom. 50' x 112' lot. Preferred address in Georgetown South. See today. Ask for Linda* or Bruce***! WW-1048 NEW PRICE SOLD by Who's N $269,900 NEW NEW REALTY!! WILDWOOD ext? SOLD by Who's N STUNNING HOME ON 10 ACRES!! COUNTRY LIVING 1 ACRE - BACKS ONTO HORSE FARM! REALTY!! WILDWOOD ext? SOLD by Who's N $243,900 REALTY!! WILDWOOD ext? ONE FOR THE MONEY! Bruce Elmslie is Committed to satisfaction : When You Purchase Your Home Through Me And You're Not Completely 100% Satisfied For Any Reason ... I'll Sell It For FREE ... It's Just That Simple!! "QUALITY SERVICE FROM SIGN UP TO SIGN DOWN!!"