CENTURY 21 Heritage Group Ltd., Brokerage*
- #3 & 7-11160 Yonge Street
Richmond Hill, ON L4S 1H5
Welcome to my Website
As a CENTURY 21® Real Estate professional, I am dedicated to providing you with the highest quality service possible. My personal knowledge of the local Real Estate market is combined with the power of the CENTURY 21 brand - the most recognized name in Real Estate today.
Let me assist you in finding your dream home, in a neighbourhood that is right for you, and in the price range you want. Or if you are interested in selling a property, I also have the expertise to help you get the fastest sale possible and at the best price.
I look forward to the opportunity of working for you!
Markham is a town in the Regional Municipality of York, located in the Greater Toronto Area of Southern Ontario, Canada. Markham is the largest town and ...
North York is a municipality within the current city of Toronto, Ontario. Geographically, it comprises the central part of the northern section of ...
Richmond Hill is as diverse in its ethnicity as it is in its attractions. Experience international foods from one of hundreds of restaurants in the Town ...
Thornhill is a community in the GTA (Greater Toronto Area) of Southern Ontario, Canada, located on the northern border of the city of Toronto. Once a municipal ...
Toronto is the provincial capital of Ontario, and the largest city in Canada. It is located in Southern Ontario on the northwestern shore of Lake Ontario. ...
Agincourt is a very diverse neighbourhood in Scarborough, Toronto, Ontario, Canada. It is centred along Sheppard Avenue between Kennedy and Markham Roads ...
Alderwood is a neighbourhood in the city of Toronto, Ontario, Canada. It is in the western section of Toronto, formerly the city of Etobicoke. It is bounded ...
The Toronto Islands are a chain of small islands in the city of Toronto, Canada. They are located in Lake Ontario just offshore from the city centre, and ...
should i sell through an auction
We are wondering whether we should try to sell our home by auction. What should we know about this type of sale?
In a typical transaction done through a real-estate brokerage, Ontario law prohibits one potential buyer from seeing an offer from another potential buyer.
In an auction, the bidding process is open. Potential buyers can submit a bid knowing the amount bid by other potential buyers. Some would argue this makes the process more transparent....
It also means you won’t get the protections that come with working with a registered real estate professional.
Why would a seller choose to sell through an auction? It may be a faster way of selling your property: You will quickly learn what someone is willing to pay for your property, good or bad. However, there is also no ability to deal with individual bids once the auction has begun. As soon as that hammer comes down, your property will be sold to the highest bidder, assuming it reaches any reserve bid.
Article Continued Below
While working with a brokerage may not bring such rapid results, one of the benefits of working with a registered salesperson is that they usually bring opportunities to negotiate individually with prospective buyers.
Another difference is the level of protection available to consumers.
In Ontario, all real-estate salespersons and brokers must be registered. They must also comply with the Real Estate and Business Brokers Act, 2002, and its Code of Ethics, and they offer their services through a registered brokerage. In addition, a buyer’s deposit is held in a real estate trust account of a brokerage and is insured against fraud, insolvency or misappropriation by the brokerage.
Auctioneers are not licensed in Ontario. However, there are a number of rules and legal requirements that apply to their services and auctioneers can also choose to be a part of existing professional associations that have codes of conduct members must follow. There are also some auctioneers who are registered real estate salespeople.
If you decide an auction is the way to go to sell your home, there are companies who offer this service. You may want to consider interviewing several, ask if their auctioneers are members of a professional association and request references.
You should also be aware of your rights and obligations, and fully understand the process.
For example, what services will be provided to you and at what cost? How will you and the auction house set the starting price for your home? Do you want to set a reserve bid — the lowest amount you will accept?
Once the auction is over, will the buyer have an opportunity to place conditions — such as financing or an inspection — on a bid? And who will be responsible for all the paperwork involved? As always, be sure to fully understand your contract before signing on the dotted line.
How you sell your home is a personal choice, so do take some time to weigh your options and invest the time to make the right decision.
7 reasons your house may not be selling
1. Good photos matter
More and more, buyers are being introduced to properties online. Pictures and videos matter. Before you take any picture, make sure your home has been properly de-cluttered, inside and out, and consider staging tips that will make the rooms appear larger. Pictures from your own iPhone will not impress anyone. Make sure all photographs are taken by professionals.
2. An MLS listing isn’t enough
In addition to the MLS, your home needs to be marketed on social media and should be directly advertised to other real estate agents, here and abroad, who are more likely to bring a buyer to your home. Foreign investors want Canadian real estate, as they view it as a safe investment. You need to reach every potential buyer.
3. The price isn’t right
A home is likely to attract the most interest within the first two weeks it is listed for sale. If the home is overpriced, buyers will move on. Be realistic when you set a sale price. Check out the competition and see what recent sales have been in the area. Remember, the longer a house sits on the market, the more likely that people will start asking whether something is wrong with it.
4. Buyers can’t get in to have a look
You never know when a potential buyer will want to see it. It might be late in the evening or at other times that are not convenient for you. If you say no, the buyer will typically just move on to the next home for sale, where the owner is more accommodating.
5. Your timing is wrong
Most buyers like to close before the beginning of the school year, to avoid too much disruption. Since closing usually happens 60 days after the offer is signed, you want to try to time your sale to happen between April and June. People generally go on vacation in the summer.
6. The house has a stigma
Sometimes two homes look similar, but one backs on to a ravine and the other to a hydro line. Make sure your agent asks for feedback from people who have seen your home but have decided not to put in an offer. If there is something outside the home that is bothering buyers, either figure out how to address it or adjust your price. If your neighbours know about prior problems with your home, be upfront and tell buyers in advance. They are going to ask the neighbours anyway, as part of their due diligence.
7. You have the wrong agent
When you interview agents, it should never be about choosing the one with the cheapest price. You have too much money riding on this choice. Ask any agent you interview about their own marketing plans and social media presence, and above all, get references. In addition, ask a simple question: Why should I hire you? If they can’t demonstrate why they are different, move on.
Pre-Approved Financing may not be enough for home purchase
Lenders are more frequently asking for an appraisal of a property just prior to closing. If the appraisal is less than what the buyer paid for it, then the lender may either reduce the amount of the mortgage loan or just cancel the loan altogether. Just because you are pre-approved for a mortgage does not mean you will get the full amount. Make sure that your lender has completed its appraisal before you waive any financing condition: