Selling Privately

Try it Private You Can’t Afford Not to!!

 

Anyone telling you that selling a home is totally stress free has obviously never sold one. Whether you market your home using a real estate agent or with the help of a marketing company such as IM For Sale By Owner you will experience some stress. The amount of stress that you will endure is based on what method you choose when selling your home. Take a look at the differences.

Using IM For Sale By Owner

prepare interior and exterior of your home

 

clean, clean, clean

 

determine asking price, we can provide you with market comparables (Let’s say you decided on $300,000) *

 

for sale signs installed by our sign person

 

we put a transmitter in your home so people driving by can tune in on their radio and hear all about the interior and price

 

ads are developed and photos taken by our consultant, you will decide where & when you advertise

 

advertising on 2 websites both providing you with coloured feature sheets

 

top quality interior & exterior photos displayed on both websites

 

potential Buyers can call your home or email IMFSBO and we will contact you with any information

 

you arrange the showings around your schedule

 

forms will be available if potential Buyer’s would like to make an offer, that they can take to a lawyer

 

potential Buyers can contact you to discuss offer or their lawyer will call

 

a deal is normally achieved quickly and easily dealing directly with the Buyer

 

offer has been excepted by both parties (Let’s say you agreed on $295,000)

 

buyer deals with a mortgage professional and a home inspector in order to meet conditions

 

conditions are removed from Buyer’s lawyer

 

your job is complete

 

the lawyer begins to prepare the closing paperwork

 Using an Agent

prepare interior and exterior of your home

 

clean, clean, clean

 

pricing is decides by agent but final decision is yours (Let’s say you decided on $300,000)

 

for sale signs installed by your agent

 

type and frequency of advertising decided by agent

 

interior photos may or may not be advertised by agent

 

colour or black and white feature sheets with or without  photos are provided by agent

 

interested Buyer’s are directed to the agents office or answering service, waiting for agent to return call

 

the agent will booked showing when they are available

 

Buyer’s agent draws up offer and pages your agent

 

you decide to counter the offer

 

your agent calls the buyers agent back

 

offer has been excepted by both parties (Let’s say you agreed on $295,000)

 

conditions know need to be met

 

2 most common conditions are financing and home inspection

 

buyers call a lender and home inspector

 

the Agents job is complete

 

the lawyer begins to prepare the closing paperwork

HOME IS SOLD

You pay $1,311.45 (Quicksell + GST)

Your portion = $293,688.55

HOME IS SOLD

You pay $14,750.00 (5% commission + GST) Your portion = $280,250.00

Some interesting facts

If you earn $20/hr you will need to work 545 hours to earn $10,914.00

On a $170,00 mortgage at an interest rate of 5.5% it will take you 3 years of monthly payments to accumulate $10,914.00 in equity!

 

If you are interested in using IM For Sale By Owner marketing tools please call and we would be happy to set up an appointment to meet and show you how we can help.

905-924-5478 or doreen@imfsbo.ca

 

*performed by third-party service providers and not I.M. FOR SALE BY OWNER INC