RECO (Real Estate Council of Ontario) presents a 10 question real estate quiz to test your knowledge of the buying or selling process. See how well you do! And of course I’m here to answer your real estate questions.

When you decide to sell your home, you have a big decision to make. Do you hire an accomplished and informed real estate agent, or do you try to sell it on your own? Here are some of the advantages of selling your home with an Ottawa real estate agent:

Time Commitment

The entire process of selling a home takes a lot of time. Listing the home, promoting it, hosting open houses, arranging showings, attracting suitable buyers, conducting negotiations…it takes a lot of time and effort. You are likely already busy with a full-time job, and selling your home is another full-time job of its own. When you sell your home with a real estate agent, they take on this time commitment so you don’t have to worry about a thing.

Exposure

So you’ve decided to sell your home, now what? If you just place a “for sale” sign on your lawn and hope for the best, don’t expect to see much action. Your real estate agent, on the other hand, knows how to promote your property and generate exposure. From listing the property on online listing sites to promoting your home on social media and generating attention for open houses, your real estate agent knows how to attract desirable buyers.

Market Knowledge

Pricing your home correctly requires an intimate knowledge of the present and historical real estate market for your neighbourhood and homes like yours throughout the city. If you sell on your own, you might price yourself out of the market or set such a low asking price you get ripped off. Your real estate agent has the market knowledge to set the right asking price that reflects your home’s value but helps close the deal quickly.

Networking

You can try to tell your family and friends about your home, but beyond that it can be hard to find a desirable buyer. Your real estate agent has many industry connections that can be used to find the right buyer for your home. They can network with other agents and find out if they have any clients that are looking for a home exactly like yours.

Negotiations

Negotiations can be difficult when you are selling your own home. It is hard to distance yourself from your emotional connection to the home or from feeling insulted during the negotiation process. Your real estate agent has plenty of experience with negotiation. They can keep the negotiation process professional and efficient. Get your home sold without the emotional messiness.

Ottawa real estate agents have the time availability, promotional skills, market knowledge, networking connections, and negotiation ability to sell your home so you can move on to the next adventure.