Boost your house resale with color. It is the most inexpensive yet effective way of attracting potential buyers, and closing a sale.

First impressions are important in marketing and selling properties. For home resale home stagers and color consultants can help you make a good first impression that could be the difference between having a prospect step out of the car to look at the rest of the property, or drive by.

You can hire a professional color consultant to help you choose the right exterior and interior color schemes, and which rooms can be highlighted with which colors. To this end, your Brampton real estate agent can help by providing a list of people he has worked with in the past. At the most, a color consultation would cost around $150.

Most color consultants agree that going neutral works best because buyers can see their own furniture, photos and art deco fitting in. Neutral shades include white, gray and brown. Loud colors may clash with a buyer’s personal things and turn them off.

Focus on the front of the house, its entrance and the main living area. Homes which exterior were painted with a shade of yellow or tan sell faster within the lower price range, while muted, complex shades attract highly educated buyers, according to Jeanette Fisher, author of the book  “Joy to the Home: Secrets of Interior Design Psychology.”

Ensure harmony when suing color and be cautious that they do not clash. Exterior colors should be brought into the house to create harmony. This could be done by choosing a shade lighter than the exterior colors.

Fisher also suggests that you consider the use of the room when choosing colors, like choosing “food colors” for the kitchen and dining areas.

First impressions can make or break a sale. It helps prospects when they are “visually purchasing” a property.  Follow these tips, make a good impression and sell your home fast.*

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Survey fees. Your bank or lending institution may require a property survey when you are buying a resale. This can be a hefty amount. You can ask the home seller to provide the survey when you submit an offer to purchase. This could save you as much as $1,000.

Appraisal fees.  This is another lender requirement. Property appraisals costs anywhere from $200 -$300.

Property insurance. This covers the replacement of your house and its contents starting from the day you take over ownership.  Take precautions that you have an insurability clause stipulated in your contract because some homes are not insurable. Proof of property insurance is also required by lending institutions.

Home inspection fees. In Canada, this can be anywhere from $150 -$350, and even higher for more expensive homes. This protects the buyer from any problems in the home he is buying. Example problems are flooding in the basement; faulty wiring, etc. Your Brampton real estate agent and lawyer can provide  a list of certified home inspectors that can do the job for you.

Mortgage loan insurance. This insurance is required if your deposit is less than 20% of the property’s value. For the most, it will cost the buyer 3.5% of the total amount of the mortgages.  This insurance payment is usually paid monthly.

Legal fees. This covers payment for the services of a lawyer tasked with reviewing the offer, conducting the title search, preparing mortgage documents and looking after closing details.

Land transfer tax. This is usually equivalent to 1-4% of the purchase price of the home. Rebates are given to first time home buyers which can be anywhere from $2,000 to $3,725 for residents of Toronto.

Mortgage broker’s fee. If you used the services of a mortgage broker then you have to pay her or his services for finding a lending institution on your behalf and making the arrangements for the financing. However, some mortgage brokers will have lending institutions pay for their fees.

GST.  Only new homes and those which have undergone extensive renovation are charged with GST. Rebates are also available.

Moving costs. This is the fee you pay to professional movers.

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1) Hire a professional real estate agent As already mentioned selling your home is a major decision which means it is a major financial transaction.  Trust only a professional realtor to help you sell your property fast at the maximum price.  Some people think they would save tons of money if they get their relatives to sell their properties for them. This is a serious mistake. Only resort to this if your relative is a realtor. Otherwise you might end up selling your property for a lesser price. Or if it could stay in the market for a longer period of time.

When you are working with a real estate agent make sure that you are not locked in a contract by including a guaranteed clause. Your agent will understand that you only want to protect yourself, and that you’re both working together as a team to move the sale fast at the best price.

2) Sell when the market is hot. You have a better chance of selling at the price you want when the market is hot. However, when you buy property in the same market prices would also be higher.  This means you need to be aggressive in your next buy.

If you don’t want to sell when the real estate market is cool you can invest in improvements and repairs so you add more value to your home while waiting for the market to get stable.

3) Keep in mind your Days on Market. Your chances of selling your home at the price you want diminishes the longer that it stays on the market.  When your property stays in the market for more than one month it becomes a stale listing.  When this happens take the necessary steps to move the home sale fast like reviewing your price, making some repairs and staging an open house with the new information.

4) Competitive pricing. As mentioned above price is a huge factor in determining how fast you can sell your house. Don’t overprice. Selling prices are determined by current market conditions and even a minimal 3% over the market value will turn away prospective buyers. If the market is too weak and gives you a very low selling price, you can wait it out until the market improves.

5) Never lie. Don’t lie about room sizes, unfinished basements, square footage.  When you lie about these matters in your listings you will disappoint prospective buyers.  It’s very hard to turn around disappointed people so be honest.

Observe this 5 smart tips and see just how fast you can sell your home.

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So what’s this all about?
Simple: I charge low commissions to sell houses. I work with Remax and have been selling houses in Brampton for the past 10 years. Over 85% of people search for homes on the Internet making my job much easier. There is less leg work involved compared to 10 years ago. I pass the savings on to you.

AND I reply to all emails within 14 minutes!

My commission plan:
1% commission goes to me for listing the property.
2.5% commission goes to the buyer agent for bringing in a qualified buyer.
That’s it. No tricks, No hidden fees.

With this you get full service such as:
1. Upload listing on MLS
2. Have a professional photographer come in to take pictures (see sample)
3. Put together a panoramic virtual tour (not just a slideshow) (see sample)
4. Email listing to all local (and active) agents (regardless of which company they are with)
5. Put up a lockbox for convenient showings
6. Design Full Colour Feature Sheets
7. Install a Remax For Sale sign
8. Email listing to my buyer database for Brampton
9. Booking all showings
10. I negotiate the offer personally
11. and much more…

It is indeed full service from A to Z
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