Real estate is full of jargon and it can add layers of confusion to an already convoluted process. We've created this selling real estate glossary to help you learn the vocabulary. We hope you find it useful in brushing up on a few terms. Selling real estate glossary Agency agreement A legally binding contract Appreciation An increase in the value of a property Asking Price This is the listed price...
Whether you're selling a little apartment or a large mansion, knowing how to stage your house for sale is critical to attracting potential buyers. It may appear to be extra work or expenditure, but it may make a big difference, adding five to ten per cent to the final sale price. Furthermore, if money isn't enough of an incentive, data suggests that staged homes spend less time on the market. It takes more...
The sale of a home is driven by a variety of factors. For some sellers, it could be the natural progression of life. While other sellers are forced to sell their property because of circumstances. No matter the reasons, selling a home can be hard both physically, emotionally, and mentally. It marks a significant change in your life, an end of a chapter and the start of a new one. Unsure of whether you...
As a homebuyer, you don’t want anything to jeopardize your chances of closing on the home you’ve selected. Many people can't afford to buy a home without applying for a mortgage. Therefore, if you need to get a mortgage, it's critical to prepare so that you're a suitable candidate for one. Making any of the following mistakes may lower the amount of financing you are eligible for. This may result in a...
Open houses are used by about half of all homebuyers to assist them in finding a property. You're well on your way to a good showing if your property is clean, priced right, and located in a high-traffic neighbourhood. The more meticulous you are in your planning and execution, the more likely you are to receive a decent offer as a consequence of your open house. You might even get an offer right away....
Buying a house is a big step and can be daunting. This is likely to be one of the most expensive transactions you’ll ever make. Once you have identified the ideal property, you then need to decide how to bid for it. Do you put in a high offer to clinch it, and risk wasting money? Or a low offer and risk losing your dream home? What are the best tactics to ensure you get the perfect property at the best...
The commercial side of real estate can be an appealing proposition for any investor. It offers you the ability to dip into a new pool of clients and grow your business interests. It's no surprise, then, that interest in commercial property investment has been escalating. However, commercial real estate investing is quite different to the residential side of the business. Knowing when to invest in...
There are many reasons to hire a seasoned, reputable and professional real estate photographer to take shots of your listings. An expert photographer can make the homes you represent look as appealing as possible to buyers. There is no question that good quality photos will ultimately improve your real estate lead generation efforts. Keep reading this guide to picking a real estate photographer so you can...
Many people are relocating to the countryside. After all, city and suburban living is becoming more expensive, noisy, and stressful. Rural and city living have always had varying levels of appeal for different people in different phases of their lives. As you can imagine, there is a lot to consider before settling into a new location. This will help you identify the best option for your individual...
Are you in the market for a new home? Most homebuyers often focus on the qualities of a property when house hunting. Certain criteria to check off your wish list includes things like a large kitchen, an attached garage, or proximity to amenities. And one of those nearby amenities could be a school. But is living close to a school actually a good thing? In some cases, it can be, but there are drawbacks...