Everyone wants to get the best price for their home. Naturally, you might think listing it at a high price is the best strategy. But what if lowering your asking price could actually yield better results? In this post, we'll discuss how asking for less can lead to a better sale for both you and your buyers.

The Psychology Behind Lowering Your Asking Price

When potential buyers see a home listed at a slightly lower price, they often perceive it as a great deal and are more inclined to act quickly. This sense of urgency can lead to increased interest and even a bidding war. By pricing your home lower, you can create excitement and attract more buyers.

Attract a Broader Audience

Pricing your home slightly lower can make it more attractive to a…

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Staging your home in a competitive real estate market gives you many advantages over those sellers that make little or no effort to prepare their homes for selling. A cluttered, dirty home with no obvious care or organization is unappealing to home buyers. In comparison, if you stage your home and declutter, clean, add some fresh paint and open up the rooms, your home will attract buyers. These simple and inexpensive tips for staging a home will help give you ideas and prepare your home to sell fast.

What is Home Staging?

Staging is all about making it look good to potential buyers. Buyers want a home that provides functionality, spaciousness, and has all the features they want. They're not interested in repainting, changing out all the carpeting or…

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fail-a-home-inspection-inspectorThe point of a home inspection is to uncover any issues that the home may have. Obviously, it's very important for both a home’s seller and prospective buyer that the property pass the inspection. Passing means no serious issues have been discovered. A house inspection is simply a visual evaluation of its condition. Think of it as being similar to an annual checkup. A failed inspection is kind of like uncovering something bad during your physical. Just like your doctor, the inspector will point out all the things that need to be repaired or replaced.

What is Covered in an Inspector's Report?

This will vary depending on the inspector; however, most inspection reports will tell you about the condition of the following areas:

  • The heating and…

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Are you planning to sell your Sudbury home? Avoiding common mistakes can make a significant difference in the success of your sale. Here are seven pitfalls to steer clear of:

1. Neglecting Curb Appeal: First impressions matter! Neglecting the exterior of your Sudbury home can turn away potential buyers before they even step inside. Invest in landscaping, touch up paint, and ensure your home's facade looks inviting.

2. Overpricing: Setting the right price is crucial. Overpricing your Sudbury home can lead to it sitting on the market for too long, potentially deterring buyers who perceive it as overvalued. Work with a real estate professional to determine a competitive yet realistic price.

3. Ignoring Repairs: Deferred maintenance can lower your…

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Many people depend on the sale of a home to finance a newer home or other important expense. However, you need to keep in mind that just because your home sold for $450,000, it doesn't mean that will be the amount in your bank account. There are several closing costs that will take a small but noticeable percentage of the sale price. Here are some other expenses that you as the seller should be prepared for.

Costs Associated With the Property

Depending on the type of property, you might have homeowner's association costs, maintenance costs, property taxes, municipal assessments, and other bills associated with your home or condo. If so, these will need to be paid in full when you hand over the real estate. In addition, you must pay to remove any…

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energy-saving-ideas-cooling-unit-imageSaving energy on necessities means more money for luxuries. However, many people believe that expenses that are malleable are somehow set in stone. This is far from the truth! Here are seven ideas that can save you energy and bolster your bank account to redirect into luxuries or the other niceties of living.

Lower the Reading on Your Thermostat by a Few Degrees

There is a reason your thermostat is so easy to reach - it is meant to be used! However, instead of using it to simulate a sauna or a personal ventilation system, you can use it to maintain a constant temperature of convenience and use less energy when you’re not in need of it.

When you’re not at home, you aren’t affected one bit by the temperature inside. Turn the thermostat down to…

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basement-decor-mistakes-imageThere are so many options for turning a basement space into something more desirable, but sometimes it can feel like too much! Here are some ideas about what not to do instead.

The First Thing Not to Do

"Neutral" is a favourite colour of redone basements because there is less natural light. You don't have to be afraid of colour when you put good lighting into the new space. Bright colours often make a room seem lighter at times, and if it improves your mood, win-win.

Flooring - Help!

Carpeting is warm and soft in a downstairs room, and it adds colour or retains a neutral palette. It still might be a no-no. Consider these uses for your basement:

  • Crafts and painting
  • Food and drink
  • Romping children
  • Planting soil

Hardwood…

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Top-Home-Seller-Mistakes-for-sale-imageIn a buyer's market, selling a home can be a tricky proposition. Homeowners must walk the fine line between being gracious hosts and assertive salespeople when attempting to make the sale. By understanding the most common mistakes that sellers make, you can sell your home quickly and make the most profit.

Skipping Seller Prep

You will need to make your home sparkle and shine in order to attract the most buyers. Have the lawn professionally landscaped and manicured, give the exterior a fresh coat of paint or cleaning and have the interior thoroughly cleaned. Buyers need to be able to picture their own belongings in your home, so clear away clutter and personal effects before showing. Family photos, trophies and knick-knacks hurt sales, so tuck them…

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new-versus-established-neighbourhoods-imageDeciding where to look for a new home is one of the biggest decisions you will make as a future homebuyer. Unlike virtually everything else about a home, one thing you can never change is the neighbourhood where the home is located. Therefore, it’s important to make an informed decision about where you want to live and to visit several possible areas. After narrowing your search down to neighbourhoods that are convenient to your work, or to your child’s school, or are just places you would like to live, one of the first questions you must ask yourself is whether you would prefer to live in a new neighbourhood or an established one. There is no easy answer; there are pros and cons to both.  

Established Neighbourhoods

If you have ever…

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summer-recipes-hummus-imageNothing says summer better than a backyard party with tons of food, friends and outdoor fun. For your next bash, why not incorporate recipes featuring locally grown produce and meats? For example, residents of Sudbury can celebrate all summer long with homegrown, organic and farm-fresh produce. The annual Sudbury Blueberry Festival puts the spotlight on blueberries, but throughout the season you can find plump, juicy strawberries; organic chickpeas; pastured pork; and hand-picked herbs and greens like cilantro, baby spinach, kale, and garlic. Sounds yummy right? The following summer recipes are sure to make your backyard party a family and friends favourite.  

Homemade Hummus with Garlic Toasted Pita Chips

Before firing up the grill, make a…

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