FSBO- FOR SALE BY CONDO OWNERS - How to make it work.

 

With the advent of the Internet and with more and more Buyers searching for houses online, many home and condo owners are trying to sell their property on their own.  For Sale By Owner.

My sister chose this method in Windsor and I realized, more would likely do the same if they had the time and support of a Realtor. Especially when it came down to negotiating terms and price and completing the contractual details.

With the Internet you'd think it would be a lot easier to sell: For Sale By Owner but the reality is different.

Here are the top 3 reasons people fail trying the For Sale By Owner method.

1.  For Sale By Owner web sites can never get you the same market exposure than the local MLS.

2.  Most Buyers are uncomfortable negotiating with a home owner directly, even when they like your home.  Having to complete a contract on their own is even more stressful.

3.  Agents with Buyers looking for homes like yours will stay away because they won't get paid a commission

Some sites offer a FLAT FEE MLS solution which covers the Market Exposure part and pays a Buyer agent for bringing a client, but it leaves the home owner vulnerable to negotiate the price and contractual details. 

I offer A Hybrid FLAT FEE MLS Solution... this covers the Market Exposure part, pays Buyer agents, helps you with any private Buyer and takes care of the contractual details.  You won't ever feel you are alone.

So if you are looking succeed while attempting to sell FOR SALE BY OWNER.  Check out our Hybrid FLAT FEE and LOW cost Full MLS service packages.  

Since everyone has different needs and wants there are 4 packages that will benefit and fulfill the needs of most Sellers.

Jas Jagpal, REMAX Dynasty, 647-272-6629  jasjagpal@rogers.com  http://www.ForSaleByCondoOwners.com

 

 

 

 

 

 

 

 

 

 

 

© 2010- Jas Jagpal, Remax Sales Representative, jasjagpal@gmail.com ; 647-272-6629

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos, Toronto Real Estate: www.JasJagpal.com

Posted on: www.1stoprealestate.ca : www.LinkToMorningside.comwww.MarkhamBoxgrove.com

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UNIQUE Buyer Questions in Real Estate Transactions

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos Real Estate: http://www.JasJagpal.com

Here are some unique buyer questions that are not commonly asked.

1.  Can Seller Pay Buyers closing costs including property transfer fees? (land transfer tax)

-  Absolutely!  It must be written into the Purchase and Sale Agreement.  It could be an incentive offered by the Seller to sell his house... especially in a slow market.

2.  I have a rental property and I'm looking to buy my own home.  What percentage will I need to for a down payment?

-  5% down is all you need.  Obviously you need to have good credit and be approved for the mortgage and will incur CMHC insurance costs... unless you can come up with 20% down.

3.  Does a railroad in your backyard ACTUALY decrease value?  Does it matter if it is behind an opaque fence?

-  Think like a Buyer.  Would you buy a property with a railroad running behind you and pay the same as if you were on a quiet circle?  No!  So definitely it will decrease the value.  How much?  Well that would depend on the distance from your house, the noise level, the frequency the trains run, passenger or freight.  These factors will influence how much the Buyer is willing to pay and it is best to talk to an agent and get right market selling price

4.  Why are maintenance fees calculated by square foot, not number of people residing in a condo?

-  Excellent question.  Why a family of say 2 pay the same as a family of 4 who live in a 1BR + Den apartment.  We'd probably think the family of 2 should pay less for they will be using less water, hydro and amenities.  That is not necessarily the case.  A family of 2 can be irresponsible... taking 1 hour showers, leaving the lights on, wired up many gadgets, and feel cold so have the heat setting at high.  Just say that isn't the case.  How would you manage a condominium when people buy and sell, every week, move in an out, and recalculate the maintenance cost every week.  That would be a logistical nightmare.  So like the province, who charges property tax, depending on the value of the home and not how many residents live there,  Condo Corp. that maintains the building, finds it a lot easier, simpler to charge per the size of your unit. 

Formula:  Total expenses / Total square footage  = Cost per square foot. 

Maintenance Fee:  Cost Per Square Foot  x  Your Unit Size

 

If you are a buyer, looking to buy or sell in the GTA and have any questions.  Give me a call at: 647-272-6629 or visit my website at www.JasJagpal.com where you will find many tips and information.

Jas Jagpal, BSc. is a Remax professional helping clients buy, sell and invest in Condos and Homes, primarily in Markham, Scarborough and the GTA.

© 2010- Jas Jagpal

Jas Jagpal, Remax Sales Representative, jasjagpal@gmail.com ; 647-272-6629

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos, Toronto Real Estate: www.JasJagpal.com

Posted on: www.1stoprealestate.ca : www.LinkToMorningside.comwww.MarkhamBoxgrove.com

 

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Who Is going to Clean my Toronto House?

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos Real Estate: http://www.JasJagpal.com

I was talking to a fine real estate agent in my mastermind group about a listing of her's that she is frustrated with.  The house has been on the market for a little over a month, in a nice neighborhood and is not selling.  The photographer who took the online pictures has done a fabulous job that they have had plenty of showings but people walk away disappointed. 

Why you might be asking?  Because the Seller isn't on board to help sell the house!   

How and  Why not?

Why not,  I don't know;  But how the Seller is sabotaging the success of selling his home is by not cooperating and heading the advice of his Realtor.

You see, if the Seller would cooperate by cleaning the house and keeping it presentable this house would have sold by now.  The Realtor advised the Seller to thoroughly clean the basement, get rid of pet odours and cigarette smoke and keep the house tidy when Buyers come for viewings. 

The Seller is under the impression that Buyers will over look these "nuances" and see the space for what it is and decorate it according to their own likes and he shouldn't have to clean and paint the basement with the bucket of white paint that is already sitting there.

Further more the Seller couldn't even get rid of the dead flowers that were used a few weeks earlier for an open house.

If the Seller persists in this manner, the Seller will end of losing a lot of time and money when eventually he gets lucky and a "handyman" Buyer puts an offer in that is $30K or more less than asking.  This could be avoided if  the Seller would spend a couple of thousand upfront to get cleaners come in and do all the necessary work to stage the house or take steps to do it himself.  Not only would the home sell faster but also for near asking.

I can't stress out the importance of CLEAN.  We've all walked into a home that is spic and span and we fall in love with it.  Remember, for most people, Buying is an "emotional" process not a logical decision.  So if Sellers want to take advantage of this information, they must attempt to create an emotional liking to the house for the Buyer.  By keeping the entry way clean, the bathrooms spic and span, the home decluttered of personal belongings and removing the offensive odours, you will have taken the most important steps to help Buyers create a emotional bond. 

Sellers... if you want to get top price and sell fast then: clean, clean, clean and clean!

Ask for my 9 Page Seller REPORT ($49 value for FREE) at www.JasJagpal.com

29 Essential Tips to Sell Your Home Fast (And For Top Dollars)

 

Jas Jagpal, BSc. is a Remax professional helping clients buy, sell and invest in Condos and Homes, primarily in Markham, Scarborough and the GTA.

© 2010- Jas Jagpal

Jas Jagpal, Remax Sales Representative, jasjagpal@gmail.com ; 647-272-6629

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos, Toronto Real Estate: www.JasJagpal.com

Posted on: www.1stoprealestate.ca : www.LinkToMorningside.comwww.MarkhamBoxgrove.com

 

 

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August- Toronto Real Estate Report- The Tide Has Turned

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos Real Estate: http://www.JasJagpal.com

It seems the tide is indeed turning... for the rest of the year I wouldn't expect multiple offers and the same high prices that we saw in May 2010.  Sellers be warned to make sure your houses are staged to sell and priced right. Buyer's do your planning and be ready to walk away as there is plenty of choice to find your dream home.  Read full report in the newsletter below.

 

© 2010- Jas Jagpal

Jas Jagpal, Remax Sales Representative, jasjagpal@gmail.com ; 647-272-6629

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos, Toronto Real Estate: www.JasJagpal.com

Posted on: www.1stoprealestate.ca : www.LinkToMorningside.comwww.MarkhamBoxgrove.com

 

 

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SEARCH- Houses For Sale in MARKHAM's HOTTEST Boxgrove community at the Rouge

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos Real Estate: http://www.JasJagpal.com

 

SEARCH HOUSES FOR SALE IN MARKHAM's HOTTEST COMMUNITY- BOXGROVE

Boxgrove in Markham has been under development for the past few years and his home to over 1200 families in town, semi and mostly detached brick homes.  One brand new school called "David Sazuki Public School" K-8 was built and opened 2009 school year.  It has an official policy of being an EcoSchool where the environment is a focal point for the kids educational learning.   After all we do live by the Rouge and should be ecologically responsible.
 
Boxgrove is a new master-planned community built on old-fashioned hometown traditions. Three respected builders  Arista Homes, Fieldgate Homes, & Starlane Home Corporation  have presented more new home designs than you've seen in one place.  Once you pass the gracious entrance gates of the Boxgrove community, you will discover a vast area filled with landscaped trees, shrubs and perennials, creating a sanctuary with an inviting trails that go for miles.  Boxgrove is a beautiful place to live with your family and friends be it-  winter, spring, summer and fall.
 
Most houses are from 1400 sq ft to 3800 sq ft.

What's Amenities are near Markham Boxgrove
 
-Boxgrove is currently home to over 1200 families.
-Arista Homes started building in Boxgrove in 2005, and this vibrant community is fully landscaped with playgrounds, parks, heritage street lighting, sidewalks, paths and more.
-You'll find Longos, Mandarin, Boxgrove Medical Arts, Restaurants and more at the Boxgrove Centre, just around the corner.
-If you're a golfer, Boxgrove is minutes away from: Markham Green Golf Course, Parkview Golf Course and Cedarbrae Golf Course.
-Downtown Markham is close by as well as the 404 and 407 for commuters.
-Markham is one of the largest cities in Canada with a diverse population abundant jobs in the high tech sector.
-Your just minutes away from alll the shopping at 14th Ave and Markham Rd... (Costco, Canadian Tire, Future Shop, Shoppers, etc.)

Jas Jagpal, Remax Sales Representative, jasjagpal@gmail.com ; 647-272-6629

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos, Toronto Real Estate: www.JasJagpal.com

Posted on: www.1stoprealestate.ca : www.LinkToMorningside.comwww.MarkhamBoxgrove.com

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Tridel Ventus 2 - Pre-Construction Investment Condos - VIP SAVINGS

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos Real Estate: http://www.JasJagpal.com

   July, 15th, 2010  | Jas Jagpal | Remax 

 Tridel - Ventus 2 at Kennedy & 401 - Think GREEN and SAVE!

       VIP savings for my clients-

1.  $3000 off 1A, 1B+D, 1C+D suites, $5000 off 2BR suites.

2.  Assignment Clause at NO FEE!

3.  If you have good credit and can be approved by BMO bank, after you pay the 5% on signing, BMO will pay the 5% at 90 days and 5% at 180 days for you.  So you can actually buy with 5% down and not have to come up with 15% in 180 days from your own line of credit or cash.  

In addition for a limited number of clients- Tridel has agreed to pay the interest. What more could you want?  Excellent Investment opportunity and Tridel pays's your interest.  You must contact me today and be willing to go down to the Sale Centre (literally today)!

Have a question... call Jas Jagpal - your VIP agent at: 647-272-6629 or email jasjagpal@rogers.com

 

        VIP PRICELIST    |          VENTUS 2 DOWNLOADABLE COLOUR BROCHURE

 

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos, Toronto Real Estate:www.JasJagpal.com

Posted on: www.1stoprealestate.ca : www.LinkToMorningside.comwww.MarkhamBoxgrove.com

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Encore Condos- Scarborough Town Centre- LAST CHANCE VIP discounts

Get the discounted prices before the project goes public.

All suites get 6 brand name stainless steel kitchen appliance.
Fridge, Stove, Dishwasher, Microwave Range Hood Fan, Washer, Dryer 
Kitchen granite countertop and marble countertop in bathroom.
Parking included in 1BR + Den, 2BR suites.

Studio - Discount $5000 - priced from $139,900
1BR - Discount $5000 - priced from $190,490
1BR + Den - Discount $10K - priced from $265,490
2BR - Discount $15K - priced from $327,990
2BR + Solarium - Discount $20K - priced from $354,990

Tentative Occupancy Date: June 2013

Deposit Structure:  5% on signing, 5% in 90 days, 5% in 365 days, 5% in 543 days, 0% on occupancy

Maintenance Fees/ Taxes = $0.50 per Sq. Ft. 

On an average of approximately $400 square foot and Downtown condos going closer to $600-800 sq Ft and
higher.  This condo is a good investment in the heart of Scarborough, minutes from the TTC, shopping, 
theaters, 401 and University.

If you never invested before... but have a good line of credit, let me show you how I've invested in
pre-construction condos and made money.  It's not hard... you just have to have the stomach to take a 
calculated risk.  Toronto's real estate is hugely underpriced if compared to other big cities in the world.
Even Vancouver is more expensive.  With no space to build in Toronto, but up... and the government policy
supporting this... I wouldn't be surprised to see in another 3-4 years these same Condos at Scarborough Town
Centre currently selling at $400 sq FT  sell for $500- $600 per sq ft.

Contact me ASAP... if you are ready to invest or know of a friend, family member or neighbour who is looking
to invest in real estate.


Jas Jagpal, BSc. York University. C: (647) 272-6629  Fax: 416-352-5711

"Email me for VIP savings for investment condos and get a FREE
 complimentary Pin-Point Market Analysis when selling your home."

 


 

Real Estate Blog.....................www.1stoprealestate.ca

What's for Sale....................... www.JasJagpal.com

Morningside Heights Info....... www.LinkToMorningside.com

 


Tridel Ventus 2 - Pre-Construction Investment Condo - Buy before it opens to the public- July 17th.

Tridel will be holding a grand opening to the public starting July 17th and 18th... but if you want VIP selection to the suites and not have to wait in the mad rush and pay more... contact me and we can go in July 13th to get your suites of your choice.

This is Tridel's 4th building of 7 they will be constructed on this site.  Great investment location near Kennedy and 401. See the master plan below.

Contact Jas Jagpal: 647-272-6629 /  jasjagpal@rogers.com and book your appointment.
Your Remax VIP Sales Representative. 

View Image Gallery

Tridel Built Green

Included Features & Finishes

THE BUILDING & COMMON AREAS

  • Facing Metrogate’s vibrant central park, Ventus’ two dramatic curved
    30 storey towers feature the latest in sustainable green building design.
  • Entering from a landscaped round-about drive to the distinctive front
    entrance, Ventus welcomes you into a stylishly modern main level
    elevator lobby.
  • Take the elevator or a short flight of stairs to the stunning upper lobby
    of modern clean lines and a comfortable seating lounge, overseen by a
    Concierge.
  • This is an ultra modern design statement, ushering residents and guests
    to their residences and the Club Ventus recreational amenities.

CLUB VENTUS RECREATION CENTRE

  • On the upper level, Club Ventus awaits your pleasure with a handsomely finished Party Room featuring a double-sided fireplace, comfortable seating lounges and a stylish long bar.
  • An elegant dining area is serviced by a fully-equipped caterer's kitchen.
  • A billiards table awaits for a game of 8 ball with your friends.
  • The Fitness Centre - with sightlines overlooking the central park, is your way to wellness and fitness featuring the latest in exercise technology.
  • The beautifully landscaped outdoor terrace with seating areas is your private oasis offering an alfresco alternative during your evenings entertainment or your fitness regime.

RESIDENCES OF IMPECCABLE STYLE

  • White stippled ceiling finish to all areas except the kitchen, laundry, storage* and bathroom(s) which feature a smooth white paint finish.
  • Interior walls are primed and then painted with two coats of off-white, quality latex paint (kitchen, bathroom(s) painted satin off white, and all woodwork and trim painted with durable white semi-gloss paint). Paints have low levels of volatile organic compounds (VOCs).
  • 6'-8" interior slab doors with brushed chrome lever hardware.
  • 4", paint finish, contemporary styled baseboards in all areas except bathroom and laundry/storage areas which are to have tile base.
  • Smooth white cultured marble window sills.
  • Thermally broken aluminum window frames with, double pane, sealed glazed units, with operable awning windows.
  • White bathroom fixtures throughout.
  • The ceiling height of the unit will be approximately 8', measured from the upper surface of the concrete floor slab to the underside of the concrete ceiling slab, provided however that various areas of the dwelling unit may contain (or be subject to) ceiling bulkheads and/or dropped ceilings, in order to facilitate the installation of structural components, mechanical systems and/or ductwork, and accordingly in those areas of the unit that are subject to said bulkheads and/or dropped ceilings the overall ceiling height will be reduced accordingly.
  • All balcony areas to have one exterior electrical receptacle.
  • The ceiling heights on the ground 2nd, 3rd, 12th, 22nd, and 30th floors are approximately 9¡¯. The suites on these floors will also include extended height 42¡± upper cabinets in kitchens. All ceiling heights are subject to suite design conditions and construction limitations. See Agreement of Purchase and Sales for full details.

PREMIUM QUALITY FLOOR COVERINGS

  • Plank laminate floating floor with underlay in kitchen, living room, dining room, den*, hallway(s)* and foyer.
  • 35 oz. cut pile carpet in bedroom(s).
  • Ceramic floor tiles in bathroom(s).
  • Ceramic floor tiles in laundry/storage areas.

GOURMET KITCHENS

  • Kitchen cabinetry with deep upper cabinet above fridge and one bank of drawers.
  • Granite kitchen countertop with polished square edge and drop-in stainless steel sink.
  • Polished chrome, single lever kitchen faucet, complete with pull down spray.
  • Energy Star high efficiency dishwasher in black.
  • Energy Star high efficiency, approximate 19 cubic foot refrigerator with top mount freezer in black.
  • Microwave exhaust hood fan in black, vented to the exterior.
  • 30 inch range with ceran top in black.
  • Ceramic tile backsplash.

THE BEAUTIFUL BATHROOMS

  • Cabinetry with cultured marble* top complete with integrated basin.
  • Vanity mirror in clear finish, complete with centre mounted sconce lighting above mirror.
  • 5' soaker tub with polished chrome faucet.
  • Ceramic tiles in tub and shower* enclosure.
  • Shower light in ceiling*.
  • Pressure balanced and temperature controlled shower faucet.
  • High pressure, low-flow shower head(s).
  • Polished chrome single lever vanity faucet.
  • Ceramic tile flooring*.
  • Dual flush, low consumption toilet(s).

CONVENIENT IN-SUITE LAUNDRY FACILITIES

  • Heavy-duty wiring and receptacle for dryer.
  • Dryer vented to exterior.
  • Stacked front loading dryer and Energy Star high efficiency front loading washer (complete with stainless steel braided hose connections). Stacked laundry appliances are white in colour.

FOR YOUR PEACE-OF-MIND

  • Concierge, monitoring community access systems including two-way communication from selected zones in underground garage and entry areas.
  • Personally encoded suite intrusion alarm system, suite door contact and keypad connected to Concierge station.
  • Access control system located in the lobby vestibule and at visitors main entry points permits guests to communicate with residents from the building entrance(s). Guests in the lobby vestibule can be viewed on the resident's television.
  • Surveillance cameras in selected locations in the points of access to the building and garage may be monitored by the Concierge.
  • Emergency response key chain pendants, usable in selected areas within the underground garage, will alert the Concierge of a distress call (2 pendants per unit).
  • Heat detector(s) connected to fire annunciation panel.
  • Hard wired smoke alarm(s).

COMFORT SYSTEMS

  • Vertical fan coil heating and air conditioning system, with supplementary heating coil for year round seasonal comfort control.
  • Individual metering of electricity, domestic hot water, space heating and cooling consumption.
  • Central building water filtration system.
  • Continuous venting of bathroom(s) exhausting to central building energy recovery system.
  • Air filter media for use in fan coil.

ELECTRICAL SERVICE AND FIXTURES

  • Individual service panel with circuit breakers.
  • Designer series receptacles and switches throughout.
  • Light fixtures in foyer, hallway(s), walk-in closet(s)*, bedroom(s), kitchen, breakfast area* and den*.
  • Capped ceiling light outlet in dining room.
  • Lighting fixtures designed to fit long lasting energy saving (CFL) lamps.

COMMUNICATIONS

  • Network Centre (high-speed wiring connection point).
  • Advanced, star design in-suite structured wiring. Each telephone, cable or multi-port outlet within a suite connects directly to the Network Centre.
  • Pre-wired cable outlet in living room, bedroom(s), and den*.
  • Pre-wired telephone outlet in living room, bedroom(s), and den*.
  • One multi-port outlet (telephone and cable connections located on the same faceplate), location determined by Vendor.
  • Category 5 telephone wiring to all telephone outlets and multi-port.
  • RG-6 coaxial cable to all cable outlets and multi-port.
*- denotes availability determined by suite design. All features and finishes subject to change without notice, E. & O.E. October 15, 2009.     

Tip No. 13 of 29 Tips For Selling Your House Fast and For Top Dollars

From the 29 Essential Tips FREE Report to selling your house fast here is Tip No. 13

Tip No. 13 Remove all traces of you from your home. 

When you toured other people’s homes, you may have felt some discomfort. This probably occurred because you saw, heard or otherwise sensed something that made you feel as if you were intruding into someone’s life.

The last thing you want others to feel in visiting your home is that same sense of discomfort. Avoid this by making your home as neutral as possible. Anything that interferes with a prospective buyers’ ability to see themselves living in your home must be eliminated. A few carefully chosen  knickknacks and family portraits may add warmth and character to the home, too many are a distraction. Avoid unique or trendy color schemes—paint and carpet in neutral shades of white or beige.

Declutter and remove as many personal items as possible and box them up and put them in storage.  By doing so you will attract more buyers and sell faster and often for more.  

For all your real estate needs call Jas Jagpal at: 647-272-6629 or email: jasjagpal@gmail.com

Markham Boxgrove Homes, Morningside Heights Homes, Scarborough Town Centre Condos Toronto Real Estate – http://www.jasjagpal.com