Ontario Community Newspapers

Port Perry Star, 25 Feb 1992, p. 33

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TI Selling homes in a slow market If you're thinking of sell- ing your home in the next little while -- perhaps to move to another city or a larger/smaller home, there are several very practical and innovative things you can do to market your pro- perty more effectively. Although the current housing market isn't ideal for selling, if you must sell, you'll find that a realistic approach, combined with the services of a good real estate professional and some flexibility will go a long way towards a suc- cessful sale. Aesthetics also play an important part in the marketing process; you can enhance your home's marketability by sprucing up its appearance prior to listing. Start off by being realistic and competitive in evaluating and listing your property. A Reaitor will be able to help you. Before choosing a real estate broker, take a good look around your neighbourhood to see what types of homes are for sale and the prices they're listed at. Even more importantly, make a note of the homes with "sold"' stickers, they indicate a successful sale and you may want to use the ser- vices of the same brokerage. Before deciding on using a particular real estate pro- fessional, it's a good idea to get three quotes of the. value of your home from different Realtors, to make sure you end up with a tru- ly realistic and competitive listing price for your home. Remember, in a slow market it's important to price your property as closely to the market as possible, so choose a Realtor who will be both ag- gressive and realistic. If you want to further enhance your home's marketability you may want to of 2r some financial incentives to prospective buyers. Paydowns > One financial incentive you may want to explore is a vendor paydown of the mortgage interest rate. You can do this with an existing mortgage --- depending on its terms. Buying down the Turn to Page 4 PORT PERRY'S LONGEST ESTABLISHED REALTOR 7 985-7386 PHONE: on ICICI CR LE -- 686-3931 1888 SCUGOG ST., PORT PERRY 985-7386 324-9216. SCUGOG POINT. Overlooking Lake Scugog, 3 + 1 bedroom, central air, central vac. Sandy beach area, very private. $139,900. Call CAROL MARTIN at 985-7386 or 705- MANCHESTER $139,000. 4 bedroom home ideally located on a 120' x 200' lot surrounded by mature trees. A recent addition provides an opportunity for the cottage industry entrepreneur. Call GLENN McCOY at 985-7386 or 985-3063.

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