Home, sold home

Saturday, April 17, 2010

Jane Muller
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The first question asked when a potential home seller contacts Azim Rizvee is how much their home is worth. The broker of record with MinMaxx will then explain that his company offers a free home evaluation.

To discover the home’s value, according to Rizvee, it is necessary to study the market, look into the property and also identify some comparable properties in the area. Once a price has been established, he can put his “top listing team in the GTA in 2008 and 2009” to work for them. Their service includes marketing through community newspapers and radio, the Toronto Star, billboards and bus shelter ads.

The next question is whether or not it is a good time to sell. There are many factors to consider in answering this question but one of the answers may be surprising. Some believe there is a season that is the best time to sell. If most sellers were to choose the spring for example, they wouldn’t get as good a price for their property because there are so many properties on the market at the same time.

“It’s about how you can avoid competition,” explains Rizvee, adding that timing can be “very much localized”.

He recommends consulting with an agent in your area for the best and most up-to-date advice about timing a sale. The first thing you learn in the real estate business, he contends, is that the law of averages does not apply to the industry.

To find out more about the best service package at the best rates offered by MinMaxx, visit the website at www.minmax.com.

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