Selling Privately Can Cost

In most cases when the seller wants to sell privately is to save on real estate commission. If they plan to do so, it's important that they aware of the state of the market and are informed on market value of their home based on similar homes in the area.

But with the current hot Toronto, Oakville, Milton and Mississauga Real Estate markets, private sellers may find themselves saving on real estate commission, but losing a much larger amount on the price of their home.

Selling a home privately excludes a vast segment of the market because their lack of exposure is a limiting factor. By listing your home with a real estate agent and having it listed on the Multiple Listing Service (MLS) exposes a house to the public on MLS.ca, as well as thousands of real estate agents and their clients.

The more potential buyers the home is exposed to, the greater the chance of obtaining a higher price, more offers, more potential bidding and a faster sale.

Definitely listing privately can cost you money, but Listing with a real estate agent with the exposure of MLS can make you more money on the sale of your home.

Thinking of Selling in Mississauga, Toronto, Oakville or Milton – Call Leif Kalaas today