This site uses cookies.

The types of cookies we use, and the way we use them, are explained in our Privacy Policy. By clicking "Accept" or continuing to use our site, you agree to our use of Cookies. More information

Marg McCarthy
Broker of Record

Marg McCarthy Professional Real Estate Services

office:519-925-6948
toll free:800-563-0946
cell:519-216-1756
Newsletter
Shelburne Real Estate
Personal Information
Search For Property
Buying Home
Selling Home
Information Center
Important Resources
Client Reports
Best Fixed - 1 year
3.19%
Best Fixed - 5 year
3.29%
Best Variable - 1 year
3.59%
Best Variable - 5 year
2.65%

 

8 COMMON MISTAKES MOST HOME SELLERS MAKE

 

1. Failure to effectively market the property. Good marketing distinguishes your home from hundreds of others on the market, selling its benefits not just its features. Open houses and print advertising (the most obvious) are only moderately effective. Only 1% of homes are sold at open houses, and just 3% of people purchased their homes after seeing a print ad! Your Realtor© should be using other methods as well to attract prospects. Ask your sales professional to provide a list of things they will do to market your home.
 
 
2. Basing your asking price on needs or emotion not market value. Many sellers base their pricing on what is termed as Subjective Value. To an appraiser, subjective value is based on emotions. For example, how much a seller paid for their home, how much they love their home, and overall pride of ownership is considered subjective value. Objective Value, is what ALL appraisers base the true value of a property.
 
 
Setting the asking price of a property should always be based on Market Value. Appraisers call this objective value. Objective value looks at the condition of the property; itís location, what properties with similar features in the same area are selling for, what other properties in the same area are listed for, and the overall condition of the economy and real estate market.
 
 
If your home is not priced competitively, homebuyers will prefer larger or better homes in the same price range, increasing your time-to-sell. When your price is later lowered, buyers may be wary because they suspect other reasons the house has remained unsold so long.
 
 
3. Failing to "present" the home. A property that is not clean or well maintained often suggests hidden defects that increase the total cost of ownership. Sellers should make necessary repairs, and spruce up the house inside and out, keep it clean and neat, or risk chasing away buyers brought in by realtors. Buyers will leave themselves a large margin for error for the cost of repairs, reducing their offer price.
 
 
4. Over-improving your home before you sell it. Most buyers will base their decision on purchasing a home based on how they feel about the kitchen and bathrooms. If these areas of the home meet both their emotional and physical needs it makes it easier to sell a home. It is a good idea to get a real estate professional to do a market assessment of what your home is worth BEFORE improvements. The next step would be to get a written estimate for improvement costs; then have your real estate professional give you an update on the market value to determine how much more money your home will sell for AFTER improvements are made. This will let you know whether it makes sense to upgrade your home first, then put it on the market, or to just put it on the market for sale the way it is.
 
 
Sellers may spend thousands of dollars doing the wrong upgrades to their home prior selling, expecting to recoup this cost. If you are thinking of selling, ask your realtor which upgrades are cost effective. Typically the most important and saleable areas of any home are the kitchen and bathrooms.
 
 
5. Choosing the wrong Realtor© or choosing for the wrong reasons. Many homeowners list with the real estate sales representative who tells them the highest price, or a popular Real Estate company in the area. Remember it is NOT the sign that sells a home it is the real estate sales representative. Sellers should always choose the sales person who provides the most experience and the one the seller thinks has the best negotiating skills. More experience could mean a higher price at the negotiating table, selling in less time, and with less hassles along the way.
 
 
6. Failing to take the first offer seriously. Many sellers believe that the first offer received will be one of many to come, hoping to hold out for a higher price, especially if the offer comes in soon after the home is listed. Often the first offer ends up being the best buyer, and many sellers have had to accept far less money than the initial offer much later on in the selling process. The first 2 weeks of the listing term is critical. It is this time that the home will usually get MOST of its action. Do NOT let how quickly the offer came in determine your decision to accept it or not.
 
 
7. Using the "Hard Sell" during showings. Buying a home is an emotional decision, and buyers are looking to see if a house is comfortable for them. Good Realtors© let the buyers discover the home's features on their own, pointing out only features they are sure are important to them. Overselling your home during showings make buyers think they are paying for features that are not important to them and can lose the sale.
 
 
8. Not knowing your rights and obligations. The contract you sign to sell your property is a complex and a legally binding document. An improperly written contract can allow the purchaser to void the sale, or cost you thousands of unnecessary dollars. Have your Realtor© fully explain the contract or have your lawyer review it before acceptance .
adminlistingsprivacy policycontactsite map

Shelburne Ontario Real Estate
Dufferin County's Quiet Rural Town

History of Shelburne Ontario

Shelburne, Ontario (2016 population 8,126) is a town in Dufferin County, Ontario, Canada, located at the intersection of Highway 10 and Highway 89. Shelburne is best known for the Annual Canadian Championship Fiddling Contest that is held each August.

In the early 1860s, the founder of the town Shelburne, William Jelly, found his way through the bushes to choice lot in Melancthon and built several cabins in the area.

As Melancthon began developing in the late 1840s, the construction of the Toronto-Sydenham Road (Now Highway 10) began and led to settlers moving into the Shelburne area in the 1860s. In 1865, William Jelly established the British Canadian Hotel. A post office was built shortly after, named after the Earl of Shelburne. Rapid economic growth followed and the population increased from 70 villagers in 1869 to 750 villagers in 1877, due to the new railways that were built. Shelburne was incorporated as a town in 1977.

Real Estate in Shelburne Ontario

One of the strongest attraction of Shelburne is pricing. Compared to the communities south of Shelburne you are still able to purchase a decent detached home as a first time buyer. The town of Shelburne is made up of young families to retirement living. Some of the attributes of Shelburne is the small town feeling to raise your family. Safe neighborhoods and parklands for everyone to enjoy.

Shelburne offers all types of real estate from traditional family detached homes to condos to your rural farm life. In town we find many heritage homes that have been updated and renovated to keep the allure of the original homes. Over the past 20 years we have seen growth in this community of newer neighborhoods, condos and townhouse developments. Currently we are seeing 2 newer developments are going up as we speak.

Price of Properties in Shelburne

Types of Properties   Price Range of Properties
Luxury Homes   $300,000 - $650,000
Detached Houses   $135,000 - $650,000
Rural Homes   $250,000 - $650,000
Semis   $170,000 - $225,000
Townhouses   $110,000 - $160,000
Condominiums   $150,000 - $180,000
Vacant Land   $30,000 - $500,000
Farms   $300,000 - 1.5 million
Hobby Farms   $250,000 over 1.5 million
Mobile   $15,000 - $110,000

For Listings in Shelburne and surrounding area  click here

Schools in the Shelburne Community

Type of School   Name of School   School Website   School Ranking
Secondary   Centre Dufferin DHS   site   rank
Catholic HS   Robert F Hall   site   rank
Elem./French   Centennial Hylands   site   rank
Elementary   Hyland Heights   site   rank
Elementary   Primrose   site   rank
Elementary   Glenbrook    site   rank
Catholic Elem.   St. Benedict   site   rank
Copyright © 2002-2018. All rights reserved.
Real Estate Internet Marketing by Lone Wolf Technologies.
Lone Wolf Technologies