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Marg McCarthy
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Marg McCarthy Professional Real Estate Services

office:519-925-6948
toll free:800-563-0946
cell:519-216-1756
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Helpful Tips For Sellers

 

 

14 IMPORTANT FACTS TO CONSIDER BEFORE YOU TRY TO SELL YOUR OWN HOME

Occasionally, one can see "For Sale By Owner" signs, and some owners think that selling their own home will not only save them money, but believe they have an advantage over the sellers that have their home listed by a reputable Realtor®. Before you decide to take on this very important and legally complicated process…remember not even most Real Estate Lawyer's recommend selling your own home yourself in today's market. Here are a few of the reasons why:
 
 
1. You are limiting your exposure to potential buyers (less than 10% of what a good real estate broker will generate) which theoretically means your home will take ten to fifteen times longer to sell on the market.
 
 
2. The longer a home is on the market the lower the selling price is. Why? Because most buyers think that if the home has not sold after this long... there must be something wrong with the home.
 
 
3. The selling/buying process begins AFTER the buyer leaves your home. Most sellers think that all it takes is for someone to see their home, fall in love with the great decor... and the offer automatically will follow. Remember that the buying process begins after they leave your home. If a real estate sales representative does not represent the buyer, and they are looking on their own…they usually leave the home and start to talk themselves out of the buying process. If the buyer is represented by a real estate professional Realtors® are trained on how to overcome buyers remorse--a very common occurrence.
 
 
4. Because of the limited exposure you will very likely end up with a lower selling price. Remember, in order to generate the highest price possible for your home… selling means exposure. You need the maximum exposure possible, to generate the highest price possible.
 
 
5. Most buyers find it extremely awkward to negotiate or even to talk directly with sellers and therefore avoid FSBO properties.
 
 
6. Lack of negotiating experience and lack of pertinent information often will result in a lower selling price, or worse yet, a bungled contract and possible lawsuits.
 
 
7. The majority of qualified buyers are working with experienced real estate professionals.
 
 
8. Many serious buyers will pass by a FSBO home merely because they recognize that it is not in the real estate mainstream, this can some times make them wary.
 
 
9. As most local buyers now retain an experienced real estate sales person to represent them as their buyer-agency, you will probably be negotiating against an experienced professional.
 
 
10. Expected savings in broker's fees will also be greatly reduced if you offer a selling commission to entice real estate sales representatives to bring potential buyers.
 
 
11. If you are planning to use a Lawyer to help you negotiate the offer, then your lawyer's fees will be considerably higher.
 
 
12. Only real estate sales representatives have access to the up-to-date market information. News reports cannot approach the timeliness or specificity available to real estate sales people. Further, real estate sales representatives are involved in home sales much more frequently than the average homeowner is. This familiarity leads to a degree of expertise that provides an edge on negotiating and successful selling.
 
 
13. You only pay the commission to the real estate broker, if they successfully sell your home at the price you are happy with.
 
 
14. Accepting an offer is one thing, ensuring a safe and successful closing is quite another. Real estate transactions usually always have problems on closing. At times, expecting the Buyers and Sellers Lawyer's to fight it out or resolve the problems, can sometimes mean the deal is lost. This is the time that your experienced real estate professional, can be the most important. Your Realtor® can act as a great mediator. Lawyers MUST act only on their client's instructions and are not paid to negotiate.
 
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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
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