Monday, April 2, 2012

Listing and Selling

Have you decided to list your home?  Have you been educated on the various ways that a listing can play out?  For example, if I list your home on a Friday afternoon, did you know that it likely wouldn’t get very much exposure on the public market until at least Tuesday morning?  Why is this?  Well, first, I take your listing; then I upload it to our board office; then depending on how busy our board office is it could take a few hours until it get input into the system; then from our system it usually takes approx 24 hrs to upload to the national system.  And there you have it, your listing process in a nutshell! 


Why am I telling you this?  Well, for example, if you list on a Friday, and your agent brings you an offer first thing Saturday morning is that going to be your best offer?  Perhaps if they are bringing you that offer so quickly, the house was priced real well!  Stop and think though, an offer that quick; iIf your house hasn’t had time to be exposed on the open market, maybe, just maybe there are other offers that could be coming in!  Don’t rush in accepting the offer.  If they are that interested, the chances of losing them as a potential buyer are low.


I had two buyers interested in a home that went through this similar situation.  Unfortunately for the seller, it was too late.  (my one buyer knew the home and said he would have paid, well, a little more than the listed price!)


P.S. - Please remember not to keep me a SECRET! Don't forget to mention Jason Steele to your friends or family that have expressed interest in buying or selling a home anywhere in Ontario! Follow my BLOG for real estate information.

Jason Steele



Coldwell Banker, The Property Shoppe  Real Estate, Brokerage

(independently owned and operated)

519-377-2147 cell


Not intended to solicit persons/properties currently under contract with any other representative or brokerage.


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