We understand the challenges faced by homeowners selling a house in Toronto. At International Realty Firm Inc, our Toronto real estate agents will assist you by working with you every step of the way as you sell your home in Ontario. Our Toronto real estate agents will help you in pricing your home, listing your home on the MLS, negotiate the offer for you and represent you during the sale of your home. Here are the 5 steps we take with each of our seller clients.

Step 1: Decide When to Sell Your Toronto Home

There are different factors that help determine the best time to sell your home. One of them is a market condition. If it’s a seller’s market, where there are more buyers than homes for sale, you may be able to sell your home for a better price as you can demand a higher price. On the other hand, if it’s a buyer’s market, where there are more homes for sale than buyers, you may not be able to sell your home at the price you may want to sell it for, as buyers will have more homes to choose from. There may also be seasonal differences where more homes are sold in one season than in another. For example, more homes may be sold in the spring than in the winter.

Step 2: Hire a Toronto Real Estate Agent

You want a real estate agent who understands your goals. Our real estate agents have a strong knowledge of different Toronto communities including Bayview Village, Don Valley Village, Henry Farm, Hillcrest Village, Pleasant View, Newtonbrook East and Willowdale East.

• What should you ask about when evaluating agents?
• What recent sales have they made in your Toronto neighborhood?
• What is their marketing plan to sell your home?
• What do their client references and testimonials say?
• You're always welcome to meet our team to learn more about us!

Step 3: List Your Home on the MLS

Your agent will complete a comparative market analysis to begin setting your listing price. This analyzes recent sales and current listings in your neighborhood.

Your listing will be published to the MLS and many real estate websites and social media channels to attract the most buyers.

Your agent may suggest home staging to assist buyers to visualize living in your home.

Step 4: Review Offers and Negotiate

The highest price is not always the best offer. Your agent goes over each term of the Agreement of Buy and Sale to help you make the best decision.

Some terms your agent covers are:

• The buy price.
• Closing date.
• If appliances and/or other items will remain in the home.
• Will you accept this offer?
• Are there better terms in a potential counteroffer?

Step 5: Close the Sale in Ontario

There will be closing costs associated with the sale that need to be paid either by you or on the closing date. It can include mortgage application fees, inspections, and legal fees. But once that’s taken care of, you can pass your old keys to the new owners. Congrats!

You’ve officially sold your house!