Finding the Right Realtor to Sell Your Toronto Home

Written by: Erica Mary Smith
Posted on: October 28, 2015

When it comes to selling their homes, many homeowners might feel that they have nothing to worry about. After all, the housing market is booming, with many Toronto homes for sale and prices and competition being high. However, despite this, many homeowners end up losing out on thousands of dollars by not using a qualified realtor. A professional realtor understands best practices for selling real estate and can ensure that you get the highest sale possible for your home.

When looking for a realtor, it’s important to keep a few things in mind. Here some tips for finding a qualified Toronto realtor to sell your home.

Hire a Professional – Not a Friend

Real estate is a large industry, especially in booming markets like Toronto. It’s not uncommon to know someone who works in real estate. However, when looking for a realtor, you should avoid hiring on the basis of friendship or acquaintance. This is a common mistake that many homeowners make which can easily end up costing them a lot of money. Look for a professional realtor with a good track record.

Check Your Realtor’s Online Listings

When finding the right realtor for you, checking their online listings should be a top priority. As the Internet is more important than ever in selling real estate, any good realtor should make effective use of online tools to market their listings. Look for a professional web site with a high number of listings, which means that they have a large clientele. You should also consider the type of properties they list, including the locations and price range for the listings. A realtor with listings similar to your own will likely know how to sell your home for more.

Check Your Realtor’s Track Record

Make sure that your realtor has a good track record. Look for testimonials from past clients. Often, realtors will give you contact information for properties they’ve sold in the past year, allowing you to see their track record and confirm the sales they were able to make. Make sure to find out what the asking price was compared to the selling price, which will give you an idea of what you can expect for your property. As well, industry awards or other forms of recognition are signs of a successful realtor.

Promote Your Own Interests

Performing your own research is important for both selecting a realtor and going through the sales process. You need to be able to understand what’s in your own best interest so that you know whether your realtor is also acting in your interest too. For instance, quick sales are typically seen as a good thing but they often primarily benefit realtors. A quick sale may not get you the best price for your home but may still net a realtor a fairly large commission. A good realtor will work with you to make sure your home sells for the best price you can get. Stay informed, as it will help you understand who the good realtors are.

Condo Chicks from Stomp Realty Inc. is a dedicated team of realtors who are behind some of the most prestigious and prominent condominium sales in the Greater Toronto Area. We take pride in negotiating on your behalf to represent your best interest. For more information, please visit our website.

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