Think about the different aspects of a typical real estate transaction and what Real Estate agent Toronto is and what their duties are and you will see that selling your own home is not the cakewalk which you were told it was going to be. Fist off you need to find out what your home is worth and that means either your agent knows the market industry so well that he or she can tell what that home will go for or you will need to pay for an appraisal. Then you need to advertise that the home is available for sale and this can involve anything from ads in local papers and newsletters to online listings and banners, etc. You then need to be prepared for showing the house at Open House events that you will have to create, plan, advertise, and carry out yourself.
Even if you have a buyer all lined up, who is going to organize the offers, counter offers, and the actual purchase contract? You need to know about contingencies and clauses that must be inserted into standard contracts that will protect you from claims by the buyer. You need to fill out a long Disclosure Statement and it has to be a genuine, no holds barred comprehensive description of the home or else you could get sued for omission. By the way, all Real estate agents in California need to carry extensive Errors & Omission Insurance by the Department of Real Estate for this very same reason. You don't want some sue-happy customer coming back to you in six months because you forgot to mention that the basement walls had minute cracks with them.
Which brings me to my next topic which is the home inspection itself. Normally a good Toronto Real Estate agent who knows his territory will also know of a reliable Property Inspector. In fact, a good agent will also recommend the services of an appraiser, a mortgage loan officer, moving companies, title companies, escrow, etc. That set of services alone makes it worth your while to forego the notion of selling your own home and seriously consider employing among the very talented and reliable Realtors in your area.
This could be one of the greatest deals you ever make in your life. Do you really want to run the risk of messing it all up?
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