Windsor Ontario Homes for Sale: Top Real Estate Questions Answered

Posted in Buyer Blog | 17/01/2012

Windsor Homes for Sale

Windsor Homes for Sale

Real Estate Agents like their clients to ask questions regarding Windsor Ontario Homes for Sale.  That’s what we are here for, to give you the best information that is currently available.  Communication is key in creating a successful relationship between a real estate agent and his client.

Here are some, but certainly not all, of the top questions that have popped up in the mailbox recently regarding Windsor Ontario Homes for Sale:

1.  What is the difference between market value and appraised value?

The appraised value of a house is what a certified Appraiser’s believes your house is worth at a given point in time.  Lenders require an appraisal as part of the loan process.    The market  value is what price the house will bring at any given point in time.  It is an informal estimate based on sales of comparable properties performed by a real estate agent.

2.  How can I save on closing costs?

Many buyers are surprised at how much closing costs can average, usually around 2 to 3 percent of the total home purchase.  Here are some ways to save:

-Negotiate with the seller to pay all or part of closing costs. Obviously this must be agreed by both parties.

-Shop around for the best loan deal.  Each direct lender and mortgage brokerage has their own fee structure.  Shop around for the best possible deal.  Your real estate agent should be able to help you.

3.  How do I find a good agent?

Get a recommendation from a work colleague or a  friend and ask them if they would use that agent again.  Keep in mind that typically, most good agents work full time and have several years experience.

And most importantly, always remember that the single most important job of your real estate agent is to expose your home to the greatest number of qualified buyers… Period!

Now, since 90% of all home buyers start their home search on-line, the real estate agent MUST have a strong Internet presence.  So, simply go to Alexa.com and compare each real estate agents global traffic ranking.  For instance Google is #1, Facebook is #2 which means they rank #1 & #2 globally in terms of traffic.  You want to list with an agent and company with a really low ranking.

You can also grade an agents web site at MarketingGrader.com to measure the overall effectiveness of their web site when it comes to marketing, SEO (Search Engine Optimization), lead conversion and social media.  This is graded out of 100 and the higher the number, the better.

So, it would be wise for sellers to gather some agents names and web sites and see how they measure up to one another before they list their Windsor Ontario homes for sale.  In short, thanks to technology, you can now see which agents have the greatest number of buyers visiting their sites where your home will potentially be posted.

4.  Do I need a home inspection?

Yes.  You never want to buy a home “as is” as major repairs and a variety of unforeseen problems can be very costly.  The last thing you want is your dream home turning into a nightmare.  A home inspection is the best money you will ever spend when purchasing any Windsor Ontario homes for sale.

 

 

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