MFR November 2019 Real Estate Newsletter - Modern Family Realtor

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MFR November 2019 Real Estate Newsletter

It seems like the year has flown by. I hope it has been a good one for you. The Modern Family Realtor team is here to assist you in any way.

As the end of 2019 approaches, you may be making plans for the coming year and thinking about what the new year will bring for you and your home.

You may, for example, be thinking of doing some renovations or redecorating. You may even be considering making a move in 2020, or at least exploring the possibility.

No matter what you’re planning, it’s not too soon to take some initial steps.

In fact, if you’re considering looking for a new home in the spring, this is the ideal time to start doing some preliminary work – such as determining the market value of your current property, getting a prearranged mortgage, and identifying neighbourhoods you’d like to consider.

Spring can be a very busy time in the real estate industry, so the relative calm of November and December can be the perfect time to get some plans in place.

I’m always here to help if you need me. Call anytime.

Paul Chan
Founder Modern Family Realtor

Sales Representative Right At Home Realty Inc., Brokerage
D: 416.705.2444
E: [email protected]com
“The highest compliment you can give me is a Referral!”

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How to Quick-Prep Your Home for Sale

Ideally, you should plan to have plenty of time to prepare your home for sale. You want to be able to get everything fixed and cleaned up, and perhaps even make a few improvements, such as installing a new countertop in the kitchen.
For any number of reasons, that’s not always possible. If you have to suddenly relocate for work, for example, you may have only days to make your home “show ready” for the market.

What should you do? The answer is: the essentials.

First, arrange to get any maintenance issues dealt with immediately. If you have a clogged shower drain or cracked windowpane, call a professional repair person. Even if those items don’t get fixed by listing day, you can inform buyers that the repairs are scheduled – and that receipts proving that the work was done professionally will be available.

Next, you need to do a thorough clean-up. Staging experts (those who professionally prepare homes for sale) unanimously agree that making each room look neat and tidy is essential. Even something as seemingly minor as dust accumulation on blinds can impact buyers.

If you still have time available before the For Sale sign goes up, consider doing some redecorating. Stand in each room and ask yourself, “How can I make this room look more spacious and appealing?” Oftentimes, simply rearranging the furniture and moving a few items into storage will make a dramatic difference.

Yes, prepping your home on a tight schedule takes some work. However, in just two or three days, you’ll have a property that is more attractive to prospective buyers. It will show better, and, as a result, it will likely sell faster.

Looking for more ideas for selling your home, quickly? Call today.

Décor Colour Choices Can Be Psychological

Although choosing a room’s colour is highly personal, it’s worth noting that studies have linked specific colour tones to psychological behaviours. In fact, many doctors, scientists and design experts believe that certain colours can actually influence your mood or motivation.
The following list provides a general interpretation of commonly held views about how we perceive colour. It may help you decide on the colours you’ll use in your next interior painting or decorating project. While some suggested connections may seem obvious, others might surprise you.

White: cleanliness, purity, innocence.
Yellow: concentration, attentiveness, optimism.
Orange: abundance, expressiveness, passion.
Red: emotion, creativity, appetite.
Purple: status, opulence, indulgence.
Blue: trust, confidence, productivity.
Green: tranquility, comfort, nourishment.
Brown: honesty, sincerity, simplicity.
Black: contemplation, dedication, commitment.

Of course, subtle differences in hues and shades can evoke different emotional responses. As a result, complementary colours can sometimes seem to conflict with the expected psychological response to your primary selection. So, despite all the available scientific information, you should consider your instincts as well.

Choosing a “Seller-Friendly” Contractor

Although there are many terrific contractors out there, there are always a few bad apples. When preparing your home for sale, you need a contractor that gets your job done on time, on budget and without creating a big mess.
To help make sure that happens, ask prospective contractors these questions:

  • “Will I be issued a receipt detailing the work done?” This is handy to have as you might want to show it to buyers.
  • “Do you thoroughly clean up the work area each day?” This is especially important if your home will be shown to buyers during this period.
  • “Is the project schedule realistic? Is there a chance the work might take longer than expected?” Delays can negatively impact the sale of your home. It’s better to get a realistic timeline from the contractor, rather than an ambitious one.
  • “Under what circumstances will the final price be higher than quoted?”

Of course, you also need to check references and do other due diligence to ensure the contractor is a “good apple”.

Looking for a contractor recommendation. Call today.

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