The World As 100 People -No Need For Realtors

   The World As 100 People!

  The World As 100 People

If you could shrink the earth’s population to a village of exactly 100 people, with all the existing human ratios remaining the same, it would look like this.

  • 57 Asians
  • 21 Europeans
  • 14 from the Western Hemisphere
  • 8 Africans
  • 52 would be female, 48 would be ….?
  • 70 would be non-white, 30 white
  • 70 would be non –Christian, 30 would be Christian
  • 59% of the world’s wealth would be in the hands of only six people, and all six would be North American
  • 80 would live in substandard housing
  • 70 would be unable to read
  • 50 would suffer from malnutrition
  • Only one would have a university degree
  • No one would have a computer
  • One would be near death, and one is about to be born.

You can see that there are no real estate people, no lawyers, no accountants, no car salespeople, no need for voice mail, no waiting for cable or phone hook-ups, no surly or indifferent waiters, no taxman, no politicians, no lineups, no ________________ (your pick).

  Why not drop me a line with what the moral of the story should be!

Getting Your London Ontario Home Ready To Sell Before It Goes on MLS

      A Great Way To Ensure Your London Ontario Home Sells

Getting a home ready to sell on MLS, though fraught with anxiety, is not as hard as you may think and the effort you put in will make a huge difference in how quickly it sells and for how much.

Every seller wants her home to sell fast and bring top dollar. Does that sound good to you? Well, it’s not luck that makes that happen. It’s careful planning and knowing how to professionally spruce up your home that will send home buyers scurrying for their chequebooks. Here is how to prep a house or a condo and turn it into an irresistible and marketable home.

Time Required: Seven to 10 Days

preparing to sell your home

Here’s How:

      1.        Disassociate Yourself With Your Home.

  • Say to yourself, “This is not my home; it is a house or a condo– a product to be sold much like a new home builder will do it. It is bricks and mortar!
  • Make the mental decision to “let go” of your emotions and focus on the fact that soon this house will no longer be yours.
  • Picture yourself handing over the keys and envelopes containing appliance warranties to the new owners!
  • Say goodbye to every room.
  • Don’t look backwards — look toward the future.

2.            De-Personalize.
Pack up those personal photographs and family heirlooms. Buyers can’t see past personal artifacts, and you don’t want them to be distracted. You want buyers to imagine their photos on the walls, and they can’t do that if yours are there! You don’t want to make any buyer ask, “I wonder what kind of people live in this home?” You want buyers to say, “I can see myself living here.”

3.            De-Clutter!
People collect an incredible quantity of junk. Consider this: if you haven’t used it in over a year, you probably don’t need it.

  • If you don’t need it, why not donate it or throw it away?
  • Remove all books from bookcases.
  • Pack up those knickknacks.
  • Clean off everything on kitchen counters.
  • Put essential items used daily in a small box that can be stored in a closet when not in use.
  • Think of this process as a head-start on the packing you will eventually need to do anyway.

4.            Rearrange Bedroom Closets and Kitchen Cabinets.
Buyers love to snoop and will open closet and cabinet doors. Think of the message it sends if items fall out! Now imagine what a buyer believes about you if she sees everything organized. It says you probably take good care of the rest of the house as well. This means:

  • Alphabetize spice jars.
  • Neatly stack dishes.
  • Turn coffee cup handles facing the same way.
  • Hang shirts together, buttoned and facing the same direction.
  • Line up shoes.

organizing your condo before it sells

5.            Rent a Storage Unit. 
Almost every home shows better with less furniture. Remove pieces of furniture that block or hamper paths and walkways and put them in storage. Since your bookcases are now empty, store them. Leave just enough furniture in each room to showcase the room’s purpose and plenty of room to move around. You don’t want buyers scratching their heads and saying, “What is this room used for?”

6.            Remove/Replace Favorite Items.
If you want to take window coverings, built-in appliances or fixtures with you, remove them now. If the chandelier in the dining room once belonged to your great-grandmother, take it down. If a buyer never sees it, she won’t want it. Once you tell a buyer she can’t have an item, she will covet it, and it could blow your deal. Pack those items and replace them, if necessary.

         7.          Make Minor Repairs.

  • Replace cracked floor or counter tiles.
  • Patch holes in walls.
  • Fix leaky faucets.
  • Fix doors that don’t close properly and kitchen drawers that jam.
  • Consider painting your walls neutral colours, primarily if you have grown accustomed to purple or pink walls.
  • (Don’t give buyers any reason to remember your home as “the house with the orange bathroom.”)
  • Replace burned-out light bulbs.
  • If you’ve considered replacing a worn bedspread, do so now!

minor repairs to your condo

      8.         Make the House Sparkle!

  • Wash windows inside and out.
  • Rent a pressure washer and spray down sidewalks and exterior.
  • Clean out cobwebs.
  • Re-caulk tubs, showers and sinks.
  • Polish chrome faucets and mirrors.
  • Clean out the refrigerator.
  • Vacuum daily.
  • Wax floors.
  • Dust furniture, ceiling fan blades and light fixtures.
  • Bleach dingy grout.
  • Replace worn rugs.
  • Hang up fresh towels.
  • Bathroom towels look great fastened with ribbon and bows.
  • Clean and air out any musty smelling areas. Odours are a no-no.

  9.          Scrutinize.

  • Go outside and open your front door. Stand there. Do you want to go inside? Does the house welcome you?
  • Linger in the doorway of every single room and imagine how your house will look to a buyer.
  • Examine how furniture is arranged and move pieces around until it makes sense.
  • Make sure window coverings hang level.
  • Tune in to the room’s statement and its emotional pull. Does it have impact and pizzazz?
  • Does it look like nobody lives in this house?

10.          Check Curb Appeal.

If a buyer doesn’t get out of her Realtor’s car because she doesn’t like the exterior of your home, you’ll never get her inside.

  • Keep the sidewalks cleared.
  • Mow the lawn.
  • Paint faded window trim.
  • Plant yellow flowers or group flower pots together. Yellow evokes a buying emotion. Marigolds are inexpensive.
  • Trim your bushes.
  • Make sure visitors can read your house number.

Bonus Report ! 14 pages packed with ideas, get it now!

House Pricing Strategies Used To Get You To Buy a London Ontario Home

In real estate, four pricing strategies by home sellers and their Realtor are in place since Adam & Eve had to go out and look for a place of their own! A side note here, is real estate the oldest profession in the world?

pricing a home in London Ontario

Overpriced:

Every seller wants to maximize the amount they receive. They may have an inflated value of what their home is worth because of: getting opinions from un-informed advisors and friends, having an over-financed house, or they have renovated their home to a standard not consistent with their neighbours.

Somewhat Overpriced:

  About 75% of the homes on the market are overpriced. These homes sit on the market longer than they should as well. There are two main reasons these homes are overpriced. The seller believes that the house is worth more than the market has indicated, OR, the seller has left room for negotiating.

 Priced Correctly At Market Value: 

Some sellers understand that real estate is part of the capitalistic system of supply and demand. They have realistically priced their homes based on a thorough analysis of other homes on the market prepared by a competent and knowledgeable Realtor. These competitively priced homes usually sell in a reasonable time and very close to asking price.

  Priced Below the Fair Market Value:

A quick sale motivates some sellers. These homes could attract multiple offers and sell fast, and, at or above, the asking price!

As a buyer, do you know which strategy is in place?

Why?

Knowing how to get an offer accepted at a price you are pleased with is a skill that very few Realtors have. I hope I have raised your awareness of how real estate value perceptions are determined; a quality representation can save you a lot of time and money.

Townhouse For Sale Pond Mills, Needs TLC A Bargain At $185,000

Photo Link
Needs Some Love

•  2 bath , 3 bdrm townhouse – FOR SALE  CAD185,000 . A Wow Price

Wow, a three bedroom, 1 1/2 bathroom townhouse for sale in an excellent condominium neighbourhood. It is being sold “as is.” Open house this Sunday 2-4 PM. Great location, easy access to 401, walk to schools, parks and shopping, needs some TLC, the last two sales in this complex were $240,000 and $225,000!

Property information

When Selling a London Ontario House, Don’t Turn Buyers Off

 What Turns Home Buyers off  When Looking at Homes in London & Area?

Messy Rooms Cause Buyers To Leave

 ODOURS …Overwhelmingly, the #1 complaint among prospective buyers was unpleasant odours in the home.  The chief offenders were smoke, pet odours, and exotic cooking aromas.  Buyers turn around and walk out because of the smells so oppressive.  Most of us are unaware of the ‘peculiar’ odours of our homes because we become immune to the smells – the buyers are not resistant to these same odours.

  CLEANLINESS...This # 2 complaint was that the seller did not bother to clean.  We’re not talking about home staging (which will help) or even unrealistic expectations of the home being spotless – just simple old-fashioned cleaning.  Selling your home can be a bit inconvenient, but when you have advance notice that a buyer is coming to view your home – clean it up!!!  At the very least, remove the pile of dirty dishes from the sink.

keep your house spotless when selling it

SELLER Being at HOME…Coming in at #3 is having the owners at home while the buyers are trying to view it.  Most buyers felt very uncomfortable with the seller there.  Many said they could not take the time to look at the features of the home because they were in such a hurry to get away from the seller.  A real problem for those selling their own home as they are usually the ones showing.

  CLUTTER...The #4 complaint is related to the cleanliness point – the dreaded clutter.  We have all seen it on the home shows; many buyers have a hard time understanding your home because of all your stuff.

 UNFINISHED PROJECTS...Unfinished projects take the #5 spot.  If you are planning on selling your home, finish up any on-going home improvement projects before placing it on the market.  Homes with half-finished painting, flooring, trim, etc. gave buyers a wrong overall impression.

When your home has the right price, and you have addressed the other items on this list, it will stand out and sell!

Exclusive Envelope Real Estate Home Audit

Our ‘Exclusive Home Audit’ that we do before putting your home on MLS, on all our websites, on all our social media pages, our blogs, our signage entails these 5 and 31 other points.  We go over everything with you so that you can sell your home quicker, for more money!

  Why is That?

We devote our time in excite buyers & their Realtor about making appointments to see your home!

Lambeth London Ontario Houses And Townhouses

   Would you like to know what homes have been selling and what for how much? How long they took to sell? You can by requesting those facts here.

 In 2018, 149 houses sold in the Talbot Village,  Southwinds &  Lambeth neighbourhood of London for a median price of $591,504 which was 99.08% of the asking price and these took 21 days on average to change hands.

 Twelve condominium townhouses and townhomes in Lambeth sold in 2018 for an average $479,900 which was 99.22% of the asking prices and sold within an average of 16 days.

Lambeth London Ontario houses & condos,  including Talbot Village and Southwinds, set a record in 2017 with 232 homes selling for close to the asking price and taking about 20 days to sell on average, for condos in Lambeth, 8 sold, a median time to sell was 25 days and these sold for 98.62% of the asking price.

Search all the houses & condos for sale in Lambeth, Talbot Village

 More London Ontario Neighbourhoods

  Communities Near London Ontario

Lambeth London Ontario House Buyers

Lambeth is a neighbourhood in the south west of London about 10  minutes to downtown.

The 401 and 402 highways are 3 minutes away and within a 20 KM drive are six golf courses! There is a newer shopping plaza at the corner of Colonel Talbot Road and Southdale Road West with groceries, a pharmacy, dining and fast food, banking etc. As well a newer neighbourhood called Talbot Village.

Schools and churches are bountiful along with professional services. Lambeth has homes from entry level to executive properties and condos. Drive through Talbot Village for new houses and condos, Southwinds Village for some sprawling dwellings, or the Outer Drive area going south on Colonel Talbot Road or the heart of Lambeth, some quaint shops and a multitude of services.

 

Lambeth in London Ontario

Elementary Schools

Lambeth Public School

St. George Catholic School

High Schools
Saunders Secondary School

Regina Mundi Catholic College

St. Thomas Aquinas Catholic Secondary School 

Sports

Lambeth Minor Hockey

Lambeth Youth Soccer

London Area Sportsfields

Churches

Forest City Community Church

New Hope Community Church

St.George Roman Catholic Church

Trinity Anglican Church

 

 

 

 

Is It Possible To Get A Good Buy On A London Ontario House For Sale?

When buying, everyone that I have ever helped wanted a good buy on a London Ontario house for sale.

Saving money when buying real estate London Ontario

  What is a good buy?

  • Gobs of money off the listing price?
  • A little off the listing price?
  • The seller lets you have his lawn mower and snow blower? Their cat?
  • The house or condo is what you wanted, is in the neighbourhood you wanted and in a very good condition?
  • You bought something bigger & nicer than your friends have?
  • Was it listed at a fair price?

   So how do you know its a good deal?

  • You think it is (perspective)?
  • You feel it is?
  • Your Realtor said it is?
  • Your hairdresser said it is?
  • Facts and neighbourhood history say it is?

Buying a home and deciding on one is an emotional ride that you get to slow down with logic, but whose emotions, yours, your Realtors, your children, spouse, in-laws?

When buying a home, use logic first in whom you choose to help you, not only a Realtor but a lawyer, a home inspector if needed and a mortgage provider. Choose those first before you even go and look at a house or a condo.

  That way, you will get a good buy!

A London Ontario Realtor’s Largest Competitor

A Realtor’s largest competitor, deal breaker & stressor is themselves!

I am not popular in stating the above, I am criticized and have been threatened by others to report me to our licensing board for disparaging remarks about Realtors.

Definition of a Realtor's Competitor

Let me be clear and blunt; I can say this and prove it. I am a Realtor. I am the owner of a very small real estate brokerage in London Ontario; I am also the broker of record which means the buck stops with me, any success or failure starts and ends with me. I am 100% responsible.

My biggest competitor is me, any transactions that were not successful it would be easy to blame the buyer, the seller, the lawyer, the mortgage company, the economy, the weather, the Blue Jays had a losing season, it’s a long weekend or fill in the blanks here.__________________!

That 24 hours a day other person living in your head, do this, do that, continually talking and talking to you. If we had a friend like that we would lose them very quickly.

Being involved in hundred’s of transactions over the years, I have seen, heard and experienced the good and the bad, even the ugly.

So why am I still helping residential buyers and sellers, investors and other Realtors get what they want? I love the challenges and realize that not only am I my most significant competitor, but every person I come into contact with also have that second person inside them as well, their antagonizer! Spouting all the negatives, contradictions, positives and negatives every second.

So, am I perfect, do I have a 7 step program that will instantly change your life? No!

I know for me because I am a work in progress, I have the courage every morning to understand that I am the enemy. That frees me to eliminate ego quickly, that I must work harder, learn more, be more, see more, that any failure is a lesson and at the end of the day when I give 100% and have empathy, I have beaten my largest competitor!

That is called success. That is called freedom to excel!

Who Do You Listen To When Buying London Ontario Real Estate?

When you go shopping for a house or condo to buy, two homes are competing for your attention: the one that meets your needs, and the one that fulfils your desires.

looking to buy a house or a condo in London Ontario

In one of the greatest financial books ever written, ‘The Richest Man in Babylon,’ George Clason writes that there are two kinds of study: the one type being the things we learned and knew, and the other being the training that taught us how to find out what we did not know.

I read this book yearly to refresh and remind myself of some straightforward financial basics, while very simple and easy to do, most Canadians do not follow, perhaps because it is so simple to make wise financial decisions.

It is like a person complaining of a sore belly, goes to their doctor and tells the physician that Dr. Google says it is blah blah blah! The kind physician ( the one not rolling their eyes or thinking “Oh no, here we go again) will ask questions, identify the cause or the remedy and treat the problem.

In real estate the same thing, wise, intelligent people listen to what their neighbour or co-worker says, read “how to save thousands when buying real estate’, or watch all those reality shows and then become experts in buying a house or a condo.

Home sellers and their real estate representative love you, because you are the one who overpays for a home (yet brag that you got a good deal, yadayadayaa) or find out that the house has structural issues or a neighbourhood stigma.

It’s like losing weight; it’s easier to buy bigger pants!

Getting back to The Richest Man in Babylon, why not let your ego sit down for a while and find out what you do not know about buying or selling a home? In real estate, we do not have a Dr. Google, but we have everyone who has ever bought or sold a home as experts on how to buy or sell a home.

If I offended anyone by being blunt with the last paragraph, hopefully, I have at least brought more awareness that perhaps you do not have all the answers and that a professional Realtor may be your greatest asset.

London Ontario Real Estate Market For November 2018 Saw Price Increases

The London Ontario real estate market in November 2018 was quite robust with seven hundred forty-six homes sold through The London and St. Thomas Association of REALTORS® (LSTAR) in November, up 6.7% over November 2017 & 3 short of the record 749 sales in November 2016.

November had 898 new listings, an increase of 17.5% over the same month last year. The area of London East continues to be making healthy gains in both new listings and average sales price. It had 192 new listings, up 24.7 % from November 2017, where the average sales price was $302,737, up 18.7% from 2017 and up 58.9% compared to five years ago. Going back further, that’s up 75.0% compared to 10 years ago!

In London North, the average sales price was $482,202, up 24.4% from last November and up 62.4% compared to the same month five years ago. It’s an increase of 98.7% compared to the average sales price in 2008.

The sales-to-new listings ratio was 83.1%, which the Canadian Real Estate Association (CREA) says represents conditions in the marketplace that favour sellers (a rate between 40% and 60% is generally consistent with a balanced market). Looking at the major centres, St. Thomas had the highest sales-to-new listings ratio at 97.0%.

Contact me for a breakdown of prices in your neighbourhood or street, or condominium sales and prices.

The following chart is data taken from the CREA National MLS® Report for October 2018 (the latest CREA statistics available). It provides a snapshot of how average home prices in London and St. Thomas compare to other major Ontario and Canadian centres.

London Ontario Real Estate Marker Comparisons