Maureen Reed

Coldwell Banker Terrequity Realty Brokerage

Common Selling Mistakes

Mistake #1 -- Placing the Wrong Price on Your Property
Every seller obviously wants to get the most money for his or her product. Ironically, the best way to do this is NOT to list your product at an excessively high price! A high listing price will cause some prospective buyers to lose interest before even seeing your property. Also, it may lead other buyers to expect more than what you have to offer. As a result, overpriced properties tend to take an unusually long time to sell, and they end up being sold at a lower price.

Mistake #2 -- Mistaking Re-finance Appraisals for the Market Value
Unfortunately, a re-finance appraisal may have been stated at an untruthfully high price. Often, lenders estimate the value of your property to be higher than it actually is in order to encourage re-financing. The market value of your home could actually be lower. Your best bet is to ask your realtor for the most recent information regarding property sales in your community. This will give you an up-to-date and factually accurate estimate of your property value.

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Common Selling Mistakes

There are some common errors that can be avoided when you are selling your home. I want to make sure you are well informed.


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Maureen Reed
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Phone:	416-495-2336
Cell:	416-895-4883
Fax:	416-233-2713
Address:	3082 Bloor Street West, The Kingsway / Royal York
City:	Toronto
Province:	Ontario M8X 1C8
Country:	Canada

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Maureen Reed, Real Estate Professional for Coldwell Banker Terrequity Brokerage works in Southern Ontario Canada in the regions of: the Great Toronto Area (GTA) and Metropolitan Toronto. Working in the local community of Alderwood, Bloor West Village, Bloordale Gardens, Centennial Park, Chestnut Hills, Eatonville, Etobicoke, Eringate, Glen Agar, High Park, Humber Bay, Humber Heights, Humber Valley Village, Islington, Islington Village, Islington City Centre West, Lambton Baby Point, Long Branch, Kipling, Kingsway Village, Manor Gardens, Markland Wood, Mimico, Mississauga, New Toronto, Parkdale, Princess Ann Manor, Princess Margaret, The Queensway, Rexdale, Richview, Roncesvalles, Runnymede, South Parkdale, Stonegate, Smithfield, Sunnylea, Six Points, Swansea, The Elms, The Junction, The Kingsway on Bloor, The Queensway, Thistletown, Thorncrest Village, Waterfront Communities - The Island, West Deane Park including South Etobicoke, Central Etobicoke, North Etobicoke and MLS areas: W1, W2, W3, W6, W7, W8, W9, W12, W13, W14, W15, W16 howrealtorshelp.ca

- Toronto Realtor, Maureen Reed, Sales Representative, Coldwell Banker Terrequity Realty Brokerage -"the name to call for all your real estate needs"
- not intended to solicit buyers or sellers currently under contract with a brokerage

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Common Selling Mistakes

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What's Your Home Worth?

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