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May The News Be With You

Updated: Jul 14, 2021




May brings a time of year for rejuvenation! Warming weather offers fresh foliage and along with it, a choir of birds to wake us in the morning. These new warming evenings will give us a chance to finally reconnect with friends and family, safely in the great outdoors. All the while, a slight correction in the real estate market is occurring. Perhaps this is your chance to enter the market or adjust your position within it. This may be the time to move into your own home, invest in a multi-unit rental, or if your career has shifted to WFH life permanently, you may have a chance to live in a new town or out in the country - a big change of scenery! Whatever you’re looking for, we can help advise you on the steps to make it happen, and we’re rooting for your success.

-EXP Ossington Team


 

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Who are we? We’re a tight-knit, high-producing, professional Real Estate team. Our mission is to help our clients achieve their real estate and future-planning goals by empowering them with team-oriented work, sharing of knowledge, and building on our collective successes. We work hard, we set high goals and standards, and we play hard!



 

Carl's Traffic Report

May is generally a time in Toronto when buyers get exhausted by bidding wars and relax enough by the additional supply of listings to afford themselves more time and consideration in their house hunting. Normally the reason for the increase in listings is simple: the weather. Most people understandably feel that marketing their home when the flowers are out, the sun is warm, and nature has come back to life is a favourable way to present their home for sale. This is true. It’s also true that because that is correct many people feel the same way. And so the result is more listings to choose from. Since some buyers have already purchased and are no longer in the market, what happens is there’s less competition in general and so there’s more of a balanced market force between buyers and sellers. What’s great about this is that the buyers that we represent can have more of an opportunity to properly inspect the properties they’re considering purchasing, and more thoroughly investigate the financing options that they might take advantage of for the purchase. Another thing that’s excellent is that we have more of an opportunity to negotiate with the sellers and their representatives to ensure that the terms of the purchase agreement are the best they can be down to small but consequential details that will make the whole experience of purchasing a home easier, more efficient and less wasteful than it can be when rushed.

-Carl Laudan, REALTOR®, EXP Ossington Office Manager


 

Market Snapshot of May 2021

 

How to Prepare Your Home for Staging

Repair anything that’s broken or unsightly:

The details are everything! A cracked windowsill or loose baseboard may seem small, but these things subconsciously add-up for buyers. A freshly repaired home or condo is much more soothing to the eye, and desirable which will therefore likely fetch a larger sum than the cost of the many small repairs.


A fresh coat of white paint does wonders:

Fresh, clean, white paint is a blank canvas for a new owner. They're able to picture the things they have or want much more clearly in a place that’s been freshly painted, and even see themselves in the home! In a rural home where you’re likely to get more sunlight - try a warm cozy white like Behr Premium Polar White, in a city dwelling where the light is reflected off of buildings, a cooler bright white will feel fresh - try Benjamin Moore’s Lily White, when working to restore a historical home-look for paints like Farrow & Ball’s Archived Colour, Farrow’s White to best preserve the feeling of the home.

Declutter as much as possible throughout:

Showing off your home should be oriented on the character of the building itself rather than the current interior design choices. The viewer should be able to imagine the things they’d like to showcase when it becomes theirs, rather than being distracted by your items. Take this opportunity to pack, organize, and downsize wherever and whatever you're able to. Also, try to remove any bulky stored items or pieces of furniture. Give the stager the space they need to show off the clean, natural beauty of the spaces.

Let go, and trust your staging professional:

Ok, here’s the hardest part; time to let go and trust the professional staging team you’ve hired! They will have spoken to your realtor about target-market, current trends, and will luxuriously stage according to the price you’re asking for the home. It comes as a shock to a lot of sellers that the house is no longer designed in their own interior style. Fortunately, your stager knows what they’re doing, and you can feel confident to leave it in their very capable hands.




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