Real Estate

4 Reasons to Consult with a Toronto Real Estate Agent

If you’re not a Toronto realtor / Toronto real estate agent yourself, it may be helpful to seek advice from a professional realtor. Professional representation when buying or selling a home can be invaluable.

Here are a few reasons why:

1. They can protect your interests

First and foremost, a real estate agent is well-versed in purchase contracts. As a professional Toronto realtor frequently deals with these contracts, they’re familiar with what conditions work in your favor. Ultimately they can ensure you’re protected if certain conditions aren’t met or if you can’t meet certain conditions.

2. They’re experts at negotiating

Hate the 70s decor but love the rest of the house? Your real estate agent may be able to negotiate a better deal by taking the cost of upgrades into account.

3. They’re aware of market conditions

Market conditions are important factors when considering to buy or sell a house. A Toronto realtor is aware of these conditions — such as average days on the market, average sales prices of similar homes, and ratios of list-to-sold prices.

4. They handle the paperwork

This one should be self-explanatory. Do you want to be knee-deep in a 10-page purchase agreement? Skimming doesn’t cut it, either — one mistake or oversight could result in a lawsuit.

Whether buying or selling, a real estate agent like Elli Davis is good to have in your corner. They can talk up your listing to potential buyers, negotiate counter-offers, and answer any questions you may have along the way.

The Importance of Egress Windows

Selecting windows can aid in the aesthetic appeal of your home. Today’s selection presents many options, which can be tailored to meet a particular aesthetic look and feel: casement, awning, bay, triple slider, and specialty shaped are just a few options available to those looking to replace or install new windows. However, windows are not utilized to merely enhance the curb appeal of a home. In fact, there are strict regulations around Egress windows and the placement of them in a home. Here are a few facts on Egress windows:

  1.  Egress Windows provide emergency exits in case of a fire
  2. Windows should be easy to operate and obviously operable
  3. The Public Health Act states “For buildings of 3 stories or less and except where a bedroom door provides access directly to the exterior, each bedroom shall have at least one outside window which may be opened from the inside without the use of tools or special knowledge*.” *special knowledge refers to if a window requires several steps to operate.
  4. A recommendation is that the sill of the window, used for emergency exits, be no higher than 1.5m off the floor. Basement bedroom windows should have improved access, such as built in furniture below the window to provide easy exit access.

If your current windows do not meet the recommendations, then contact Custom Window Designs. As an expert in egress window requirements, their skilled staff will ensure your investment and home is safe

MLS listings toronto

3 Keys to Selecting the Right Real Estate Agent

Whether you are looking to buy or sell a property, the process can be overwhelming. So when selecting the right real estate agent, they should provide confidence and peace of mind. However, how can you determine what real estate agent is the perfect fit for you and your needs? Below are a 3 ways you can size up an agent’s record and potential –before you hire.

Research their Reputation and Pick a Winner

Make sure a prospective agent is licensed, respected, and awarded by clients, real estate peers, and staff members.

Select an Agent with Experience

Select an agent who has been in real estate for 5 years and one who has a particular knowledge of the area your home, or desired home, are in.

Look at Current Activity

Select an agent who is regularly active and has an attractive presentation on the web; as it shows they know how to use this tool effectively.

If you are looking for an agent with a specialty in MLS listings Toronto, and meets these 3 criteria guidelines, then Elli Davis is the agent for you. Elli Davis has an experienced team of licensed professionals, full time administration, and is recognized by her peers and clients as “the perfect professional, always going the extra mile.” She is consistently ranked as the #1 agent for Royal LePage in Toronto for over 24 years and specializes in all central Toronto residential areas including homes and condominiums. If your looking to be added to her listings of homes sold in 30 days, contact Elli Davis today!

Toronto’s Home Prices Compared to Other World Cities

Toronto’s Home Prices Compared to Other World Cities

In a recent article in the Toronto Star, Tess Kalinowski a Real Estate reporter quotes Mark Renzoni, president of global commercial real estate giant CBRE:  “Toronto’s soaring home prices are in line with the reality of other world cities such as New York, Hong Kong and London.” If you compare the prices between Toronto and other major cities, in terms of high-rise properties, Toronto is reasonably priced.

The article goes to mention that Toronto’s real estate is not being driven by foreign capital as most may immediately assume. It’s being driven by Canadians moving up and buying a home for the first time.  A lot of it has to do with low interests rates and a good job market in Toronto currently. If you take a closer look into the foreign interest in Toronto real estate, it’s families and students attending Toronto Colleges and Universities. They have family living here or a spouse working in Toronto while other foreign investors are purchasing residential real estate because they believe in the quality of their investment here in Toronto.

Are you looking to buy or sell in Toronto?  Contact Elli Davis, Toronto’s leading real estate agent. Obtain information on Toronto real estate listings and keep on top of properties that were just listed on MLS.  Learn more about buying real estate in Toronto today.