Four Rs of Residential Real Estate

Posted on September 26, 2008 
Filed Under Buying Your New Home, Listing and Selling Your Home, Valerie Zinger

1.  Research – Not many people buy the first house they see.  A lot of time is spent by buyers and sellers in researching locations, current market conditions, community services (schools, playgrounds, shopping) and comparable properties.

2.  Respect – When entering into a business transaction, such as buying and selling a home, respect for and from all parties eases the process of making a deal.  It remove negative feelings from becoming part of the procedure.  

3.  Reality – No matter how valuable we think our homes are, the market determines the value.  The reality is that we can not always set the final price and the timing of a sale.  The market will speak louder than the property owner.  The other reality is that we cannot always find our dream home and that some concessions will likely be made in the purchase of a home.

4.  Remuneration – Buying or selling a home involves payments for the house, the REALTOR®, the movers and all other service providers such as building inspectors, lawyers and insurance people.

 

Valerie Zinger ~ Ottawa, Ontario ~ Ph. 613-723-5300 ~ Email vzinger@royallepage.ca

Comments

One Response to “Four Rs of Residential Real Estate”

  1. Real Estate Resource on September 29th, 2008 4:24 am

    Real estate investment might be a risky business venture but if you know the basic strategies, it will help you stay on the right track.

    Best Regards,

    Jan

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