Seller FAQ
Do I really need a real estate agent to sell my home?
Most sellers choose an agent for pricing accuracy, negotiation strength, marketing reach, and legal protection. Especially in a regulated market like Ontario.
How do I know what my home is worth right now?
Your home’s value is based on recent local sales, current buyer demand, and your property’s condition—not online estimates. A local market evaluation gives the most accurate picture.
Do I need to stage my home before selling?
Even light staging and decluttering can help buyers emotionally connect and may lead to faster offers and better sale prices.
How long does it usually take to sell a home?
This varies by location, price range, and market conditions. Some homes sell in days, others take longer. Strategic pricing and strong marketing make the biggest difference.
What costs should I expect when selling a home?
In Ontario common costs include real estate commissions, legal fees, mortgage discharge fees, and adjustments like property taxes or utilities.
What is a conditional offer?
A conditional offer means the buyer has conditions—such as financing or a home inspection—that must be met before the sale becomes firm.
Can I accept an offer and still back out?
Backing out can lead to serious legal and financial consequences. Once an offer is accepted and becomes firm, it’s legally binding.
Do I have to disclose problems with my home?
Yes. In Ontario, sellers must disclose known material defects that could affect a buyer’s decision or the property’s safety or value.
How do multiple offers work?
In a multiple-offer situation, buyers submit their best offers, often without knowing competing prices. Your REALTOR® helps you evaluate more than just price—terms matter too.