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Zan Molko
ABR, ASP, ASA, Real Estate Broker

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Timing is everything... or is it?

 

I was out showing homes and condos this past weekend to several families, and a common theme of questions came up.

You may have heard the expression "Timing is everything" Typically it means being around at the right time and place for things to happen in your favour.  Consequently, I always hear these questions. "Is the this the best time to sell?" or "Is this the right time to buy?"

Truth is, the time is right when the time is right for you to satisfy your personal housing needs. The question should not be when should I ... but rather, "How much time do I need to find a home or condo"?

Here are some timing guidelines. (Please recognize that there are always exceptions. The shortest time I have had from meeting someone until they actually moved in to a condo was 8 days, and that obviously included getting all the legal documents and process like a status certificates etc.  The longest time has been just over two years.)

For Buyers:

Meet to understand Real estate needs: 1 - 7 days

Mortgage Approval: 1- 7 days

Set Search Parameters  1- 3 days

Searching for Home/Condo: 1 - 90 days

Submitting and Concluding Offer: 1-3 days

Condition to Firm Offer: 1 - 10 days

Closing: 30 - 90 days

Summary: 36 - 210 days  OR one to six months

For Sellers:

Meet to understand Real estate needs: 1 - 3 days

Prepare Marketing plan:  1- 3 days

Stage/Get Home ready for sale: 1 - 14 days

Home on Market: 1- 30 days

Submitting and Concluding Offer: 1-3 days

Condition to Firm Offer: 1 - 10 days

Closing: 30 - 90 days

Summary: 36 - 144 days  OR one to 4 months

 

So if you want to be in a new home or even your first home or condo by June, we should meet today to review your real estate needs and wants.

Please contact me today to set up your no obligation consultation.  zan@zanmolko.com 416-410-9909 or Skype zanmolko

Enjoy this week's selection of homes & condos currently available and don't forget to visit www.TorontoMarketWatch.com to view all your personally selected homes and condos at your leisure.

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