Home Buyers Advice: Why It’s A Great Idea to Buy a GTA Home Now

Many Canadians are poised with the dilemma of renting in the short-term or leaping into ownership. Conventional wisdom would say of course it’s better to invest in a property for the future. While that is true, many renters think holding off on buying a new home is a more economically sound decision. However, the perfect dream home in their head is likely getting snatched up quickly, and ones like it are only increasing in price and demand. Here are several immediate advantages of purchasing your home:

1. Control

If you think your property can benefit from putting in a new garden, installing a new deck, or could use a new paint job – the decision is all yours. When it comes to repairs, you also don’t have to wait for the landlord to mosey over and take care of it.

2. Raising a Family

Especially for home buyers with young children, stability is everything. Homes are places made to foster great memories and create nostalgia over time. They are the backdrops of you children’s memories of you.

3. Financial Stability

Rental agreements don’t usually last for more than a year. Either does that ideal monthly rental price. Entering a fixed term mortgage rate will keep your payments predictable.

4. Investing in Your Future

Every dollar you spend to improve your home is only increasing the value of your home. In addition, every mortgage payment you make means that your home equity is also growing. Rather than paying a landlord and investing in their future every month, you are investing in your own.

Reasons to Buy a Home in the GTA now

The GTA is full of many great neighbourhoods, homes, and possibilities. Here are some reasons why it’s the right time to buy a Toronto home sooner, rather than later:

Reason #1 – The Greater Toronto Area is Growing Fast

Toronto is growing. That is one trend isn’t going to stop. In fact, the city of Toronto has projected that Toronto’s current population of over 2.6 million is bound to increase to  7.45 million in just over 20 years. When we start to think about where this increased population is going to live, purchasing property now becomes a better proposition.

Reason #2 – Deep Savings Are Out There

There are many undervalued properties on the market that are offering deep discounts. Whether it be a simple fixer-upper, a property with an owner who is eager-to-sell, or a fairly priced home in an up and coming neighbourhood, there are many great steals out there if you know where and how to look.

Reason #3 – Several Great Neighbourhoods

There are many great neighbourhoods in the GTA that will fit you and your families lifestyle. Richmond Hill, Markham, Vaughan and others all over the GTA are calling your name. Acting fast can make sure you get in the right neighbourhood, at the right time.

Reason #4 – Finding Flexible Sellers

Knowing how flexible a seller may be is a great way to end up with a great home, at an even greater price. Hiring the right agent to negotiate your price can save you thousands and thousands of dollars.

Reason #5 – Low Mortgage Payments

Mortgage rates are only bound to spike over time. This makes getting involved in a lower fixed-term mortgage payment structure now much better. Because they have never been lower, acting now can save you an exorbitant amount of money by waiting.

Finding Your GTA Real Estate Agent

Finding the best home usually is the bi-product of finding the right real estate agent. Your agent should be there to identify your needs, and use their knowledge of Toronto’s many neighbourhoods to find the perfect match.

Frank Leo has become the #1 individual real estate agent in Canada because of his expert insight into the Toronto housing market, combined with his passion for helping people move into their dream home. Contact Frank today to find the perfect home for you.


Why an Experienced Realtor Should Conduct Your Toronto Home Evaluation


When you are committed to selling your home, condo or loft in Toronto, many sellers can soon find themselves in trouble. Time and time again sellers get the wrong impression of the value of their home using inadvisable home value estimation techniques and that could lead to overestimating the price or even letting the buyer walk away with a steal. Getting valued advice from an experienced industry professional is the only way to ensure you are getting the right price and the right advice to increasing your home’s value.

How are sellers improperly evaluating their home?

Mistakes in the housing market are quite common and unfortunately can become very costly in terms of both time and money. Here are a few way home sellers are getting wrong ideas of how much their home is worth.

Online Home Evaluation Calculators

Nowadays, many people are putting a lot of value into online home evaluation calculators. Unfortunately, the value they are putting into them isn’t coming back in return. While online calculators can give you a rough initial estimate, a realtor with years of experience will be able to see things in your house that won’t be factored into the calculators algorithm. This includes things like the structural integrity of certain areas you may not even be aware of. Many homeowners are unaware of certain issues that could become major hurdles in getting to the final sale of their house. Some sellers can misvalue their house by tens of thousands of dollars when solely relying on these online estimation tools.

Comparing With Friends and Families

You may think because your neighbour sold his house for a less than ideal amount that your house may end up selling for less than what you may like. Many sellers will base their ideal price on the sales of one or two friends or acquaintances final sales prices. When you compare to only one or two homes you are missing out on the thousands of sales a professional realtor has seen.

While some of the previous mistakes aren’t technically disastrous, they can become larger when they become the only factor in which you are basing the value of your home. Make sure you do as much research as possible so you can avoid all of the common home selling mistakes that happen every day.

Let’s get the right estimate for your Toronto home

When you are selling your home or looking to buy, you need to conduct a professional home inspection. A free home evaluation from Toronto real estate expert Frank Leo will offer expert insight into your home and advice you can take advantage of. Frank has developed a great reputation in the Toronto area for not only selling homes but getting the most value for his clients.

When you have one primary focus for such a long time, you will end up knowing all the intricacies of any subject. Like Michael Jordan mastering the free throw or Jimmy Hendrix nailing a guitar solo, Frank has mastered the ins and outs of the Toronto real estate market with over 25 years of success making him the highest selling Re/Max agent in all of Canada.

How a free home evaluation from Frank Leo benefits you

For home sellers, Frank Leo’s team will give you their professional opinion with the goals of maximizing the value of your home. These goals include:

1. House Market Comparison

While most people may sell a house two or three times in their lifetime, the best professional realtors will have sold in the thousands. With such a wealth of expertise, realtors like Frank Leo will be able to compare your house to others on the market giving you a perfect estimation of:

  • How much your house should be able to sell for.

  • How long your house other houses like yours took to sell.

  • How fast your house should be able to sell at it’s listing price.

  • How much work can be done to increase the home value?

While you can get a good idea of what your home is worth by doing a quick comparison, no insight can compare to that of a professional realtor.

2. Advice to Increasing Value

In an evaluation, a good realtor will look at many areas of your house that could be improved immediately. Even small and inexpensive changes can go a long way to increasing the sale price immediately. Simple facelifts to the kitchen, removing a carpet in favour of new hardwood and installing a new garden in the front yard could end up increasing the value of your house by the thousands.

3. Understanding the Structural Integrity of Your House

How long has it been since your water heater was checked? How old are the pipes of your home? There could be problems in the bones of your house that could drop the price of the house dramatically if not attended to right away. An experienced realtor will be able to pick up on potentially flawed structural elements and provide you with the best advice on repairing any of these potential problems.

Again, using home value estimation calculators online and comparing what your house is going for on your own aren’t necessarily bad ideas. There is just so much more value in getting your home evaluated by an industry professional.

Contact Frank Leo Today

To determine if you are sitting on a potential gold mine, please feel free to take advantage of the free home evaluation from the number one selling individual Re/Max real estate agent in Canada. Frank Leo will discuss your goals, answer all of your questions, address any concerns, and take away the stress that can come when selling your home.

Book your free home evaluation appointment today, or contact Frank Leo and his expert team to help get the perfect estimate for your home. There are no obligations or commitments, but with our track record of success, you will see how he can help you sell your home in a timely manner and for the best price.

Sellers Advice: How to Stage Your Home

From boosting your curb appeal to creating a more welcoming indoor atmosphere, your home should be looking it’s best when attracting potential sellers. In order to sell your home faster, we have highlighted some strategies and key advice to help you best showcase your property.

The Outside – The First Impression

With nearly 90% of homeowners beginning their search online, your home should be able to give off a great first impression. In many cases, buyers are more likely to judge the book by its cover and pass over your listing if your home lacks an outdoor appeal. A few simple touch-ups to the outside will increase the amount of people wanting to come inside.

As we grow accustomed to the exterior of our homes after a while, we can become blind to some of the blemishes and imperfections others may notice. Take a walk around the exterior of your home and note any areas that can be improved. You may notice your roof could use some reshingling, areas that can use an extra coat of paint, cracks in the driveway that can need to be addressed and find areas that could benefit from more plants. After those considerations are made, give your lawn a fresh mow and your home should be picture perfect.

Pro Tip: Water your grass and garden about half an hour before your open house to make the lawn sparkle.

The Kitchen – The Heart of the Home

One of the most important components of a great showing is a beautiful kitchen. The kitchen has the power to close the deal, or make the deal fall through. Due to the importance of this room, it may require the most thought and care.

Clear out as much unnecessary clutter out of the drawers, fridge and counter as you can in order to give your kitchen the appearance of more space. Any clutter will only serve as a turn-off to prospective buyers.

Many buyers will be hyper-focused on the kitchen sink. Make sure it is rust free and looks presentable. By simply purchasing a modern faucet, you can improve the aesthetic appeal of your sink dramatically.

Pro Tip:  Set the dining room table with attractive linens and dishes.

Other Areas of Your Home

Now we have the entrance of your home and the all important kitchen covered, we can now focus on the other areas of your home that can be improved. Bedrooms, living rooms, studies and other areas of the house can be improved if you follow some of the following general tips”

  1. Let there be light

Buyers are attracted to light and bright rooms. If you can allow any natural light into the room, look to do so. Clean the windows, open the blinds and try to find any natural ways to let the light in. Explore some other artificial light options as well to create an open, clean and natural lighting effect.

Pro Tip – Painting your walls a lighter colour will help facilitate more natural light.

  1. Make general updates and repairs

When sellers are given an HVAC system or an appliance they either need to repair or replace, they could use them as leverage to lowball the offer on the house. If there is any broken or outdated equipment, it can be a worthwhile investment to purchase a new one. Home buyers will definitely put a brand new appliance on the good side of their pros and cons list.

Pro Tip – People love a refrigerator with an ice dispenser.

  1. Tidy and freshen up the house

Of course, this step won’t be lost on anyone reading this article. Though it’s pretty self-explanatory, there are many home visitations that could benefit from a little extra tidying up.

Clear up any clutter, closet space, shelving units, or any other areas that could help make the house more clean, open and tidy. The home buyers are likely going to want to open any drawer and closet available to them. If there is any off-site location you can store extra clutter at, that would be ideal.

The best measure to ensuring your home is perfect is to welcome an outside perspective. Preferably someone who isn’t accustomed to the smell of the house and will be more likely to notice some areas that could be improved. In any case, purchasing some fresh scent plugins and giving the house a once-over will never hurt.

Pro Tip  – The best outside advice you can get is from Toronto’s best real estate agent, Frank Leo.

With his guaranteed home selling system, Frank Leo has becoming the #1 real estate agent in Canada. Included in his system is a home staging consultation that is both guaranteed to wow your prospective buyers and give you many ideas to making your next home look fantastic.

Call Frank today for a complimentary property evaluation at 416-917-LION (5466) or reach him through this online contact form.

Sellers Advice: Avoid These Common Selling Mistakes

Selling a home can be one of the most time-consuming and emotionally taxing times in a person’s life – especially for first time home sellers. The simple truth is the best home realtor will understand and appreciate what you are going through, and knows how to make the process a whole lot easier.

Since you’ve moved in your house has become your home, as you’ve invested your blood, sweat and tears into it. By learning from some of the following mistakes home sellers experience, you can make sure you get the best price that you deserve.

1. Not showing your home at its best

Many home sellers will do a simple clean sweep of their home and that’s it. In most cases, a general clean up isn’t enough to do the trick. The best thing to do before showcasing your home is to gain an outsider’s perspective. You may be surprised at certain blemishes and outdated areas of your home you have otherwise have become blind to. Missing shingles on the roof, strange odours, and outdated appliances can serve as some examples. There are many simple pro tips as well that will make your home warmer and more inviting to prospective buyers.

2. Not setting the right price

If you set your price too high you aren’t going to receive a lot of serious offers – or any at all. Though you want to get the most money for your home, try to find a reasonable price based on the value of the local housing market. In addition, when you set the price too low buyers can become suspicious and start to think this offer is too good to be true. When you aren’t able to find the appropriate price for your house, you may also find your house will take a longer time to sell.

3: Trying to sell to the wrong people

It can become discouraging when you’ve shown your house to many people but haven’t received as much as a bite. The likely cause is that many of the “prospective buyers” you thought were interested in your home, weren’t looking to buy in the first place. The best real estate agent will be able to separate the real interested parties from the “window shoppers” that attend open houses.

4. Limiting Your Marketing Push

When you fail to advertise your home effectively, you are only inviting a small pool of people to see your home. The more eyes that land on your listing, the more likely you are going to receive an offer that works for you. The best real estate agents have access to all the traditional and digital advertising platforms that will drive a lot of people from their computer screens to your doorstep. When searching for a realtor, identify how well they promote some of the homes they are currently selling.

5. Becoming too emotionally invested

Over the years, you’ve worked hard to turn your house into your home. Though you have come very attached to the makeup and design of your house, others may have different opinions and tastes you may necessarily not agree with. It’s important you try and free yourself from these emotional investments during the selling process. Don’t become discouraged when others have negative feedback. Remembering that your house is an asset, trusting an expert realtor’s advice, and approaching the selling process with an open mind is the best practice.

6. Hiring the wrong realtor

Do your research. A great realtor will have an excellent track record of helping their clients get the most value for their home. They will also ensure that your house will not be subjected to any of the previous common selling mistakes mentioned in this article. Look at the realtor’s website, read some reviews, and make the right decision. Again, selling your home is one of the largest financial transactions you will ever make, so make sure you are backed by the best real estate agent possible.

You’ve put years of effort, love, and care into your home. Now it’s time to be rewarded for it. Frank Leo has become Canada’s #1 individual Remax agent* due to his guaranteed home selling system and years of expertise. When you sell your home in the Greater Toronto area with Frank Leo, you know you will be getting the best possible value. Book a free home evaluation today and put yourself on the track to a successful sale.

*Base on Number of Transactions for 2015