Buyers Target Private Sellers because they save more!

When does it pay to go after a Private Sale or Mere Listing?

When they are negotiating for themselves..

“The average reduction from the private seller’s asking price and the price paid was 8.7% which is a significantly larger discount than the market average of just under 5% over the same period.
“Several people said that they actually targeted private sales because they knew they would buy more cheaply if they didn’t have to negotiate through a professional agent and in a couple of instances boasted that they had saved more $60,000 by buying privately.

What's the logic of that? 

“In all but two cases the buyers considered that they purchased their property more cheaply because there was no agent involved”, he said.

“When asked if they took into account the fact that the seller wasn’t paying an agent’s fee, every buyer surveyed said yes and that they expected to and in most cases did negotiate this amount and more off the price of the property.

“Several of these buyers even stated that the seller willingly offered up that they would look at a lower price because they weren’t paying an agent.

http://www.cprea.com.au/real-estate-accreditation-blog/?bp=23&nid=7717

So if you are selling and you want more; use a full time REALTOR 

David Pylyp   647 218 2414

Purchase a Private Seller

I recently received an email from a person who was going to buy through me a few years ago but then changed their mind. They sent me an email asking for some help. One of their kids bought a house in Oakville.

The deal is now firm, and wanted me to find out more about it. 

I sent her an email saying that his agent should have provided him with all the information. 

She let me know that it was a private sale and even the lawyer was wondering why the sellers wanted to sell so quickly. 

Guess they should have used an agent.

With no representation on either side, there is no one to hold accountable.

When you buy you can have;
Your deposit is insured when held by a real estate company.
A Home Verified Report of PAST insurance claims.
Purchase Ownership History
Do a Home Inspection
Home Systems Insurance is available for Appliances and Wiring / Plumbing
Ask about things Buried in the ground ( tanks or septic)
Ask About Wiring Knob and Tube
Are there any items contain in or on the property that will impact getting insurance or financing?
Has Anyone died in the home?
Was it ever used for Notorious Means?

Don't you ask?
I do.... everytime. At the offer in person.
Call me

I can just sell it myself

I'd rather sell it myself...   

I often get the question. When I list my house why should I use a realtor? Why not just sell it myself? What would your answer be?


We could cut our kids hair...  My Dad used a bowl till I was 12,

I could paint my house, but I don't.... 
I could read a book and become a gourmet chef....  If I practised...
An amateur photographer can take pictures just as good as the Wedding Photographer...
I could represent myself in Traffic Court but I take a Court Agent.... Why? 

Because they are skilled and understand the process that has specific process and save me from dire consequences as a consumer. 

It not the actual doing ... It's the being prepared for what could happen and knowing what to do when it's necessary.

Drama belongs in the theatre  not in a real estate transaction. We get paid to be knowledgeable, remain calm and coach our clients in an orderly process avoiding Legal missteps and protect your financial net worth.

What do you say?

Lets Talk   647 218 2414

Changing Your Tire = For Sale By Owner

Following the weekend festivities at the Roncesvalles Village Festival we headed home in a soft rain. It was cool and drizzling like an October evening feels. 

The SUV had been parked all day,  It was dark so I didn't notice the flat tire. The low pressure warning had been on for a few days. I ignored it. The vehicle felt funny, awkward, not rolling the same.  I stepped out and walked around. Circle Check...  FLAT.

Found a PetroCanada near the condo, PAID a dollar for the free air and tried to pump it up. The sound was as loud going in as going out.  There was real serious leak. I drove it back to the Condo to have a look in a dry well lit garage.  At least, it would be warm and dry, where I could simply change the tire.

The wheel well contains a tire that needs to be dropped.  OK, Snapped the plastic handle off. (damage item 5) Unscrewed the retaining bolt and the whole well dropped. Thank goodness the tire had a safety belt attached or it could have slipped out.  [I never would have comprehended the storage safety strap in the dark, in the rain.]

Removing the jack from the German Engineered Highly efficient storage area took 20 minutes. It will never go back. Found the secret LOCKING NUT in its resting place. Loosened the wheel lugs prior to jacking up the car, correct procedure, removed scissor jack. Found the correct contact point for scissor jack while sliding under the vehicle. (refer to rain and street comment in para 1)

Removed all the lug nuts and but could not remove the wheel from the car. [Frozen} Playing with it. Kicking it and finally using the 5 pound persuader (sign install) hammer, I successfully shifted the car off the jack, rendering it twisted and inoperative. (damage)

Abandoned the task, REINSTALLED lug nuts on the flat tire, drove to service shop in the morning on a flat, guaranteeing that it would require replacement.

Tire  $ 225
Jack maybe used at $75
unreplaced damage $ 400
Repair $50

Life Lesson?  Priceless.

If I could not finish this job inside a condominium garage; in a well lit and dry area, Parked in a secure safe location, with access to flashlight to read the manual study the components, assemble the pieces, remove the lugnuts with a tire wrench, I would never accomplish this task in the dark in the rain.

Selling a condo is easy,  they are all the same...   We understand the process clearly.
Sound familiar?  You know all the details about your building, Status Certificates, Maintenance Fees and Management. You know the property best.

Reading, Understanding and comprehension is good.  Experience, doing is better. Having right tools and knowledge..   Priceless.

I paid to repair and replace the tire.  Mistakes and choices with real estate are much more expensive to fix. Usually it involves lawyers.   If you think mechanics are expensive... Selling by Owner is more exciting! 

If you are relocating to  or within Toronto, ON Canada, I would like to meet with you.
Call me.

Selling Yourself FSBO

For Sale By Owner Toronto



It might be tempting to save some money by trying to sell your house on your own, but consider this; Almost 1/3 rd of all sales come from agents to agent sales, who work the neighbourhood or past Client referrals, people we have worked with before.

This means that my database of past and existing purchasers is your best opportunity to getting your house sold for more money in less time.

Want to know more?

Talk to your local Toronto real estate professional

David Pylyp
416 233 9000
http://www.Facebook.com/dpylyp http://www.Twitter.com/davidpylyp http://www.SellinginToronto.ca https://plus.google.com/u/0/109283965469179719942/about/

Whats the Big Deal - I can Sell it Myself

With Internet, computer technology and apparently free advertising there should be a plethora of venues and opportunities to sell IT yourself.

You are saving VAST sums in commissions so you spent the savings on lavish colour brochures, a stunningly presented video about your residence, neighbourhood and amenities. Then added the RAW picture files as a pictorial online.

No...    Why Not?

Lets Examine a potential Transaction;

Remarks for Brokerages:  For All Appointments and Inquiries Contact:  The Home Owner directly at 647 218 2414 Email all offers to david@davidpylyp.com  Agents Welcome Commission Negotiable Via Seller-Use Form 202 -The Seller Has Reserved The Right To Sell The Property Themselves In The MLS ® Listing. 

CB Comm:$1 See Remarks  

Showing your house, is easy. I called and booked an appointment to show.  You agreed that IF we have an offer you are aware of Form 202 from the Toronto Real Estate Board. Sounds like you are Ready and Prepared.  I have a prospect in tow and hope you will not oversell your built in shelving and your son's woodworking project in the basement workshop. 

The Buyers likes your house; your asking price, IMHO is slightly optimistic but they are prepared to Negotiate. After showing a number of comparable properties we have a FIRST round offer. I need to present a Form 202 Prior to entering into a negotiation with you about the value of your home.

Now you feel my value is $1. The Buyer cannot add any expenses, surveys, inspection or taxes of the purchase, nor my commission to the Mortgage, as they generally are using their entire resources for their down payment. 

I need to continue with this Buyer through the counter offer (you didn't accept their initial offer) and explained you feel that your house is worth more [but the comparables do not support that conclusion.]

I do not want to argue LOGISTICS or Terminology or Timelines with you. No, you will not hold the deposit funds.  It is not my responsibility to explain your options to you. I represent my Buyer.
My Buyer clients often need support -- even hand holding -- during the buying and selling process. They need financial planning and approvals. They cannot call a website at night because they are having an anxiety about payments and budgets; Buyers remorse or second thoughts and detailed questions about what they already saw that's sold. It would be nice if they did, but they call me instead.

Websites are perfect for viewing homes for sale, but they however do not provide much in the way of service and are not the new, competing force in the marketplace. Interactive Web 3.0 sites have been around awhile and is here to stay. They have plenty of competition as they compete for consumer eyeballs.

The ability to find homes on the Internet is no longer impressive. Real estate experience and the ability to help buyers sort and filter data, to find and buy the right home for the best price is a valuable service that the Internet still cannot provide.

Updated Listing Kits are being assembled now. If you are considering Selling and you would like to examine one;  call and I will deliver this to you. Buyers receive a Satisfaction Guarantee.

416 233 9000 or 647 218 2414

The Private Sale - Etobicoke Real Estate

Pre- recession in the 90's the Big For Sale by Owner [FSBO] concept was Peartree.  Now we have Comfree and Property Guys. They give you a sign, some frames for your open house placards, some general instructions and you are on your own!  They post your ad on their website. Some add your listing to the MLS System.

The traffic and inquiries seem perfect?  But where are the offers?  Who helps the Buyers to move forward and create some urgency and focus?

Now what?   This video really gives a few life examples.


Yes, everyone would like everything to cost less. Etobicoke Real Estate is about knowing the community, giving context to all the available data, having insights about values and helping you decide the very best course of action for your family.

I am very prepared to negotiate for my commission, but remember, If I cannot negotiate my fee, how can I handle your equity?  The David Pylyp Group has 3 pricing structures to help you decide what level of service you need. http://youtu.be/9CK_T-drfrE You tell me.

Call me today!