Signing listing agreement in Mississauga
The first formal step in marketing your Mississauga property; home or
condominium, is to enter into a
Listing Agreement- a contract that commits Royal LePage Real
Estate Brokerage and your REALTOR®, to actively market your home
for a specified period of time. It also commits you to a
pre-established marketing fee; negotiable, that is to be paid upon the successful
closing of the sale.
In order to help you list your Mississauga home/condo, you can be
asked to furnish the following at the time of signing Multiple Listing Service (TREB MLS®)
listing agreement:
Plan of Survey (not for condominiums) - A survey of your
Mississauga property which outlines the lot size and location of buildings as
well as details of encroachments from neighbouring Mississauga
properties. If you have made any changes to your property you may be
asked to provide an updated survey from the city.
Mississauga's Property Tax receipts - Listing agreements require that
the current annual property tax assessments be shown. So keep your
statement of taxes/property tax receipt handy.
Mortgage Verification - Few homeowners know the exact balance
of their mortgage, as it is paid down.
Ask your mortgagee to provide you with the "Mortgage Statement" of
your Mississauga property. Lender's Mortgage Statement can tell you
your mortgage balance, interest rate, monthly/biweekly payment,
balance term and amortization.
Deed or Title - This document is a legal description
of your Mississauga property and the proof that you own it.
Other documentation to list your Mississauga home/condo on Multiple Listing
Service (TREB MLS®) - It may help selling your Mississauga
property if you can provide prospective buyers with information on
such items as annual heating, electrical, and water expenses, as
well as any recent home improvement costs.
Pre-listing Home Inspection-
Pre-listing home inspection
is becoming popular with many Mississauga home sellers, who don't
want surprises once their property gets sold, conditional upon home
inspection. Getting pre-listing inspection saves you time, makes you
aware ahead of time of any serious problems which may be present in
your home so they you can be prepared to deal with them.
Call Amit to list and sell your Mississauga home/condo on MLS.ca,
Toronto Real Estate Board's MLS system.
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