FREQUENTLY ASKED QUESTIONS

Do I need a REALTOR?
In Ontario all that is required is a lawyer to complete a real estate transaction however, Realtors work in your favour protecting your interest and helping you navigate the real estate market. Team Garry Rai ensures that in every transaction due diligence is done.

Keep in mind that the other side likely has a realtor and having someone with the knowledge of the true value of your home/property as well as needed conditions for a proper closing is in your best interest saving you time and money! The additional value garnered from the sale should more than cover the cost of commission.
Do I have to pay to market my house?
No. Once under contract with Team Garry Rai and the Zumin Real Estate Centre, we take care of everything from staging, marketing and open houses. Sit back, relax and let us take care of everything!
Should I renovate my home before selling?
The answer to this question is maybe. While renovations increase property value, it is important that we assess which renovations are required. Team Garry Rai often brings in an expert from the Zumin Home Centre to help assess the cost of renovations and when they can be completed in order to ensure that you’ll receive top dollar for your property.
Can I buy a new home while selling my current home?
We’d be more than happy to show you new homes! Bridge loans can be arranged through the Zumin Financial Centre if an immediate closing to secure a property is required.
Who pays the land transfer tax?
The purchaser is required to pay any and all land transfer taxes.
What are comparables?
Comparables are properties similar to your listing. We look at sales history, availability and market trends to assess a fair market value for your home or property. From that we’re able to derive other variables that may aid in helping you achieve a higher value for your home or property.
What is pre-sale home inspection? Should I get one?
We always recommend that you get a home inspection prior to selling your home, this helps circumvent any hiccups that may arise once an offer has come. An inspection can also add value reassuring the purchaser simplifying and inevitably speeding up the transaction process.
What is a waiver?
A waiver removes certain conditions from an offer; making it a firm and binding agreement.
Do I really need an open house?
An open houses is always recommended as it allows potential buyers to browse your home without feeling obligated to purchase it. Our agents do their homework when showing your house making sure that they’re able to answer any questions.

Look at it like purchasing a car. Many people like to test drive a vehicle making sure it fulfills their needs before making the investment, much is the same of home buying. We find many home buyers like to see the home, and spend a bit of time imaging the home as theirs before making the investment. Open houses allow them to do so!
What is Zumin and what does it have to do with real estate?
Zumin is a collective of businesses aimed to make home buying and selling easier. Zumin has 3 branches; Zumin Home Centre the renovation and custom home division, Zumin Financial Centre which deals with mortgages and financing and Zumin Real Estate Centre which focuses on everything real estate. Together they are able to bring a one-stop shop ultimately saving you time and money. No more chasing handy men or contractors to get the last minute fixes for your home and no more endlessly calling your mortgage agent hoping to get an answer back. We cover all of your needs from A-Z.
Zumin Real Estate Centre, Brokerage Zumin Real Estate Centre

Zumin Real Estate Centre, Brokerage

416-333-4100

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