When selling your home in a competitive real estate market such as Meadowvale or Erin Mills, Silence is Golden!

Many Mississauga home sellers have lost money on the sale of their home, or lost the sale all together because they said the wrong things to potential home buyers. By learning what not to say to other real estate agents and their buyers, you will ensure your negotiating position will remain strong.

First, do not disclose why you are selling your house or condominium because you may mistakenly help your potential buyer pass on your home for the very same reason that you are trying to sell it. On another note, if buyers find out that you are selling your house because you have to (ex. Due to financial reasons or because of a job transfer) you will be giving away your upper hand during negotiations.

Another way you risk giving your potential home buyers the upper hand is by revealing that your home hasn't had a lot of showings or generated any offers. Especially in a Mississauga neighbourhood like Meadowvale or Erin Mills, you want your house to appear desirable- so keep this information to yourself.

Also, you may think you're just being helpful by offering information on the neighbours selling price and neighbourhood, but what you find appealing may be off putting for your potential buyers. For example, your street may have a lot of kids but the interested buyers are retired.

Think of selling your home like a poker game, and to get the best result you need to keep your cards close and not give your hand away. That's why it is highly recommended that you not be home during buyer showings, and instead leave it up to the real estate agents to negotiate the best price for you.