How to Sell Your Home for the Right Price
From pricing your home to closing (the day the buyer pays and the home changes hands), here is how selling a home in the GTA works and what it costs. Want to know what your home is worth? Start with a free home evaluation.
- I compare recent sales and homes now for sale to price your home
- Beyond MLS (the shared listing system realtors use), I promote your home in Korean, on YouTube and in the Korean community
- I put all offers side by side and explain the contract in plain words
Free home evaluation
Just share your address and a few details. I will compare recent sales in your building or area with homes now for sale, and send you a summary. You do not have to decide to sell.
- Expected price range based on recent sales
- How your home compares to homes now for sale
- Fixes and prep that can raise your price
Want to talk now? Call (647) 778-2860
Why sell with Korean Homes
I reach both MLS and the Korean community
Your MLS listing reaches agents and buyers across the GTA. I also reach Korean buyers directly with a Korean listing write-up, YouTube, Instagram and Daum Cafe.
I price with real sales data
We set your listing price (the price you start at) together, using a CMA (comparative market analysis): recent sales in your building or area compared with homes now for sale.
I handle everything from offer to closing
If you get many offers, I make a chart so you can compare price and terms at a glance. Before you sign, I explain the contract in plain words.
Recommendations on GainRep
Recommendations left on GainRep (a site where people give each other recommendations), copied word for word.
Joonghyun is without a doubt the best and kindest realtor I have ever worked with! He truly goes above and beyond for his clients in every way possible.
He is incredibly professional, amazingly fast at communicating, and quick to handle everything from answering questions to getting offers in right away - often working late into the night to make sure no time is lost.
He made the entire process seamless and stress-free. I would recommend Joonghyun to anyone looking for a dedicated and reliable agent!He was a huge help while I was looking for a home. Every time I had a question, his feedback was very fast and accurate, so I could move ahead with peace of mind. I am thankful that he took care of me kindly and professionally from start to finish. If anyone around me is thinking about renting or a real estate deal, he is the best realtor and I would really like to recommend him👍The GTA market now
Numbers as of September 2026.
With fewer new listings, there are fewer homes to compete with. But sales are also down, and condo prices are lower than last year. In this market, it matters to set the right price from the start, and to draw interest in the first 2 weeks with good photos and a well-prepared home.
Sources: TRREB (September market report), Bank of Canada. See the source list below.
6 steps to sell a home
For resale homes (homes someone has lived in) in Ontario.
Home evaluation and listing agreement
I visit your home and compare recent sales to give you a price analysis. If you go ahead, you sign a listing agreement (a contract that says the realtor will sell your home for you). I explain how long it lasts and how the commission (the realtor fee) works before you sign.
Get your home ready
I show you which fixes are worth doing now and which you can skip. Decluttering, cleaning and, if needed, staging (setting up furniture and decor so the home looks its best) are all done before photos.
Set the price and list
I look at the price analysis and other homes for sale to set your listing price and how you will take offers. Once photos, floor plans and video are ready, I post your home on MLS and start promoting it.
Showings and offers
I keep track of showings (buyer visits) and buyer feedback and share it with you. When offers come in, I help you compare not only price but also the deposit (money the buyer pays to hold the deal), conditions and closing date.
Conditions are removed
I make sure the buyer’s financing (loan) and inspection (home condition check) conditions are cleared by the deadline. Once all conditions are cleared, the deal is firm (final).
Closing
On closing day, your lawyer receives the money, pays off your remaining mortgage and sends you the rest. The buyer gets the keys after the title is registered.
Marketing checklist
When I list your home, I go through every item below, and we decide together which ones fit your home.
- Professional photos
- Floor plan
- Video tour
- MLS listing
- Shown on REALTOR.ca
- Listing write-up in Korean and English
- YouTube and Instagram posts
- Post in Korean community on Daum Cafe
- Promotion to other agents
- Open house
- Feedback summary after each showing
- Offer comparison chart
- Plain-language contract summary
- Schedule tracking until closing
Net proceeds calculator
Get a rough idea of how much money you keep after the commission, your mortgage and lawyer costs are taken from the sale price.
| Expected sale price | - |
| Commission | - |
| HST on commissionOntario 13% | - |
| Lawyer fees | - |
| Repairs, staging, moving | - |
| Mortgage left to pay | - |
| Prepayment penalty | - |
| Estimated amount you keep | - |
This is a rough estimate. It does not include property tax or condo fee adjustments, or capital gains tax on investment homes. Your lawyer will confirm the real amounts at closing.
Ontario rules for sellers
Things to know before you sell. They can change your costs and timeline.
The commission has 13% HST; there is no land transfer tax
Ontario HST (sales tax) of 13% is added to the commission in your listing agreement. The commission rate is not fixed by law; it is set in your contract. Land transfer tax (a tax paid when buying a home) is paid by the buyer.
Your own home and an investment home are taxed differently
For the home you live in, the Principal Residence Exemption means you usually pay little or no capital gains tax (tax on the rise in your home’s value). But you must report the sale on your tax return. Investment homes are subject to capital gains tax, so check with an accountant early.
Non-residents of Canada must report the sale
If you are a non-resident, you must tell the CRA (Canada Revenue Agency) and get a Certificate of Compliance. Without it, the buyer usually holds back 25% of the price. For a rental home or other depreciable property (property you claim wear-and-tear on for tax), it can be up to 50%. Plan ahead, and check with an accountant.
Condo sellers should get a status certificate
Ask your condo management office for a Status Certificate (a paper about the building’s money and upkeep). It costs $100 or less and comes within 10 days. The buyer’s lawyer reviews it.
You decide whether offer details are shared
If you give written direction, some or all details of other offers can be shared with every buyer who made an offer. Who made each offer is not shared.
You can sell a home with tenants
The lease carries over to the new owner. If the buyer or their family wants to move in, a set notice process (N12) and payment to the tenant are needed. This only works for buildings with 3 or fewer residential units (Residential Tenancies Act, section 49). I plan this when I set the closing date.
Help for your situation
Selling to buy another home
The key is to line up the closing dates of the home you sell and the home you buy. If the dates do not match, I look at options like a bridge loan (a short loan between the two homes) with a mortgage expert.
See my home buying guideHomes with tenants
I compare your options: set showings with your tenant’s help, sell to an investor with the lease in place, or sell the home empty. I handle many rentals, so I can also talk with your tenant for you.
Rules about tenantsOwners living outside Canada
You sign online with e-signatures, and I handle showings and upkeep here. Your non-resident filing is prepared with a lawyer and accountant before closing.
Rules for non-residentsSelling a condo
I set the price by comparing recent sales in your building and units now for sale. I get the status certificate early, so the buyer’s condition period can be shorter.
Net proceeds calculatorWhere I sell
My office is in Thornhill, and I work in the areas below. Tap an area to see homes for sale there now.
Common questions
How much does it cost to sell a home?
The biggest cost is the commission set in your listing agreement, plus 13% HST. Other costs include lawyer fees, your remaining mortgage and any prepayment penalty, repairs or staging if needed, and moving. Try the net proceeds calculator above for a rough amount.
How do I get a home evaluation?
Share your address and a few details. I will compare recent sales in your building or area with homes now for sale and send you a summary. If I see your home in person, I can include its condition and be more accurate.
Do I need to fix things before I sell?
You do not need to fix everything. I focus on low-cost fixes that make a big difference, like paint, lighting and small repairs. For big projects, I weigh the cost against the benefit first.
How long does it take to sell a home?
It depends on price, area, home type and the market. I share recent selling times for your area in your home evaluation. The time from a firm deal to closing is set in the contract.
Should I sell first or buy first?
If you sell first, you know your budget for sure. If you buy first, you will not miss the home you want. You can line up the two closing dates or use a conditional offer, so I help you choose the order that fits your finances.
Do I need to be home during showings?
Usually it is better to be out, so buyers can look around freely. You approve showing times ahead of time, and I let you know how to handle pets and valuables.
Is the commission fixed?
No, there is no fixed commission. It is set in your listing agreement. The part of the commission that goes to the buyer’s agent is also written in the contract. I explain every amount in plain words before you sign.
Wondering what your home is worth?
Just send me your address. I will give you a summary based on recent sales. Contact me in English or Korean.
The numbers and rules on this page are as of Oct 29, 2026. Taxes and legal steps can change, so check with a lawyer and an accountant before you sign. This is not legal or tax advice.
- TRREB, GTA housing market news release for September 2026
- Bank of Canada, Policy rate raised by 0.25 percentage points to 2.5% (Oct 28, 2026)
- CRA, Rules for non-residents selling Canadian property (Section 116)
- Condominium Authority of Ontario, What is a status certificate
- TRREB, Market Watch report for September 2026 (PDF)
- RECO, TRESA FAQs (sharing offer details)