Tips for First Time Home Sellers
Recently in Calgary, some people have been hesitant to sell their homes due to the buzz about the market. An important thing to remember throughout the endless real estate articles posted on your social media is that if you want to, or need to sell your house, you will, regardless of the state of the market, as long as you have the right agent. No matter what the market, your home will sell for a price that is comparable to the other homes similar to yours.
1) Choose your Realtor Wisely:
As mentioned, the utmost important step that can be taken in order to have a successful sale, is to pick the right Realtor! Take your time with this process, and host interviews until you find the agent who is perfect for you.
Some things to look for when choosing the right person are reviews and testimonials, number of years of experience, overall satisfaction of customers, and ample connections in the real estate world. Fortunately thanks to technology, almost all of this information can be found online by the click of a mouse.
Another crucial component to choosing your Realtor is assessing their marketing strategies. Ensure they are someone with outstanding marketing skills who always go above and beyond for clients. Anybody can take a listing, toss it up on the MLS, and wait for it to sell; but a good Realtor will take extra steps and put in extra time and care to ensure your home sells both in a timely manner, and for as close to the listing price as possible.
Once these steps are complete, all that is left is a meet and greet, and from there you can make your final decision.
2) The Right Price is the One That Sells:
Fortunately for you, you’ve already taken the time to choose a reliable and experienced Realtor, which means that if you did your homework on them, they will without a doubt give you the right price for your home. Of course every sellers dream is to get absolute top dollar for their home, but this is where things can get iffy. High prices can actually scare away potential buyers, and the listing can go stale and sit on the market for much longer than anticipated.
Be aware of the “I’ll get you whatever price you want” Realtor. There are some agents out there who will tell you basically whatever you want, just in order for you to sign a contract with them. Definitely use caution in these situations. If it sounds too good to be true, it probably is. Be sure to work with a Realtor who is extremely trustworthy, so that they will price your house as they should in order for it to sell.
3) Prep Your Home:
Think of your home as a contestant in the 100 meter dash for the Olympics. If you haven’t prepared him or trained him, the chances are he is not going to do very well. Selling your home has a very similar concept to this because after all, it is a competition. Here are a few things you can do to prepare:
Improve Curb Appeal
– Light Landscaping (pull weeds, mow the lawn, plant some colorful flowers, etc)
– Exterior Repairs (windows, decks, patios, etc)
– Clean siding, driveway, windows, etc.
– Paint doors or shutters/window trims if necessary
Interior Face Lift
– Deep clean the entire home from top to bottom
– Rid of any pet or smoking odors
– Replace burnt out lightbulbs, and consider adding brighter ones in darker areas
– Paint rooms that need to be painted (a neutral color is always recommended)
– Switch out any ripped or stained carpeting
Keep in mind, every home is different. Assess the condition of your home from a potential buyer’s perspective, and only do what needs to be done to ensure nothing can possibly deter buyers.
4) Be Prepared to Actually Move!
With the right Realtor, the sale of your home could actually go by extremely quickly. From the moment you accept an offer, it’s officially “Go Time”. Be sure that you know where you are relocating to prior to your home selling. If you are buying and selling a home at the same time, be sure you are pre approved for your next move, and talk to your Realtor to make sure the timing will work out for both sales.
5) Inquire About & Expect Closing Costs:
As a home seller in Calgary, you are most likely responsible for paying for the closing costs once your home is sold, unless otherwise specified within the contract. You are also responsible for paying the commission to your Realtor once the deal is done. The Realtor commissions vary, depending on the amount that the house is sold for. Some other closings costs include, paying out any remaining HOA fees, taxes, legal fees and disbursements, real property reports, home and content insurance, cost of moving or storage, etc. At the time when you are ready to list your home, be sure to ask your Realtor about the details of your closing costs ensure you are prepared.
This summarizes the Tips for First Time Home Seller’s. Just remember, with the right Realtor, selling your home doesn’t have to be a difficult and stressful task. Contact “Mr Action” Today for a Fun, Exciting and Hassle Free Experience! (403) 620-2800, firstname.lastname@example.org