• Properties
  • List With Us
  • About
  • Resources
  • Testimonials
  • Blog
  • Log In
 

SELLER'S TIPS

 

1: Financing and Budget Make Sure You Really Want to Sell and Look at the Financials 

As the process of selling your property is quite challenging and, more importantly, expensive, make sure you really intend to sell your property before you get too far into it. It is important to take a closer look at the financials. What will be the price at which you will be selling and will this price get you to the profit or end result you are hoping for after you factor in all the money you have already spend on your current mortgage (if you have any), home improvements, etc.?

 

2: Sellers vs. Buyers Market

Try to research and understand whether it is a sellers or a buyers market. When there are more buyers searching for homes than there are homes available, this is a sign that you are in a sellers market. If this is the case, you will have more negotiation power and presumably, your home will sell faster. If you have time, and we are currently in a buyers market, maybe it will be a good idea to wait until we are in a sellers market again.

 

3: Home Improvements

Consider investing funds to improve your home. Some of the features buyers love are professional stainless steel kitchen appliances, heated floors, radiant heating, steam shower. Fresh paint is one of the cheapest but most important improvement you can make. 

There are a lot of ways you can improve your home like changing the toilet seats, adding energy efficient windows, changing the kitchen faucets, fixing the floor, etc.

 

 

4: Price Your Home Competitively

This is the most important tip you can get. Work closely with your agent in deciding what the price of your apartment should be. Research comparable listings, hire an appraiser, listen to industry professionals - these are all the things that can help you accurately price your home. 

 

5: Your Home Competitively Stage Your Home to Sell

You should carefully arrange your furniture, organize and decorate in a way that appeals to the widest range of potential buyers. Declutter, clean and depersonalize. A home which is too crowded can give the impression of being small or lacking closet space. Take out personal items and family photos, you would like for the buyer to forget that this home currently is someone else’s. It is important that the buyer pictures themselves in the home. For the same reason, you should put pet’s and children’s items away.

 

6: Be Flexible

If your home is not selling as fast as you had hoped, think about repricing and additional home improvements. You should also discuss your marketing and pricing strategy with your agent. Don’t be afraid to ruminate your relationship with your agent and hire a new one.