Selling a home in Edmonton on your own or with the help of a licensed real estate agent is a challenge altogether. We have listed a few guidelines to make your home selling process easier. Let’s take a look at them.
Repair Your Home
It is important to fix all electrical, plumbing, and structural issues before thinking of selling your home. Various problems such as leaks, cracks, and damaged elements in the house, etc. can lower the value of the house. Along with repairs, make sure you eliminate unpleasant odors (of spoilt food, moisture and mold smell, smoke smell) from your house. Your potential home buyers may not consider buying your home if there is a lot of repair work that needs to be done.
Setting the correct price of your home can be critical. You must know what your house is worth today. Find out the selling price of similar houses around you. Also, find out your goals for selling your home. Do you want to make profits or simply fix a deal? This will help you to decide a base selling price of your house. Fluctuations in the marketplace also affect the price setting of your house. Setting your price too high or too low can be problematic. Hence, take help from a professional Edmonton real estate agent as he may be able to help you set the right price for your home.
Find The Best Time To Sell
Selling your home in Edmonton can sometimes be as easy as selling an umbrella in monsoon. But, most of the times, it is a time-consuming and hectic process. If you don’t embellish your home correctly, you may not be able to sell your home easily. While most houses in Edmonton typically are marketed in the spring, this does not necessarily indicate that it’s the only good time to list and market your home. It also depends on the demand of houses and interest rates of the mortgages.
Market The House
Marketing is the most important step in order to attract potential buyers. To reach the most potential home buyers, your home needs to be listed on the Edmonton Real Estate Board’s MLS System and on the local realty websites. Apart from that, you can use the traditional methods of advertising your home - by placing signages, banner advertisements, etc. You can distribute flyers to home buyers and local real estate agents and make your home available on open house listings.
Negotiate, If Necessary
After getting a bunch of potential buyers, it’s time to negotiate on the offer of purchase with them. The offer of purchase includes the price, various discounts, additional costs, possession date, and other important aspects. Keep aside all your emotions related to the house, be confident, and negotiate until you finalize the best selling price and possession date.
Although the idea of saving the commission paid to a real estate agent is attractive, our experienced Edmonton real estate agents make the entire home-selling process easy. Get in touch with us and we’ll help you set the right price and also help you sell your house in the best possible way.