Your property is not something you sell every day. For most people, their home is their largest asset. A house is very complex to market and the process needs to be well organised. A plan is needed.
Over the next week or so I will publish information on the selling process. Keep in mind that you have control over the speed with which you move forward. Each transaction is unique, so it is important that we analyse your situation and answer any questions that you may have. We will be with you every step of the way. Today we look at the two key questions you should be ask yourself before talking to a REALTOR® as they will ask you why are you selling and what is your time frame for selling?
Decide to sell
So, should you sell your house? Truthfully, there is not a right answer or any ‘one size fits all’ answer. It will vary across different situations and you have to do a little bit of thinking and planning to determine what makes the most sense to you.
1 - Why sell?
Your real estate agent is probably going to ask you why you are selling. In fact, anyone looking at your house will probably ask the question. Many people have a need to sell such as a job change, or necessary relocation. Others just want a new house. You might think your reasons are obvious, but you would do well to consider the implications of each option for your family’s lifestyle, opportunities and finances. Being clear about your intentions for selling will make it easier for your REALTOR® to determine the most appropriate option for your specified goals.
The point is really evaluating the necessity of selling. There is a lot to consider and it can be a stressful time if not well planned. So, before you put the sign in the front yard because the bathroom is not the right colour, clarify your motivations and draw up a basic time frame for the selling process.
2 - Decide when to sell
You should immediately establish your time frame for selling. If you need to sell quickly, an experienced agent may have more urgent marketing solutions for you. If there is no pressing need to sell immediately, you can sit down with your REALTOR® to thoroughly review the current market conditions and find the most favourable time to sell.
Understanding the market
When you work with Royal LePage, you can be sure that you will have a knowledgeable REALTOR®, with the skills to work with you to arrive at the best market prices and terms. We will keep you up-to-date on what is happening in the market place with the price, location and conditions of competing properties.
The next article with have some tips on increasing your home's value.