Trusted Tips and Resources

Trusted Tips & Resources

Our Trusted Regina Realtor Peter Woldu shares a tip about how to sell your home

Peter Woldu is a Trusted Regina Realty Expert.  Here he shares a tip on selling your home!

Buyers do not see your home the same way you do. They are very discriminating about its condition, the neighbourhood and the price. An average Buyer will view between 15-20 homes, ranking yours among all that they have viewed

     

1. Find A Good REALTOR® To Represent Your Needs 

A professional REALTOR® is your best bet. This person has the educational background, the industry and community connections to work in your best interests.

2. Be Clear About Why You Are Selling 

Knowing the reasons for your move determines everything from setting the price to allocating funds for repairs and improvements. Is the price you obtain more important than how long your home is on the market? Do you need to sell immediately? Each “why”requires a different strategy. At the same time, you do not need to reveal your “why”to anyone. Something negative might be used as a bargaining tool at the negotiating table. If someone wants to know why you are selling, politely respond that your housing needs have changed.

3. Conduct Thorough Research Before Setting Price

 Establishing an offering price is an investment in your future. Find out what similar homes in your neighborhood have sold for in the last 6-12 months. Also check out the prices of homes currently listed. The price you ask should be within the range of similar homes in the neighbourhood. If it is too high or too low, buyers will question the reasons for this discrepancy. Your home could stay on the market longer than you would like. You may also have to adjust the price and wind up getting less than you hoped.



4. Maximize Your Home’s Sale Potential

 First impressions are absolutely critical. The look, the feel and the care of your home promote an emotional response. Even before they walk in your door, prospective Buyers will try to imagine themselves living in your home. Just like a new outfit, Buyers want to see if this home will "fit" their lifestyle. Clean everything until it sparkles. Pick up, organize, throw away, scrub, scour, dust and disinfect. Be sure to complete all minor repairs. Buyers are especially keen on work that may need to be completed.

5. Ensure All Areas Of The Contract Are Covered

 It is in your best interests to disclose everything you know about the property. Failure to disclose could result in costly delays, litigation or even cancellation of the sales transaction. Most importantly, if a Buyer knows about an item, he or she has no future recourse. Be sure you understand all terms, costs and responsibilities. 

6. Stay In Your Home Until Closing 

It may be harder to sell a vacant home. Furniture, drapes and all the excitement of daily activities go a long way to create the warmth and comfort of a home. To some Buyers, an unoccupied home could be seen as forlorn, forgotten and not as appealing. You might have to reduce your price, depending upon the Buyer. At the same time, you are sending the message that you have found a new home, and you likely need to sell fast.

7. Stay Out Of The Way During Showings 

When Buyers view your home, gently remove yourself and allow them to feel at home. By pointing out features, improvements and decorating items that are meaningful to you, or you have spent money on, you could be seen as adding pressure to the sale. It is best to leave the showing to your REALTOR®

To find out more about Peter check out his listing in the Trusted Regina Realty Category.


Categories

Previous Posts

ADDRESS

S & E Trusted Online Directories Inc
Trusted Licensee: Bonne Idée
TrustedRegina.com
1307 Ottawa Street
Regina, SK   S4R 1P3
Ph: 306.529.8558

GET THE APP

App Store Google Play
Follow us on Facebook Linked In Twitter YouTube RSS Feed
Abex
Abex
Stevies
Sabex
NEYA
Website hosting by Insight Hosting