Found 32 blog entries tagged as Selling.

 

Imagine you’re shopping for a used iPhone 11 that’s in good condition. You visit a resale website and discover that most are selling for approximately $350. Would you be willing to pay $400? Probably not. The market value is obviously well-established. There would be no reason to pay more.

Pricing your home for sale is similar. Your home has a market value and, if you were to list it, buyers would expect to pay close to that amount. If you price it too high, many buyers won’t even bother to see it. If you price it too low, you’ll leave money on the table.

Many factors come into play when calculating that market value – neighbourhood, street characteristics, special features, upgrades, condition, etc. However, the most important factor is…

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Say you’re shopping for a new home. Your goal is to find the ideal property, in a neighbourhood that is just right for you, within a price range that you can afford.

What do you need — at a minimum — to get started?

If you’re looking for ways to get your ducks in a row, here are some things to prepare:

 

  1. A property wish list. What does your ideal home look like? How many bedrooms does it need to have? Do you require a spacious recreational room? A large deck? A pool? A nice view? Get your wish list down on paper.
  2. A neighbourhood wish list. Where you live is just as important as what you live in. What qualities are you looking for in a neighbourhood? A nearby park? Walking distance to a good school? Hiking trails? A shorter drive…

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It’s interesting to note how so many things have their “season.” Hockey in the winter. Vacations in the summer. Gardening in the spring. Even retirement reportedly occurs more often in the fall than any other time of year.

To some extent, even real estate seems to have a season. The spring is traditionally an active time for home sales. But, does that mean you should wait until spring to list your home?

Here’s the reality...

Properties sell all year round. There are buyers actively looking for homes at all times of the year. In fact, there are bound to be buyers that would be interested in your home if you were to list it this month. While it’s true that the market may fluctuate throughout the year, with some months featuring higher or lower…

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 Seven Master Bedroom Staging Ideas

As you may know, staging involves setting up the furniture, art and accessories of each room so that, overall, your home looks as appealing as possible to buyers. It’s similar to what furniture stores do when they create displays of model bedrooms, kitchens, etc.

When you’re staging your home, the master bedroom is particularly important. Here are some simple staging tips worth trying:

1) Consider using mirrors to make the bedroom seem larger and more comfortable.

2) Put a new comforter on the bed.

3) Update the wattage or add a lamp if the lighting is dim. (Make sure lights are turned on during a viewing.)

4) Be ruthless when removing clutter from the room, particularly the closet. Don’t have anything stored under the bed.

…

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 Pulling Together the Records you Need when Selling

Imagine you’re viewing a home for sale. You venture to the basement, check out the furnace room, and notice the water heater. Is it owned or rented? As a potential buyer, you’d want to know.

Now imagine a property you’re viewing has a brand-new gas fireplace. Nice! Is it under warranty? Is that warranty transferrable to you if you buy the home? Again, you’d want to know.

So, when you’re selling, it’s important to pull together all the necessary records you will need in order to answer these types of buyer questions. After all, if a particular warranty transfers to the new owner, that’s a selling point.

Take the time to find receipts, warranty certificates, and other documents related to:

1) Renovations (e.g., a bathroom…

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Preparing for a Day of Multiple Viewings

When you’re selling your home, several viewings of your property may be scheduled on the same day. That can be a good thing because it can create increased excitement about your listing.

To prepare for a multiple viewings day, follow these tips:

  •          Clean and prepare your home the day before. That way, you’re not scrambling to get things ready in the morning.
  •          Confirm the time of the first appointment. Schedules can change quickly.
  •          Plan to leave your home a half-hour before the viewings begin. Some buyers might feel awkward if they run into you as you’re coming out.
  •          Make a last-minute checklist.
  •          Assume the viewings will go overtime. Plan to be away at least a half-hour after the…

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 The Role of Personal Goals when Deciding to Sell

Many people decide to move for practical reasons. For example, some might be required to move due to work relocation and others may realize that their household has changed and they are ready to downsize or upsize.

But personal goals play an important role too.

In fact, when deciding whether or not to sell your property and find your next dream home, it’s essential to consider personal goals—your own and those of other family members too.

After all, where you live, and the type of home you live in, can greatly impact your goals and dreams.

For example, if you’re active in a particular sport or another hobby (such as hiking), being able to enjoy that activity locally might be an objective. If your goal is to live in a certain…

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Lists to make when selling your home

When you put your property up for sale, you want to make sure that potential buyers get all the information they need on the features of your home and its surrounding area. If, for example, a buyer doesn’t realize there is a great school just a couple of blocks away, he might cross your property off his shortlist.

An effective way to make sure something like that doesn’t happen is to create three lists.

#1: The “I’ll Miss It” list.

Chances are, there are things about your home that you’re really going to miss when you move. It may be the spacious living room, ideal for entertaining. Or maybe it’s the nearby park with scenic trails, perfect for walking and biking, or the large deck that has just the right combination of shade and sun to make…

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Home Not Selling? Here Are 6 Reasons Why Featured Image

Has your Edmonton home been on the market for weeks or even months with little to no buyer interest? Worse yet, have you invested time and money into the sale of your home with nothing to show for it but an expired listing?

We’re here to help.

Here are the top six reasons why your home may not be selling.

1. You’re Asking Too Much

We understand you love your home. You’ve no doubt put an immeasurable amount of time, love, money and maintenance into the property, which has, in turn, delivered countless great memories.

For these reasons, it's not uncommon to see a disconnect between what a home seller thinks their home is worth and what it’s actually worth according to Edmonton market conditions. Simply put, market conditions reflect what…

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10 Tips For Making Your Home More Appealing to Buyers Featured Image

Boost buyer appeal and sell your home faster (and for more money) with the help of these ten proven tips.

1. Work With a REALTOR®

First thing’s first. We recommend enlisting the help of an expert Edmonton REALTOR®, and for several reasons. Not only will they help you price your home both competitively and fairly (a sure-fire way to attract buyer interest), but they’ll also ensure your listing gets noticed with a fully comprehensive marketing plan.

See our previous post: 6 Great Reasons to Choose a REALTOR®

2. Price Your Home Right (the FIRST Time)

Speaking of pricing, you must price your home right the first time if you hope to sell quickly and for the most money possible. Many sellers are tempted to overprice their home, thinking it…

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