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Most Common Real Estate Selling Questions Answered

Most Common Real Estate Selling Questions Answered

There’s more to selling your home than hanging a “for sale” sign in the yard. If you’re ready to enter the world of home stagings and closing costs, here are just a few of the most common questions posed by homebuyers.

Most Common Real Estate Selling Questions Answered House Image1. When is the best time to sell my home?

According to an analysis of Canadian real estate trends, you’ll make more money on your home if you sell it in the springtime. Buyers will have cash from their tax returns, and houses will have more curb appeal with vibrant green lawns rather than slushy winter driveways. Another good time to sell is at the end of the school year, which is attractive to parents and families. Think spring and autumn when it’s time to sell your home.

2. How much is my property worth?

Your property value will depend on things like the state of your home and the quality of your neighbourhood. You might want to have it professionally evaluation by a licensed realtor to get the most accurate assessment of its worth. As the homeowner, you’ll be tempted to defend its flaws: “My toddler might have painted the walls with spaghetti, but that just shows character!” You’ll be too sentimental to be objective, and this is where a third party can be helpful.

3. What can I do to increase my home’s value?

If you aren’t thrilled with the results of the evaluation, there are some changes you can make to help it sell faster and for more money. For example, minor renovations can give it a cosmetic upgrade that appeals to buyers. New carpets or countertops can make everything seem fancier than it is. You can also arrange for professional home staging to bring out its best features and hide its flaws. Maybe those spaghetti stains can be bleached with direct sunlight from an open window!

4. Do I really need a real estate agent?

It’s up to you. While some people prefer to do things on their own, others are more comfortable handing over the day-to-day details to a real estate professional. Generally speaking, if this is your first time selling a home, you’ll probably benefit from the help of a realtor. They’ll be able to talk, write, plan, broker, negotiate and close deals in ways that would confuse a first-timer.

Most Common Real Estate Selling Questions Answered Costs Image5. Does it cost anything to sell my home?

Yes. Some of the money that you make from your sale will need to be taken right back out of your bank account to pay for closing costs. These can include everything from lawyer fees to realtor commissions, so make sure to do your homework before putting your house on the market. You’ll want your budget to cover all expenses.

6. What are some of the most common marketing strategies for selling a home?

The most important part of selling a home is getting the word out. No one can buy it if they don’t know that it’s on the market! In today’s world, this means advertising online in addition to hanging physical signs in the yard. You’ll want your home to be featured in all kinds of listings, databases and image galleries. Try approaching it from the perspective of a buyer and typing “homes for sale in Edmonton” into a search engine. Is your property featured in the top results? If not, what needs to happen to make it so?

It might not be easy to sell a home, but it doesn’t have to be a painful task, either. As long as you’re smart, prepared and willing to roll up your sleeves, you should be able to make the transition with a minimum of stress and fuss. Good luck!

 

Photo credits: question markshouse, costs 

About The Author

Jeff S.

Proud father and husband. Loves music, Nine Inch Nails, UFC and inbound marketing.

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