Strategize the Sale of Your Home

Moving to a new place is an exciting experience. But managing the sale of your current home in cities like Calgary and Edmonton can be tricky as the real estate markets are unpredictable and deals are dotted with several legal formalities.The slides that follow will help you to strategize your approach for good results.

Get an accurate valuation of your home. You can ask for such valuations from different realtors and from friends experienced in real estate transactions. Furthermore, research on the prices of homes recently sold in your neighbourhood. Price your own home on the basis of such findings.

Starting the Process

Interview real estate agents in Calgary and choose the one with the best marketing, staging and communication skills.

Hiring a Realtor

Your realtor can help you to get in touch with prospective buyers but it is you who makes the final decision. Instead of just considering ‘who the highest bidder is’, also ponder upon the following points:

Are they a first time buyer? Are they ‘in chain’ – i.e. posing as a buyer and then sell to someone else at a higher price? Are they paying directly or through mortgage? How long will they take to make the complete payment?.

Choosing who to sell to

Till the time written contracts are exchanged, there is no legal binding on any party to go ahead with the transaction. So you are free to change your mind and accept a better offer if you get it before signing the contract.

What happens on “accepting an offer”?

On exchanging the contracts, you become legally bound to complete the sale and the buyer is legally bound to buy the property. If any party pulls out at this point, they need to pay compensation to the other one.

What happens on exchanging contracts and finalizing the sale?

Listed your unit in single-family houses or condos for sale in Calgary? Want to meet genuine buyers and make profitable transaction?ContactJesse Davies, an experienced Calgary born realtor at 403-969-2363Visit Swhomesforsale.ca for details and to check new listings.