To sell your house fast in Canada can be a complicated process that necessitates extensive planning. Here are ten pointers to help you sell your home quickly—and stop a few headaches in the process.
- Pick the real estate agent carefully
Find a broker with whom you are familiar and who can satisfy your requirements. For, e.g., a well-known broker with hundreds of properties cannot be available enough for you. Before making a decision, ask peers, relatives, and coworkers for recommendations and interview a few applicants. Make sure whoever you chose has a clear understanding of the competition in your field and is licensed by the Organisme d’autoréglementation du courtage immobilier du Québec (OACIQ).
- Determine a reasonable amount
A price that is too high will turn off prospective customers and put the house on the market for longer than it should be. As a result, it’s critical to set a fair and competitive asking price. Compare your home to those that are for sale or have recently sold in the city. Consider the following considerations when determining the worth of your home: the year it was built, the type of building material used, the size of the lot, the state of the building, and so on. This is something that your broker can assist you with. If you want to sell the house on your own, hire an evaluator, a neutral expert whose duty is to assess a fair price.
- Efficiently sell your property
Putting the house on the market necessitates productivity and organization. Make use of the different media at your hands, including niche newspapers and magazines, classified ads, blogs, and social media. Post as many images as possible to show off your house in the best light and from all angles. You may also hire a commission-free real estate brokerage firm to do the ads. If you have an attorney, he or she can take care of this for you.
- Make sure it is safe from top to bottom
Before welcoming guests, any homeowner should give their home a thorough cleaning. Your whole house should be free of dust, soil, and foul odours, like curtains, carpets, walls, ceilings, and the joints around the bathtub and sinks. The first experience a potential customer gets has a significant effect on how they remember their stay.
- Increase the worth of your property
Professional real estate agents all believe that a friendly home is more likely to draw a buyer. Employ the golden principles of home staging to create the perfect mood. Streamline and depersonalize the décor, harmonize and freshen the interior, fix apparent flaws, and opt for muted, calming lighting.
- Don’t keep anything hidden
Transparency is essential. Even if you fixed the damage from last spring’s water spill, you must inform prospective customers if you don’t want to risk court charges down the line. Get your home inspected before putting it on the market if you have any questions about its physical state.
- Be aware of your rights and responsibilities
Did you know that even though the seller isn’t aware of a flaw in the property, they are responsible for it? Read about the buying process and the rights and responsibilities of both the seller and the buyer when selling a house privately in Canada. Residential Advisory experts at CAA-Quebec, the OACIQ, Éducaloi (bilingual), and lacopropriété.info are valuable tools (for condos, in French).
- Figure out how to get around red tape
If you’re selling without the help of an attorney, familiarize yourself with the legal paperwork that would be needed during the transaction (e.g., Promise to Purchase and addenda). Reading them ahead of time can help you decipher the nuances in a stress-free atmosphere, rather than when you’re swept up in the thrill of getting a tempting bid. If you do have concerns, visit your notary or the OACIQ website.
- Sell first, then buy
Can you want to purchase your new home before the selling of your existing one is completed? This is a dangerously standard procedure that is often erroneous. What if a potential customer backs out after seeing your home tested and you don’t have any other offers? You could be compelled to lower the selling price—or, even worse, bear the expenses of two homes.
- Stay in contact with the real estate agent
If you’ve hired a realtor that buy houses as-is in Canada to help you in the process, double-check that they’re on your side! Request a weekly report, ask about the number of calls received about the house, and any remarks made by tourists. Take an interest in the broker’s job, and don’t be afraid to ask for suggestions or inquire about their marketing plan.
Examine sales reports and statistics, or have your real estate agent do it for you. For some times of the year, there will almost always be significant patterns. A good agent can predict the best weeks and even days of the week to sell your home for quick selling.
In other words, if you want to sell your house fast in Canada, you can have to spend a bit extra to ensure that what you’re selling is appealing to customers. Only make sure you interview and research several real estate brokers before finding one that is a good choice for you.