Selling your home? Here’s what you should do
According to a recent RBC Home Ownership poll conducted by Ipsos, Canadians see the real-estate market as being balanced between buyers and sellers for the first time in five years.
While the market and regulatory environment are beyond a homeowner’s control, there are certain things you can do to maximize opportunity and profit. Here is a quick list to help you make the most of your selling experience before you even put your home up for sale.
- Ask yourself the important questions. Is now the best time to sell from both a personal and a marketability perspective? Do I want to make any major improvements to maximize my selling price? How much do I want/need to get in terms of a selling price?
- Prepare to have people in your home. Potential buyers will scrutinize your living space and you should be ready for the feedback—both positive and negative.
- Put yourself in the buyer’s shoes. Do a thorough walk through, critiquing your home from their perspective. Making a few small touch-ups and repairs can make a big impression.
- Clean, de-clutter and de-personalize your home. It’s important to do this so prospective buyers can envision living in the space. For a complete listing of areas to consider when making your home look its best, click here.
- Gather paperwork. Make sure you have utility and tax bills, warranties, property surveys and permits so you can answer any questions for a prospective buyer.
- Maximize curb appeal. To create a powerful first impression, try these tips to make your home more inviting, as suggested by Better Homes and Gardens.
- Interview several realtors before selecting one to represent you. It is important to choose one that specializes in your area and type of home; one that has a solid reputation and valid credentials.
- Make your home stand out with a Home Protection Plan from FCT. You can get a pre-listing home inspection backed by an 18-month transferrable warranty on the major features of your home. By understanding what repairs your home needs, you can get in front of potential conditions that can slow or kill a deal. Visit fcthome.ca for more information on how to put our innovative service offering to work for you.
Do you have any other tips to share? Please share them below!