Sellers' FAQs

Preparing your home may involve decluttering, depersonalizing, making repairs, and enhancing curb appeal to attract potential buyers.

A qualified real estate agent can help you determine the right listing price by conducting a comparative market analysis (CMA) and considering factors like market conditions, location, and property features.

Costs may include real estate agent commissions, legal fees, marketing expenses, home staging costs, and potential capital gains taxes.

Yes, sellers are required to provide certain disclosures about the property's condition, including any known defects, to potential buyers.

The time it takes to sell a home can vary depending on factors like market conditions, location, price, seller motivation, and the property's condition, but it usually ranges from a few weeks to a few months.

Staging can help showcase your home's potential and attract more buyers, potentially leading to a faster sale and higher offer, this is mostly important when a home is vacant.

Real estate agents provide market expertise, marketing resources, negotiation skills, and support throughout the selling process.

Consider factors like the offer price, terms and conditions, buyer qualifications, and your own priorities and timeline when evaluating offers.

If your home doesn't sell, you may consider relisting with a different strategy, adjusting the price, or take other options into consideration such as waiting until a different time of the year to re-list.

There may be capital gains tax implications if your property has appreciated in value since you purchased it. Consult with a tax advisor for personalized advice.

You should disclose any known defects, renovations or additions made without permits, environmental issues, and any other material facts that could affect the buyer's decision.

Maximizing resale value may involve making strategic renovations, enhancing curb appeal, updating fixtures and finishes, and showcasing your home's best features.

Marketing methods may include online listings, social media promotion, open houses, signage, virtual tours, and targeted advertising.

Addressing minor repairs and making strategic renovations can help increase your home's appeal to potential buyers and potentially boost its sale price.

In addition to effective marketing, consider hosting open houses, scheduling private showings, and ensuring your home is well-presented and accessible to potential buyers.

A pre-listing home inspection can help identify any issues upfront and allow you to address them before listing your home for sale, potentially avoiding surprises during the selling process.

Key documents may include the property title, survey or site plan, mortgage documents, utility bills, property tax records, and any warranties or manuals for appliances or systems.

Work with your real estate agent to schedule showings and open houses at convenient times, keep your home clean and organized, and it is recommended to leave the property during showings.

Before closing, ensure all necessary paperwork is in order, coordinate with your real estate agent and legal representative, and address any outstanding obligations related to the property.

While you can sell your home "as is," it may limit your pool of potential buyers and impact your sale price. Discuss the pros and cons with your real estate agent.

Review offers carefully with your real estate agent, consider each offer's terms and conditions, and negotiate from a position of understanding your priorities and goals.

High-quality photography and videography are essential for showcasing your home's features and attracting potential buyers online.

If you receive multiple offers, your real estate agent can help you evaluate each one, consider factors like price, terms, and buyer qualifications, and negotiate the best outcome.

In a seller's market, there are more buyers than homes available for sale, which can lead to faster sales and higher prices. In a buyer's market, there are more homes available than buyers, which can lead to longer selling times and lower prices.

Your real estate agent can help you prepare for the appraisal by providing relevant information about your home's features, recent comparable sales, and market conditions.

The MLS is a centralized database used by real estate professionals to list properties for sale and share information with other agents and potential buyers, increasing your home's exposure to the market.

Be prepared for the buyer to conduct a home inspection, and address any issues that may arise. Your real estate agent can guide you through the process.

While selling your home by owner can save on commissions, it requires additional time, effort, and expertise to navigate the selling process effectively, and often leads to a lower sale price. Consider the pros and cons carefully.

Different seasons may attract different types of buyers, and certain seasons may offer better weather conditions for showcasing your home's exterior features. Consult with your real estate agent to determine the best timing for your sale.

Consider the buyer's motivation, market conditions, and your own priorities when evaluating lowball offers. Your real estate agent can help you respond appropriately.

Overpricing your home can lead to extended time on the market, reduced buyer interest, and ultimately, a lower sale price. It's essential to price your home competitively based on market conditions and comparable sales.

Contingencies are conditions that must be met for the sale to proceed, such as a satisfactory home inspection or financing approval. Work with your real estate agent to evaluate and respond to contingencies effectively.

Yes, you can sell your home if it's leased to tenants, but you must adhere to the Residential Tenancy Act and provide proper notice to your tenants throughout the selling process.

If your home isn't attracting offers, your real estate agent can help you reassess your pricing, marketing strategy, and presentation to make adjustments and attract more buyers.

Your real estate agent will typically handle negotiations with buyers' agents on your behalf, representing your interests and helping you achieve the best possible outcome.

Open houses provide an opportunity for multiple potential buyers to view your home at once, generate buzz and interest in the property, and potentially lead to offers.

Before closing, ensure all necessary paperwork is in order, coordinate with your real estate agent and legal representative, and address any outstanding obligations related to the property.

Coordinate with your real estate agent, movers, and utility providers to ensure a smooth transition to your new home. Consider decluttering and packing in advance to streamline the process.