Found 10 blog entries tagged as selling your home.

Sell your Edmonton home quickly and for the most money possible with the help of these seven home-selling tips.

1. Determine Your Reason For Selling (then keep it to yourself) 

Your motivation for selling plays a crucial role in determining the overall sales process. Are you in a hurry to sell based on a new job or closing date on another property? This will call for a different approach than if you have more time to prepare before listing.

Once you have determined your reason(s) for selling, be sure to keep them to yourself to avoid giving anything away to interested home buyers. If they know you are on a tight moving timeline, they may be inclined to make a lower offer.

2. Get a Free Home Evaluation 

Simply put, a home…

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On the surface, selling your own home may seem like a great way to save time, money and stress. After all, For Sale By Owner Homes (FSBO) allow you to cut the commission and list your home on your terms, right?

The truth is, opting to sell your home on your own can and will cost you more than you bargained for. If you’ve been thinking about flying solo when it comes time to put your home on the Edmonton market, here are 11 reasons to reconsider:

1. Some REALTORS® May Not Show a FSBO Home 

Some real estate agents actually go out of their way to avoid FSBO homes – unless specifically requested by the buyer. This is because REALTORS® are more inclined to shy away from transactions without another trained and licensed agent on the other end.…

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While downsizing may be the right choice, it’s not always an easy one. After all, you’ve spent a good many years in your current home, and it can be difficult to leave so many fond memories (and possibly possessions) behind. If that weren’t enough, you must also begin the search for a new home better suited to your lifestyle while attempting to sell your existing property at the same time.

The good news is you don’t have to do it all on your own.

Here are eight reasons to work with a REALTOR® when downsizing your home:

1. They’ll Be Your Rock

A good REALTOR® understands a home is much more than four walls and a roof – and parting ways with something that has played such a significant role in your life to date can be nothing short of…

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While Spring and Summer are generally thought of as “busy season,” for the Edmonton real estate market, fall comes with its own set of advantages. With families returning from their summer vacations, children heading back to school and the holidays still months away, the average Edmonton home buyer has more time to focus on their new home dreams – making fall a great time to sell your home!

Other key reasons to sell your home in the fall:

1. Less Competition Among Home Sellers: A slower market means fewer home sellers and less inventory to compete with.

2. Buyers Are More Motivated: With reduced inventory comes a reduced ability to be choosy/picky over homes currently available on the market.

3. Enhanced Curb Appeal: Fall colours and…

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Are you thinking about selling your Edmonton home, or are you simply curious about how much your property is worth under current market conditions? Here are five key reasons to get an expert Edmonton home evaluation.

Property Evaluations Defined 

A home evaluation (sometimes referred to as a market evaluation or property valuation) is the process by which a qualified Edmonton REALTOR® assesses the current market value of your home. Based on several factors (which we discuss in further detail below), the evaluation estimates how much your home is truly worth within a 30–90-day period. In other words, right now.

A home evaluation is different (and generally more accurate) than your home’s “assessed value,” which doesn’t necessarily indicate how…

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Overpricing is the number one reason why homes don’t sell, period. 

That’s why, if you hope to sell your home quickly AND for top dollar, it’s absolutely crucial you price your home correctly from the start. Or, at the very least, be able to identify when you’ve overpriced your home and fix this mistake immediately.

Otherwise, you risk losing buyer interest, sitting on the market, and selling for much less than your home is actually worth.

Could your home be priced too high? Here are seven key ways to tell:

1. You Chose Your REALTOR® Based on (the Highest) Valuation

We understand you want to get the most money possible for the property you’ve known and loved for so many years. And a good REALTOR® knows this.

However, they also…

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If you’re stuck deciding whether to sell or stay, you’re not alone. Many people find themselves reluctant to give up the home they’ve loved and appreciated for so many years, even if it no longer meets their needs. For this reason, homeowners may opt to renovate, in an attempt to get their current property to better suit their lifestyle. 

But are renovations really worth the cost and effort? Here are a few things to consider:

Renovation vs. Down Payment Costs 

According to the experts, most Canadians plan to spend at least $10,211 to renovate their homes. Of those choosing to renovate, nearly 40% go over budget, with average costs ranging anywhere from $10 to $60 per square foot (i.e. a 1,600 square foot home x $10/square foot = $16,000).

…

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When it comes to renovations or upgrades, bigger isn’t always better – especially if you’re thinking about selling. Not only are major changes expensive, but they can also turn buyers off. Instead, we recommend concentrating only on areas that will deliver the biggest bang for your buck (and won’t cost an arm and a leg). Here are our top suggestions:

1. Apply New Paint

A fresh coat of paint is the single most (affordable) renovation you can make to attract buyers. Not only will it help your home look fresher and brighter, it’s also a great way to mask imperfections. Keep it neutral, though. Whites, beiges and light greys will be much more effective than dark or bold colours.

2. Improve Energy Efficiency

When buyers hear “energy efficient”…

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While the answer will vary according to your unique situation, there are a few key signs it may be time to downsize. These include: 

  • An empty nest – Now that the children have flown the coop, you’re finding yourself with a lot of unused rooms and spaces
  • You’re retired (or close to retirement) – You want to boost your retirement fund 
  • You’re tired of maintenance – Your current home is becoming a burden in terms of repairs, cleaning and general upkeep 
  • You want to age in place – You’re worried your current home may not meet your needs as you grow older  

What Are the Benefits? 

While we understand it’s hard to give up your older family home, downsizing comes with great benefits! Here are just a few of the many perks you can look…

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Is your current Edmonton home starting to feel like a burden? Do you find yourself wasting a lot of time, money and effort maintaining unused rooms and yard space?  It may be time to consider downsizing. Here are the top 4 signs: 

1. You Have an Empty Nest

We know the decision to give up your family home can be a tough one. However, additional, unused spaces such as bedrooms, secondary living/ family rooms, finished basements etc. aren’t only a pain to clean, they drive up your monthly utility bills and maintenance costs. Keep in mind, the decision to downsize also affords you the opportunity to move closer to loved ones and simplify your life at the same. 

2. You’re Retired (or about to retire)

Downsizing is a great way to pad your…

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