Terry Paranych Real Estate Group Blog - selling

How to Maximize the Sale of Your Home by Asking for Less

Of course, you want to get the highest possible price for your home. As such, you may be inclined to list at the maximum price to receive top dollar. But what if we told you that you could potentially get more out of your home’s sale by asking for less? Here, we’ll explore the concept of asking for less when selling your home and how it can lead to a better outcome for both you and your potential buyers.

The Psychology Behind Asking for Less

When potential buyers see a home listed at a slightly lower price, it creates an immediate sense of value and opportunity. Buyers are more likely to perceive a home as a great deal and act more quickly, resulting in increased interest and/or a potential bidding war. By asking for less, you can create a sense…

1832 Views, 0 Comments

Selling Your Home at the Right Time: A Guide for Homeowners

When it comes to selling your home, timing plays a crucial role in selling quickly and for top dollar. Here, we’ll explore the many factors that influence the timing of a successful home sale and provide valuable insights to help you make the most informed decisions possible.

The Edmonton Housing Market 

The first step in timing the sale of your home is having a basic understanding of the current Edmonton market and the conditions that set the expectations for both Edmonton home buyers and Edmonton home sellers. When the local housing market is strong (a.k.a. a seller’s market with high demand and low inventory), it generally results in favourable conditions for sellers.

In a seller’s market, where housing supply is limited, buyers have fewer…

1526 Views, 0 Comments

Tips For Selling Your Home Fast and For Top Dollar

Get the most out of the sale of your home with these top tips.

Tip 1: Determine Your Reason for Selling 

Your motives to sell play a crucial role in the overall selling process. Not only will they affect pricing, but they’ll also impact the time and money needed to prepare your home for listing, how you vet and negotiate with buyers, and much more. For instance, you need to consider which is more important: the money you walk away with or how long your home sits on the market. If you’re hoping for a quick sale, the amount you get for your home may come secondary. Conversely, if maximizing profit is your goal, the process may be longer.

Keep in mind it’s important not to disclose your motivations to the buyer. Sharing too much information,…

1455 Views, 0 Comments

6 Valuable Ideas for Getting the Most Out of Your Home’s Sale

The “secret” to making top dollar when you sell your home isn’t really a secret at all. All you need to do is consider a few well-placed investments of time and a little money that will both increase the price of your home and the time in which it sold.  

The following ideas will show you how even minor home improvements can substantially boost the value and marketability of your home. This is crucial before listing your home on the market, as the failure to make beneficial changes can leave you at a disadvantage when buyers compare your home to the competition.

1. It’s the Little Things 

Unless your home is in perfect condition or you’re selling it as a “fixer-upper,” there are likely a few repair or renovation projects to consider. These…

1961 Views, 0 Comments