Selling a home in Calgary?
WE’VE PREPARED A HOME SELLER’S GUIDE FOR YOU
Your home is likely the biggest most valuable asset you own. It represents a huge investment and as they say … “ownership creates stability”.
Selling your home isn’t a step to take lightly, and it can be a time-consuming and stressful process. The YYC Club has prepared a guide to selling your home that can show you what to expect when you sell, whether you’re downsizing or preparing for a larger family…so get informed and #Join the club!
Deciding To Sell
Time to Sell?
So you have decided to sell your property. Before anything else, it is a good idea to sit down and clarify your motivations and draw up a basic time frame for the selling process.
Why do you want to sell your property? Do you intend to simply find a larger property, or do you plan on moving to another neighborhood, school district, city, or province? You might think your reasons are obvious, but it would do you well to consider the implications of each option for your lifestyle, opportunities & finances. Being clear about your intentions for selling will make it easier for us to determine the most appropriate option for your specified financial, lifestyle, and real estate goals.
When Should I Sell?
You should immediately establish your time frame for selling. If you need to sell quickly, we can speed up the process by giving you a complete market analysis and action plan to obtain your goals. If there is no pressing need to sell immediately, you can sit down with one of our experienced YYC members to thoroughly review the current market conditions and organize the most favorable options for a successful sale.
What is The Market Like?
When you work with the YYC Club, you can be sure that you will have our knowledge, expertise and negotiating skills at work for you to arrive at the best market prices and terms. We will keep you up-to-date on what is happening in the marketplace and the price, financing, terms and conditions of competing properties. With us, you will know exactly how to price and when to sell your property.
How Do I Optimize My Finances?
Deciding to sell your property demands serious consideration of your current financial situation and future possibilities. With the help of a YYC agent, you will be able to effectively assess the cumulative impact of these changes & estimate the potential proceeds of selling your property. We will ensure that you not only take control of your finances, but use them to their fullest potential.
Why Should You Choose a YYC Club Professional?
You may opt to sell your property independently, but there are many excellent reasons why you should choose the YYC Club to assist you in this important step in your life. Selling your home is one of the most important decisions you will make, it will affect your family, your finances and your lifestyle. For such a large decision you deserve the best! Our YYC Club’s full service, client –focused approach to real estate puts people first. Remember, we’ve done this before! Our experienced team will employ the most effective marketing and advertising strategies for your property and guide you through the complicated paperwork in involved, from the initial agreement to the final documents.
Finding a REALTOR®
What to Look For In A REALTOR®
The following are some factors to keep in mind when looking for a listing agent:
- Constant Learning
One of the most important factors in choosing a real estate professional is their willingness to continually educate themselves about the ever-changing real estate industry. Our YYC Club professionals are continuously updating their training and education, allowing them to be among the most cutting-edge in their field.
- Experience and Expertise
You want a full-time REALTOR® who is familiar with your area and with the type of property you intend to sell. Does he or she employ a diverse range of marketing and advertising strategies? How tech-savvy are they? How many similar properties has he or she been able to sell in the past? Let our expertise work towards the stress-free sale of your home.
- Availability and Commitment
Your agent should be capable of prompt and decisive action during the course of selling your property. They should be able to keep in touch with you via phone, email, text message, etc and should be readily available in case of emergencies or even for the simplest questions.Our Team is always available for you during the home selling process to address any questions or concerns that you may have. We have a team of agents and employees all working towards selling your home! We communicate with our clients through text, email, over the phone and in person. We will communicate with you in whichever way you are most comfortable!
You want an agent to take the time to listen to your goals and clarify your needs. Your agent should understand your unique situation and be genuinely concerned about the outcome of the process. Your listing agent will be your guide and partner in this crucial decision, so it is important to find one with whom you are comfortable, can get along with and trust.
What is Your Property Worth?
Without a professional YYC Club member’s expertise, most independent property sellers tend to overestimate the value of their property. There are dangers to overestimating your properties value that may cause your property to sit on the market for a longer period of time and could eventually cause your property to sell below market value!
- Fewer buyers are attracted and fewer offers are received, if any.
- Marketing momentum from the initial listing is lost.
- The property attracts ‘lookers’ and helps competing houses look better by comparison.
You can avoid these pitfalls by consulting with an experienced real estate listing agent. The YYC Club believe’s that every home sale should be handled with the utmost responsibility and care.
We believe that the selling process should be exciting, comfortable, informative and stress-free. We are committed to a consultative approach to selling your home so you can make informed decisions regarding the sale of your home
Preparing To Sell
Preparing Your Home For Sale
When preparing your home to sell there are a lot of things that you can do to increase the appeal of your property and create a lasting impact on potential buyers. And most of them don’t cost any extra money!
What to Do To Prepare
Below are some key factors to keep in mind when listing your property for sale:
The Price is Not Always Right
“The higher the price, the better the offer” Do not let yourself be fooled by this popular misconception. Price is not always the determining factor when accepting an offer for several important reasons: the initial offer is usually not final, and there are a number of terms and conditions that may influence the final outcome of a price.
Negotiating the Right Way
We take the ethical responsibility of fairly negotiating contractual terms very seriously. It is our job to find a win-win agreement that is beneficial to all parties involved, and we will guarantee a thorough and objective assessment of each offer to help you make the right choice.
Accepting an Offer
The negotiating process is crucial. Having an experienced professional in your corner can pay off in terms of getting you a higher final price for your home, as well as in negotiating favorable contract conditions. Read on for more information on the offer process.
The Offer Process
Receiving An Offer
Once a buyer decides that your home is the right one for them, they will put in an offer. At this point your REALTOR® will discuss with you the terms of the offer and advise you on what to do next, based on your situation and needs. You may even receive several offers at once; in this situation your REALTOR® will guide and advise you but it is ultimately your decision when determining which offer you’d like to work with.
A Firm Offer
Now that all of the conditions have been met the offer is firm, congratulations you just sold your house! All that’s left to do is to get ready to move on closing day.
The Process, Step-by-Step
You’ve come a long way, through a lot of hard work and negotiations, and the sale of your home is in sight! There are just a few more things to take care of.
More of a formality than anything else, the final inspection usually takes place the day before or on closing day. The buyer visits the property to verify that all is in working order & that everything is the same as when the buyer last viewed the property.
Cancel Home Services and Utilities
We will provide you with a list of useful numbers for you to contact for the termination of home services & utilities before closing day.
We are ready to assist you should an unforeseen glitch pop up, even at this last stage. If something at the property breaks down, or some other minor issue arises – there is no need to worry! We have encountered these problems before so we know how to handle them efficiently and in a stress-free manor.
The biggest misconception when it comes to closing is that come closing the new owners get the keys right away and can start moving in, although this would be ideal it’s simply not the way things work.
In order for the keys to be passed from the seller to the buyer you have to wait for the title to be transferred. The title transfer is handled by your lawyer, who is your biggest ally come closing day. Your lawyer will notify you after the title has transferred. This generally happens between 1:00 and 5:00 PM.
Closing Day – What to Expect?
What a lot of people aren’t aware of is that as soon as the title has transferred, legally the house is no longer yours and you must vacate the premises. Because you can never be sure what time the title will transfer we recommend, if possible, to try and have everything packed and out of the house the day before closing or the morning of. This will just help to keep closing day as stress-free as possible.
Once the title has officially transferred, it’s time to celebrate; your house has officially sold and you can move on to your next stage in the property ladder!