Selling a home

Selling a home in Coquitlam can be a complex, multi-step process that requires the expertise of a Real Estate Agent. You’ll need to consider many things, and here’s a general overview of what to expect and prepare.

Get Your Finances in Order when selling a home.

Don’t worry if you’re still paying off your mortgage. Depending on your type of mortgage, you have several options. However, you’ll need to talk to your lender before proceeding.

Meet With a Real Estate Agent

You must partner with a real estate agent you feel entirely comfortable with. Don’t fall for the trap of partnering with the first Agent who suggests the highest asking price. Shop around. An excellent real estate agent can help you price your home to sell, answer questions like “When is a good time to sell?” and gain in-depth knowledge of the market.

Start your search for a reputable Real Estate Agent by checking if family and friends have a preferred One or searching online for the most visible and professional one. Visit your local real estate office; pay attention to advertisements and for-sale signs.

Listing Your Home

Pricing your home too low or too high is not an option. Setting a fair price will attract more potential buyers and give your home more exposure. Your Real Estate Agent should be able to explain the multitude of factors influencing pricing, including competitive pricing, current market stats, and, of course, the estimated value of your home.

Marketing And Promotion

The next step is to sign a Listing Agreement, which gives your REALTOR® permission to post your property on the MLS (Multiple Listing Service). They’ll then begin marketing your home through digital and traditional mediums and inform other REALTORS® (who represent buyers) that your property is on the market. Your REALTOR® can also help you prepare your home for staging.

Closing

After the hard work of marketing and promoting your home pays off, you’ll hopefully have a few offers on the table. Once you’ve accepted an offer, your buyer will want to conduct a home inspection and (potentially) negotiate the cost of any repairs. Finally, your lawyer and Real Estate Agent will walk you through the paperwork and legal bits needed to close.

Congratulations! Your home sale is complete, so you can begin looking for a new place. Contact us today!