Expert Advice on Selling Your Home Quickly

The Canadian housing market is all set to be in full swing, and the ideal time frame for your house to find a new owner should not be more than a month. So, if your property has been on the market for more than 30 days or is closing in on 90 days, then it’s a clear warning sign that something is wrong.

From first impressions and pricing to advertising and time of listing, there can be a number of reasons for this delay in the sale. This delay is especially problematic for those who want to sell their home quickly.

In identifying these key issues and then subsequently resolving them, lies the solution to this delay. Which brings us to the most important question: how?

• How do I identify the issue?
• How do I fix it?
• How do I sell as quickly as possible?

If these are the questions that have been keeping you up at night since the day you listed your home, then you’ve come to the right place. The Canadian Home is a place where real estate experts from across Ontario have come together to make the home buying and selling experience easier for everyone.

Here are a few tips jotted down by our real estate experts to help you sell your property fast.

Price it right

Right off the bat, the first thing you want to get out of the way is the right price. Any higher than what it should be could mean the difference between being sold and ignored. Ideally, the right selling price for your property should be competitive and realistic in nature. The best way to set the right price is by surveying similar properties up for sale in your locality or you can just go to The Canadian Home app’s  price estimation tool  and figure out the right value. If the selling price of your property is higher than other properties in your neighborhood, it might just enable potential buyers to skip your house entirely.

However, keep in mind that noticeable renovations or modifications to your property will be a good reason for a higher price range. It is also important to take into account a number of other factors before settling on a listing price, such as the house’s condition, the year it was built, the materials used, etc.

If the pricing process raises more questions than it answers, feel free to contact a real estate agent.

A good first impression

Over 150,000 new properties get added to the Canadian housing market each year, and many of them fail to attract any buyers at all. According to research, the primary reason this happened is that these properties failed to make a lasting first impression.

Photos of your property on multiple listing services, social media, or any other form of advertising or marketing platform are technically the first point of contact for a buyer. So, if your house doesn’t look good in those, your chances at a fast sale just went down a few notches.

Renovations, professional staging, and photography are all things that can help you bring out the best in your house. So don’t shy away from them.

Depersonalise everything

If they can’t picture themselves having a family dinner or hosting a Christmas party in your home, they won’t buy it.

Every potential buyer, when they step into a house, they may be looking forward to buying, automatically starts imagining how it would feel to live there. That is why depersonalizing your property is important because you want to enable that imagination.

• Paint your house a neutral color.
• Remove all your personal belongings.
• Remove decorations and family photographs.

Personal items and furniture can be distracting to potential buyers if they remain in the house. As a result, they may decide against making the transaction.

Contact experts

When it comes to giving yourself an edge so you can sell your homefaster than anyone else, real estate brokers are your trump card.

If you hire a professional real estate agent, they will handle everything from listing to closing, leaving you free to focus on other aspects of the sale. They’ll collaborate with you to set a fair price and move quickly to close the sale of your house.

The right real estate agent

• Knows the market inside and out and can thus make it super easy for you to navigate it.
• Can create a marketing and advertising strategy to increase the amount of exposure your property gets.
• Can help make it really easy to track the number of calls and comments received from the buyers.

Get the word out

Listing a home in the competitive Canadian real estate market requires careful consideration of the features that set it apart from the competition. A large compound, being closer to a train station or airport, and having quick access to public transport are all examples of aspects that can be used as USPs.

The next thing to do is to think of a good strategy for selling your house. The use of media such as newspapers, magazines, social media platform websites, and others can be helpful if you intend to sell your home on your own.

Share the most stunning photographs you’ve taken of your house to date. This applies to the dining room, the living room, and the storage unit. The impression that you want to make is that you have nothing to hide.

Timing is everything

Transactions in the real estate market are oftentimes cyclical. The spring months of March through May are often the best months to sell a home.

However, the sales pattern in your area may be different, so you should look into it first. A real estate agent may be able to help you choose the optimum weeks or days of the week to list your house for sale.

Sounds like a lot to take care of?

So, make use of our multiple listing services and sell your home faster than anyone else.