When getting ready to sell a house, there are a few basics that go without saying. Cleaning, scrubbing, organizing, and decluttering until the whole place sparkles and shines are always high up on the list of conventional tips for selling a house.
Next, you might want to fix all those nail holes in the wall from hanging your pictures and artwork. A fresh coat of paint finishes the effect nicely. All of this is Real Estate 101, and it’s all imperative to getting favourable results.
However, in a fast-changing market with so many variables, you’ll need more high-level principles to help you troubleshoot and stay on track. That’s why we’ve compiled these practical tips for selling your home in Toronto with maximum success and minimal stress.
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Recognize That It’s a Team Effort
Even before you pick up a broom or rent a carpet cleaner, there’s one critical selling tip you don’t want to forget: be sure to ask for help. Rome wasn’t built in a day, and its construction was not a solo act.
In this day and age of “Do it all yourself,” it can feel awkward to reach out. But it is worth it. With a team to support you, your home preparations will be easier and more straightforward.
Instead of constant stress and racing against deadlines, you could transform your home in record time while enjoying great company and even having a few laughs along the way. Instead of struggling to make your presentation “good enough,” you can turn it into an absolute showstopper.
Every aspect of your home-selling experience will be better with many hands working towards one goal. You will probably sell faster and earn more money, too. Where do you start?
You likely have family and friends who are willing to chip in, especially if there’s pizza involved at some point. Ultimately, surrounding yourself with professionals is the way to go. Your first step is to connect with a full-service real estate team to guide you step-by-step.
Searching for more house showing tips for sellers? You’ll get lots of ideas in the posts below:
- The Art Of Selling Your Midtown Home With Kids Or Pets
- What Upgrades Should You Make Before Selling Your Toronto Home?
- What Are the Steps to Selling a House?
Get Your Pulse on the Market
Is this your first time selling a home? Or your first time in a long time? If so, it can be challenging to figure out exactly what is happening in the current market. Myths and rumours abound, and even what was true a short time ago is now outdated.
All the same, a foundation of accuracy is one of the best tips to sell your home faster and with fewer headaches. Sitting down with your real estate agent will help. Before the “For Sale” sign goes up, and before you decide on a listing price, consider what the most recent statistics might mean for your sale.
Your agent can pull reports to show what is selling, where, how fast, and for how much. This data provides a critical benchmark to form your own listing strategy. From here, you and your Realtor® can determine a price point that generates maximum interest.
Accurate and up-to-date information also helps when it comes to assessing offers. You’ll have a better idea of whether or not to entertain conditions. You will also know if you should negotiate on price or hold firm.
Searching for houses for sale in Toronto? Check out some of our featured listings.
Create Realistic Expectations
Every home seller has an overarching goal they want to achieve. Usually, earning top dollar is the highest priority, but not always. Sometimes, a homeowner just wants (or needs) the sale over with as quickly and as seamlessly as possible.
Knowing your goal is a critical part of your strategy. If you’re out for the maximum price, preparing your home will likely take longer. More extensive renovations may be necessary before showcasing your home to potential buyers. In addition, you may also spend more time on the market and negotiating during the offer process.
When a fast sale is the primary goal, some compromises may be on the table. Regardless of what you would like to achieve, it’s also important to maintain realistic expectations. The market is what the market is, and even the most skilled real estate agent must work within it.
Looking for even more house selling tips? Start by reading the related posts below:
- How Much Are Real Estate Fees in Ontario?
- What Is An APS in Real Estate?
- What Is a Conditional Offer on a House?
Pivot as Needed
All of this background work is essential so that you can make an impact the moment your home hits the market. In a perfect world, buyers will take notice right away and will start making offers at or above your asking price.
However, there are a lot of variables, and the market is always changing. Even the best-laid plans may need tweaking as time goes by. That’s why it’s important to keep your eyes on things and pivot your strategy if needed.
For example, what happens if you’re scheduling lots of showings but are getting no offers? It may be time to rethink your price strategy. Or perhaps your marketing is not quite reaching the right audience. If you are getting lowball offers, then maybe it’s a sign that your pricing strategy need to be reassessed.
Fine-tuning all of these factors as you go requires constant communication with your real estate agent. When all of the pieces fit perfectly into place, offers should soon be rolling in and negotiations are in full swing. With support, strategy, and a healthy dose of patience, you’ll soon be on to the next chapter of your story.
Looking for guidance selling your home? Our Midtown Toronto real estate agents can work with you to customize your strategy. Reach out to us at david@batorigroup.com, bobby@batorigroup.com or call (416) 485-7575 with any questions.
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