Get the Best Price in a Competitive Real Estate Market
Houses in Southern Georgian Bay and much of Southwestern Ontario are in high demand — many Home Buyers are looking to purchase a property within these areas. And it is no wonder as the properties and houses are beautiful, lots to offer, and have great locations! But in a hot real estate market like we are currently experiencing in this areas, it comes down to making sure you are getting what your property is worth and what you deserve and maximizing your leverage in the market to get the best dollar outcome. Here is how to get the most out of your sale.
It all starts with hiring the Right REALTOR®
If you are looking to sell your house on today's hot markets and break through the barrier of high housing prices, lots of buyers, and newly implemented mortgage laws, it takes the right person for the right job. You need someone who is familiar and versed in all of these areas as well as who has expertise in the region where you are looking to sell. The right real estate agent will be able to navigate all of these obstacles, putting you and your property in the best position for a successful sale and maximizing the dollar value that you get in return.
Staging your Home to Sell
There is no way around it, if you are going to stay competitive and get the best price for your home, it has to look like the best home on the market. Start by depersonalizing your space and making your home look more like a desirable house than a well-loved home. Keep it cozy, yet minimalist, and pull out all the stops to make it look new. Do a complete cleaning, fix up any outdoor landscape flaws, finish any interior repairs, and put fresh flowers throughout the home during all open houses and showings.
Be Patient and Be Objective
While you may be inclined to jump on the first bid you get, or pick the person who gives the highest price, it is important to work with your real estate agent to objectively look at all offers and be patient in waiting for and choosing the best price. There are other factors in addition to the bid price which you may need to consider, such as if the buyer is demanding certain repairs or if they are requiring certain tasks of the seller before settlement. Furthermore, it is easy to let emotions play a role as you let your beloved home go, and this can skew your judgement or inhibit you from looking at the data and facts instead of the emotional factors. Keep all of these things in mind as bids start to come in for your house, and know that with patience, the right offer will come along!
Navigating the Competitive Real Estate Market
Do not worry, you do not have to navigate a hot market, staging, and home prices alone. Whether you are looking to sell right away or just wondering how to best position your house before putting it on the real estate market, the best REALTORS® that know these areas are here to help. If you have questions or inquiries contact one of our REALTORS®. They are here to add assistance your home selling needs.
