For first-time Edmonton home sellers who have never been through the process before, it has become a different world than it was in the past. Today’s buyers are much more savvy and have more tools in their arsenal. As a result, Edmonton home sellers inevitably spend more time and money in making their homes appealing.
As a seller, don’t be disheartened. Here are some tips for the first time Edmonton home seller!
Price It Realistically
When determining the value of your Edmonton house, do it logically not emotionally. Because you have owned and lived in your home, it is natural to have grown attached to the property. Sentimentality leads to subjectivity which leads to overpricing. Your fondness and pride in your home can compromise pricing and cause you to go over the real value.. Always remember that it’s all about business in the real estate market. You must leave your personal feelings behind.Try researching and comparing prices of other Edmonton houses for sale in your neighborhood of similar styles. This will give you an initial idea of the value of your Edmonton property and then you can give it a competitive price.
Prepare To Lose Money
What you paid for your Edmonton house a few years ago may not be the same price you will get for it at the present time. What you paid has nothing to do with the value of your home.
The truth is that your Edmonton house is worth what buyers are willing to pay for it – supply and demand. This can work both ways. Be hopeful that you will gain money but be prepared to lose money.
You have to look at who your buyers are most likely to be and then cater to the needs of this group of people. With the use of the internet, you can easily reach out to the people that you are targeting. There are different listing websites to choose from which you can use to market your Edmonton house. You are going to need a number of clear, professional-quality pictures that can show your Edmonton house at its best.
We’ve said that today’s buyers are much savvier and it’s true especially with the millennial buyers. You need to spend money to make a memorable impression to your target buyers. Hiring an interior expert may sound expensive but it can save you a whole lot more than doing a renovation yourself.
The cheapest thing you can do for a house with the biggest return is to paint and replace carpet. Don’t forget to remember that new carpet and fresh paint smell are buyer-bait!
Lazy Buyers Attraction
Potential Edmonton home buyers want to get an Edmonton property where they don’t need to do anything to the house except to move in. That means you have to do all the repairs and replacements that you would demand as if you were buying the Edmonton house today. Everything needs to be clean and in an orderly manner so that if a potential buyer views your Edmonton house, all he or she needs to do is sign the paperwork and move-in.
It takes time and a whole lot of effort to sell an Edmonton property. The risks may be high but the rewards are even higher. Today may not be the day you sell your Edmonton house but sooner or later a person will come along and they will change all that. The next thing you know, you are handing them the keys to the Edmonton house you once called home.
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Note: Remember, you can access all our available Homes For Sale in Edmonton through our Edmonton MLS Listings page.
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