Selling your home is one of the biggest decisions of your life. Whether transitioning to a newer home, a new build or downsizing there are many considerations and preparations throughout the process. Sign up for your FREE Home Evaluation!
Understanding the market will help you decide when it's best for you to sell your home.
When the market has a lot of people that are trying to buy homes but there aren't a lot available for sale.
When there are not many people looking to buy homes and there is a surplus of homes on the market
Spring tends to bring more buyers and sellers together whereas winters tend to see a slow down of sale. This is referred to as seasonality
There are many costs associated with selling your home. Some costs that many don't consider are:
Discharge Mortgage Fee
If you have a closed mortgage be prepared to pay a mortgage penalty if you are not at the end of your term. This may be a consideration on when you want to sell. Most mortgages are 3 months interest penalty of the interest differential - whichever us the greater of the two.
If you have an open mortgage, there is no cost associated with paying out the mortgage early.
To port a mortgage allows you to move your mortgage dollars onto a new property - without penalty!
Capital gains tax
If you are selling a vacation property or investment property or have had a rental unit in the property you are selling - you may owe Capital Gains.
These are a few of the many considerations to take into account. Consulting a professional financial planner is recommended before you make any major financial decisions. Know all your unique considerations before making a commitment.
Setting the right price is critical to your home selling success!
Set the right price!
Pricing your house right is the key to a successful sale.
Decide on a price that is too low and you can miss out on thousands of dollars. If you price your house too high you could scare away potential buyers.
As your REALTOR® I will ensure that all market considerations are looked at. I will look for any selling trends in your neighbourhood. I will also compare all similar homes that have sold near you to provide a fair market value on your property and advice on how to sell your home in todays conditions.
With an extensive sales and marketing background, I have the ability to prepare your home for sale in today's market place.
Your Home Marketing Needs:
... And more
The offer on your home is the final stepping stone to the final sale. This is an exciting and albeit emotional time in the process. Negotiating the sale of your property and representing your best interests is what I do best. I take away the stress of the back and forth process and help you achieve your home sale goals!
A Real Estate Lawyer is a key part of your Real Estate team. If you don't have a Real Estate Lawyer, I am always happy to recommend an experienced professional to you.
Your lawyer will review with you all of the important documents that will require your signature including the "offer" that has been submitted by the buyer.
Your lawyer will advise of any mortgage payouts, penalties or monies still owing to the bank. They will also have you sign off on the title transfer to the new owner.
Lastly, when everything has closed, they will provide you with the cheque for the net proceeds of your home sale.
Listing with Tracy (Mainland) Kramble a licensed REALTOR® will provide you with a number of benefits:
What I do for you
There are many considerations when selling your home. I would love the opportunity to earn your business and discuss more details with you.
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