Selling your home in Calgary can be a complicated process, especially if you haven’t done it before. To make it smoother, it’s important to work with a trustworthy and reliable Calgary real estate agent. In this article, we will outline the various steps involved in selling your home, so you can be better prepared for the journey.
Hire a Calgary real estate agent.
When it comes to selling your property, hiring a Calgary real estate agent is a crucial step. An experienced agent can bring valuable knowledge of the local market, which can significantly improve your selling experience. A REALTOR® can help you navigate the complexities of the selling process, from setting a competitive asking price to negotiating with potential buyers. Your real estate professional plays a vital role in marketing your property effectively, using their network, online platforms, and traditional advertising methods. Ultimately, having an agent you trust by your side can streamline the selling process, increase the chances of a successful sale, and ensure that you are well informed and confident throughout the transaction.
Determine the list price.
Determining the value of your property is a crucial first step when selling real estate in Calgary. To establish an accurate and competitive asking price, your Calgary real estate agent will conduct a comprehensive market analysis (CMA), which involves assessing recent sales of similar properties in the neighbourhood, considering factors such as square footage, the number of bedrooms and bathrooms, overall condition, and any unique features. The insight of your REALTOR® will help you understand the current market trends and set an appropriate price that attracts potential buyers while ensuring you receive fair value for your property. Also, they may provide valuable recommendations for enhancing your home’s appeal and value through necessary repairs or improvements, ensuring you position your property effectively in the competitive Calgary real estate market.
List your property.
Listing your property and creating an engaging listing is foundational to catching potential buyers’ attention in the Calgary market. High-quality photographs are essential to capture the essence of each room and showcase the property’s curb appeal. The written description should include relevant information, emphasizing key selling points, unique features, and proximity to amenities. It’s important to include accurate details about the property’s size, layout, and special features to help buyers envision themselves in the space. Your listing should be stand out on online platforms like REALTOR.ca, as most homebuyers start their search on the internet. Investing time and effort into your listing can increase the likelihood of attracting serious and interested buyers to view your property in person.
Negotiate offers
When you sell your home in Calgary, you’ll likely have to negotiate before accepting an offer. Negotiations involve more than just the price; there are contingencies, timelines, and additional terms to be discussed and refined to create a mutually agreeable contract between you (the seller) and the buyer. Your REALTOR® will negotiate on your behalf, and you’ll ultimately decide whether or not to accept the offer. It’s important to remember that accepting an offer means you’re entering into a legally binding agreement to sell your home to the buyer under the specified terms. To make an informed decision, you need to understand the offer’s implications and outcomes, which is where your Calgary real estate agent comes in. Their expertise in assessing market conditions, evaluating offers, and advising on negotiation strategies is paramount.
Home inspection and addressing contingencies.
After accepting an offer, the buyer usually schedules a home inspection to evaluate the property’s condition. This inspection uncovers potential problems, ranging from structural concerns to mechanical systems, giving both parties a complete understanding of the property’s state. The buyer’s lender may require an appraisal to verify the property’s value aligns with the agreed-upon price. If the inspection or assessment reveals any discrepancies or concerns, negotiations will take place to address these contingencies. Through your Calgary real estate agent, you and the buyer will communicate to determine the best way to resolve the identified issues, which may involve repairs or price adjustments, to achieve a fair resolution for both parties. The inspection and appraisal phases are critical in ensuring transparency, creating an opportunity to resolve any hindrances while upholding the integrity of the sale.
Closing
Selling your home in Calgary can be an exciting experience, especially when it comes to closing the sale. Once a buyer’s offer has been accepted and all the conditions have been met, the ownership of the property is transferred from you (the seller) to the buyer. Your Calgary real estate agent will work with the buyer’s REALTOR®, lender, and lawyer to ensure that all the necessary documents are signed and all the funds are appropriately transferred. Once everything is in order, the sale can be finalized, and the keys can be handed over to the new owner. It’s vital to work closely with your Calgary real estate agent throughout this process to ensure that everything goes smoothly and no unanswered questions exist. With the proper support and guidance, closing the sale can be quick and easy.
Are you looking for a Calgary real estate agent to sell your home?
Realty Unleashed is primarily a listing brokerage. While we do work with buyers, our services were initially designed for sellers. We offer free Edmonton home staging, free listing and move-out cleans, lawn care, curb appeal, and much more – you can read all about our services here! If you’re ready to begin the process of selling your home and are looking for a Calgary real estate agent, you can connect with us below, and someone from our team will get back to you soon.
