1. Find Your Agent
Should you use an instant buyer or should you use an agent? Instant buyer (otherwise known as iBuyer) are still not a good deal for the seller. They take heftier commissions than the local market (they just call them something else, like experience charge or credit) and they are incentivized to pay you a lot less than market rates. So, a traditional real estate agent still makes more sense as you'll get a much more profitable deal in the end.
2. Prep For The Sale
The seller should pay for their own inspection and address any major issues. This is an important step, as 95% of contracts that fall apart do so because of conflict during the inspection. By addressing major issues ahead of time, like the roof, sewer, or HVAC, you can limit the undue stress and lost time that frequently accompanies a sale.
3. Professional Photos or Videos
This can be relatively inexpensive and are a very important aspect of getting more interest in the purchase of a sale. Do not skimp on this.
4. Make Sure Your Comps Are Correct
There are a few criteria we consider when pulling comps (comparable properties).
Within a mile is preferred since the one thing you can’t throw money at post-close is location.
Larger homes have a cheaper price per square foot than smaller properties, so it’s important to pull from houses with a similar footprint.
We care about bathrooms a lot more than we care about bedrooms. It’s much more difficult and expensive to add a bathroom, which requires plumbing and expertise, to a house than it is to add a room, which just needs drywall. Also, the difference between one bathroom or two is huge, so that counts for more.
Our clients who live in Alberta, in general, wan