Seller's Guide
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Seller's Inquires
There are some basic tips a seller should consider before selling one of the most valuable assets such as home and it is considered as most important financial decision. You should always make informed decisions as your realtor provides valuable advice and knowledge so that you feel confident in selling your real estate.
Taking services from right, experienced, and trustworthy realtor, you would feel stress free during the entire complex process of selling your property.
Your listing agent can explain you about his/her marketing plan and strategy to sell your property at the best price.
Realtor will guide you and suggest the range based on the market survey and resent sales in nearby area.
Once you choose a realtor to sell your home, you will be required to sign a listing contract also commonly referred to as a listing agreement. Before you sign the listing agreement, it is imperative to discuss marketing plan with your realtor and clarify the terminology used in contracts by asking questions.
Keep sellers in mind that price of property is determined by the market forces such as demand and supply. So, it should neither be too high or too low.
If you do not want to include any item in the selling price, tell your realtor before setting up listing agreement in the initial meetings to avoid any issues later.
You should be aware of that once all sellers have signed the contract and it would be legal binding on both the parties to complete this transaction as per the date and time mentioned there, after which the offer will become null and void means new offer must be created.
Don’t hide any minor or major defect in the property or any material information from realtor in regard to subject property.
Provide strata documents or strata management contact information to realtor so that your realtor can contact them to get necessary documents required to complete this transaction.
Listing agreement will be for specific period of time, and it will include the name of your Realtor and their brokerage, as well as the full legal name and address of the property owner.
Keep yourself up to date regarding the current market conditions and your neighborhood. Realtors use CMA – Comparable Market Analysis tool to guide seller with understanding market value of the property and setting up right price.
Check the schedule-A which enlist most of the activities expected to be performed by the realtor.
A possession date is the date the new owner can take possession of the property and the completion date is the date when money changes hands and the title is transferred to the buyer’s name. So, keep in your mind that you need to arrange new place for yourself before completion date.
If you receive more than one offer, it’s important to look in detail with each offer and your realtor will review the offers with you but the decision will be yours.
When you sell home before the mortgage term expires, you need to pay mortgage repayment penalty to lender. It may be thousands of dollars so take your wise decision for selling your home after considering all kind of expenses such as penalty for repayment mortgage, buyer and seller commission, closing cost, legal fee, improvement & repair cost, staging expenses if required and so on.
Consult your lender first to know if there would be any waiver or reduction in penalty if you take another mortgage from the same lender for your next house.
Choosing to work with trustworthy, knowledgeable and highly in responsiveness realtor is right move.
About Us
Real estate sector in Canada is growing very fast with the rise in immigrants from all over the world resulting in high population growth very year and it is estimated that approximately 10 million more people may come in Canada by next decade in major provinces such as Quebec, Ontario, British Columbia, Alberta and others.
Due to high population growth, demand of houses has been rising very fast for the last decade, resulting increase in home prices.
We provide real estate services in British Columbia, the fast growing province in Canada and committed to provide extraordinary services to all my clients. We do the best of our client’s interest by understanding their need thoroughly and satisfying them by fulfilling their real estate dream.
Our Mision
Keep our clients happy and satisfied by providing solutions to all queries come in the process from starting real estate transaction till the completion even after and helping them in fulfilling their dreams while maintaining integrity and highest standard of services.
To provide accurate information and up-to-date industry knowledge to all my current and prospective clients so that they can take right and informed decision in regards to real estate transactions.