For Sellers

Common Questions Home Sellers Ask

 

1. Should I Sell My Home First or Buy First? What is the Right Step?

Choosing whether to sell your home first or buy a new one first depends on your personal circumstances and market conditions.

• Selling First: Selling your home first clarifies your budget for the next purchase and strengthens your negotiating position. However, you may need to find temporary accommodation if an extension stay is not arranged or if you haven't secured a new home in time.

• Buying First: Buying your next home first ensures you have a new place lined up, but it can put pressure on you to sell quickly and might lead to accepting a lower offer to avoid carrying two mortgages.

We’ll help you evaluate the pros and cons of each option based on your unique situation and the current market trends, guiding you to make the best decision.

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2. Can I Get an Extension Stay After I Sell My Place?

Yes, it’s possible to negotiate an extension stay, which allows you to remain in your home for a specified period after the sale is completed. This arrangement can be particularly useful if you need extra time to buy and renovate your next home. The terms, including the duration and any rent involved, are negotiated as part of the sale process. We’ll assist in ensuring this option is effectively discussed and included in your negotiations.

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3. What is the Valuation Price of My Unit?

The valuation of your property is influenced by factors such as location, size, condition, and recent sales of similar homes in your area. A valuation provides an accurate estimate of your property’s worth. We can arrange for a valuation and provide a comparative market analysis to help you understand your home's current market value.

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4. How Much is My House Worth in the Market?

Your home's market value is influenced by demand, market trends, and the unique features of your property. We will conduct a detailed market analysis, including recent sales data and current buyer interest, to help you price your home competitively.

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5. How Do You Get the Right Buyers for My Unit?

Attracting the right buyers involves a strategic marketing approach:

~ Online Listings: Exposure on major real estate platforms and social media.

~ High-Quality Photography: Capturing images that showcase your home’s best features.

~ Video Tours: Providing video tours to attract remote buyers.

~ Open Houses: Organizing events to showcase your home.

~ Staging Advice: Offering tips or arranging staging to enhance appeal.

~ Targeted Advertising: Using online ads to reach potential buyers in your area and beyond.

I’ll leverage these strategies and my network to ensure your property is seen by the right audience, maximizing its market potential.

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6. How Long Does Marketing Take?

The timeline for marketing can vary based on market conditions, your home's price point, and your personal schedule. Typically, it takes 4-6 weeks from listing to securing an offer, though this may vary. I’ll provide a realistic timeline based on your property and the current market, ensuring you are well-informed throughout the process.

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7. What Do We Do to Market the Property?

Our comprehensive marketing plan includes:

~ High-Quality Photography: Capturing images to highlight your home's features.

~ Video Tours: Providing video tours for remote buyers.

~ Online Listings: Featuring your property on major real estate platforms and social media.

~ Open Houses: Organizing events to showcase your home.

~ Staging Advice: Offering guidance or arranging staging.

~ Targeted Advertising: Using online ads to reach a broader audience.

 

By implementing this well-rounded marketing strategy, we aim to sell your property at the best possible price within the shortest timeframe.