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Steps to Selling for Top Dollar

To ensure you understand the home selling process, this important guide has been created based on insider reports. By reading 10 tips, you will learn how to protect and capitalize on your investment, reduce the stress typically associated with the process, be in control of the process, and also make as much on the sale of your home as possible.


01. Deciding To Sell

In real estate, timing can influence your home’s selling price. Factors like how quickly you need to sell, whether it’s a buyers or sellers market and seasonality all play a role in your home’s final selling price.

02. Finding the REALTOR® for you

The REALTOR® who helped you buy your home is a good place to start. They already know your home and they know you, so you’ll be saving time right from the start. Or look for names on “For Sale” signs in your neighbourhood or ask your friends and family. Make sure to interview two or three candidates and choose the one you like best.

03. Sign a Listing Agreement

This authorizes your REALTOR® and their brokerage to market and sell your home. It will define the legal relationship between you and the real estate brokerage and also set a time limit for your REALTOR® to sell your home.

04. Determine your home’s asking price

The right asking price will attract buyers and pay you a maximum return. Setting too low a price means you could miss out on thousands of dollars. Setting too high a price will scare away buyers. Your goal is to find fair market value.

05. Add some specialists to your team

Similar to when you bought your home, it’s essential to have a notary public or a lawyer handle all the various documents that change hands and make sure your best interests are being protected at all times.

06. Preparing Your Home for Sale

First impressions matter. Now is the time to see your home through a buyer’s eyes: get ride of the clutter, clean and repair as much as you can, within reason. Remember, weigh the cost of all your improvements versus the potential financial return.

07. Let your REALTOR® do what they do best

Your home has never looked so good and now it’s time for your REALTOR® to market it to potential buyers. This happens with a “For Sale” sign, open houses, newspaper ads, a listing on the MLS®, the internet, and, of course, through your REALTORS®’ relationship with other REALTORS®.

08. Prepare your finances

Will the buyer “assume” your mortgage or are you “discharging” it? If you’re buying a new home, is your mortgage “portable”? What taxes are involved? These are important questions to ask your REALTOR®, your mortgage lender and your notary public or lawyer.

09. Receive an offer

Although your REALTOR® will walk you through the process, be prepared for some stress. You will see every offer since it’s required that your REALTOR® show you every offer that’s submitted. You will have three options: you can accept, you can reject or you can “sign back” or “counter”. Ask your REALTOR® what these terms mean. Happy negotiating!

10. Close the deal

You were successful and have drafted a legally binding agreement. Are you done? Not quite yet. Contact your lawyer or notary public, contact your lending institution and consult your REALTOR®. Immediately start satisfying any conditions of the agreement that require action on your part. On closing day, your lawyer or notary public will finalize all the details and give you a cheque for the net proceeds.

Resources

We like to provide you more

We offer a range of real estate services on our website, and we work hard to help you find the best property to fit your needs. However, we also believe that others offer great information in our market as well.


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Client Testimonials

John & Audrey Verhaar

Thank you for your excellent service and the companies extraordinary help in the sale of our existing home and the purchase of our new home. Over the years we have moved many times but have never encountered a real estate agent who knows what it means to service the client. Without your agency's help this sale never would have happened.

Joe & Catherine

Than you Main Street for the honesty and support we needed. Patricia from Regroup is awesome and the help we received getting through this stressful period of selling is very much appreciated.

Mary Lou & Darren

Thank you for helping us find the perfect home and selling our current home. We appreciated your professionalism, patience and expert advise. Thanks again.

Rick & Chris Goertz

We are very happy that the house has sold. Thank your for all your time and effort to sell our house. Your up to date letters and calls kept us well informed and much appreciated.

Howard & Grace Rose

We are convinced no one could have been a better agent. Your patience, confidence and knowledge was what we needed. We can never thank you enough.

The Real Cost of Selling

Spending To Sell?

It’s best to have a realistic sense of what you'll have to -- or want to -- spend to prep for a sale.


These can run anywhere between 3% and 7% depending on where you live and what you negotiate with your agent. A 4% real estate commission on a house that sells for $350,000 will set you back $14,000. In a hot market, you may be able to avoid this fee by selling your own home. But it’s wise to still consult an appraiser to help determine your home’s worth (starting at around $300) and a real estate lawyer to draw up the paperwork.
The real estate industry estimates staging a home can add between four and 15 per cent to the asking price.
Budget for at least $500, sometimes more depending on how complex your deal is.

If you are buying a new home, land transfer tax can easily be your biggest expense. The tax is based on a percentage of the purchase price of the home and it varies from province to province (ranging from .5% to 2% of the total property value).
Depending on where you’re moving and how much stuff you have to shift, you’ll likely need to factor in at least a couple of hundred dollars for moving expenses — unless, of course, you have your own truck and willing friends who will work for pizza and beer.

Becoming a new home member

You're in the best company

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Why buy a new home?

It is yours! It will always be yours!

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See the many advantages of buying a new home


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Why buy a new home?

It is yours! It will always be yours!

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10% is all you need

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Process 1

If you're a new home owner:

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Morbi tristique senectus et netus et malesuada fames ac turpis egestas. Vestibulum tortor quam, feugiat vitae, ultricies eget, tempor sit amet, ante. Donec eu libero sit amet quam egestas semper. Habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Vestibulum tortor quam, feugiat vitae.



Process 2

If you got another complaint:

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Your satisfaction in focus

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Hightlight your text the fancy way

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Process 3

We hope you will be satisfied

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