Steps involved in the selling process in Canada

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in today's video we're providing you with a guide to selling your home now first things first and this might be the most important tip is to find a realtor who can walk you through the process sure they take a percentage of the sale for their commission but in most cases the risk of selling by yourself will likely outweigh the benefits a professional will help you make better decisions negotiate and close the deal and save you a ton of time now if you do decide to go against a realtor pay extra attention to the rest of this video and make sure to check out the corresponding blog post as the following tips will help you maximize the sale price of your house and hopefully make the process much less stressful all right let's get into it start off by getting an idea of what the housing market looks like and then figure out the market value of your home is it a buyer's market or a seller's market now this primarily depends on the number of homes on the market and their rate of sale next you'll determine your home's value by doing a comparative market analysis which is figured out by considering things like the tax assessed value of your home the recent sale price of properties in your neighborhood as well as any features and upgrades that you've made your own after this you should determine when to sell spring and summer are the most active months which means that there will be more homes on the market to compete with your home will stand out much more in the fall or winter fall is likely the optimal time to sell as people want to buy their home and then spend the rest of the winter months nesting fall is also a gorgeous season that can help show off the natural beauty of your neighborhood if you do decide to sell during the winter try to sell as early as you can buyers want to see what their homes foundation and landscape look like without a layer of snow on it make sure to set the hookah vibes up with cozy pillows and blankets and a toasty fire if you can next you'll want to stage your home in preparation for photos home showings and open houses it should look like the set of your favorite hg tv show you can either hire a staging company to do this for you or check out our blog for a comprehensive checklist of necessary home staging tasks once you've got your house looking great it's time to set up your online real estate listing don't forget to include high quality professional photos outdoor photos from all seasons information about the neighborhood and any other details or features that might be selling points now that your marketing efforts have attracted interested buyers it's time to show your house which is typically done in two different ways the first is a home showing where potential buyers and their agents will take a private tour and the second is an open house where the house is open for a designated time and potential buyers can tour the home typically in the presence of your real estate agent after this it's time to kick back and deal with incoming offers not so fast though while this might sound great it can be a stressful period as offers may include contingencies which are conditions that must be met for the sale to go through and you'll also need to deal with multiple offers deciding which one is best for you as you can see throughout the entire process having a real estate professional by your side will be incredibly valuable as always for more information on selling your home and all things insurance check out our blog or connect with a big broker we're here to be your trusted insurance advisors