Very recently, I heard a story about an acquaintance that sold her place. To her much surprise, after selling the house she found out that the price she sold it for, was a bit lower than the market price. She got very upset and called me to check if there is anything that she could do to get the right price.
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Ask for the right market Value when you sell
1. Ask for the right market Value when you sell
Very recently, I heard a story about an acquaintance that sold her place. To her much
surprise, after selling the house she found out that the price she sold it for, was a bit
lower than the market price. She got very upset and called me to check if there is
anything that she could do to get the right price. Unfortunately, I just couldn’t help her
since the damage was already done. The kind of case that just happened to her
happens to many people across the city and is one great worrying factor for people
who try do it all by themselves.
In order to save the pain & regret, one must understand the gravity of loss that you
could suffer. One of the most important things in the process of selling your house is to
estimate the value of your property. It is necessary that you understand the market
scenario and various other factors that determine the value of your property. Let us
take a look at few points that can help to do the right thing and save your investments.
Engage with a Realtor®
2. Consult with a Vancouver real estate agent to find out the approximate value of your
house by understanding the following:
1. How the deal sounds to your potential buyers?
2. Marketing your property
3. Determine the market evaluation
4. Understand the market trends
1. How the deal sounds to your potential buyers?
To get the right look at the deal, it is important that you see it from the buyer’s
perspective. The thoughts will come clearer as it will get you closer to the obstacles and
shortcomings of the deal. Understanding the potential buyer’s sentiments and feelings
will help you to pitch the right thing at the right time. How old is the property? Are
there any flaws? Will it require any repairs? How much will it cost? Are there any
additional costs that I would have to bear? Is it the right value? How is the market in
the neighborhood?
2. Market your property
The major challenge that everyone faces is to market the property. Basically, people
who are not into real estate have limited knowledge of it and risk of getting mislead.
So, What are the options? Well! the options are clear- to have a trusted Realtor® who
can guide and help you out find the right strategy and platforms.
3. Determine the market evaluation
Setting the right value could be very hard for you! Just as we talked before, check with
agents and see what they have to say. As a seller, you might also be required to deeply
think about the mortgage part, but that can be easily solved with the help of a
mortgage calculator. Vancouver is a very expensive city and to buy a house in all cash is
for sure a delightful watch. As a good seller, it would great of you to help the buyer in
seeking financial aid and if you feel the need anytime, you can always turn up to your
Realtor® to see how you can help.
4. Understand the market trends
3. A good Realtor® will be knowledgeable and up to date with the market statistic. Ask for
an market analysis. You may also try the traditional method of driving around the town
and visit all the properties that your Realtor® has to show you. You can do a real quick
check as to where you stand in the market. Let me tell you, it’s a real eye-opener!
After consulting them, you can put forth the value demand the same. Remember, real
estate agents can also help you to break the deal immediately, as they are skilled in
negotiating deals and have a very practical approach.
Overall, be prepared before you get yourself into any commitments and yes! Make
sure that your house has the good looks or at least it looks like as if you’re maintaining.
Change the interior or exterior if needed. Remember, a little investment at the last
stage can reap you good results. Keep your house well maintained, and trust a Realtor®
to list your property.
Naz Allahyari is a Vancouver real estate agent specializes in real estate in Downtown
Vancouver, North & West Vancouver, Vancouver Westside & other regions. Find more
information to http://www.nazproperties.com/