Tips to make sure your transaction goes smoothly
Moving into the Comox Valley or thinking of moving out? Getting a bigger home for your growing family or contemplating downsizing? No matter where you’re going or what your reason for moving, it’s a big decision and a big deal!
So many things to think about and steps along the way – at times it can seem overwhelming. But with the right Realtors® on your side and a little preparation (well, let’s be honest, it’s more than a little), selling your home can be less of a big deal.
Following are some of the major items that should be on any home seller’s checklist.
Before you list
First and foremost, find a Realtor® you trust. If you don’t have someone in mind, talk to friends and neighbours to make sure you get a professional with local experience and the attention to detail that you deserve.
Next, get a home evaluation. Our clients always get a free home evaluation and Comparative Market Analysis when they sign on with us to find out what their home is worth. We’ll also make suggestions of small repairs or home improvements that will help sell the house more quickly.
Clean, de-clutter, de-personalize and clean some more. Try to look through the eyes of a potential buyer. Do they really want to see broken window screens, the downstairs closet full of winter clothes or paint flaking off the bathroom door? You get the picture. Get rid of clutter, take down most of the family photos and de-personalize. Don’t have the time to give a thorough top to bottom clean? Hire some professional cleaners. It will be worth it.
While your home is on the market
Stay vigilant and keep things ship-shape. Offer the kids candy incentives or whatever else it takes. Keep the lawn mowed and bushes trimmed. Have your home ready to be shown at a moment’s notice. And speaking of being shown . . .
Be available and accessible. Homes that get shown, get sold. So, make it easy for your agent to get people through the door. Restrictive timeframes and having to making appointments way in advance are not helpful.
When an offer comes in
Count on your Realtor® to walk you through the offer process. As a licensee, your Realtor® is obligated to present all written offers to you, regardless of whether the asking price is met or not. Your Realtor® will explain the process of receiving and reviewing offers. Once you’ve received an offer you have the option to: accept the offer as it stands, make a counter offer, reject the offer, or ignore the offer.
It is important to take the time to review any offer carefully with your Realtor®. Typically, there are “subject” clauses that require certain conditions to be fulfilled before a sale can proceed. You will be relying on your Realtor® to help you understand and navigate these clauses, so it is vital that you’re working with experienced people you trust.
Completing the sale and getting ready to move
Have a lawyer or notary work on your behalf. Normal practice has the buyer’s legal reps preparing the necessary documents for transferring ownership, but you will also need legal counsel to act solely on your behalf. It’s just another measure that protects your interests. Among other things, they can check the documents prepared by the buyer’s lawyer, ensure your old mortgage has been properly discharged and no further obligations remain, arrange for signing transfer documents and outline where purchase money was disbursed.
Get started right away. From packing up to notifying friends and utility companies, the most important thing is not to leave stuff to the last minute. A little research on the internet about packing and moving tips will get you headed in the right direction.
As you can see there are plenty of things to consider when it’s time to sell your home, so make sure you have the right Realtors® at your side.
Buying or selling in the Comox Valley, on Vancouver Island or beyond? Please feel free to contact my associate Andrea Davis or me for help along the way. Looking for a free home evaluation? Click here.