Selling a property is a huge financial decision–one that requires assessing, preparation, and strategic marketing to get you the best possible price. It can also seem overwhelming when you don’t know where to start, so I’ve gathered the most common questions that my sellers have asked over the years to help you begin.
Here are some of the most common questions that sellers ask me:
Q: How much is my home worth?
Your home’s value is determined by its age, size, condition, location, and any recent improvements. We’ll find the accurate value of your home by assessing these factors and looking at a comparative market analysis to see what other similar homes have sold for.
Q: When is the best time to sell my home?
In Toronto’s competitive real estate market, there’s a time to sell and a time to buy. Home sales happen all year long, but the market really heats up in the spring and fall.
Q: Should I stage my home?
Most homes can benefit from staging. If your property doesn’t appear as modern or inviting as possible, then enlisting the help of a professional is the next best step to take.
Q: How can I prepare my home to receive the highest return on my investment?
Home improvements and renovations can significantly raise your home’s value and give you the sale price you’re looking for. There are the larger projects like a kitchen or bathroom renovation, but replacing the flooring and upgrading appliances and fixtures can add some extra value as well.
Q: Should I sell before or after I buy my next home?
This one all depends on your timeframe and finances. If you sell first, then you’re taking a risk and banking on the fact that you’ll find a new home before the new owner’s move-in date. If you sell after, then you will have to carry two mortgages at once, but you’ll have the assurance that you have a new home lined up. I’ll help you determine what steps to take depending on your specific circumstance.