Re/Max Realty Specialists Inc.,
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*Sales Representative

Blog by Krisztina Neglia

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The 10 Steps To Selling A Home In Oakville

Every home seller wants his or her home to sell fast and sell at a good price. Selling a home is not a simple process; there is much more than sticking up a ‘for sale’ sign. If you want your house to sell fast, you may consider hiring a realtor. He or she has the experience to help you sell your home fast. If you’re planning on selling your home in Oakville, here are 10 steps that you could follow:

Decide On the Time

In the real estate market, timing could influence your home’s selling price. During winter, home sales are slower while in spring, homes sell faster. However, this should not prevent you from putting up your home for sale; there are people looking to buy.

Select A Realtor

Find a realtor who is familiar with Oakville’s real estate market. You can contact some of the realtor’s past clients and find out if they were satisfied with the services.

Determine the Asking Price

Make sure that your price is not too high or too low; a fair price will attract more buyers. Your realtor should assist you to come up with the right price for your home.

Hire a Lawyer

Find a lawyer with some real estate experience, you can also ask your realtor to find you a lawyer. Your lawyer will review all the documents that will be legally binding

Goal Setting and Needs Evaluation

You need to know why you’re selling your home and what you plan to accomplish. Your realtor can help you determine your goals and come up with a time frame for the selling process

Property Preparation

How your house looks from the outside and the inside will have a great impact on how fast it sells. Your realtor should advise you on the upgrades your house needs because he or she knows what most buyers are looking for. Note that some upgrades could fetch you more money and make your home sell quickly

Advertise the Property

Once you have finished the upgrades, you can use various methods to advertise your home. Your realtor could post pictures of your home on MLS where it can be viewed by many people. Other methods include newspaper ads, flyers, open houses and agents open.

Receiving an Offer

An offer will be presented once the buyer has decided to buy your home; the offer is in the form of contract of Purchase and Sale. Your realtors will handle all the offers made on your home and help you settle for the best offer. Once you’ve signed the offer, it will be legally binding.

Negotiating the Sale

Most offers made on your home will require negotiations so as to reach an agreement. An experienced realtor should handle the negotiation process on your behalf and help you benefit at the same time.

Finalizing the Sale

Once you have accepted the offer, you need to close the sale. Closing a deal involves many time-consuming legal processes. Your lawyer could help you with closing the deal.