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6 Common Mistakes Home Sellers Make

Learn how to avoid these mistakes and sell your home faster with our expert tips and tricks.


1. Choosing the wrong real estate agent

Hiring a real estate agent might seem like an unnecessary expense. But it's
not!


Choose a real estate agent who is not just someone who knows their job, but also someone you can trust to represent your best interests and look out for you the whole way.


We know how to get the most money for your property. We know how to market your home so that it attracts potential buyers who are actually interested in buying it.


We have access to tools and resources that help them make sure everything runs smoothly when selling your home.


2. They don't properly fix up the home

There are a lot of variables that might make or break the sale of your house. The state of your home's interior and exterior is frequently one of those variables. Maintaining and making repairs to your home's interior and exterior is crucial if you're considering selling it.


If you intend to undertake some of the work yourself, make sure to hire a qualified handyman or contractor to assist with any significant projects. You don't want to do anything that might end up hurting someone or damaging your property!


Verify that all appliances and electrical outlets are in good working order. If they need some TLC (or replacement). Consider investing in the new appliances prior to placing your home on the market.


3. Bad staging


Staging can significantly affect the pace and price of your sale. It doesn't have to be expensive or time-consuming.Staging your home is the process of making it look more attractive to potential buyers by ensuring that it has the right feel, flow, and aesthetic. Your goal is to make sure your home looks like a place people want to live in—not just any house that happens to be on the market


If your budget allows, you might think about hiring a professional stager who can help make your house more appealing to potential buyers by employing straightforward design techniques like positioning furniture to make the space appear larger than it is or placing fresh flowers from their garden in vases around the house.


Staging makes potential buyers feel comfortable envisioning themselves residing in your property.


4. Unrealistic timeline

There are numerous variables that can influence how long it takes to close a real estate deal. It's essential to plan ahead and ensure you have enough time between when you start and when you're ready to offer your property for sale and when it needs to sell.


Consider the time it will take to have work done on it before you put it on the market. If you aren’t mindful of these things, you can end up rushing through tasks at the last minute and overlooking crucial information.


5. Not accurately knowing the value of your home

If you're like most sellers, you undoubtedly want to sell your house for the maximum money possible. But how do you determine its value?


Several elements determine whether your home is priced appropriately, including: Location; the state of the exterior and interior; the age of the house; the size of the internal space; and any quality upgrades offered.


If you overprice your house, it will sit on the market with no interest for months. If you undervalue it, you'll send the wrong message to buyers in various ways.


And the last common mistake Home Sellers make


6.Trying to go at it alone - FSBO


Selling a house is a difficult, multi-step process that needs professional advice. Real estate transactions can be stressful and you want to receive the best price while selling it, as soon as possible.


It's crucial that you work with a representative that is familiar with the procedure and is capable of negotiating on your behalf.


We will take care of all the particulars of marketing and listing your house, making sure it appears good online, and liaising with prospective purchasers. We will assist you in locating a buyer, dealing with their offer, and finalising the transaction. We will do all of this while keeping your best interests in mind. 92% of people who try to sell it on their own, end up going with an agent anyway!


Even if you choose to sell independently, be aware that we'll be there for you
if/when things get difficult or even plain complicated.


Just know everything you require is available from us, including buyer leads.
Contact me today!

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What is a Mortgage?

If you're looking to buy a home, you may have heard the term mortgage.


Mortgage is a loan that allows you to purchase property and pay it off over time. It requires you to pay back the loan with interest over time, with your monthly payments going towards paying off the principal and interest.


When should you get a mortgage?


There are many factors to consider when deciding whether to take on debt. The biggest factor is whether or not you can afford the monthly payments. You should also consider whether or not you have any other debts that need to be paid off first, such as credit card debt or student loans. If so, it might be better for you to focus on paying down those debts before taking on the responsibility of a mortgage.


If everything looks good and you think your finances will allow for the extra payment each month, then it's time to start looking into different loan options. There are many different types of mortgages available, including fixed rate and adjustable rate mortgages. Fixed rate mortgages are great because they stay the same throughout the duration of your loan term and don't change based on current interest rates. Adjustable rate mortgages usually start at lower rates than fixed rate options but will increase and decrease over time as interest rates rise in response to economic conditions around the world however this can vary depending on how long your mortgage has been issued for.


A bank or other lender will issue you a mortgage loan based on your income, credit score,
and other factors.


They'll want to see that you have enough income to make your monthly payments, and they will look at your credit history to get an idea of how well you've managed other loans in the past. You'll also need enough money for down payment (at least 5% of the total purchase price), on top of any fees associated with the loan.


Once approved for the loan amount and terms, your lender will give you the money to purchase your new home!


So how do you get started? How do you know if you're ready to buy?


We're here to help!

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I have sold a property at 8227 5 STREET SW in Calgary

I have sold a property at 8227 5 STREET SW in Calgary. See details here

Newly renovated 1191 sq. ft. 4 bedroom bungalow on a mature treed and manicured 60' corner lot. The home's exterior has both double + single insulated dry walled garages. Custom made front cedar landing, two tiered rear deck with built in flower planters. The main floor interior has recently been beautifully updated with new oak floors throughout. The open living, dining and kitchen is attached by a wonderful bar sitting area, quartz counter tops and all new stainless appliances. The main floor 4 pc. bath has been completed with a new stand-alone soaker tub and large walk in glass shower. The lower kitchenette has a separate entrance and boasts new windows, a large, bright bedroom which continues into the 4 piece bathroom that featues hardwood-looking tiled flooring. The totally renovated family basement offers plenty of bright windows, pot lighting, new laminate floors and designer colors. The bonus is the kitchenette to complete the basement. This gorgeous and well maintained home is in a sought after inner city community and ready for a new family or investor. Conveniently located to schools, shopping and on a quiet street.

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