How to sell a home fast in Vancouver, BC
Selling a home in Vancouver can seem like quite the daunting task. But have no fear! Denise Mai – Realtor is here to break it down for you. We’ve put together a comprehensive guide of how to sell your house fast and for a great price!
Choosing a Vancouver Realtor
There are plenty of options when it comes to selecting a real estate agent to represent you. So you’ll want to look for a few specific things when choosing a Vancouver realtor. Experience, their marketing strategy and peer referrals or reviews should all be taken into account. Please check out our Google My Business page for what our past clients have said about our services in selling their Vancouver homes.
Does the real estate agent have a good plan to sell your home fast? Ideally you’ll want to get the home in front of as many people as possible. A good realtor will be able to answer all of your questions at every stage of the process and will be excellent with communication.
It’s a good idea to start with this step as a good realtor can make the entire process much easier.
Evaluate the Market to Determine a Listing Price
It doesn’t matter if you are selling waterfront property, a Westside condo or a single family home in Burnaby, you’ll need the best and most update-to-date MLS data available. A good realtor should be able to provide you with this. You’ want to know about current events, any recent changes in the Vancouver real estate market, how many of your type of property are for sale right now, how many properties are for sale in your specific area right now and much more relevant information just like that. Denise Mai and here team can take you through a comprehensive evaluation that includes analyzing all of this data while also addressing personal factors such as what time of year it is, how much time you have etc.
Getting Your Home Ready/Staging
The next step to selling your Vancouver home fast would be to get your home ready for potential buyers. This may include any of the following things:
- Cleaning the home
- Removing personal items like family portaits etc. Buyers like to imagine themselves in the home.
- Repairing broken items
- Touching up the home. A fresh coat of paint in certain areas goes a long way!
- Staging the home with furniture. This may not be necessary for some people but if you have already moved everything out it may be something you want to consider.
If you’re considering renovating your home before you sell, talk to a qualified realtor like Denise Mai first. Most of the time you will not recoup the entire cost of the renovation but it really depends on what it is.
Creating a Marketing Strategy
The next step is one of the most important of all and one that would be addressed by a good realtor in order to sell the house fast. A good realtor will acquire professional photography and videography for the home, obtain floorplans, roll out online ads and other marketing and even consider doing things like mail-outs or handouts depending on the specific market situation for your home.
A realtor will help you determine if you should do things like hold open houses and when or if you should list your home on websites like Zillow or Trulia. A good realtor will also help you determine if you should entertain offers at any time or if you should set a date.
All of these things need to be considering when you’re trying to sell a Vancouver house fast.
Offer Negotiations
Handling offers will differ quite drastically depending on market conditions. If the real estate market is a seller’s market in Vancouver, you may end up with multiple offers fairly quickly. However, if it’s more of a buyer’s market, you may only receive one offer at a time here and there. How these types of situations will be handled is very different. If you have multiple offers you’ll obviously want to compare them on price as well as other factors. Doing so requires the utmost professionalism and this is where having a good realtor really can make a difference. Anyone that has attempted to sell their home themselves and run into this situation has probably learned how stressful such a situation can be even though it is a good one for you.
On the other hand, you’re only dealing with one offer; a lot more negotiating will likely be done. In this case too it really behooves you to have an experienced realtor. True negotiation is an art form.
Closing
Once the binding contract is obtained, a lawyer will prepare the necessary documents to transfer ownership to the buyer. This is where everything like property transfer tax and adjustments will be detailed. It’s important to have a good lawyer in your corner for this step. Professional realtors like Denise Mai and her team know exactly who to use or refer you to.
Although there seems to be a lot here in this guide, it’s actually a fairly gross overview of the entire process. As you can see, there is quite a lot that goes into selling a home fast. If you need help, please reach out to use. We’d be happy to discuss any specifics with you. We are professionals at selling homes fast. Call us today!