How to get the maximum price when selling a home in Quebec
This article will be useful for owners of apartments or houses. It is for those who want to improve their living conditions. If you plan to sell property and buy a larger and higher quality home, this material is for you.
In this publication I will talk about preparing for the transaction. This process can take from a few days to a few months. You will learn how to get the maximum value and move on time without unnecessary stress.
The main secret of a successful sale
In each individual case we develop an individual pre sale plan. Our main task is to get the maximum price. Here everything depends on your timeline. We may need an urgent sale in a couple of months or we may have a time cushion of 4 to 8 months.
There are many strategies on the market. You can lower the price to create an auction among buyers. You can also sell an object for years if no one is ready to pay the asking amount. You need to remain a realist. It is necessary to clearly understand your goals. Are you ready to sell the object at market price now or do you want to wait a whole year for a 3 to 5 percent increase?
For a simple understanding it is important to know the market features. The market price always fluctuates within 5 percent. A typical apartment was sold a couple of months ago for $400,000. The cost of exactly the same condo in this building will vary from $380,000 to $420,000. Our goal is to make sure that you sell property in Quebec at the upper limit and get the maximum benefit.
Proper preparation of the object
There is a standard minimum set of actions. It is necessary to touch up the walls. You should also remove extra things. This helps make the home visually more spacious. But often such actions are not enough.
Sometimes it makes sense to do a small renovation. You can do this if your finances allow. It is important to know exactly which works increase the price. You should not waste money on useless repairs. The help of a professional realtor in Montreal will help you make the right choice.
We plan the move dates after completing the pre sale work. Some clients want to close the deal by December. They want to celebrate the holidays in a new home. Families with children usually plan a move before September. Too short deadlines can lower the final price. You need to weigh all priorities.
Transaction coordination and stress free moving
In the process of work we constantly track market trends. This allows us to adjust to new realities in time. The most difficult task is to coordinate all actions. We need to profitably sell the old home and leave enough time to buy a new one.
There are many options for solving this problem. I cooperate with proven mortgage brokers. They offer excellent financial tools. This eliminates the risks of a temporary move to a rented apartment after the sale of your object. With the purchase of a first home everything is much simpler because the move can be organized smoothly.
If you are planning a sale, purchase, and move, contact me. I will be glad to help you go through this path calmly and profitably.
Denis Kornienko. Your real estate expert in Montreal. For more than 15 years helping young families build a secure future in Canada.