Mortgage News
How to prepare your home for a quick, profitable, summer sale
After a brutal winter, the heat has finally arrived and with it, expectations of a hotter real estate market. The flurry of housing activity normally reserved for early spring is extending into the summer, industry experts say.
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In a red-hot real estate market, marketing your home correctly is essential. This summer, the average home isn't staying on the market for long. So, how do you ensure your home sale is quick and profitable?
This Financial Post article offers three case studies at various times, in different markets and with different profit outcomes. Each buyer learned something valuable about effective marketing.
If you are considering putting your home on the market this summer, here are some things to consider:
- What are comparable properties in your neighbourhood selling for?
- De-clutter, and perhaps consider staging your home. Many buyers admit they would have paid more if more work had been done to the property. Many don't need drastic updates, sometimes a coat of paint goes a long way.
- Interview more than one real estate agent. Different agents specialize in different areas, and one may be more suited to your neighbourhood. Do your research before settling on one.