Tag Archives: sell

10 Shortcuts to Selling Your Home Without Losing Your Mind


Selling your house can be a headache.

You want the process to be as quick, easy and painless as possible. But your home is a significant asset so it’s crucial you find someone you can trust to maximise the sale and support you through the process.

So how exactly do you do that?

Well, there are ten key things that you need to get right. We’ve pulled them all together to make life easier for you.

1.     Engage the Best Agent

Engaging the best agent for you and your property is critical. The best agent is not the person who helped your friends or family sell their place because that was only one sale.

The best agent is an individual with a strong track record, good market knowledge, and stellar personal service. We recommend that you interview at least three agents.

Yes, this is just like hiring an employee. But the thing is, this person is working for you and selling your most valuable asset – your home.

So invest the time to make sure you have the right person for you and your property.

2.     Get a Pre-Inspection

We get pre-inspections on properties before offering them for sale. Here’s why.

The pre-inspection places your property above the competition, promotes confidence in potential buyers, and gives you stability. A pre-inspection also helps you avoid a lot of stress and inconvenience when you’re selling your home. (Click to Tweet)

You avoid offers vanishing after they’re accepted. You avoid sleepless nights wondering if the inspection will uncover something. You have the opportunity to fix anything that’s discovered early on.

You also have the upper hand when it comes to the bidding process.

3.     Stage it Right

Staging your house is an art in itself. It helps you present your property at its’ best, which increases the number of potential buyers.

But staging isn’t easy to get right so it’s a great idea to get help from the professionals. Residencity gives you professional advice on the best way to stage your home for beautiful photography and an effective sale.

4.     Provide a Floorplan

Research suggests that buyers are less likely to enquire about a property or arrange a viewing without a floor plan. The survey by Rightmove suggests that a floorplan may even be more important than the main image or summary description of your home.

Floor plans can demonstrate the flow of you home to potential buyers. They’re also a useful reminder to buyers after they’ve visited a property.

We believe floorplans are essential to marketing your property effectively, so be sure your agent includes them when publicising your home.

5.     Present it Professionally

You’re smart so you know that everyone is online these days. People look at any potential homes thoroughly before they view them in person so professional presentation is important.

Your property needs to stand out as being better and more inviting than the competition. This starts with professional photography.

Ask potential agents how they plan to photograph your home and eliminate anyone who doesn’t use a professional photographer. Professional photography brings out the best in your property and can elicit emotion, which sells homes more effectively.

 

 

6.     Provide a feature sheet

Just listing your home isn’t enough. It has to be marketed professionally, particularly if you want it to sell quickly, and for the maximum amount.

The more information you can provide potential buyers, the better. A feature sheet can answer questions before they arise and help you stand apart from other buyers. (Click to Tweet)

A high-quality feature sheet also allows you to showcase the benefits of your particular property, and make the most of your professional photography.

7.     Arrange an Open House

Open homes help sell your house – if they’re done right. You want your agent engaged and attentive, and working to sell your property.

Unfortunately, many agents see open homes as an opportunity to find buyers who don’t have agents. Not cool.

At Residencity, we only represent sellers – not buyers. We want to help you have the best experience possible when it comes to selling your home.

8.     Receive Reports

No matter who you engage to sell your house, be sure they have regular communication with you. In particular, you need to know the how many visitors have been on your property, and you should receive an open house report.

As the vendor, you’re entitled to know what is going on and also be informed of any neighborhood sales and listings.

9.     See all Offers

Be sure that your agent shows you all the offers they receive. This is a real problem in the real estate industry.

Some agents filter offers to ensure they receive a commission for both the purchase and the sale of the property. In fact, agents can filter offers for all sorts of reasons that you’re not aware of.

You need to be sure you can trust your agent to show you all the offers, and to work with you to negotiate the best deal.

10.           Close the deal

A good agent will help you close the deal. Between the initial sales agreement and settlement (or closing) there can be questions. The agent can help you by answering questions, helping to resolve issues and move the transaction to close.

 

 

 

At Residencity we believe in offering you the best. We include pre-inspections, professional photography, floor plans and feature sheets as standard with all our property listings.

If you’re interested in listing your home for sale, give us a call at 604.288.9166 to see how we can help.

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What not to do when selling an investment or tenanted property


You’ve decided to sell your investment property and you’re unsure of whether you should tell the tenants as you are afraid that they might not want to stay, causing you to lose your rent.

Most real estate agents will let you as the owner decide whether to tell your tenant regarding the sale of the property and often, people will choose to not tell their tenants.

At Residencity we suggest:

  1. Have open communication with your current tenant(s)
    • Let them know that the property is for sale. Let them know that there will be people coming in to look at the property and that you will be tidying up your area and putting things away and that it would be great if they could do the same.
    • Provide 24 hour written notice if someone is coming. Open houses are a rite of passage and this goes hand in hand with letting them know that people will be coming.
  2. Let them know their rights. Perhaps the new owner may want to use the property, or do a major renovation meaning that the current tenant has to move out.
    • 1+2 factor. 1 month rent + 2 months notice. In BC, the landlord is required to give you 2 months written notice and compensate you with 1 month rent. Tenants can leave sooner within that 2 month time frame by giving the landlord 10 days notice in writing and compensation will be a prorated amount calculated on a daily basis.
  3. If they want to leave, let them. If anything, this might even be better. You get to clean the place and stage it to your liking. This also eliminates the possibility of having to deal with uncooperative tenants.
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How do real estate agents get away with crappy photos?


Have you ever found it unusual that in the age of digital imagery, many properties are still presented online with a meagre handful of photos, if any at all? Our lives are entwined with photos and imagery; smartphones are everywhere, and social media like Facebook, Instagram, and Snapchat have become ubiquitous, multi-billion-dollar companies. Yet somehow, the real estate industry tends to lag in grasping the full importance of quality photography for listing a property.

So how is it exactly, that a real estate agent might get by without so much as a single photograph for something as big as the sale of your home?

  1. Agents are freelancers and can choose to do as little or as much as they see fit when listing a property. It is critically important to find an agent that believes in the importance of listing photography.
  2. Brokerages have zero control over agents’ marketing efforts when listing a property, or on behalf of a seller. They do offer incentives to promote an agent to get more photos but cannot force a set standard.
  3. The only entity that can mandates a requirement is the local real estate board, and their base requirement is: a minimum of 1 photo of the property

At Team Residencity, we believe that professional photos are key to marketing your property and we have listed photography standard practice. Our marketing team will evaluate your property, and choose the number of images that is right for your listing. 15 images is the bare minimum but some properties may warrant as many as 40 images. Additionally, we utilize cutting-edge Matterport 3D scanning technology to further enhance the buyer’s experience online. Call Residencity at 604.288.9166 or email to list your home with us.

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