Selling Your Home

Everyone has their own reason for selling their home, but we all have one goal: that's to gain as much profit possible quickly and hassle-free. If the home your looking to sell is your primary residence, you will not have to pay capital gains tax on the profits from the sale. However, if it's an investment property, get ready for the tax man.

So how do you approach it? Simple. Do some research and get a good idea about the area and home you're looking for. Create an honest evaluation of the family's needs and budget.

Should I Buy or Sell First?

This is can be a difficult situation, if you let it be. For example, if you get a buyer for your existing home, but you haven't found a new place yet, than you'll be living out of your suitcase if the closing dates are non-negotiable. However, if you are able to find the one before you've unloaded your old home, you may have to carry two mortgages for a period of time.

You really need to evaluate why it is you're moving, before beginning the selling process. Do you have too much space or not enough? Has there been a change in your employment, relocation perhaps? Can't stand the neighbours or neighbourhood? Or is it time for a change? A complete understanding and analysis of your current situation will set a good foundation for when you go looking for your next home.

Contact Team Boyne as soon as your existing home is on the market and we can start your new home search.

If you end up finding a home, before you have sold your current one, you can still offer condition to "Sale of Home". If you are unable to sell your home within a certain period of time, you can decide to not go through with the offer. However, this can be a difficult condition for many sellers to agree upon therefore may lose your price negotiating power.

Buying a home before selling can be risky if you're banking on the proceeds from the sale.

If a buyer does come along to purchase your home before you've found a new home, you can use a "Purchase of a New Home" condition when you negotiate the agreement. It will only be for a fixed period time though. Even if you don't find thee perfect house by the time the deal closes, you can still continue on with the offer. Always a buyer with a house thats sold, you will have more bargaining power when negotiating the price.

Make It Sellable

As our home is our domain, our personal preference may not be for everyone. Team Boyne will go through with you and do an impartial analysis of your home. We'll discuss and give pointers on how it relates to other "competing" homes on the market, how your home reflects on thee current design and style trends. Also, will take a look at the over-all condition and how well it's been maintained.

Team Boyne will work with you to position your home on the market so that your sales experience will be expeditiously as possible.

Advertise Your Home on MLS

Is an excellent tool that is only available to real estate sales representatives. It's an enormous database of all the homes for sale in the entire Northern Alberta Region through sales representatives. Information about your home will be accessible to other sales representatives search for homes in your area.

Arrange Showings

Although you'll give your home a quick mop and dust before a showing, be sure to have your sales representative create a home feature sheet. It's a simply one page synopsis that points out the age, square feet, lot size, features and upgrades may also contain utility costs and taxes. Prospective buyers will look it over as they view your home. They'll with them, reference back to it and will do a comparison to other properties.

The Open House: This tends to not be a pleasant experience. The upside is you don't have to be there to act as a guide. Your sales representative will be welcoming potential buyers to have a look around while asking them pre-qualifying questions. We want to know if this house is the one for them, are they pre-approved and when would they like to move. From there they can grab their contact information and follow-up afterwards to see if there is any further interest.

The Viewing: When a sales representatives has a potential buyer who would like to view your home, they will contact one of us make an appointment. This allows you time to do any last minute cleaning if need be. If the time happens to be too inconvenient we can always reschedule.