If you’re trying to decide if now’s the time to sell your house, here’s what you should know. The limited number of homes available right now in the greater St. Johns area  gives you a big advantage.  There are  more buyers out there than there are homes available for sale at present.  And, with so few homes on the market, buyers have fewer options, with this said  you set yourself up to get the best price for your house in todays market. 

Here’s are some facts the  industry experts are saying about why selling your home or investment properties now has its benefits:

1.  “Inventory levels are still at historic lows. Consequently, multiple offers are happening on a good number of properties.”

    2.  “We have not seen the traditional uptick in new listings from existing homeowners, so undersupply of housing will continue to                    heighten market competition and put pressure on prices in most regions.

3.  Well-priced, move-in ready homes with curb appeal in desirable areas are still receiving multiple offers and selling for over the asking price.

4.  sellers who price  their home competitively shouldn’t have a problem finding a buyer.”

If you’re thinking about selling your home, connect with a real estate  advisor who can share the expert insights you need to make the best possible move today.

CONTACT US TODAY

If you’re thinking of selling your home, it’s important to work with someone who understands the Newfoundland Real Estate market, how the market is changing and what does it means for you.

Here are five reasons to work with an agent to ensure you’ll get the most for your home.  

1. Agents understand Market Trends 

With today’s housing market defined by change, it’s critical to work with someone who knows the latest trends and how it impacts your house sale.  An expert real estate agent knows about national trends and your local area. More importantly, they’ll give insight into what all of this means for you, so they’ll be able to help you with your decision making. 

2. As Local Royal Lepage Real Estate Agents we  Know How to Set the Right Price for Your Home 

If you sell your house on your own, you may be more likely to price your house too high, which can deter buyers or cause your house to sit on the market for longer. Pricing too low could send up red flags that there is something wrong with your property. 

Real estate agents look at a variety of factors, like the condition of your home and any upgrades you’ve made, with an unbiased eye. They compare your house to recently sold homes in your area to find the best price for today’s market, so your house sells quickly. 

3. A Real Estate Agent Helps Maximize Your Pool of Buyers 

 Real estate agents  have a wide range of tools at their disposal, such as social media, marketing resources, and the  MLS Newfoundland  (Multiple Listing Services), to ensure your house gets in front of people looking to buy.  

“You don’t have relationships with clients, other agents, or a real estate agency to bring the largest pool of potential buyers to your home.” 

4. A Real Estate Expert Will Read – and Understand – the Fine Print 

Today, more disclosures and regulations are mandatory when selling a house. “There’s a lot of jargon involved in a real estate transaction; you want to work with a professional who can speak the language and write the offer and negotiate with your best interests in mind. 

5. A Local Agent Is a Skilled Negotiator 

In today’s market, buyers are regaining some negotiation power. If you sell without an expert, you’ll be responsible for any back-and-forth. That means you’ll have to coordinate with: 

• The buyer, who wants the best deal possible 

• The buyer’s agent, who will use their expertise to advocate for the buyer 

• The home inspector which works for the buyer and will almost always find concerns with the house.  

• The appraiser, who assesses the property’s value to protect the lender 

Instead of going toe-to-toe with these parties alone, lean on an expert (your agent). They’ll know what the home inspection jargon is and how to address everyone’s concerns, and when you may want to get a second opinion. 

Let’s connect, our experienced team will work with you to help explore your opportunities, provide you with a streamlined process from start to finish. 

Contact us today!

When it comes to selling your home, making a positive first impression on a potential buyer is a crucial part of the process. 

Many sellers opt to stage their home – either through professional services or their own efforts – to make their space look more appealing to buyers, both in-person and online. Staging is a popular real estate marketing strategy that is effective at attracting purchaser interest, gathering offers at higher prices and selling homes quicker. 

If you’re preparing to list your property on the market soon, here are the dos and don’ts of staging your home for sale. 

DO – Depersonalize your space 

Buyers want to visualize themselves living in their potential new home, a fantasy that can be hard to if the space is decked out with the seller’s belongings. 

To help buyers to fall in love with your property, it’s important to depersonalize. This means removing family photos, collectables, diplomas and other personal items.  Busy accent walls, bold wallpaper and quirky fixtures speak to the specific tastes of the owner. Softening your home with neutral colours and fabrics can help make a potential buyer feel more at home. 

However, it’s important not to strip your space completely of personality. When staging, stick with basic accent pieces, such as a vase of flowers or simple throw pillows, to liven up the room. 

DON’T – Overlook unfavorable smells 

When buyers enter your home, they aren’t just judging your property with their eyes. All senses are engaged, including smell. 

Unappealing odours due to mould, pets and garbage can quickly turn off a potential purchaser, so be sure to tackle them before showings. Take out the trash and scoop the litter box regularly. If the smell of mildew is present, give your showers and tubs a thorough clean, and schedule a visit from a contractor to rule out any mould/water leaks. 

Don’t fill the room with artificial air fresheners either – add subtle natural scents such as fresh linen.   A trick I used over the years when doing open houses was to baked some muffins you can also add potted herbs to entice the senses. 

DO – Improve the lighting 

Dark interiors can make spaces feel cramped and uninviting, so introduce an abundance of light into your home. 

When staging for photographs or showings, open all the blinds and drapes, and remove obstructions away from windows to let in as much natural light as possible.  In addition to ceiling lights, use a mix of floor lamps, wall sconces, undermount lighting and table lamps to brighten your space for potential purchasers. 

DON’T – Forget about curb appeal 

Buyers can easily make a snap judgement about your property from the minute they arrive on the street, so get things off to a good start from the get-go by staging your home’s exterior too. 

Begin with a simple clean up, like mowing the grass, power washing the siding and walkways, and freeing the lawn and eavestroughs of any fallen leaves or branches. Be sure to repair any broken porch lights. Complete your property’s refreshed façade with a clean doormat and some inviting potted plants or hanging baskets on the front porch. And, don’t underestimate the power of a fresh coat of paint on the front door! 

DO – Rearrange your furniture 

It is possible to have too much furniture – overstuffed rooms can give the illusion that there is a lack of spaciousness. When staging your home for sale, don’t be afraid to put some items in storage or swap furniture out to achieve an appealing layout that buyers can easily walk through. If space permits, pull furniture away from the walls to allow for more movement and reduce any dead space in the center of the room.

Let’s connect, our experienced team will work with you to help explore your opportunities, provide you with a streamlined process from start to finish.

Contact Us