Selling your home isn’t a simple procedure. It involves large sums of money, stringent legal requirements and the potential for costly mistakes. It is our goal to sell your home in the least amount of time and for the best possible price. During this meeting, we can discuss your goals and we can explain what it is we do for you. It’s important we agree on what the plan is moving forward specific to your unique situation.
The Listing Agreement is the contract between you and our Brokerage, RE/MAX House of Real Estate. The agreement clearly spells :
When selling your home, it is your legal requirement to disclose any known defects in the home that are not discoverable and that may make the property potentially dangerous to occupants or unfit for habitation. A major cause of post-sale disputes and lawsuits relate to defects and disclosure. Intentionally withholding information about a property when selling it can have serious legal consequences.
How much should you list your home for? Many people have an idea of what they think their house is worth, however, it is important to have your home valued on its own merits by a professional. Your house is worth what the market is willing to pay for it. This number is calculated by comparing similar home sales in your area and taking into account current market conditions. We will provide information and expertise to assess at what prices similar properties in your area have sold. The most activity tends to occur in the first 3 weeks of being listed, so it is important not to price your home out of the market.
We will place your home on the Calgary Real Estate Board’s MLS® System. Through this system, all other REALTORS® can view the listing and have the opportunity to show it to a potential buyer. Your property gains more exposure, because it reaches the all of the real estate professionals in your area. It will also be emailed out to buyers that have auto-searches with matching criteria that have been set up through their agents. Through REALTOR.ca, the national property website that gets more than a million unique visitors per month, the listing is advertised to buyers across Canada and around the world. Your listing will be posted on our website www.falkjiwarealestate.com and also posted on every website that enables a home search option.
Open houses are where members of the public are invited to view your home. We typically will set up an open house on a weekend and advertise it through the MLS® System as well as post signs around the neighbourhood. It's an efficient way to show your property to many potential buyers at once. We will act as host, answering any questions potential buyers or real estate agents may have. Sometimes we will bring along a mortgage broker to answer any questions they may have about how to get qualified
A home may not always sell right away. In fact, we will inform you of the average days on market for listings in Calgary at the time of listing. Generally, there are three reasons why a home may not sell as fast as others: location; condition; and asking price. Obviously, you can't change your home's location. However, you can control the other 2 factors. Throughout the listing process, you need to be constantly comparing your asking price against those of similar properties in your area. We will be sending you information about the recent sales in your area and the new listings that have gone up. Together, we will review your selling strategy regularly and answer the following questions:What feedback are we receiving from prospective buyers?
When a buyer wants to purchase your property, you will receive an offer to purchase. This will include:
The buyer will also make a deposit with the offer. You don't have to accept the offer as is, you are entitled to make a counter offer back to the buyers. The counter offer is one more step along the way to negotiate the final terms and conditions of the sale. The offer, once signed by everyone, is a binding contract. We will explain and simplify all of the terms in the document so that you understand the details, however you should always read it over yourself as well.
Your lawyer will ensure that you receive compensation for prepaid expenses such as, property taxes, pro-rated your strata fees, etc. After any fees are deducted, you will receive the money from the sale.