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Introduction

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If you are thinking of selling your home, there are many things you need to do before a “For Sale” sign goes up. Whether you are planning to sell your home on your own or with an agent, it will take a lot of co-ordination, organization, and work. Part 1 of this book covers the first things you need to do:

• Determine what kind of market you will be selling in: Is it a buyer’s or seller’s market or is it balanced? (See Chapter 1.)

• Decide who your target market is: Is your house suitable for first-time buyers, empty nesters, investors, or other types of buyers? (See Chapter 2.)

• Know your product: Find out details about your home that buyers will want to know. (See Chapter 3.)

• Gather the paperwork you’ll need for selling your home: This includes legal material such as a title search, financial material such as tax records and mortgage information, and by-laws and financial reports for a strata title property. (See Chapter 4.)

• Determine a fair market price for your property: You can do this yourself or have a real estate agent or appraiser help. (See Chapter 5.)

Part 2 helps you with the decision of whether you should sell your home yourself, or if you should engage a partial-service or full-service realty company. Part 2 discusses the following factors that will help you with your decision:

• Costs of selling your property

• Requirements for marketing your property

• Personality and ability needed to sell the property yourself

• Pitfalls of selling without a real estate agent

• Services offered by a real estate agent

Part 3 includes information on marketing and completion, covering the following important topics:

• Advertising

• Showing your property

• Understanding what to do when an offer is made

• Completing the sale

Selling your home can be an empowering experience, but it is important to understand how to do it properly to gain the best value for your home. Gaining knowledge about selling your home can help you make the right decisions and reduce the stress that may come with selling your home. Visit real estate websites, read books about selling a home, and attend seminars; get as much information as you can about the processes and costs of selling your home before you get into the real estate market.

This book is intended to help home sellers become familiar with the many processes involved in selling a home. I hope this book will give you confidence in your own choices and decisions and make your selling experience a pleasant one!

Sell Your Home in Canada

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