Selling Your Home With a REALTOR®
When it comes to selling your home, it's important to select the right team of professionals to ensure your home is represented in the best light and has the opportunity to yield maximum dollar value. Follow the steps below in order to enhance your home's selling opportunity.
Choosing Your REALTOR®
While the process of selling your home is more complicated than you might think, the solution is simple: by choosing to work with a Medicine Hat area REALTOR®, you will have access to a professional who understands the process. With a REALTOR® by your side, it is likely your home will spend less time on the market (sell faster) and that you will get a better price for it than you would if you were selling on your own. You can start by searching our database of Medicine Hat area REALTORS® right here on this website.
The Listing Agreement
The listing agreement is a contract that involves the seller and the agent’s brokerage company. It is meant to accurately reflect your property details and to spell out all the rights and obligations of all parties.
By signing into a listing agreement, the seller appoints the brokerage company to help them in finding a home buyer to purchase their home. Elements of the contract may include:
- The agreement’s duration
- Compensation for the REALTORS® involved (both the seller's agent and buyer's agent)
- The agreed upon listing price and property description
- Financial details
It is always beneficial to go over all details with your REALTOR® prior to signing.
Setting The Right Price
Selling your property starts with setting the correct price. Through a careful examination of recent real estate sales data and an intuitive understanding of market conditions your REALTOR® will help in determining the right price for your property. Setting the right price will save you both time and money.
Marketing Your Property
There are many ways that your REALTOR® may choose to market your home, including placing it on the Medicine Hat REALTORS® Associations MLS® System. Talk to the agent you hire to discuss their marketing strategy for your home.
Wait For The Right Offer
Once offers are brought to the table, you will be presented all potential buyer offers. Your REALTOR® will discuss them with you, pointing out where there may be room for negotiation in your favour, and assist you through the entire negotiating process until you accept the one that's right for you. Once accepted, certain tasks will need to be performed to ensure your home is ready for possession day and the new buyer: your REALTOR® and real estate lawyer can help you through the closing process.
The comments contained on this page are for informational purposes only and do not constitute legal advice.