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Tips for Selling Your Home In a Slower Market

Posted: Thursday November 22, 2018

There are many reasons why you may need to sell your home in a slower market, and though getting the most for your home in that situation may seem impossible, there are several strategies you can use to get the best offer for your home. Here are a few tips to getting the most for your house in a buyer’s market!

Know Your Local Real Estate Market

The current real estate market in Regina is not as strong as we've seen in the past decade. A real estate agent can give you the information you need to determine how your local housing market is doing, how similar homes to yours are doing, and whether it is a good time to consider selling.

Get A Pre-listing Home Inspection

Knowing the condition of your home, and the strengths and weaknesses of your property, can help you make an accurate evaluation of what your home is worth and how best to market it. A home inspection can also point out any repairs that may be required, and you can even use the covered cost of a home inspection as a perk to potential buyers.

Make Necessary Repairs

Making repairs may seem like an unnecessary expense when selling your home, but these repairs, especially to rooms like the kitchen and bathrooms, can really increase the asking price of your home and maximize your profits. Also, having your home in move-in condition will increase interest in your home and ultimately get you a better price. Buyers often like to negotiate after their home inspection is complete. Having the necessary repairs done before listing will mean zero to little negotiations after the buyers home inspection is complete.

Find Out The Competitive Price For Your Home

Knowing the accurate market price for your home based on its size, condition, and location will mean that you are in a power position in getting the best price possible. Contacting a REALTOR® can help you determine the fair market value of your home.

Have A Marketing Strategy

Like any business, marketing is an important part of success; having a good marketing strategy means more people will know your home is for sale, and it will be presented in the best way possible. A professional real estate agent can help you market your home in the most effective way.

If you are thinking about selling your home, contact me to discuss how I can be of service. I take pride in always looking for unique way to make your home stand out and in front of more buyers. For all your real esate needs, call or text me at 306 591 6524.


Regina Real Estate Blog

Interested in Buying a new home or Selling your existing property? Not sure where to start? Below you'll find articles tailored to give you a hand with many different tasks involved in the process.

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