I won’t bury the lead here. No, your home will not sell itself, not even in the Toronto real estate market!
If you want the most money for your home, there is going to be some work involved..
Yes we have a robust and efficient real estate market in Toronto. This also means that we have a very competitive market, making it even more important to put in the work ahead of listing your property, to ensure you sell your home efficiently and for the best possible price!
Every property is different and has its own unique needs but here are some general considerations when selling your home in Toronto.
1. Market Knowledge
First things first, you have to understand what kind of a market you’re entering into it. Analyzing the current market conditions and any competing properties will help determine your listing strategy and inform your timeline.
Looking for more information on selling your home? We’ve rounded up some blog posts to help you out right here:
2. Preparing Your Property
In order to maximize your home’s potential, you will want to present a clean and well maintained home.
- Cleaning : When preparing your home for sale, a deep cleaning is the first step to making a positive impression on your potential buyer.
- Repairs : Minor Repairs or Major Renovations could be a beneficial depending on the condition and needs of your home.
- Painting : A fresh coat of paint always does wonders. Painting is the best and easiest way to give your home a facelift !
- Inspection : Have a home inspection done ahead of listing, this way you can address any deficiencies and avoid potential buyers concerns.
- Staging: Declutter and decorate your home to create an inviting and visually appealing space for your target buyer! Learn more about our staging services by reading an interview with expert, Lucie Brand over on the Toronto Realty Blog right here!
You can also download our staging guide right here.
3. Marketing
Promote your home to get as many eyes on your property and as many people through the door. Professional photography, videography, floor plans, virtual tours, feature sheets, social media campaigns and open houses are just some of the avenues we use to cast a wide net and reach as many potential buyers as we can!
4. Negotiations
Negotiate the best price and terms for your home! This process will become even more interesting this year as we welcome new legislation that gives sellers the option to allow an “open offer” process!
Should you go with a “Full Service” real estate team? What does that mean, anyway? Read more here.
5. Closing
After accepting an offer there are still a few housekeeping activities and paperwork to be completed. You will also want to hire a good real estate lawyer to ensure a smooth closing and that all legal requirements are met!
Selling your home involves a substantial amount of work. Here at the Toronto Realty Group we have seen it all. We have the team and experience to handle every step from day one all the way to closing. Let us take care of every detail and streamline the process for you.
Give us a call at 416.642.2660 or email admin@torontorealtygroup.com and let’s customize a plan to ensure your home is market-ready!
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