Moving can be a highly stressful event, and if this is your first time selling your home, you may have lots of questions about what to expect. Here are answers to some of the most frequently asked questions about selling real estate. 

When should I list my home?

Some people say that the best time to list your home on the market is during the spring, as that is often when people are looking to move. However, since many sellers choose to list in the spring, you may face more competition. Listing during less active seasons can work in your favour as there is often less inventory on the market, so your listing will stand out.

Why should I work with a real estate agent?

Homes that are sold through a real estate agent tend to sell faster and for a higher price. A qualified agent will help you determine how much to list your home for, market your home for maximum exposure, and guide you through negotiations and paperwork.

How do I determine the listing price for my home?

A home appraiser and/or real estate agent can help you determine the best listing price for your home based on factors like its size, the current market conditions, the location and condition of your property, and comparable home sales. Your agent can conduct a comparative market analysis (CMA) to provide a more accurate estimate of how much your home will be able to sell for.

What do I need to do to prepare my home for sale?

First impressions matter when selling your home, so it is recommended to work on decluttering and making any repairs to anything that is visibly damaged. This can include painting over old or chipped paint, grooming your lawn, and having carpets professionally cleaned. 

Should I start with a higher listing price?

Pricing too high can backfire. People searching online for homes tend to search within a price range that they can afford, so your listing may not be exposed to potential buyers. Additionally, if you list too high, you run the risk of having your home on the market too long, which can deter potential buyers as they’ll assume there’s something wrong with the property.

---

Have more questions about selling your home? Our experienced Sotheby’s International Realty Canada agents are here to provide guidance and ensure a smooth, successful sale from start to finish.