You need to sell your Calgary house fast right? If you’re saying… “I’m having the toughest time selling my house fast in Calgary“… you’re at the right place 🙂
These tips will help you get your property sold.
[NOTE: Most important – if you really need to sell fast, consider a reputable agent who can both market your home and can offer the option of getting you a cash offer from a qualified local investor group like Calgary Home Sale
Selling My House Fast in Calgary – Your Options
Lately the financing world has been really screwy. Lenders change program requirements constantly – and for normal purchasers, that could delay your sale. We are still to see what effect lending changes will have on buyers and house prices in Alberta, but there are a few things that you must do to increase your chances of selling quickly.
Whether you decide to sell the home yourself or market with an real estate agent, you are going to hear that correctly pricing your home and marketing the house are among the most important factors. Being able to show the home, completing minor repairs, and ‘staging’ the house to attract buyers will also factor in.
Ensure you know the market factors for your community, and type of home you’re trying to sell.
- Find out how much similar houses are selling for in your community,
- How long are they taking to sell
- What features buyers are paying the most for, etc.
- How many similar homes are trying to sell today
- How many were unable to sell.
You can get that quickly from a reputable licensed agent (our choice). Use that information to determine the upper end of the market for your homes like yours. Based on a ‘comparative analysis’ you should be able to see where your home fits relative to past sales. Now look at how many similar homes are currently on the market and how long they have been for sale. If there are only 1 or 2, and they have been on the market for less than the average time taken to sell in your area, you can price in line with the comparables as homes are showing to sell. If the average ‘days on market’ is longer than you can comfortably wait and there are quite a few homes also currently for sale, you are going to have to reduce your expected price to gather interest. Figure out if there are any incentives you can also offer to attract either a qualified buyer, a licensed agent with a buyer, or both (eg. price discounts, sale incentives). To sell quickly you need to stand out from the competition and show value.
Have a solid plan of action to market the home. With a large percentage of home buyers originating their search for homes online, getting onto a site with high buyer traffic is imperative.
- The MLS (multiple listing service) via Realtor.ca is still the number one choice for home buyer traffic. The agent that helped you with the above information will no doubt help you get onto the market and the more internet savvy will also have a social media marketing plan for the home as well.
- Some ‘For Sale By Owner’ sites like PropertyGuys and Comfree have options to get you onto the MLS in addition to their own website traffic for a flat fee that you pay upfront. (Note: the flat fee options paid up front are non-refundable if the home doesn’t sell).
To get onto the MLS you will have to get your home measured to the updated Residential Measurement Standard, take high resolution photos, and get a sales description written up for the property. Now you can market the home! Continue to do so until you get an offer. You may need to incrementally reduce the price if there isn’t enough interest, or if it is taking longer than expected to get buyer interest. A legitimate buyers’ offer should be in writing and include the price they are offering, all conditions and terms, and the date they would like to take possession of the home. If you disagree on any of the items you’ll need to negotiate until you both agree.
Generally buyers request time to get their financing and complete an inspection before they close on the deal. Be prepared that if the buyers financing falls through… you’ll have to start the sale process over again… possibly adding weeks or months to the process, so factor that into your holding costs.
If you aren’t able to wait or don’t have the funds to sell traditionally, know your other options to sell quickly
To avoid having a buyer pull out at the last second because of financing… one option is to sell your house via local investment firm or group like us.
Our qualified investors have access to multiple lines of credit with public and private lenders that is secured by other assets.
That means offers we present close quickly and you don’t have to wait for a bank loan to come through. You get your sale done and cash in hand quickly.
But how do you get cash offers fast?
You can get a fair cash offer from a group like us actually today. We’re buying properties in the Calgary Alberta area, which we’re local to… and we buy Calgary houses … our team or clients either hold them as rentals … or repair / remodel the house if it needs it and sell it to someone who loves the house.
If your local Calgary property qualifies, we can buy your house fast. If you want help with any of the above options, contact us today!