Chilliwack Home Sellers Guide

We’re committed to guiding you through the listing process and will stop at nothing to achieve the highest level of client satisfaction. We value open communication and are equipped with the resources needed to attract a wide audience of buyers. When working with Kevin Alexander you can expect superior results.

Working With A Realtor

1. Property Overview

Conduct a thorough assessment of property history, improvements made and the home’s notable features.

2. Determining Value

Produce an analysis of comparable properties to determine the optimal list price for your home.

3. Timeline

Leads a discussion about a client’s needs, schedule, the expected number of days on the market, and list days.

4. Pre-Listing Efforts

Advice and recommendations for home staging and property enhancements to consider before listing.

5. Property Listed

The property is then listed and made public on MLS

6. Facilitating

Coordinates showings and inspections and serves as a buffer for communication with the buyer’s agent.

7. Negotiations

Provides counsel and acts as an intermediary while negotiating the best offer price.

8. Managing Paperwork

Handles all paperwork including initial transaction documents, disclosures, and appropriate contract items.

Seller’s Checklist

Making sure your home is in optimal selling condition will set it apart from the competition and help to secure the highest price in the shortest amount of time. The following tips will help prepare your home for sale and boost saleability once it’s on the market.

Home Repairs

The smallest improvements can make the biggest difference. Some minor repairs to consider before listing your home are:

  • Paint walls and ceilings a neutral colour.
  • Restore hardware and fixtures as needed.
  • Improve lighting by replacing light bulbs with higher-wattage bulbs.
  • Repair any signs of water damage.

Deep Clean

Clean all windows to allow as much light as possible into the home.

  • Remove clutter.
  • Clean and polish floors, lighting fixtures and faucets.
  • Dust and vacuum regularly.
  • Eliminate or neutralize any bad odour

Enhance Curb Appeal

A home sale can be made or broke based on how attractive the exterior of the house appears.

  • Spruce up lawn and landscaping.
  • Add fresh flowers.
  • Check for exterior features that could use minor repair.

Home Staging

Set the scene by preparing your property to show!

  • Neutralize your home by removing bulky furniture, personal photos, and clutter.
  • Add subtle accessories like simple centerpieces, accent pillows or a floral arrangement.
  • Help liven up a room and make potential buyers feel like their touring a model home.

 

Pricing

Why is pricing so critical? The combination of the right price and the right time is essential for a successful sale. The first 30 days on the market are crucial, as buyers display high interest in new listings and start looking for price adjustments for properties that sit longer on the market.

Price Determining Factors

  • Comparative Market Analysis (CMA)

  • Number of beds and baths

  • Lot size

  • Features and finishes

  • Locations

  • Property condition

  • Size

  • Curb appeal

What is a Comparative Market Analysis (CMA)?

A CMA is a side-by-side comparison of homes that have recently sold in the same neighbourhood and price range. The purpose is to show fair market value based on what other buyers and sellers have determined through past sales, pending sales, and homes recently listed on the market.

       

      Closing Expenses

      Closing expenses can vary depending on the property type and they can be significant. It’s important to have an understanding of what costs you’ll be responsible for as a seller. The following guide is designed to give you an overview of various costs associated with the sale of your home.

      Sellers Estimated Closing Expenses

      • Sale Commission: 7% of the first $100,000; 2.5% on balance
      • Lawyer Fees: $800-$1000
      • Tax Proration: dependant on date of completion

      *Figures may vary based on property type, loan amount, closing dates, purchase price, and other factors. All costs above are estimated. Please consult your mortgage lender and real estate attorney to obtain the best possible estimate for taxes and other closing costs.