EXIT Realty - Your Comprehensive Guide to Buying or Selling a Home

Page 17

Selling SellingYour YourHome Home Your Your EXIT EXIT Sales Sales Representative Representative Will Will Work Work With With You! You!

There There are aare million a million different different reasons reasons why why people people sell their sell their homes, homes, but every but every sellerseller has one hasthing one thing in common: in common: the desire the desire to to get as getmuch as much money money as possible as possible fromfrom theirtheir existing existing residence residence as quickly as quickly and and as hassle-free as hassle-free as possible. as possible. (If your (If your home home is is youryour principal principal residence, residence, you won’t you won’t havehave to pay to capital pay capital gainsgains can choose not to not gotothrough go through with with the offer. the offer. This,This, however, however, is is tax on taxany on profits any profits fromfrom the sale. the sale. If, onIf,the onother the other hand,hand, it is an it is ancan choose a difficult a difficult condition condition for many for many vendors vendors to agree to agree upon upon and you and you investment investment property, property, prepare prepare for the fortax!) the tax!) may may find that find that you have you have to forgo to forgo youryour priceprice negotiating negotiating power. power. Before Before you you beginbegin the selling the selling process, process, reallyreally evaluate evaluate why why Purchasing a home a home before before you sell you could sell could be abe risky a risky strategy strategy you’re you’re moving. moving. Do you Dohave you have too few toorooms, few rooms, or too ormany? too many? Has HasPurchasing if you’re counting counting on the on proceeds the proceeds fromfrom the sale. the sale. If you’ve If you’ve youryour job moved job moved to another to another city and city you’re and you’re relocating? relocating? Are the Are theif you’re found a purchaser a purchaser before before you’ve you’ve found found youryour next next home, home, use use neighbours neighbours driving driving you away? you away? Or are Oryou are simply you simply looking looking for forfound “purchase “purchase a new a new home” home” as a as condition a condition when when you sign you sign back back a change? a change? A complete A complete analysis analysis of your of your current current position position will will the agreement. the agreement. Again, Again, it willit only will only be for beafor fixed a fixed time.time. EvenEven set aset good a good foundation foundation for your for your next next home home hunt.hunt. if you if have you have not found not found the ideal the ideal next next house house by the by time the time the the BuyBuy or Sell or Sell First? First? deal deal closes, closes, you may you may still wish still wish to proceed to proceed with with the offer. the offer. As As That’s That’s tricky. tricky. AfterAfter all, ifall, youiffind you afind purchaser a purchaser for your for your existing existing a buyer a buyer with with a “sold a “sold house” house” you will you be willinbe a better in a better position position home, home, before before you’ve you’ve found found a new a new one,one, you may you may find yourself find yourself to negotiate to negotiate price. price. livingliving out of out a suitcase of a suitcase if convenient if convenient closing closing dates dates cannot cannot be be Make Your Your House House More More Sellable Sellable negotiated. negotiated. On the Onother the other hand,hand, if youif find you your find your dream dream home homeMake While While we all we believe all believe that that our our home home is our is our castle, castle, our our before before you’ve you’ve unloaded unloaded youryour old one, old one, you may you may be faced be faced with with personal personal tastes tastes may may not appeal not appeal to everyone. to everyone. Your Your EXIT EXIT carrying carrying two mortgages two mortgages for afor time. a time. salessales representative representative will will workwork withwith you you to give to give you you an an So how So how do you domanage? you manage? Easy.Easy. Do your Do your homework homework and have and have a a impartial impartial analysis analysis of your of your home, home, how how it relates it relates to other to other goodgood idea idea about about the neighbourhood the neighbourhood and type and type of home of home you’re you’re “competing” “competing” homes homes on the onmarket the market and how and how youryour homehome reflects reflects looking looking for. Do for.an Dohonest an honest evaluation evaluation of your of your family’s family’s needs needs current current design design and style and style trends. trends. YourYour salessales representative representative will will and and budget. budget. Speak Speak to your to your EXITEXIT salessales representative representative and and also also taketake a good a good look look at the at general the general condition condition and and upkeep upkeep startstart youryour new new home home search search as soon as soon as your as your existing existing home home of your of your dwelling. dwelling. hits the hitsmarket. the market. Overall, Overall, youryour EXITEXIT salessales representative representative will work will work with with you you If you’ve If you’ve found found a home, a home, before before you’ve you’ve sold sold youryour existing existing one,one, to position to position youryour home home on the on market the market so that so that youryour salessales use “sale use “sale of your of your existing existing home” home” as a as condition a condition on your on your offer.offer. experience experience will take will take placeplace as expeditiously as expeditiously as possible as possible . . If youIf don’t you don’t sell your sell your home home within within a fixed a fixed period period of time, of time, you you

DO-IT DO-ITYOURSELF! YOURSELF!

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Brokerage, Independently Owned & Operated

1 mile 1 mile N. ofN.401 of 401 on Hwy. on Hwy. 62 62

Buyer’s Buyer’s & Seller’s & Seller’s Guide Guide | 15 | 15


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