Your Mortgage Broker Toronto team here at OMJ understands that selling a house means having strangers invade your space. These people investigate all the crevices and corners in your house. You might even wind up getting offers that are lower than the asking price.
Here’s a few tips to avoid that situation and have prospects offer quotes higher than what you are asking for.
Pick The Right Time.
A little research can help you decide on the best time to put your house up for sale. The beginning of May is considered a great time to put that sign on your lawn. Properties that are listed at the beginning of summer or end of spring generally sell quicker and get higher prices.
We can get you the best mortgage rates on a new place after you’ve sold. What’s more, we don’t usually suggest that you list in the Winter. That is generally the time of the year when supply and demand are at the lowest. However there is one bright spot. Listing during the that time means that your house will have less competition.
Another Mortgage Broker Toronto Tip: Price That Property Right
The first step is to find out exactly what your property is worth. Then you should lower the price by 15 to 20 percent. That will usually cause a frenzy of buyers coming in with multiple bids. The end result will be your home will get bid up over the price it is worth.
Granted, it’s a risky strategy that’s not for everyone.
Here’s a final tip from your mortgage broker Toronto that’s less adventuresome. Every buyer is looking for storage. Take half of the close out of every closet and organize what you leave in there. Buyers tend to look in cabinets and closets so they should be kept clean and tidy.
