If you are selling your home in Ottawa, Canada, you need to have preparation. There are things you need to know and things you need to do to ensure a smooth home selling process. To gauge how ready you are, here are the things to ask yourself before selling your home.
Do You Need A Real Estate Agent?
One major decision that you need to do when selling your home in Ottawa is to decide whether to work with a real estate agent or sell your home yourself. Both options have advantages and disadvantages. Your decision should depend on your specific situation. If you decide to work with a real estate agent, you should take into consideration the following:
• It would be best to get a recommendation from people you know who have worked with an agent before
• Get an agent who has sold properties in your local area or neighborhood
• Find an agent whose services matches the cost
The key to find the best real estate agent is to collect and select. Do comparisons of real estate agents in your area. By this, you will be able to decide which one will be most suited for your home selling needs.
How prepared are you to sell?
Home selling is not just an exchange of funds and keys. There are a lot of paperwork involved. For instance, you have to prepare the updated survey, deeds, contracts, insurance papers, and other similar legal documents. Aside from the legal paperwork, you also have to prepare your home physically for home inspection. For example, you may have to do some repainting or small fixes to ensure that the home is in tip top condition for the inspection.
Do you need a lawyer in selling your home in Ottawa?
While going through the process of selling your home in Ottawa, you may realize that there are things, particularly the legal aspects of the process, which require someone with a strong background on real estate law. In this case, you will need to hire a lawyer. You usually need a lawyer if you are selling your home yourself. The lawyer will be the one to take care of the contracts and agreements. He will make sure that the whole process is done lawfully.
How much will it cost you to sell your home in Ottawa?
There are a lot of costs involve in selling your home in Ottawa. Firstly, if you hire a real estate agent, you will have to pay commission. The commission usually ranges from 3% to 7% of the home’s selling price. Secondly, there are legal fees to settle. Even if you don’t hire a lawyer, there are still some legal fees involved. Thirdly, you will need to invest some amount in home staging. You have to prepare your home for inspection. Aside from these, there are still other costs that may arise during the process of selling your home.
To prepare yourself and your home for selling, these are the questions that you need to ask yourself. These questions will help gauge whether your home is ready to be on the market.