Selling Kamloops Real EstateHome Seller's Guide > Getting Ready > Protecting Your Home Equity

 

KAMLOOPS REAL ESTATE

HOME SELLER'S GUIDE: HOME EQUITY


home equity

The sale of a home affects many aspects of your life including finances, your equity and your future. This is one of the most important financial transactions you'll make. The average home sells for over $400,000. For a small price, you can be assured that your investment is protected.

When you're faced with a legal problem, you look to an experienced lawyer to represent your best interests. When it comes to the sale of your home, a REALTOR® is your best investment. Here are a few more ways professionals like River City Realty work to protect your equity:

Price Enhancement

A REALTOR® can recommend repairs or cosmetic work that can significantly enhance the salability of your home. You won't waste your time or money on non-recoverable repairs. He or she can also advise you on which items need to be moved or put away.

Right Price Guarantee

A REALTOR® understands your neighbourhood in Kamloops, as well as the overall city market. They are also familiar with current real estate values, taxes, utility costs, city services and nearby facilities. Your representative should exercise diligence when it comes to providing an assessment of your home. This could include arranging for other qualified professionals to conduct an investigation and prepare a written report. With a professional market evaluation, your home will be listed at the right price. You save time and trouble if your home is not listed too high or too low compared to the market.

Your REALTOR® will also assist you in obtaining a report on the title of the property. By doing this review initially, you'll avoid the costly and lengthy process of sorting out the status of past owners or rights of access. While most properties have some limitations such as easements for utilities, you'll want a title that's free and clear of any debts, liens or caveats.

Objectivity

Using a variety of informational resources, a REALTOR® can provide community information on utilities, zoning, schools, shopping etc. Your REALTOR® will place your home in the best possible light, highlighting features, benefits and the advantages a potential homebuyer would enjoy as the owner of your home.

Negotiation and Representation

When it comes to protecting your investment, there are many negotiating factors including price, financing, terms, date of possession, repairs, furnishings or equipment. A REALTOR® will personally represent you during the presentation of the offer. You'll get the best price and conditions on the sale of your home.

Maximum Marketing Resources

A REALTOR® has access to a wide variety of resources to market your property to other agents and to many qualified home buyers. This includes advertising both on and offline, east web site access, open houses, brochures, direct mail, network contacts and an existing and former client base. In many cases the sale of a home is made because of communication with previous clients, referrals, friends and personal contacts. Your REALTOR® is your personal marketing coordinator, ensuring your home receives maximum exposure to every avenue and utilizing cooperative relationships for your benefit.

Up-to-Date Information

Your REALTOR® will provide you with current information on what's happening in the marketplace with respect to price, financing, terms and conditions of competing properties. These are important aspects in selling your home quickly, at the best price, hassle-free.

Smooth Closing Process

Details, details, details: your REALTOR® will assist you in the handling of the numerous tasks that must be completed before the sale of your Kamloops home is final. Your representative will also objectively evaluate each buyer's offer without compromising your position. They are also trained to write a legally binding, win-win agreement. Your REALTOR® can objectively handle all the closing issues and move the transaction to closing and settlement as quickly as possible.

 

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