Taking the time to explore your options before advertising your Montreal home for sale can only be a good idea. Find out in our latest article whether it’s a direct sale, an AVPP ad or working with an agent that’s right for you!
Many people believe that the only way to sell a house successfully is to hire an agent and then wait for a buyer to come along. However, this is not the only sales method available. Many sellers choose to sell without an agent, whether through an AVPP ad or a direct sale, to avoid having to pay for work to be done and agent’s commissions. The best way to decide how to sell is to compare the financial aspects as well as the time required by each sales method. Here are some comparisons!
Direct sales
Opting for a direct sale will enable you to sell your home quickly and efficiently. Working with the Vendre Maison Vite team will enable you to avoid all the costs associated with selling a property, save precious time and plan ahead. All this will put more money in your pocket. You won’t have to spend time or money on repairs, modernization, cleaning or home staging. We’ll take care of all the paperwork and pay you right away. Closing a sale on the traditional market can take months, whereas a direct sale to the Vendre Maison Vite team will only take a few days to complete. We’ll adapt to your schedule and needs to make the process as easy as possible for you.
Selling yourself
Selling your Montreal home yourself will take a lot of effort. It’s important that you have some knowledge of the real estate market, so that you understand the laws and are ready for the negotiation process. You should also have a good knowledge of the local real estate market and be able to recognize a good offer when you receive one. If you’re advertising your À Vendre Par Un Particulier, or AVPP, property, you’ll also need to take care of all the promotional aspects, including online ads, print materials, newspaper ads, open houses and signage. You’ll also be responsible for answering questions and showing the property to potential buyers. Then, if you do manage to find a potential buyer, you’ll need to make sure you handle the paperwork and contracts properly. If you opt for a do-it-yourself sale, it’s a good idea to contact a local real estate lawyer to make sure everything is done correctly.
Selling with an agent
Hiring a Montreal agent can be the right thing to do for those who don’t mind having to pay fees before advertising, and then again after the sale. Nor would the ideal candidate for selling with an agent need to sell within a specific number of weeks or months. Also, if you’re advertising your home for sale on the traditional market, you’ll most likely need to do some work to make it competitive on the market. Property improvement work includes professional cleaning, home staging, repairs and modernization. Once the house has been advertised for sale, your agent will schedule appointments with potential buyers for visits during which you don’t have to be present. In fact, your presence could make buyers uncomfortable and harm your chances of closing a sale. Then you’ll have to wait and see if an offer is made. This may happen after a few days, or after weeks or months, or it may never happen at all. If a buyer shows a real interest in buying your property, you’ll then have to go through the escrow and mortgage processes, which include inspection, appraisal and any other steps required by the lender. Once the offer has been accepted, you may have to wait a few weeks before actually closing the sale.
At Vendre Maison Vite, we help people like you make the decision that’s right for you. Whether you choose to sell directly, yourself or with an agent, we strongly recommend that you take the time to explore all your options before committing to any of the methods for selling your Montreal home.
