Selling a home is not something you’ll do often in your life. Unless you know a Montreal real estate agent who will sell your home for you for free or who will give you a good discount on his or her commission, selling your home can be really maddening and expensive.
I assume you’ve opened the article: ” How to sell your home by yourself in Montreal, Quebec” for one of the following reasons:
- Your home is worth no more (or almost no more) than you owe the bank. So you can’t afford to pay a real estate agent’s commission.
- Your home is worth more than you owe the bank, but you want to save money by by trying to sell it yourself before hiring an agent.
- You are facing a financial recovery (or see it approaching). So you need to sell quickly without having to pay thousands of dollars in agent’s commissions.
- You can’t afford to wait for months and you know that’s what it can take to sell a home in the Montreal area. So you want to try to sell faster.
Whatever the reason, you can sell your home yourself on the Montreal real estate market.
Since 2016, the Quebec real estate market has been doing much better. Selling a house will certainly benefit you if you do it right away. In most cases, it’s enough to employ sensible promotional strategies and be realistic about sales targets.
In this article, you’ll find guidelines to help you sell your Montreal-area home on your own.
How to sell your home by yourself in Montreal, Quebec – Let’s go!
Stay informed about the state of the Montreal real estate market 
The first and most important step is to conduct market research in your area of Montreal, Quebec. This stage involves consulting several real estate sales sites (such as agency sites or Prelist), a real estate agent or two to see how much your home is worth, and various resources dealing with different pricing techniques. Thorough research will help you set the right price and avoid making mistakes.
If you don’t want the headache of trying to appraise your property yourself, give us a call at 514-320-1000. We’ll give you an honest, transparent appraisal of your home’s value on the traditional market (a market on which you’ll have to wait 3 to 6 months, or even longer, to find the perfect buyer). And, if you like, we’ll make you a fair, cash offer on your home so you can sell quickly. (We can close in as little as 3 days, if that’s what you want).
Assess your market
This step is similar to market research, but this time you limit yourself to your neighborhood and to houses similar to yours. Are there many homes for sale in your neighbourhood in Montreal? If so, what is the average time spent on the market by other properties? How common are finance repossessions in your neighbourhood? These elements could affect your price downwards.
Evaluate your home
As a seller, it’s in your best interest that your home is in optimal condition to sell at an optimal price. Identify which features are unique to your
property and highlight them when promoting it. For example, in Montreal, a house with a parking space will certainly attract more buyers than one without.
Is your home in need of renovation? Does it need a light coat of interior or exterior paint? What condition is your roof currently in? Is landscaping at its best? Is your home completely outdated? All these things have an impact on the type of buyers you’ll attract, which will change the amount your buyers will be willing to pay for your property.
Once you’ve done all this, you’ll be able to set a reasonable initial price for your Montreal home. A price that’s not too high (it would then take you 12 months to sell) and that guides buyers ready to close quickly to your door.
Take photos or videos
Montreal buyers are obsessed with social networks. Making a video in which you walk through the house and broadcasting it will enable you to reach a wider audience. In fact, 
videos are perceived as being more transparent than photos. However, this doesn’t mean you should stop using them, as taking photos is much less expensive than shooting video.
Take excellent photos. Photograph every room that enhances your home. Photograph your home from the outside from different angles; people want to be able to see your home before they come to visit it. Publishing excellent photos of your home online can make the difference between a quick sale and a wait that stretches on for months.
Advertise your home on the Web in Montreal
These days, it’s possible to find a Montreal real estate broker
who charges just a few hundred dollars to list a house for sale on his or her real estate site. This will make your home more visible to local real estate agents. (If you rely on a buyer’s agent to find your property, you should be prepared to pay him or her between 2% and 3% of the selling price).
You can also advertise your home in your local newspaper, put up posters in your neighborhood or hold an open house.
It’s a lot of work to sell your Montreal home quickly.
You’re right.
Many sellers in Montreal believe they save time and money by promoting their homes themselves, but end up spending even more than if they had chosen to hire an agent.
Here are a few things to think about before you decide to sell your home on your own:
- If you’re not a good promoter or if you’re not willing to put a lot of time into promoting your home, selling your home on your own may not be the best idea.
- If you don’t do a good job of creating advertising material and home staging and try to increase the value of your home in the imagination of your buyers, you’ll lose between 3% and 8% of the selling price you could have achieved with the help of a marketing professional.
- Too many salespeople forget to take into account the cost of ownership and missed opportunities. Until your home is sold, you’ll have to pay the mortgage, taxes, insurance and electricity every month. If your mortgage costs you $1500 a month (including $1300 in interest) and it takes you 7 months to close your sale, it will have cost you $9100 (not counting the taxes and insurance you’ve paid during that time). So, if you can sell your home today, it might be worth giving your buyer a discount in order to close quickly and move on. It’s food for thought.
If you’d prefer not to have to invest so much in selling your Montreal home, and would like to sell it quickly for a good price without paying any commissions or fees…
… We at Vendre Maison Vite buy homes in Montreal, Quebec.
We would be happy to make you an honest offer, WITHOUT OBLIGATION and STRESS-FREEin cash for your home.
We can close quickly (in as little as 7 days if that’s what you want). This will save you the thousands of dollars you’ll have to spend if you try to sell your home on your own and have to wait for months.
What’s more, when we buy a house in Montreal, we personally take care of all the necessary renovations (and pay for them ourselves). So there’s nothing to worry about.
If you would like to know how much we can pay for your home, call us today at 514-320-1000 or fill out our short form using the link below.
