Are you stuck with an unwanted home in Montreal? Find out how to sell for free by reading this article!
When you own a house you no longer want, the last thing you want to do is spend more money in the hope of selling it. In this article, we describe the various costs that need to be covered when selling on the traditional market, and how to avoid them.
Costs generated by the average ad
Many homeowners are unaware of all the costs they’ll encounter when advertising their home for sale with a Montreal real estate agent. It’s not enough to phone an agent, take a few photos and wait for the perfect offer. To advertise your Montreal home successfully, you’ll probably have to invest a lot of time and money.
Renovation costs
No matter what condition your home is in, some work will certainly need to be done to prepare it for the real estate market. Whether it’s patching holes, freshening up paint or fixing a leaky pipe, small repairs can quickly add up. If your home needs more than a few minor adjustments, it may not be worth the money you’ll have to spend to renovate it.
Promotional costs
Promoting a house for sale can be expensive. However, whether or not your agent puts your Montreal home on the market, he or she may not promote it on other sites or invest in higher-visibility ads. As a seller, you may have to shell out for these things, in addition to paying the salaries of professional photographers, home stagers and cleaners to get the best listings. If you advertise your home for sale with an agent, make sure you understand what services are included.
Carrying costs
Owning a home can be expensive. When you factor in Hydro bills, taxes, insurance, maintenance, minor repairs and landscaping, just having a home costs money… and that’s not to mention your mortgage, if you have one. Rather than waiting months, selling your home quickly can save you thousands of dollars.
Agent fees
If you decide to hire a Montreal agent, you need to find out how much you will have to pay for his or her services. In general, commissions are held within 6%. You’ll also want to make sure that everything is included, otherwise you could end up with administrative fees to pay, and more.
Once you’ve added up all these expenses, you may come to the conclusion that a direct, fast and fair sale at Vendre Maison Vite is the best way to sell your home. Receive a quote from us and see for yourself, all without obligation!
How to avoid sales-related costs
Sell your home directly
The easiest way to sell without any fees in Montréal is to sell directly to Vendre Maison Vite. We’ll make you an honest, no-cost, no-hassle, no-waste-of-time offer. Nothing forces you to spend even a penny on the things described above.
Advertise your house for sale “As is
Rather than spending money to prepare your property for the real estate market, you can advertise it for sale as is. However, be aware that finding a buyer this way could take even longer, since most buyers are looking for a turnkey property they can move into without waiting. So if your home is in need of renovation, you may have better luck selling it outright.
Offer credit
If you still want to advertise your home for sale with a Montreal real estate agent, but don’t want to invest money in renovations, you could offer your buyers a credit so they can take care of the renovations themselves. However, be aware that this strategy may mean that it takes longer (and more energy) to find the right buyer.
