For many, the idea of selling a home comes with a sense of being overloaded with work to do, and a long list of expenses. If your home is chaotic or in need of renovation, this weight can be particularly overwhelming. Fortunately, it can be quite different! In our latest article, we point out a few ways to sell a Montreal home without worrying!
When we think of selling a home in Montreal, we often think of hiring an agent and advertising the property on the traditional market. While this is an excellent method for many, there are those for whom another solution would be more appropriate. Fortunately, there’s more than one way to sell a home in Montreal! Compare your options and choose the method that best suits your needs and current situation!
Selling directly to a professional buyer
You can sell your home without using an agent. If your situation allows it, selling directly will save you a lot of time and money. There are companies like Vendre Maison Vite that can buy your Montreal home directly through a simple, no-nonsense buying process. If you sell directly, you won’t have to worry about commissions, work, cleaning, or even waiting for a buyer to show up. You’ll know immediately how much you’ll receive and the exact date when the sale will be completed. As a result, you won’t have to live with uncertainty or wonder when or if your home will sell.
Direct sales are becoming increasingly popular. However, not all buyers work in the same way. Make sure you do some research on the state of the real estate market and on the buyer you want to do business with. A direct sale may not get you the full price for your home, but for some, the amount saved on work and the time saved are well worth it.
Advertising with the help of an experienced agent
Of course, advertising your home for sale on the Montreal market is another option. Before taking the plunge, take the time to get informed. Know what’s involved in selling on the traditional market and what will be expected of you. Each agent works in its own way, and there are no guarantees. Your property may be advertised at a very high price, but there’s no guarantee that you’ll receive it. Beware of agents who try to impress you with a high sales price. If your property is advertised at too high a price, chances are it will stay on the market for a long time. You’ll be forced to lower your price, and your home won’t be as visible as it was when it was first advertised. If you choose to advertise your property for sale the traditional way, make sure your agent chooses a price that will allow you to sell, and not one that only serves to convince you to sign a contract with him.
Offer seller financing
This method can work if you don’t need the money quickly. If you opt for a rent-to-own contract, your tenant will “rent” the property and pay a higher rent than normal. A portion of these payments will be set aside for an eventual down payment. Then, the lessee will have the opportunity to conclude the purchase of the property after a pre-established period of time, usually around 2 years.
Compare options
If selling seems complex and you just need to move, there are other options open to you. For example, you can rent the house on a short- or long-term basis. However, the difficulty often encountered by landlords who choose this option is finding good tenants and keeping them for as long as possible. Indeed, tenants are sometimes rather nomadic, and they can cost you dearly in the end. If you don’t have experience in the field, you could hire a property manager to make sure everything is under control.
