Thinking of selling your property? Learn more about the best and worst times to sell a home in Montreal by reading our most recent article!
Statistically and logically, there are good and bad times to advertise a home for sale in Montreal. If you can, avoid advertising your home for sale at a time when you’re less likely to find a buyer quickly. You should also avoid announcing it when you’re in a difficult situation, since there’s no guarantee that you’ll be able to sell. Here are a few tips on when advertising your Montreal home for sale isn’t the best idea.
The worst times to sell a home in Montreal
At a time when you’re threatened with a finance takeover
Advertising a house for sale in order to avoid repossession is excessively risky. When you advertise, you have no guarantee of sale, which means the bank could foreclose on the property before you’ve had a chance to sell. If you choose to sell directly to Vendre Maison Vite, you won’t have to wait and wonder if you’ll be able to close the deal. We’ll propose a closing date immediately, which could be just a few days later if that’s what you need.
When you want to invest elsewhere
Advertising a Montreal home for sale when a better investment opportunity is available isn’t always the best idea. By the time you’ve taken care of the sale, your desired investment may no longer be within your reach. If you’re a real estate investor, it may be that the property you’ve been eyeing is sold, and there aren’t really any similar opportunities at the moment. If you had intended to live in the property you found, you may have to find another place to live that doesn’t appeal to you as much.
While the house is in need of renovation
When we look at the history of real estate sales, we see that properties that need to be renovated before being lived in don’t sell as well as those that are turnkey. Not everyone is comfortable buying a “Do-It-Yourself” home. On the contrary, people are often looking for a place where they can settle in comfortably without waiting, and don’t want to spend even more after making such a major purchase.
Investors and professional buyers are a much better audience for this type of property. If you sell your home directly without going through the traditional Montreal real estate market, you’re likely to find more people interested in buying your property. What’s more, if you sell directly, you won’t have to worry about commissions, visits or planning a good time to sell.
When you have tenants
If you want to sell a rental property in Montreal, wait until the lease expires. If this isn’t an option for you, let your tenants know what’s going on, but don’t expect them to be very understanding. For visits to work well, your tenants will have to clean and leave their accommodation for several hours at a time.
That’s a lot to ask of your tenants. Landlords who advertise their property while renting it often offer an incentive to their tenants in exchange for their cooperation. Others have opted instead for a direct sale, without the frustration and additional expense of a home they no longer want in Montreal.
When you’re in a hurry
These days, life moves fast. There are many reasons why someone might need to sell quickly. You may want to relocate for work or study. Or maybe it’s a sudden illness in a loved one that motivates you. Whatever your reason for wanting to sell your Montreal home quickly, selling directly to the Vendre Maison Vite team will give you a guaranteed closing date, something a sale on the traditional market would never provide.
If you need to sell fast, selling outside the traditional market without an agent will give you peace of mind. Whatever your motivation for selling, you can always count on Vendre Maison Vite to provide you with a fair, no-obligation offer.
If you find yourself in one of the situations described above, a direct sale may be the best way to sell without hassle or expense. If you have a home in Montreal and want to sell it quickly, sell directly to Vendre Maison Vite to save time and money on the sale.
The advantageous season
Everyone says that spring and summer are the best seasons to advertise a house for sale. In fact, it really depends on the state of the market. In summer, there’s plenty of advertising
the sellers hope to move before the start of the school year. If you sell in summer, you could find yourself in an overly competitive market. If you sell your home directly to Vendre Maison Vite, you’ll be able to sell without worrying about expenses or waiting, no matter what month you call us.
