3 Challenges of Selling a Home

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There are sets of challenges, which home sellers have to go through when they want to sell their properties. In these short post we’ll discuss 3 of those challenges you have to deal with, including: choosing a realtor, pricing and renovations.

Choosing a Realtor
Homeowners put one of their largest assets on the line when they sell their home. That’s why finding the right real estate agent can make the experience less stressful. The requirements for real estate licensure vary among states, and agents can become certified in specific areas of the market with additional education and training. Ask a prospective real estate agent the following: What is your work experience and knowledge of the area, do you belong to the Multiple Listing Service (MLS), how many homes have you listed and sold, and what is your commission. Choose the agent that offers a comprehensive marketing strategy and has a history of success. Source: Homeguides.sfgate

Pricing
Depending on how prepared you are and the market trends, you might sell your home at profitable margins, on the losing edge, or simply at a loss. Determining the price does not come easy with the changes witnessed in real estate market. One service you would want to seek is that of a property appraiser.
Each home is different and although similar designs of houses may attract similar prices, there might be design issues and location differences, which could affect the price. An appraiser could provide you with an appropriate price tag based on many factors including the cost of building the property, existing faults, renovations done and changes in market value. Source: Charlie.realtytimes

Renovations
If your home is in need of renovation, it may cool interest from buyers. Renovations may help the house sell quicker, but you may not recoup your investment. This means you need to decide what is more important, selling fast or selling high. If you decide to renovate, you will also need to consider the timeline for having them done so that you can begin showing the house. Source: Budgeting.thenest

Contact:
Gary Wong, MBA
Macdonald Realty,
2105 West 38th Avenue,
Vancouver,
V6M 1R8
Phone: 778-862-9787
Office Phone: 604-263-1911
info@www.garywongrealty.com

What Our Clients Say

“I think Gary’s a very professional Realtor, that’s not just coming from me as a Mentor, it’s because I’ve worked with him, he truly cares about the client… You want to work with someone who is caring.”

Dan Lok Multi-Millionaire Entrepreneur & Investor, aka The King of High-Ticket Sales

I know so much realtor, but he’s the best one. Once I talk to him about the investment, he’s thinking, “Okay, this is the only person I trust.” Usually I just refuse to have any connecting with a salesperson or a realtor, but he’s only the exceptional one. Make friends with him.”

Yvonne Yang Entrepreneur, Vancouver

“It’s because of [Gary’s] knowledge, his insight, the way that he analyzes and he’s able to put real estate in perspective… he really is genuinely interested in me and what i’m looking for, that blew my mind… because he knows the market and he specializes in the luxury market he’s really able to provide that insight”

Peter Leung Serial Entrepreneur, Business Strategist, aka The Global Real Estate Investor

“The word professional sums up Gary, extremely knowledgeable… extremely honest, he didn’t sugar coat things… Gary will get it done, he’s done it for me, he’s done it for lots of people I know.”

Carlos Garcia Regional Engineering Sales Manager

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With my help, and my team, we’ll make sure the process is smooth, straightforward, and as simple as possible for you. As an award-winning REALTOR®, my team and I work with diligence to help you achieve your goals. We’ll deliver exceptional results with attentive care.

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