Selling a Home in Red Deer

» CHOOSING A REAL ESTATE AGENT
» COMMISSIONS
» PRICING

- Q: Will I get an idea of what my house is worth by touring open houses?
- A: Personally, we feel this is a bad idea! Here is why.
The prices you see at the open houses are the asking prices not the selling prices. These prices can vary largely. So, it is important that you do not base your house on asking prices. Secondly, the general consumer is not familiar with what buyer trends are. What you might like or want, may be something totally different than what the average buyer is looking for. This is where the experience of a real estate agent who works with buyers on a regular basis is very important.

- Q: How do I get an estimate of what my home is worth?
- A: As a complimentary service to potential sellers, we will provide a Comparative Market Assessment that gives you an idea of what your property may sell for if you were to place it on the market.

- Q: What is a Comparative Market Assessment?
- A: A comparative market assessment is simply a calculation of what your property may sell for. To assess what your property might sell for, current sold properties that have similar characteristics to your property are used to compare.

- Q: How is the price determined?
- A: Although a real estate agent can give you an estimate as to what you can expect to sell your property for, ultimately the market is going to determine the price. The sale price of your property is determined by supply and demand: how many properties are for sale, how many of those properties are your direct competition and what is a buyer willing to pay.

- Q:I smoke in my house, is this going to affect how much I will get for my house?
- A: Absolutely! If you are a smoker and would like to sell your house, you must be willing to quit smoking in your home or this will have a serious impact on the price you will receive. You should also have a professional clean your carpets, walls, cupboards and ceilings. With a society that is becoming more and more health conscious, it is extremely important to ensure that you do not smoke in your house while it is on the market.

» MARKETING
» VIEWINGS
» OFFERS
» HOME INSPECTION
» POSSESSION DATE

- Q: What needs to be done before possession day?
- A: There are a variety of things that will need to be done before possession day including shutting off the utilities, changing addresses and getting everything packed! As a service to our clients, we provide a checklist of things that need to get done.

- Q: Do I have to clean my house when I leave on possession day?
- A: There is no provision in the contract that forces you to make sure your house is clean but as a common courtesy to the buyers, you should make sure your property is well cleaned. The buyers have paid a large sum of money to purchase their new home and the most disappointing situation on possession day is to walk into their home only to find it dirty. We have a checklist of items that we provide to our sellers that should be completed prior to possession day.

- Q: What time do I have to be out of my house on possession day?
- A: Technically, the contract states that you will have to be out of the house by noon on the day of possession. We recommend that you try to be out well before noon or even try to be out the day before possession.

- Q: When do the buyers get keys to the house?
- A: The Real Estate Agent that is representing the seller will hold the keys until the seller’s lawyer calls to say that the funds have been received and the keys are releasable. The point when keys are releasable could be at any time during the day.

- Q: When will I get the money for the sale of my home?
- A: If you are purchasing another property then the money from the sale of your home will be used for the purchase of the new property. If there is any money left over, the lawyer will prepare a cheque the same day or the next day after the possession day. There could be a delay if the money from the buyers is not received on possession day. In this case, the cheque would be prepared once the money has been received.

- Q: When do I have to sign papers?
- A: The lawyer will call you approximately a week before possession to have you come in and sign the transfer or title and other closing documents.

» GENERAL

Buying a Home in Red Deer
We can help you BUY absolutely any home for sale in Red Deer and Central Alberta including properties listed with other brokerages and for sale by owner listings. Whether you would like to purchase a starter home in Red Deer, a townhouse in Blackfalds, a half duplex in Innisfail or a million dollar acreage in Red Deer County, we can represent you with the purchase of any home that is for sale in Central Alberta. We offer a free overview of real estate in Red Deer and Central Alberta giving you a summary of all the options for neighbourhoods. If you decide you would like to meet us in person, we are just an e-mail or phone call away! Please feel free to contact us if you have any questions regarding the real estate market in Red Deer Alberta.

Lime Green Realty Inc.

28 Archer Drive
Red Deer, AB
T4R 2V1

Stephen Rochefort 403-505-0066

susan@limegreenrealty.ca

Susan Rochefort 403-877-4663

stephen@limegreenrealty.ca

Your browser does not support inline frames or is currently configured not to display inline frames.