Q: What are the benefits of using an agent?
A: There is a long list of benefits to using an Agent to help you sell your home. An agent can net you more money, negotiate
better terms and conditions and virtually remove all the worry and concerns from the transaction.
Q: How much is the commission?
A: Commissions are 100% negotiable and may vary depending on the transaction or transactions. This should be discussed, in
person, with the agent to ensure that you are completely aware of any and all costs involved with the sale of your property.
Q: How long does it typically take a house to sell?
A: The city average is approximately 45 days from the list date to the day that an offer is accepted. Our team’s average is
approximately 20 days. It is important to know that the average number of days from the date of an offer to a closing/possession date is approximately 65 days.
Q: What do I need to do to prepare my home to sell?
A: We can supply you with a “to do” list and a list of items that we will require. Generally, we require a Real Property
Report (current, up to date survey) and, if it were a condo, we would require the current condominium documents. Again, each situation is different, so a list will be presented to you.
Q: Do I need a lawyer?
A: Technically, you do not need a lawyer to buy and sell Real Estate in Alberta, but it is highly recommended. This is one more
way to protect your interests in a transaction.
Q: When is the best time to sell?
A: The best time to sell depends on a lot of factors but, generally, the best time to sell is when there is a limited amount of
homes comparable to yours currently active on the market for sale. You should also be aware of any early payout penalties for your mortgage. Avoid those if you can.
Q: Is it okay to try listing the home at a price higher than the agent recommends?
A: When selecting a list price, it should be based on one factor only. That factor is the value range of your property. The
agent, along with the seller, will review recent comparable sales and current listings to arrive at a value range that your home will sell in. The list price should be One or Two percent above that
range. If you decide to try higher than the recommended range, only do that for approx one week and then adjust to the correct price.
Q: What is an “RPR”? Why is it important that I have an up to date one when I sell my home?
A: RPR stands for Real Property Report. This is a current, up to date survey of your property with all structures, fences,
decks and right-of-ways clearly marked. This is the responsibility of the seller to supply.