Selling Calgary Homes in a Buyers Market

Selling a House in Calgary - Even in a Buyers Market

Are you selling Calgary home in a buyers market? In a buyers market there is usually an oversupply of homes and less buyers.  Sellers need to understand that they CAN sell their home in a buyer's market if the home appeals to the buyers more than the others. Here are some tips on how to sell a home in a buyers the Calgary real estate market:

1. Make repairs - In a buyers market buyers are especially critical of the homes they are viewing. Most are already scared to buy and worried about potential falling prices and the last thing most buyers want to do is spend more money on a home after they have moved in. . Most buyers will be looking for a turn key property. If your home needs paint, or the carpets are tired - consider these repairs before placing the home on the market. If you notice things that need to be fixed - so will the buyer and it will cost you more in negotiations in a buyers market more often than if you just fixed them first, prior to selling Calgary home.

2. Presentation - Buyers that are wowed by the presentation of your home will be encouraged to make an offer on your home. The home should be clean and well presented - working with a stager is worth the extra effort as a home stager can help make your home " show home worthy ". When a home is presented in perfection, buyers are less likely to see any negative qualities and your home is likely to receive an offer earlier on in the listing period. Even in a buyers market buyers know its hard to haggle down the price of a home when its new to the market.

3. Pricing - If you want your home to sell to the next buyer buying - your home will have to be the best value on the block in order to entice a likely buyer. Look closely at active listings in your competition as well the listings that did not sell. Compare your home to recently sold listings and in downward markets decreases should be considered. 

4. Representation - Not all agents will have the same experience and knowledge. Experience in different seller and buyer markets is essential for a successful sale. Choose wrongly and you might not get the right advice. Never choose an agent because of the price they think they can get. An agent with less experience may not be able to price your home according to the current market trends.  An agent with the experience and expertise can sell your home in ANY market. At Calgarylistings we specialize in selling Calgary homes in any and all markets - take a look at our Calgary real estate marketing plan to get your home to sold. 

Keep track on current pricing, statistics and conditions in the Calgary Real Estate Market on our blog.