Prime Edmonton Real Estate - First impressions are vital in real estate. So if you're looking for an agent, make sure you have the necessary financial considerations in place. If you're selling your house, be prepared to show your home as soon as possible. All this takes time, and depending on the condition of your house and your finances, it could take a lot of time.
Buying a home is a complicated process, as it includes a number of factors that are to be considered for your decision. It is one of the most significant investments you will ever make. Hence, selecting the right real estate agent is utterly important and before you consider who your agent will be, you need to cover the following steps:
Get Your Mortgage Pre-Approved:
It is crucial to learn what mortgage options are available for you, before you contact a real estate agent. The price, interest rate and term of your mortgage are a few factors that determine the home you can afford.
Understand this that being pre-qualified for a mortgage is not the same as being pre-approved. Both these processes involve analyzing your debts, income and assets. Only a pre-approval involves an official mortgage application.
Research and Study the Market:
Keep in mind that while you can research real estate ads online and in print, you will only be able to learn the asking prices. The mortgage for which you are pre-approved will determine the price-range of homes you should research. But if you are selling your house, you will need to know the market for homes similar to yours in your area. A real estate agent will show how long homes have been on the market, any price reductions and most essentially, the closing prices.
Don't fall in love with any property while researching the market because there are chances that the property won't be there by the time you're ready to buy, especially if you have to sell your home first.
Sell a Clean Home:
The appearance of your home is just as important as its cleanliness. When it comes to selling your home, a clean toilet, dust free rooms, etc. will create an impression that will last long. Pride of ownership appears when your home is neat and tidy, while advocating that the place was well maintained, loved and cared for. Small fixtures, light shades and tiny spaces are havens for dirt and insects. So make sure you thoroughly check and clean your house before showing it to prospective buyers.
Did you know it is important to not only impress the buyers but also your real estate agent? Hence, it is vital to stage your house appropriately. Prepare your home for an open house before your agent visits your house, as that will help the agent to see the full potential of your house and that will ultimately help him market the property better.
Repair, Repaint and Replace:
Make sure to replace your roof if it is damaged. Also ensure if there are patches on your wall, or if the paint appears dull, you can spend some extra dollars to repaint. Re-painting with neutral colors and replacing unwanted things from your room will help buyers imagine themselves in your space so that they can get a clear picture.
Just like buying a laptop requires research, homework and preparation, it is equally essential for you to do the same before hiring a real estate agent. You definitely need to know whether your real estate agent is qualified, skilled and well-versed with his profession or is he only a pro acquiring heavy listings. Also check Everything You Ever Wanted to Know About Real Estate Agents to make your evaluation simpler.