{"id":2750,"date":"2016-07-20T10:10:14","date_gmt":"2016-07-20T17:10:14","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=2750"},"modified":"2016-07-17T12:45:33","modified_gmt":"2016-07-17T19:45:33","slug":"home-selling-101-so-you-want-to-sell-heres-what-you-need-to-know","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2016\/07\/home-selling-101-so-you-want-to-sell-heres-what-you-need-to-know\/","title":{"rendered":"Home Selling 101 : So You Want to Sell? Here\u2019s What You Need to Know"},"content":{"rendered":"

As the housing market continues to rebound from the depths of the Great Recession, many homeowners find themselves ready to make a move.<\/p>\n

There are several things driving home sales. One of the main strengths of today\u2019s market is in move-ups, according to Budge Huskey, Coldwell Banker Real Estate CEO. Existing homeowners are looking to upgrade to bigger or more luxurious homes from the starter homes they purchased in their younger years. Many have waited until they were sure their homes would sell for a decent price.<\/p>\n

\u201cMore sellers are confident about putting their homes on the market because of the solid growth of the economy,\u201d he said.<\/p>\n

Adding to the sales volume of existing homes is that many graying boomers are downsizing from their family-sized empty nests into smaller places more suited to their current needs.<\/p>\n

A third factor buoying sales is that the warming economy has more people moving because they found a new job, been reassigned by their companies, or to look for work.<\/p>\n

Whether they\u2019re relocating across country, downsizing from an empty nest or trading up to a bigger house, homeowners intent on selling have a lot to think about.<\/p>\n

Among the many recent trade-up sellers are Jessica and Matt Allcock, a 30-something couple from Cincinnati with a three-year old son and another boy on the way. Jessica thought for years about a new home, but the coming addition to the family pushed her to make her dream a reality.<\/p>\n

The couple\u2019s three-bedroom ranch, which they bought eight years ago, was just a little too compact at just over 1,000 square feet and she craved more closet space.<\/p>\n

The first step was to find an agent. There are three basic choices: Selling it yourself; selling through a fee-for-service brokerage; or opting for a full-service brokerage. The Allcocks asked friends and relatives for recommendations and decided on a full-service brokerage, the Oyler Group with Coldwell Banker West.<\/p>\n

\u201cWe weren\u2019t comfortable with the idea of handling a lot of the sale ourselves,\u201d said Jessica.<\/p>\n

They bonded with agent Scott Oyler right away, who, they felt, gave them good advice from the start.<\/p>\n

\u201cHomeowners are emotionally invested in their homes,\u201d said Oyler. \u201cThat\u2019s one good reason to have an agent for their sound, objective advice. Even when I sold my own home, three years ago, I had a couple of our agents go through the house for a good gut check.\u201d<\/p>\n

In the Allcock\u2019s case, Oyler met with the couple and examined the house, a well-kept brick ranch on a big lot in a suburban area within city limits.<\/p>\n

\u201cHe told us what we needed to do to get the house ready to sell: Do some repainting; declutter, paint the deck,\u201d said Jessica. \u201cIt took three months.\u201d
\n\u00a0<\/strong>
\nPlan Ahead<\/strong><\/p>\n

Oyler said it\u2019s important for sellers to take their time getting a home on the market, like the Allcocks did. Just as sellers have an emotional attachment to their homes, buyers can fall quickly in love with a property. But there are condition issues that can turn off buyers.<\/p>\n

\u201cI make a list of all the things they need to do to prepare the house for sale,\u201d said Oyler. \u201cIf something needs to be fixed, get it fixed. I would rather a seller take time to get a house fully prepared for the market rather than try to go for a quick sale.\u201d<\/p>\n

The prep paid off for the Allcocks.\u00a0 \u201cWhen he came back to see it, he thought he could sell it for more than we originally thought,\u201d said Jessica.<\/p>\n

Home Selling 101 : So You Want to Sell? Here\u2019s What You Need to Know<\/a> by Les Christie | Coldwell Banker Blue Matter<\/p>\n","protected":false},"excerpt":{"rendered":"

As the housing market continues to rebound from the depths of the Great Recession, many homeowners find themselves ready to make a move. There are several things driving home sales. … [read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-2750","post","type-post","status-publish","format-standard","hentry","category-real-estate"],"yoast_head":"\nHome Selling 101 : So You Want to Sell? 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