H1: "Selling Your Home in Vancouver: Expert Advice" H2: "Preparing Your Home for Sale" H2: "Choosing the Right Real Estate Agent" H2: "Pricing Strategies for Sellers"

Seller's Guide

Step 1: Preparation and Research

​Before you list your property for sale, it's essential to do some initial preparation and research:
  1. Determine Your Motivation: Understand why you're selling your property. This will help you set realistic goals and make informed decisions throughout the process.
  2. Market Analysis: I will provide data and information about the current real estate market in your area. This will include researching and analyzing recent sales of similar properties to determine the market value of your home.
Step 2: Property Evaluation

Now it's time to evaluate your property and make necessary improvements:
  1. Curb Appeal: Enhance your property's curb appeal by cleaning, landscaping, and making small repairs. First impressions matter.
  2. Staging: Consider staging your home to make it more appealing to potential buyers. This can include decluttering, rearranging furniture, and adding tasteful decor.
  3. Pre-Inspection (If applicable): A pre-inspection report (for the building, oil tank search... etc) can be a valuable marketing tool, depending on your property's age and condition. It serves several purposes. First, it confirms the soundness of your property and highlights any potential issues that buyers might raise during negotiations. Second, it allows you to address these issues proactively before listing, giving you control over the inspection process. ​Third, providing this report to serious buyers before they make an offer can instill confidence, potentially leading to the removal of the subject to inspection clause, shorter transaction timelines, and even 'subject-free' offers.
​Step 3: Setting the Right Price

Pricing your property correctly is crucial:
  1. Market Value Analysis: I will work with you to determine the optimal listing price by analyzing active competitive listings on the market and similar sold properties in the area through my Comparative Market Analysis. This analysis will be conducted to establish the fair market value of your home.
  2. Set Asking Price: Setting the right asking price is crucial because it directly impacts the level of interest from potential buyers. Pricing too high can deter buyers, while pricing too low may lead to undervaluing your property. A well-calibrated price can attract serious buyers and optimize your chances of selling at the best possible price.
Step 4: Marketing Your Property

Your agent will help you market your property effectively:
  1. High quality Photography: Capture high-quality photos, virtual tour videos, and a floorplan of your property for online listings and marketing materials. These assets enable both local and out-of-town buyers to gain a better understanding of the home before scheduling an in-person viewing.
  2. List Your Property: I will list your property on multiple real estate websites like www.realtor.ca, www.rew.ca, MLS. (Multiple Listing Service) and greatly enhance your property's visibility and appeal to potential buyers.
  3. Open Houses: Consider hosting open houses to attract potential buyers and generate interest. ​Additionally, I will listen to their feedback and comments to improve our listing.
  4. Private Showings: Accommodate requests for property showings while maintaining your home in pristine condition. Be sure to schedule showings at your convenience to minimize inconvenience for owner occupied property, or communicate with the tenant for showing notices for tenanted property.
Step 5: Offers and Under Contract

As prospective buyers show interest and offers come in, you'll need to manage the sale process effectively:
  1. Review Offers: I will present the offers that we received in timely manner. I  will provide you with a clear understanding of the key terms and conditions in the contract. We will evaluate each offer carefully, considering price, contingencies, and closing timelines.
  2. Negotiation: I will listen to your needs and concerns, and work with you to develop the best strategy for responding to offers and crafting counteroffers, aiming to achieve mutually beneficial terms for both you and the buyer.
  3. Under Contract: Once you have accepted an offer, you will enter the under-contract phase. The buyer may conduct inspections and an appraisal. I will address any issues that arise during this process. Also, we will cooperate with the buyer's contingencies, and exercise reasonable care and diligence in addressing potential issues that may arise.
Step 6: Closing
You're almost there! The final steps involve completing the sale:
  1. Communicate with your current mortgage broker: Once we have accepted offer and the buyer has removed all subjects and paid the deposit, talk with your mortgage broker about the transaction so that the mortgage can be paid out once the transaction is completed and clear title for transfer.
  2. Find a Notary for Conveyancing: Find a law firm or a notary public with real estate services to ensure a smooth and legally compliant closing process and the ability to receive funds from the buyer's notary. The adjustment statement will show how much expense you will pay out and how much remains to be received.
  3. Clean and Vacate: Thoroughly clean the property and vacate it in accordance with the terms of the contract.
  4. Notify Utilities: Inform utility and relevant companies of the change in ownership.
  5. Celebrate: Celebrate your successful sale and use the proceeds as planned.
Why choose Richard as your listing agent?

Selecting the right listing agent is a pivotal decision for the successful sale of your property, and I am confident in my ability to serve as your listing agent and represent your interests. With years of experience as a realtor and a proven track record of success, Richard possesses the knowledge and expertise to guide you through the selling process seamlessly. Furthermore, he is renowned for his exceptional customer service and strong communication skills, ensuring that you are kept informed and involved at every stage of the process.
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Don't waste any more time with less-than-stellar real estate agents. Choose to work with Richard Leung and experience the difference that a truly dedicated professional can make. Richard is fluent in English, Cantonese, and Mandarin, catering to a diverse range of language preferences among our clients.
Get a free, no oblivation home evaluation from Richard!
RICHARD LEUNG |  SUTTON GROUP - WEST COAST REALTY 
PHONE
604.724.7620

​EMAIL
​[email protected]

WORK HOURS
9AM-9PM
​OFFICE PHONE
604.714.1700

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301-1508 W. Broadway,
Vancouver, BC V6J 1W8
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