Seller's FAQ
How much is my house worth today?
Your home’s value depends on several key factors — recent comparable sales, current market trends, your property’s condition, and what buyers are looking for in your area. I provide a personalized, data-driven Home Evaluation that goes far beyond online estimates. With a detailed CMA (Comparative Market Analysis) and local insight, I can help you understand your home’s true value in today’s market so you can make confident decisions about your next steps.
Can I sell my home on my own?
You can choose to sell your home independently, though it requires extensive knowledge of pricing, marketing, legal documentation, and negotiation strategy. Many homeowners prefer to work with a professional real estate agent to minimize risk, maximize their sale price, and ensure a seamless, well-managed experience.
What is the best time of year to sell?
The best time to sell typically depends on the type of home and the current market. Spring and early summer are traditionally strong seasons because buyer activity increases, but well-priced and well-prepared homes can sell successfully at any time of year.
How long will it take to sell my home?
The timeline for selling your home depends on market conditions, pricing, location, and how well the home is prepared. In Edmonton, many homes sell within a few weeks, though some may take longer. It’s helpful to review current market data and compare your home to similar properties so we can set realistic expectations and get a clearer idea of how long your sale may take.
What should I do to prepare my home before listing?
Preparing your home before listing can make a big difference in how quickly it sells and the price it achieves. Focus on cleaning, decluttering, minor repairs, paint touch-ups, and enhancing curb appeal. We can also provide guidance on which improvements will have the most impact in the Edmonton market and connect you with trusted vendors if needed.
What costs should I expect when selling my home?
When selling your home, most of your expenses are paid at closing, but it’s helpful to know what to plan for ahead of time. Common costs include:
- Real estate commissions: Typically paid from the sale proceeds and split between the listing and buyer’s agents.
- Legal fees: A real estate lawyer will handle the closing documents, title transfer, and payout details.
- Mortgage payout or penalties: If you still have a mortgage, your lender may charge a discharge fee or pre-payment penalty.
- Repairs or touch-ups: Small fixes, paint, or maintenance to help your home show its best.
- Staging or cleaning: Optional but can help increase appeal and attract more buyers.
- Condo fees or special assessments: If applicable, these must be up to date before closing.
- Property taxes or utilities: Adjusted based on the possession date.
Do I need a lawyer when selling my home?
Yes – in Alberta, you’ll need a real estate lawyer to complete the sale of your home. They handle all the legal paperwork, transfer the title, coordinate with your lender, manage the payout of your mortgage, and ensure funds are transferred safely on possession day.
Do I need to fix everything before listing?
Not necessary. Buyers expect normal wear and tear. A few smart touch-ups can make your home shine, but you don’t need to renovate. We can help you prioritize what truly matters so you don’t overspend.
How do property taxes work when selling?
When you sell your home, property taxes get split between you and the buyer. If you’ve paid ahead, the buyer pays you back for the days after they take possession. If you still owe taxes, that amount comes off the final settlement so both sides only pay for their fair share.
How much will I actually walk away with after the sale?
Your take-home amount depends on a few factors: your sale price, your remaining mortgage balance, legal fees, commissions, property taxes owing, and any other closing costs. Once those are deducted, the rest is your net proceeds – the amount you actually walk away with.
Real Estate 101: Simplified. Visualized. Demystified.
The Seller’s FAQ doesn’t stop here. We have meticulously summarized and organized every common question you might encounter on your real estate journey. Whether you’re a first-time buyer, a relocator, or a seasoned investor.
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