The Most Frequently Asked Questions For Realtors In Kitchener

frequently asked questions realtors in Kitchener

Kitchener enjoys an outstanding balance between nature's greenery and modern city life, so whether one wants to stroll through the park for fresh air or get into the vibrant city atmosphere, Kitchener offers them both! Life in this city is great, and the multitude of people looking to relocate here confirms it. 

This is why Kitchener real estate market has seen a significant boom in recent years, as homes are increasingly in demand. If you're one of the people with a property for sale in Kitchener, then surely you know all the reasons for this exponential growth. According to SaveMax Kitchener listings, more than 600 homes are on the market now, all with unique features. 

In such a large market, it is clear that the competition is also tough, so it is natural to wonder whether your property will sell quickly and at a good price. The best advice you can follow in this case is to hire a reliable Realtor who can help you and answer your questions. To give you a helping hand, below are the most common questions for Realtors in Kitchener: 

Is A Home Inspection Needed? 

Inspecting a house before selling is always a good idea and brings many benefits. First, you can set a fair price for your property and have a legitimate reason to stick to it when someone makes a lower counteroffer. 

Secondly, you are prepared to give buyers what they want. Many people want to see a document detailing a home inspection before they buy a property. If homeowners can't provide it, they often hire their own inspector to see whether or not it is worth buying. 

If There Are Problems With The House, Should I Fix Them Or Lower The Price Of The Property? 

The best answer to this question from real estate agent experts is to fix everything you can within reason. It may not seem tempting to spend the money on fixing the water system or repairing the roof since you will be leaving and not using them anyway, but it is recommended. Why? For two simple reasons: 

1. It Increases The Value Of Your Home 

You can't compare a house with defects and damage to one with everything in place. So it’s clear that a house in good condition will have a much higher starting price. 

2. It Increases The Chances Of Selling The House 

Nowadays, house prices are overwhelmingly high, and a family or young couple who are already paying a lot of money for a property can no longer afford to make major repairs afterward so that they can live in the house. They will opt for a house that has everything in place. 

How Can I Find Out If My Property Is Overpriced? 

Most of the time, individual sellers set an above-market price for their homes, but this rarely happens when you decide to sell through an agency. Why? Because a realtor knows what the market price is and can guide you through setting an appropriate listing price. If you have a lot of showings but no offer to buy, the price is likely much higher than the house is worth. 

Can I Still Live In The House After I List It? 

Until you sign the sale papers, the property is yours to use. You can live in it for the entire duration of the sale process. However, selling a house comes with one small exception. When the potential buyers come to view the property, it would be preferable that you, the rest of the family members, and pets, if any, are not home and the house is in impeccable shape. 

However, these periods are relatively short, just a few hours, and can be arranged with your realtor at your convenience. Most of the time, visiting hours are set during the day while children are at school and adults at work, but this can be changed according to preference. Just talk to your realtor. 

How Do I Prepare My House For A Showing? 

When you decide to sell your home, you should remember that first impressions carry a lot of weight in a buyer's decision. A house that is clean, tidy, full of natural light, and thoroughly organized will make a good first impression. And you surely want that! 

So, to achieve this, make sure that the house is completely clean, including the attic, garage, and basement. If any, the interior courtyard also carries weight and adds to your property, so don't forget about it. 

Although it may seem unimportant, small details like taking out the trash or hiding toiletries can make a difference! And speaking of details, everyone has their own preferences for smell, so keep it simple. Don't use strong room fragrances, and be careful what you cook the night before, so there is no smell lingering in the kitchen the next day. It is best to air out the rooms and let them speak for themselves! 

How Long Will It Take To Sell My Property? 

This is the question that every seller wants to hear: as soon as possible! And that is the goal of your realtor, but it is not the only one. The price it sells is also very important, so if you are unhappy with the first offer, you don't have to accept it. 

On average, properties in Kitchener sell in a minimum of 4-6 weeks, In some cases 6 months to a year. Of course, if selling your home is urgent, it can be resolved even faster. In this case, however, you may have to reduce the initial price if no buyer can be found in time to pay the amount you are asking.

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