There are three important things to think about when pricing your Nanaimo property. First, the greatest opportunity you have to sell your home is when your property is new to the real estate market. Next, that means that pricing your home accurately is extremely critical to your success. Which means that over pricing your home - something that many inexperienced sellers try to do - will reduce the pool of interested, qualified buyers by almost half.
Wondering what the top tips are for selling your home in today's Nanaimo BC real estate market? First of all, be sure to declutter your home. You want a prospective home buyer to imagine that they are living in your home, not you. Next, seriously consider staging your home for sale, especially if it is vacant or your furnishings are older and outdated. Your Realtor can give you tips on whether or not home staging makes sense for you.
When you are looking at condos for sale in Nanaimo BC you should keep in mind that buying a condo is not like buying a house. Condos typically come with a lot more amenities than do houses, things like social areas, swimming pools and club houses. There are also fees for the utilities, maintenance and repairs costs, so it is important to know which ones you will pay for and which expenses are in included in the monthly Strata.
If I were to sell my home in Nanaimo the best thing that I would like to see is a bidding war, where there are two, three or more qualified and highly motivated buyers that want my home. If you are a buyer in the middle of a bidding war, Realtors in Nanaimo will tell you that you should Put Your Best Offer Forward, Limit Your Contingencies, and know what really Motivates The Seller.
With so many Nanaimo neighbourhoods to choose from how to you find one that's right for you? First, visit the neighbourhood that you like at several different times, weekdays, evenings and weekends. Next, make note of the differences during the different times - things like many parked cars or barking dogs. Then, talk to the neighbors. Tell them you're looking at different parts of Nanaimo to buy in and see what they have to say about what's good and what's bad about where they live today.
When you're looking at Nanaimo real estate for sale it's a good idea to focus on three bedroom homes rather than two bedrooms. That's because a third bedroom will give you multiple options like a home office or entertainment area. Plus, you will always find a use for the extra space and when it comes time to sell your home in Nanaimo having a third bedroom will be very attractive to buyers.
The three top common mistakes that people buying homes for sale in Nanaimo make are to shop for homes that are not in their price range, look at houses in neighborhoods that they do not like, and not have enough money saved up to pay for their closing costs. Surprisingly very few home buyers in Nanaimo have a good idea of how much money their closing costs will be when buying a home in Nanaimo!
If you want to take the stress out of buying real estate in Nanaimo BC, the most important thing you can do is to get your lender to preapprove you before you even set foot in your first open house. Getting preapproved means that you have given your mortgage broker all of the financial documentation that they need and they have told you how much of a mortgage you can qualify for, so that you know the price range of the houses for sale in Nanaimo that will be in your price range.
If you are considering purchasing a home for the first time in Nanaimo here are the top five reasons why you will want to have some money saved in the bank before buying real estate in Nanaimo: Down Payment, Closing Costs, Cash Reserves, Moving Costs and those ever so unexpected but not so uncommon Miscalculations!
What the buyer sees when he first looks at your home for sale, stays with him for a long time. Be sure your home makes a good first impression. Don't ignore the front yard and entry way of your home. Buyers who see a home for sale that looks unappealing from the outside, just move along to the next listing without ever going through the door! Once the buyer goes through the door, staging your home with a few decorating changes will help him feel this is a home he might want to live in.