Anyone who sells a residential property in Alberta would naturally want to get as much money as possible for it. Having to share the proceeds with a real estate agent can make a significant dent in the financial outcome of such a transaction. The entire process can be navigated with the support and guidance of legal counsel.
One mistake to avoid when going the DIY way is letting emotions rule when deciding on the price at which to list the residence. It might be wise to get an independent third party to help establish a market-related value. It is also crucial for the seller to be prepared for the bidding war and all the other tasks that are typically handled by realtors. One process that can create definite interest is staging the home to highlight its best features and downplay minor deficiencies.
Taking on the workload of the realtor would also require the seller to list the property online and obtain other marketing materials, such as for-sale signs. Research and market analysis can be valuable when it comes to pricing strategy and deciding on the optimal date to launch the listing. Establishing a strong marketing strategy could save a lot of grief and time, and increase the odds of receiving maximum offers for the property.
Even when selling a residence without the services of a realtor, the transaction is best finalized by a lawyer. The seller can hire a lawyer with the skills to assist and advise throughout the proceedings and ultimately facilitate the sale. An Alberta law firm with a real estate department that offers experience and a wealth of knowledge in all aspects of residential real estate can be an invaluable asset to anyone looking to successfully navigate a real estate transaction.
