Investigating Local Calgary Real Estate to Aid in Selling Your Home

Category: Calgary
Published: 09 March 2015

Nothing is more important when it comes to selling your home than to investigate and analyze the competition other buyers are likely to view in the Calgary area. Most listings that end up stuck on the market for years at a time occur due to ignorance to local Calgary real estate trends. By learning how to recognize and respond to these trends, selling your home should be achievable in no time at all.

Obtain A Comparative Market Analysis for Relevant Calgary Real Estate

Most real estate agents will offer a comparative market analysis for free. Contact a local agent and obtain such a report, making sure that statistics relevant to your home are included. Relevant aspects to investigate in such a report may be the value of homes in the local neighborhood, listings that recently sold as well as that are still on the market and the expected demand for housing. Homes that have recently sold will act as a potential benchmark for your asking price. According to About, "Homes that have closed within the past six months are your comparable sales. These are the sales an appraiser will use when appraising your home for the buyer, along with the pending sales (which will likely have closed by the time your home is sold). Look long and hard at the comparable sales because those are your market value."

Visit Open Houses and Meet Interested Buyers

One of the best ways to find potentially interested clients is to not only hold your own open house events, but to also visit other open houses in the Calgary area. Not only will this give you the chance to speak with those currently in the market for a new home, but it will also illustrate the level of standards that similar priced listings demand.


tags Tags: Calgary Real Estate