The decision to buy or sell a property in Canada is never easy, especially since the market has been so unpredictable lately. A million factors are involved that both the buyers and sellers must be mindful of, which vary based on every property. Every property transaction is unique; what helps is knowing all the real estate hacks that you can’t find in textbooks. 

Choosing the Right Agent

We cannot even begin to tell you just how saturated the real estate market is with individuals who don’t have their hearts and are in it for the wrong reasons. You need to find the right real estate agent that has great reviews, impressive videos, and a photo portfolio that you can trust. But the biggest factor? It’s their reputable record that you must look out for. Search far and wide for this agent because you will be able to navigate the real estate market much more easily with them. 

The Sacred Rule of Threes

This one is pretty simple. When you are selling your property, stick to the rule of threes. What does this mean? It means you must wait for three bids on your property before you make a decision. Most people who place a bid on a property know they are not the only ones bidding on the property and are more likely to offer more for it. Who knows? You may end up selling your property fast and for more!

Smart Buying Above All Else

You will unlock excellent decision-making skills when you have a resourceful real estate agent by your side. Purchasing a home, as daunting as it was before, will become much more palatable for you as your real estate agent guides you. However, you must still be smart about it and take your time to purchase a home. Figure out your intentions of purchasing, observe the property plans, and prepare for any contingencies if you have to sell the house again. You can even discuss all of this with your real estate agent! 

Confine Yourself to A Budget

Even if you have a set budget, it is easy to forget it when you see a property that is everything you ever dreamed of. It takes pure determination to find a property you love out of your set budget and say no to it. It’s okay to say no. Your property is still out there. It is essential to know that stretching your budget will mean you will have less money for any repairs to the property if any are needed. 

 

Still have questions? It’s only natural. Reach out to Christine Smith at Homes at blue Mountain to answer all your real estate questions so you can finally purchase the property of your dreams with trusted real estate agents.