Search Online Property Sites — Because They’ll Give IRL Experience Some Context
Millennials are the largest group of home buyers today, according to a NATIONAL ASSOCIATION OF REALTORS®’ (NAR) report, and they overwhelmingly start their buying journey — where else? — online.
The internet is there for you as well — to an extent — when you’re ready to sell your home.
Online property sites like Xproperties.ca can give you a sense of local real estate trends, including your city’s median listing price, median closing price, and the average price per square foot. As you search, there are a couple important things to do:
- Pay attention to houses in your area that are similar to your own in terms of size, attributes, and location. When you work with a listing agent to price your home, these houses will provide the main criteria for setting the amount.
- Take notes about from the pack. As you look at online listings, think carefully about why your house is worth more or less than similar houses in your community. The better you’re able to articulate these nuances to your listing agent, the better prepared the agent will be to list your home at an accurate and competitive price.
Having this information can also give you confidence in the price your agent ultimately recommends — you’ll know what’s standard for the market, and how the price determined for your house lines up. If there are discrepancies, talk to your agent about how he or she arrived at their price. Unlike the internet, he or she can give you a complete picture of what your home’s price should be and why.