So you’re looking to sell your Toronto Ontario house and you want to do so fast?
Maybe you have already purchased a new house or are relocating for work. Regardless of the reasoning, you need to sell your house quickly in Toronto and move on.
Unfortunately, homeowners who need to sell their house quickly will realize that they are at the mercy of the real estate market. The market will play a large role in determining whether they can sell quickly and at what price. And as has been apparent recently in our Toronto real estate market… the market is always changing.
What factors influence whether you can sell your home quickly in the Toronto market?
There are various factors that determine whether you’ll sell your Ontario house fast in this market.
Some of those factors include:
- The Canadian economy
- The local economy in Toronto and Ontario
- Interest rates
- The appeal and trends of the neighborhood (is the population growing or shrinking?)
- The condition of your house and whether repairs or updates are needed
- The listing price of your house
- The listing price of similar homes in the neighbourhood
… and many more.
You may not have the luxury of waiting around for home prices in your neighborhood in Ontario to rise. Instead, you have to work with the realities of the current market – especially if time is not on your side.
The four steps to sell your Toronto house fast
Here are our top strategies for selling your house fast.
First, keep in mind that your house isn’t the only one for sale.
There are plenty other local Toronto homes for sale and each one is competing for the hard-earned dollars of the buyer. Rather than simply choosing a price that you’d like to get for your house, figure out what similar homes in your neighborhood sold for. Don’t forget to look at the comparable condition of the house too. And just because you’re house is the same size as your neighbours doesn’t mean that you’ll get the same asking price. The number of bedrooms and bathrooms and the condition of the house make a big difference.
Second, think about who is your target buyer for the property.
Is it a young couple purchasing their first home? Is it a retired couple looking to downsize? Is it a family with multiple kids? There are many diverse types of buyers and their reason for buying a home will be determined by family, career, and more. Understanding this will help you with the third point….
Third, invest some time, money, and energy into getting your house ready for the right buyer.
If the optimal person to buy your house is a young family then perhaps you’ll want to make sure that you have a great backyard with a swingset. Or perhaps your house is near a busy street and you’ll want to ensure you have a fence around the yard to protect the kids from running onto the road. If you’re targeting a retired couple, then maybe you’ll want to make sure the landscaping is very low maintenance.
Fourth, work with a local Toronto Ontario realtor who can help you prepare your home, list it, and close the deal.
Real estate agents are experts at helping you sell your house. There is no shortage of agents here in Toronto to work with. If you want a referral to a reputable agent with an outstanding track record, just give us a call at 647-490-1334 and we’ll be glad to give you some names. When you’ve followed the steps above and prepared your house to sell, you’ll put the realtor in a great position to sell your house fast.
When you follow these four simple steps, you have a great chance of selling your home quickly. However, sometimes you can’t spend the time preparing your property or your time constraint doesn’t allow for waiting on dozens of people seeing the place before receiving an offer. Luckily there’s another option if you need to sell even quicker!
How to sell your home quickly in Toronto
Not everyone has the time to look around and determine what other houses are selling for. Circumstances arise where you there is not enough time or money to be spent on making repairs, renovating a property and getting it ready to sell. And in those cases, there usually isn’t enough time to find an agent, have them market your house and then wait for an offer.
Fortunately, if you’re in this scenario, you can bypass all these steps quickly and easily by selling your house to a local real estate investment company for cash. At Cash House Buyer GTA, that’s exactly what we specialize in: we buy houses FAST.
Homeowners who simply don’t want the hassle or who don’t want to endure the long wait times but just want to sell their home quickly can do so with one phone call to 647-490-1334.
This is perfect for homeowners who are facing financial hardship and are unable to wait for an offer (if it ever comes) by listing on the market. And, it’s perfect for homeowners in other circumstances of distress such as a divorce or death in the family. When these events happen, the last thing you want to do is think about painting the house so it’s perfect for someone else! It’s much easier to simply pick up the phone and sell your house with one phone call.