How do I sell my house in Winnipeg?
By: Realtor Scott Moore
First of all, you’ve come to the right place. We are experts in selling homes in Winnipeg, and we would be happy to help. Here’s what the process looks like.
Find a great realtor. Browse through our realtors https://www.themooregroup.ca/our-group and pick someone you feel like you will connect with.
Set up a meeting with the realtor you chose. Usually this is in person at your home so that your realtor can see the home. This is also an opportunity to get to know each other and discuss the strategy and game plan as well as commission and marketing options. If you are planning to purchase a home as well, that will be a part of the discussion too.
Your realtor will take the info from that meeting and do some research. Your realtor will send you data on comparable sales, the city of Winnipeg assessment and the current market conditions. Your realtor will also start putting out feelers for buyers that might be interested in seeing your home off-market.
Once you have decided on a price and dates for the listing, you will sign a whole lot of paperwork. Our office will send you a full schedule of events, from the date the sign will go up to your open house! Everything will be crystal clear.
You’ll probably have work to do to get the house ready. Here are some of our best suggestions for preparing for your home: https://www.themooregroup.ca/blog/preparing-your-home-for-an-a1-photo-shoot
On list date, you’ll get an email from us once the home is listed. At that point, realtors will start requesting showings. It really is best if you can accommodate all of the showings, even though it can be tricky.
Eventually you’ll get the call: there’s an offer (or two, or even three!). Your realtor will go through it with you, and discuss price, conditions, deposit, inclusions, and possession date and then craft the best possible offer.
Offer accepted! Yahoo!
Next up is for the buyer to satisfy their conditions (commonly financing approval or inspection). If their offer was subject to financing, their bank will usually want to send an appraiser to look at the home, which usually takes about 20 mins or so. If it’s subject to a home inspection, the buyer, the realtor and the home inspection will be present at the inspection, which usually takes about 3 hours. Once these are satisfied, then you will receive a document removing the conditions and you will have a final sale!
If you are selling a condo, the buyer will get a full file of documents about the condo corporation and they have 7 full days to review them. The cooling off-period will expire once the 7 days passes, and then you will have a final sale
Offer declined, don’t worry. You never have to sell your home, and if the offer wasn’t reasonable for you, there’s no reason to accept it.
Final sale! Congrats! Next is planning for your move and changing your address. https://www.themooregroup.ca/blog/2019/02/13/2019-2-13-changing-your-address-in-manitoba You should hear from your real estate lawyer at least 2 weeks before possession date to set up an appointment to sign the documents and provide keys. On the day you move out, make sure to take the meter readings for gas, water and hydro and call them in.
Congrats, you did it!