Buyers Are Coming Back; Don’t Get Caught Unprepared
The market is heating up, and buyers are returning. If you’re planning to upsize in 2025, now is the time to start preparing. By following these four steps, you’ll be in a strong position to make your move when the time is right.
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Step 1: Engage Your Realtor (or Find a New One)
Buying and selling a home simultaneously is more complex than a single transaction. You need a Realtor who understands both sides of the market and can guide you through all of your options. Your agent should have a clear strategy for navigating the ups and downs of the market, whether you’re buying first, selling first. Either way you need the strategy for a seamless transition.
If your current Realtor isn’t providing the level of service or expertise you need, don’t hesitate to make a change. The right agent can make or break your experience—and your bottom line.
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Step 2: Talk to Your Mortgage Broker
Before you make any moves, it’s crucial to get a realistic picture of your financing options. Here are a few key questions to ask your mortgage broker:
- Will there be penalties to break your current mortgage?
- Is your current lender the best choice for your next purchase?
- What creative financing options are available to you?
A great mortgage broker will not only answer these questions but also help you explore all your options. Remember, you’re entitled to excellent service; don’t be afraid to challenge your broker or seek out a new one if needed.
(Feel free to reach out if you need recommendations!)
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Step 3: Build a Strategy
With insights from your mortgage broker and Realtor, it’s time to map out your plan. Here are some key decisions to consider:
- Buy first or sell first? Each option has pros and cons, and the right choice depends on your financial situation, the product you are selling and your next purchase (townhouse/duplex/single family home?).
-How long will your closing timeline need to be? Ideally you can line up a perfect closing for so that your home closes just in time for your purchase but if not, will you be able to be flexible for the right home (buy side) or right price (sell side).
A clear strategy will help you navigate the process with confidence and avoid costly mistakes.
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Step 4: Prepare Your Home to List
When it’s time to sell, don’t cut corners. Staging and preparing your home to stand out is an investment that pays off. A well-presented home not only sells faster but also gives you more leverage to negotiate timelines and terms that work for your move.
Here are a few tips to get started:
- Declutter and depersonalize your space to appeal to a broad audience.
- Invest in minor repairs and upgrades that boost curb appeal.
- Work with a stager to highlight your home’s best features.
Remember, the goal is to make your home irresistible to buyers—so it sells quickly and for the best possible price.
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Ready to get started? Let’s build your strategy together. Book a selling strategy session with me today, and let’s make your upsize dreams a reality.
📧 Email: KadeLacasse@gmail.com
📞 Call/Text: 604-401-9199
Book directly into my calendar for a free selling strategy session.