Frequently Asked Questions About Selling Your Home
What is an RPR and why do I need one?
A real property report (RPR) is a survey of your property, that shows the location of your home as well as any decks, fences, utility right of ways, easements and other improvements. The standard purchase contract includes a number of warranties, including the location of all buildings and the fact that they don't encroach on neighbouring land or break any relevant laws. A real property report with compliance is proof that those warranties are true. Here is an article that explains everything you need to know about real property reports.
Should I sell my home, or buy a new home first?
This requires a lengthy answer, we've created an entire page on this site to help you decide whether to buy or sell first. A real estate agent can also help you with this answer.
I'm ready to list my home, how long will it take to get it on the market?
That will depend on the real estate agent you choose. At Liv Real Estate®, we need time to stage your home, get professional photos taken and edited, and the Liv REAL3D™ walk through produced. We set up a web page for your property and do quite a bit of marketing before your home even hits the MLS® system. It usually takes 1-2 weeks to complete our pre-marketing activities and get your home on the MLS® system. The first two weeks on the market are the most important, so we make sure everything is ready and in place so we can make the biggest impact when your home comes on the market.
What is a CMA?
CMA stands for comparative market evaluation, and it's an opinion on the value of your home, based on recent comparable sales, as well current and expired comparable listings. You can get an instant evaluation on our web site, or request an online evaluation, or an in person consultation; each type of evaluation is free and there's no obligation to work with us. The instant evaluation is the least accurate evaluation and an in person evaluation (where we actually come and see your home) is the most accurate evaluation. The market is always changing, so evaluations need to be updated frequently, every new listing and sale in your neighbourhood can affect your value.
More answers to frequently asked questions coming soon...