Every home seller dreams of accomplishing the best sale possible. This usually means selling in a timely manner and for the highest dollar amount.

Buyers don’t just decide to make an offer above the listing price out of generosity. Instead, it’s the result of a well-coordinated selling strategy that makes them fall in love with the property and feel determined to buy it.

If you’re looking to sell your Calgary home for the best price possible, you’ll want to consider these tips.

Why Do Calgary Homes Sell Above Asking?

Nothing is ever guaranteed when it comes to selling a home. It doesn’t matter what current market conditions are like, there will always be several variables that can make or break a sale.

When a home’s final sale price exceeds the initial asking price, it’s often because there were multiple interested buyers. This degree of competition between buyers can spark a bidding war that drives the price up until one buyer remains.

That said, above-asking offers aren’t always the result of a bidding war. In some cases, seriously motivated buyers who really like your home may make an extremely competitive offer with a short expiration window. This is called a bully offer. In these situations, the buyer is trying to preemptively outcompete everyone else by making an offer that’s (in theory) too good to turn down. As a seller, bully offers do come with some risk, and they can be stressful too (hence the name). Your real estate agent can help you decide the best course of action should you receive one.

Thinking about selling your Calgary home? Explore these related blogs for more advice.

How to Build Buyer Interest

What do bidding wars and bully offers have in common? High buyer interest. Even in a hot seller’s market, most buyers won’t pay over asking for a home unless they really love it. So, if you’re looking to sell your Calgary house above the asking price, you’ll want to do everything you can to make buyers feel like it’s their dream home. Here’s how.

Pick the Right Agent

Hands down the most important aspect of your home sale is the real estate agent that you choose to hire. They’re in charge of making sure it looks great, is staged properly, and reaches as many potential buyers as possible – not to mention advocating for every last dollar during negotiations.

With all that in mind, it’s important to be selective when hiring a Calgary real estate agent. Look for someone who is experienced, knowledgeable about your neighbourhood, and has a strong record of sales under their belt already.

Searching for more advice on finding the best agent for your home sale? Click here.

Don’t Price Too High

If you’re looking to sell your home for the most money possible, you won’t want to overprice it. Some sellers think they can simply price their house on the higher side and wait for buyers to negotiate down. This may sound foolproof on paper, but in reality, it doesn’t work. The higher you price your home, the more buyers will pass over it on their home search.

Pricing your home on the low side can open the door to even more potential buyers, however, it can also backfire. If there’s simply not enough buyer interest to spark a bidding war, you may end up selling for much less than you initially expected.

Setting the right asking price is all about balance – and it takes strategy. That’s where your agent comes in. An experienced Calgary real estate agent will know how to price your home based on the current market, neighbourhood trends, and any other unique factors that may play a role.

Have more questions about selling? Check out these blogs next!

Sell With an Expert

If you’re looking to accomplish a high-return home sale in Calgary, you’ll want to partner with a local real estate team that understands how to tailor your listing for maximum buyer interest.

That’s where we come in – Dolce Real Estate. With more than 15 years of experience in the Calgary market, we understand buyer-wants better than anyone and can tailor your listing to attract a strong pool of interest.

Searching for a local team to help you get a great return on your Calgary home? Look no further than Dolce Real Estate. Call 403.999.5882 to get in touch or email info@dolcerealestate.ca.

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