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Selling your home? 4 ways to reduce costs and improve earnings

Even in a hot market, selling a home can be stressful and time consuming. There91Ƶs a lot of money on the line, too 91Ƶ both in the sale price and in the up-front costs of tradespeople, lawyers and other professionals. A good real estate agent can help with all of it, and save you thousands of dollars in the process.
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Value Plus 3% Real Estate Inc took professional photos of this home and then had every room virtually staged with digital furniture. The stunning results drew in much more interest from home buyers.

Even in a hot market, selling a home can be stressful and time consuming. There91Ƶs a lot of money on the line, too 91Ƶ both in the sale price and in the up-front costs of tradespeople, lawyers and other professionals. A good real estate agent can help with all of it, and save you thousands of dollars in the process.

One obvious cost is real estate commissions. Since they91Ƶre calculated as a percentage of the sale price, rising house prices have meant rising costs for most sellers. But not for everybody.

91ƵTraditionally, listing commissions are seven per cent on the first $100,000 and three and a half per cent on the rest. But we just didn91Ƶt feel right charging our clients that much, so we created our own company model,91Ƶ says Paula Skladan-Roughton, Co-owner, Managing Broker and Realtor at .

VP3 operates with only , which translates to significant savings for their clients 91Ƶ $5,500 to $6,500, on average.

3 ways the right real estate broker keeps cash in your pocket

VP3 may have low commissions, but they certainly don91Ƶt skimp on services. And the value of that experience, knowledge and top-tier service makes a big difference to home sellers91Ƶ finances.

  • Setting the list price: You want a final sale price that reflects the modern market value of your home, but your list price still needs to entice buyers to make offers. Sometimes delayed offers are a great way to encourage bidding competition, but not always. How do you decide? 91ƵThe sheer volume that our real estate agents are involved in helps sellers make informed decisions. Our agents do more transactions than any other brokerage in the area, so we91Ƶre in tune with what91Ƶs going on at each price point in the market,91Ƶ says Nik Roughton, Realtor and Co-owner of VP3. 91ƵWe don91Ƶt dabble in real estate part-time. We have a busy brokerage filled with people who consider real estate a full time passion.91Ƶ
  • Preparing the home for market: With historically low inventory, some sellers have decided not to put in the effort of painting, repairs or staging. A good real estate agent will help you decide what work will have the greatest effect on your sale price. 91ƵWe recently took on a home that had been listed with another company 91Ƶ their listing had expired without any offers. Our professional photographer took sparkling photos, and then we had the empty rooms virtually staged with digital furniture. The results were amazing! The stunning photos drew in much more traffic,91Ƶ Paula says. VP3 also has excellent relationships with tradespeople who can help your home fly through inspections.
  • Spreading the word: Buyers search for homes in many ways, and VP3 makes sure your home is listed everywhere buyers look. That includes online listings enhanced with virtual tours, print advertising, and a reach that goes far beyond the Okanagan. 91ƵPeople from all around the world are looking to live in the Okanagan, and we have marketing tools to help your home get noticed.91Ƶ

To contact award-winning Value Plus 3% Real Estate Inc, call 250-308-1888, email , or visit . Find VP3 at .



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