News & Resources

Hot Real Estate Market: Tips for Sellers

Aug. 10, 2011
1 mins
A man embraces his partner and shakes the hand of a financial advisor

Hot Real Estate Market: Tips for Sellers

If you’re preparing to sell your house and the market is hot – make sure you don’t get burned! Here’s a list of our quick tips that will prepare you to sell when the market is hot.

Forget Certainty.

Your agent should be able to give you a general idea of how much to list your house for, and how much interest it will generate. However, nothing is for certain and anything can happen.

External factors, such as a big layoff in your area, or, a fabulous house down the street going on the market can impact buyers. Be realistic, and be prepared for anything.

Don’t get Greedy.

Even if prices are soaring in your neighbourhood, be cautious about asking too much. A too-high price can turn off buyers, even when there are lots of them.

Think like a Buyer.

It’s difficult to see your home with fresh eyes. But even if the market is on fire, buyers may still shy away from your place if you have no backyard, your kitchen is seriously outdated, or your condo faces a highway.

Listen to your agent and make the kind of upgrades and repairs that will satisfy today’s buyers, even if you’re not crazy about them.  

RATESDOTCA Team


The RATESDOTCA editorial team are experienced writers focused on sharing stories and bringing you the latest news in insurance and personal finance. Our goal is to provide Canadians with the information and resources they need to make better insurance and financial decisions.

Latest life insurance articles

Do you need life insurance? A primer for Canadians
Life insurance isn’t a one-size-fits all solution. But if you have dependents, it can be an important financial safety net for those you love.
Learn More
7 mins read
Why life insurance should be part of estate planning for new parents
Life insurance is one of the best ways new parents can protect their family and help loved ones in the event of your unexpected death.
Learn More
5 mins read
10 Myths About Life Insurance Busted – Some May Surprise You
You may be young with no kids and no mortgage. Life insurance is for someone older, who has dependents right? Wrong. Let’s debunk life insurance myths and learn why everyone needs some form of coverage.
Learn More
6 mins read

Subscribe to our newsletter

Stay on top of our latest offers, relevant news and tips!

Thanks for joining!

You'll be hearing from us shortly - stay tuned.