The Property Mindset: Inspiring Stories and Practical Advice for Real Estate Success

Fernie Home Sellers Guide: Boost Your Sale Price & Reduce Stress

Phil Gadd Season 3 Episode 38

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In Episode #38 of The Property Mindset Podcast, host Phil Gadd provides valuable insights into selling your home in Fernie, BC. If you're a homeowner looking to maximize the value of your property while minimizing the stress of selling, this episode is for you. Phil shares practical strategies for preparing your home, from small upgrades to boost curb appeal to staging tips that make a big impact.

Learn how to price your home strategically in Fernie’s unique market, where recent trends have shown fluctuating average sale prices. Phil also covers the importance of working with a local real estate agent who knows the Fernie market inside out. Discover how a strong marketing plan—complete with professional photos, videos, and social media exposure—can significantly increase your chances of a quick and profitable sale.

Tune in to learn:

  • Key steps to prepare your home for sale
  • Pricing strategies that attract buyers and generate competitive offers
  • Marketing techniques to give your property maximum visibility
  • How to handle showings, inspections, and offers with confidence
  • Why choosing the right real estate agent in Fernie can make all the difference

Whether you’re a first-time seller or a seasoned homeowner, these expert tips will help you navigate the Fernie real estate market and achieve the best results.

Show Sponsor: First Tracks Real Estate Group - eXp Luxury

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Show Sponsor: First Tracks Real Estate Group - eXp Luxury

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Welcome to the property mindset podcast, where we explore everything real estate from market trends to practical strategies for success. Our guess share personal experiences and valuable insights, providing practical tips and tools for your own real estate journey. Whether you're a buyer or seller or an inspiring investor, a seasoned professional, or simply someone who loves real estate. This podcast is for you. So join us for engaging and informative conversations with some of the brightest minds in the real estate industry. Welcome back to the property mindset podcast, where we explore everything real estate from market trends to practical strategies for success. I'm your host, Phil Gadd. And today. We're talking about one of the biggest decisions you'll make in your real estate journey. Selling your home. If you're thinking about selling in Fernie, BC, you'll likely feeling both excited. I know a bit stressed. How do you maximize the value of your home? How do you minimize the stress of selling? Well, that's exactly what we're going to cover today. And practical tips that will help you sell your home smoothly and successfully. And spoiler that. It all starts with choosing the right real estate agent. Someone who knows the Fernie market inside out. So let's dive in. The first step in maximizing the value of your home is preparation. This is where many sellers either win or lose out on potential profits. A little strategic prep can make a huge difference when it comes to the sale price. Start by focusing on targeted improvements. You don't need to go all out with massive renovations. But small high return on investment upgrades can add significant value. Think fresh paint and neutral colors, updating old lighting fixtures. Fernie buyers are often looking for cozy yet modern homes that fit the mountain lifestyle. So these small touches matter. Don't forget about curb appeal. First impressions count. Simple landscaping. Freshly painted front door or adding some welcome plants. Can create an inviting atmosphere for potential buyers. When they pull up to your home. They should already feel impressed. Before they even step inside. Once you have all these upgrades, it's time to declutter and depersonalize. You want buyers to envision themselves living in your home and not get distracted by your personal belongings? Well after recommend renting a storage unit to clear out excess items during the selling process. If you don't have a closet or a storage space to put them in. Neural maintenance, Spence feel more open and inviting. Lastly consider staging your home. We can help with this. Properly staged home can sell faster and for more money. The goal is to create a space that feels spacious, clean, and welcoming. And when it's done right. It can help you stand out in the Fernie's competitive market. This is where having a real estate agent comes into play. Pricing your home strategically in furnace market setting. The right price is crucial. Price too high on your home could sit in the market becoming stale. Price too low and you could leave money on the table. So, this is where I come in. We can work together. And I'll analyze recent comparable sales, the current market conditions and your home's unique features to set a competitive price. For example in July, 2024, the average sell price in Fernie dropped 25% from the previous year. With home selling about 50 days on average. Market fluctuations. Like this can make it important to price your home based on real time data, not just what you hope to get for it. And a little case study in July of this year, we actually listed a property in the Cedars, a single family home. And it sold within 24 hours and$50,000 over the asking price. So in that example, I think we hit the nail exactly on the head. This is a perfect case of home's price, right? From the start attract more buyers. Often leading to faster sales like it, my example and higher offers. and that's why having someone who understands Fernie market nuances is so valuable. So let's talk about marketing your home, a great listing. Isn't just about putting your home online and waiting for the offers to roll in. You need to market it in the right way to get the best results. It starts with professional photos and video. High quality photos are essential to capture buyer's attention, especially in today's world where most buyers are starting their home search online. So having video and 3d walkthrough tools is also essential. 65% of buyers will click on listings that have a 3d walkthrough. When I list a home, I always ensure that we have professional photography and video. That highlights, the home's best features. Next we leverage online platforms. And social media to give your home maximum exposure. You all listing will be visible on all the major real estate websites. As well as shared across social media to reach as many potential buyers as possible. We have strong accounts on YouTube, Instagram, and Facebook. And because Fernie is a four seasons destination. We'll make sure to highlight features that matter most to buyers. With a proximity to ski Hills, mountain views or recent upgrades that add comfort and value. A comprehensive marketing strategy can make a huge difference. The more visibility we create for your home, the more competitive offers we can get. Now let's find set, sending her home is very stressful, But the good news is that with the right approach, we can minimize that stress. First be flexible with showings. I always recommend trying to accommodate as many showing requests as possible, especially in the first two weeks. The more buyers that we can see your home, the better chances of sending quickly and for a great price. Be prepared for inspections. It's always a good idea to address any known issues before the inspection process begins. We've had sellers do a inspection report that we make available to all buyers. Can reduce the chance of surprises that could delay. Even derail a deal. When offers come in, it's important to review them carefully. This is another area we're working with an experienced real estate agent like myself. It makes a huge difference. It's not just about the price terms like financing, contingencies and timelines mattered to. Together we'll evaluate each offer to make sure it aligns with your goals. And minimizes any potential complications. And finally set realistic expectations. The Fernie market, like any real estate market can fluctuate. We've seen prices on average, go up this year. But also in a couple of months, Drop. Knowing what to expect helps reduce anxiety and allows us to adapt to changing conditions. One of the keys to reducing stress. During the selling process is complete open communication. When we work together. You'll always know what's going on. From showing feedback to offers. I'll keep you informed. Every single step of the way. Selling a home can be an emotionally draining. So I encourage my clients to take care of themselves during the process. Make time for self care. Whether it's a walk in the beautiful mountains. A yoga class, anything that can help you reduce the stress. And remember, you don't have to do this alone. That's where working with an experienced agent like myself comes in. I've helped countless clients in Fernie sell their home smoothly. And I'm here to guide you through every step of the way, making sure you feel supported and confident throughout the entire process. So summing it all up. Selling your home in Fernie can be a rewarding experience when done the right way. By preparing your home strategically. Pricing accurately marketing it effectively. And working with the right real estate agent, you can maximize its value while minimizing the stress involved. And remember. Choosing the right agent makes all the difference I've lived and worked in Fernie. For the last 15 years, and I know how to navigate this unique market. So, if you're thinking of selling, we'd love to help you make the most of your home sale. Thanks for listening to the property mindset podcast. If you have any questions about selling your home. We'll want to discuss the Fernie market in more detail, please feel free to reach out. I'm always here to help. Be sure to subscribe, leave a comment and share this episode with anyone, you know, who might be thinking of selling their home here in Fernie. Until next time I'm Phil GAD stay focused, stay informed and keep building your property mindset.