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Selling Your Home Fast

Selling Your Home Fast is actually easier than you might think. This is a quick overview of some important concepts every Real Estate owner should know before selling their house. From what I have seen, scarcity and urgency work hand in hand; that’s what motivates a buyer from window shopping to putting their intentions on paper. I’ll try my best explain each and then how they work hand in hand!

Scarcity

Scarcity creates value in the eyes of buyers. When someone sees a home and they think, this may be my only chance to get … XYZ within my budget, that’s a big motivator. So, what aspects of a home create scarcity? Scarcity can come from hundreds of different places – primarily stemming from unique personalized upgrades and location. Unique personal upgrade is a broad term.. a few common examples are: an oversized uniquely designed deck, newer upgraded floors, a head turning garden, unique feature wall, oversized garage etc. Does your house have features or a location that make it unique? If so, when selling it’s in your best interest to highlight these as selling features.

Urgency

Urgency unfortunately has a lot to do with price. In Edmonton it’s very common for people buying real estate to work with a Real Estate agent. Realtors in Edmonton have access to MLS meaning we all have historical sales data. So buyers have a very good idea of whether or not your home is price correctly as per the current real estate market. When Realtors bring their clients to a home and tell them ‘at this price, I am sure it won’t last long’ or even just ‘it’s price well’ this is enough to create a sense of urgency in the mind of the buyers.

The Result

When someone is thinking ‘this house has XYZ’ combined with ‘this house won’t last long’ you’ve created the perfect environment to encourage offers. The best part about this strategy, is that it creates the opportunity for multiple offers. Receiving multiple offers is in my opinion the best way to sell homes for above asking price and greatly increase your profits as a home seller.

Thank you for reading! If you have any questions I would be happy to take your calls 780-902-1856

Logan Patterson

Dayneris quintana
Dayneris quintana
We recently had the pleasure of working with Logan to sell our apartment located in Edmonton while we live in Calgary, and we couldn't be happier with the results. Logan did an excellent job making suggestion for a better sale and renovating the apartment, transforming it into a stunning space. Thanks to his efforts, the apartment sold quickly and for above the asking price. Communication was seamless throughout the process. He kept us informed at every stage regarding the renovating process and the interest and in the apartment. We highly recommend Logan Patterson for his dedication, professionalism, and exceptional results. Thank you for your outstanding service!
Clarence Bouwsema
Clarence Bouwsema
Logan helped make the whole process easier and stressful free.
Darren Rankin
Darren Rankin
Couldn't have asked for a better realtor than Logan. Hard-working, punctual, and dedicated, he goes above and beyond regardless of whether you're buying a cozy condo or a dream home. His deep understanding of the market and strong rapport with fellow realtors make the process smooth sailing. Plus, his wealth of advice and keen eye for detail saved me money by catching things others might miss. Highly recommend using his broker, especially if you're a first-time homebuyer. Thanks for everything, Logan! PS: If you're a first-time homebuyer, just use his broker. Trust me, you won't regret it!
Michael Coderre
Michael Coderre
Logan was a pleasure to work with. He made recommendations on what would be the best money spent to sell our home quickly, and even lined up the trades and provided quotes for the work. In my opinion his services are a step above my past experiences, and I would highly recommend his services to any home seller. The fact that we sold the home for over asking price with no conditions was definitely the icing on the cake! Thanks Logan.
Harry Yau
Harry Yau
The whole experience selling my property was as easy as it could have been. Logan was incredibly helpful, keeping us up to date with amount of people interested, offers, and counters on a timely basis. He gave us comparable properties to help calibrate our asking price, and kept us updated on sale trends in the Edmonton market. He worked hard for our business, is very professional, and was always understanding of our availability limitations (total of 3 partners making decisions together from 3 different cities). I would hire him again, and would certainly recommend him to anyone looking to buy or sell in Edmonton.
Jaymee Sison
Jaymee Sison
Logan made the whole sale process from start to finish very easy. I live in a different city from where the property is located so I wasn't readily available to help with the sale. Logan coordinated photos, showings and best of all, he was respectful and mindful of our tenants who were currently living in the property. Thank you for your hard work Logan. We couldn't have been happier with the sale! $21K over list price!
Reid Tames
Reid Tames
Logan was phenomenal and super accommodating when it came to helping us buy our first home! We had so many questions and were challenging with our schedule but he was able to make it all work for US! Would highly recommend to any friends and family!!
MVP Power Inc
MVP Power Inc
Logan did an amazing job! He was very patient as we had seen several houses and willing to meet us any time. He was very knowledgeable about the neighbourhoods we wanted to buy in.

Author Logan Patterson

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