With the right preparation and professional guidance, selling your property will be a positive experience.

To help you make an informed decision, read the following carefully!

You aren’t ready to sell your property if:

• One of you disagrees with the sale.
• You haven’t set your goals.
• You haven’t consulted your financial advisor to conduct a full assessment.

1. Clarifying your goals from the start

Even before putting your property on the market, take the time to discuss your priorities together:

• Are you both in agreement about selling?
• Why are you selling?
• Are you financially prepared?
• Do you want to sell quickly?
• Do you have a deadline tied to another purchase?
• Are you ready to negotiate?
• Etc.

Asking the right questions from the start leads to better decisions and helps avoid a lot of frustration.

Read our article 9 things to consider before buying a house as a couple.

2. Agreeing on the sale price

This aspect can cause some conflict.

That’s why we suggest putting your trust in your real estate broker. Why ? Setting the right asking price is the most important step in a real estate transaction. It must be justified and competitive so that buyers are seriously interested.

How to determine the price of a home:

• Conduct a comparative analysis of properties sold in your sector/area.
• Set a negotiation range.
• Don’t be rigid and emotional.
• Trust your real estate agent.

Read our article “How do you determine the selling price of your home?” to learn more.

3. Managing the emotional side of the sale

Your home is filled with many memories, and you have shared several major milestones of your married life there. It’s only natural that some people find it difficult to move on. Before putting your home on the market, talk openly about your attachment to it to avoid emotional decision-making and potential conflicts.

4. Dividing tasks to avoid frustration

When listing a property, there are many things to do to prepare the home and manage the transaction.

Of course, your broker will manage the most significant parts of the process. However, there will be a few tasks that you’ll need to divide between yourselves. To minimize tension, make a list and divide the tasks based on your strengths.

• Who will communicate with the broker?
• Who will put together the file with all the necessary documents and invoices?
• Who will take charge of the minor repairs around the house?
• Who will take care of the spring cleaning?
• Etc.

Of course, some tasks will require both of you, but it’s important to have an overview of everything that needs to be done to better manage the sale.

5. Working with a great real estate broker

A great broker will help prevent complications and support you every step of the way. Your broker will assist you in finding the ideal home for your couple, negotiating the best price, and managing the administrative tasks that often strain a relationship during major milestones.

6. Verifying all contracts related to the sale

When selling a property as a couple, marriage contracts, common-law partner agreements, or undivided co-ownership agreements will impact the real estate transaction process.Depending on the type of agreement, the division of shares, profit sharing, and individual responsibilities will vary.

Before getting started, it’s crucial to check your existing agreements and understand the legal implications of your status as a couple.

Without a clear contract, certain situations can become a source of conflict, especially if financial contributions were unequal or if the relationship has evolved.

Ready to get started? Get in touch with one of our real estate brokers today. They will be able to support you in achieving all your goals!