2 minute read.
According to Statistics Canada, more people are getting divorced from their first marriages in Ontario than in any other province or territory in our country! Although they stopped recording data on this Statistic in 2008, we can tell that divorce is still prevalent, is the 3rd most common reason for people sell their homes. What does this mean? It means that if you are going through something similar, you are not alone. Heck, here at Knowledge Broker, we have had the first-hand experience ourselves!
Selling your home during a divorce can be one of the most difficult situations to go through, even if your separation is amicable. There is a lot of emotion (and money!) wrapped up in the home and it can cause a lot of feelings that can cloud your judgement and make the process messy.
Knowledge Broker has worked with many couples going through a divorce and there really are three things to keep in mind as you navigate through the process.
- Choosing a good Realtor is ALWAYS important and truly vital in this situation. Often your Realtor becomes the go-between for each person. Thus, working with a representative that you actually get along with is key to help keep communication flowing.
- Your separation can be felt by those viewing your home. It’s true. We can all feel when something isn’t quite right. If you add half-empty closets and other tell-tale signs of division, it could make buyers perceive you as desperate to sell which is a major disadvantage. Consider staging your home and if you have the ability to move out altogether, that can help too.
- You may not agree on much right now, but at least try to work towards an agreement on two items: list price and inclusions. Sometimes it’s easier said than done, but in a situation like this, it is important to look at tangible evidence to assist you. This would include recent sale prices (not just the list price) of homes in your neighbourhood.
At Knowledge Broker, we understand the unique needs of clients who are going through a divorce and empathize with all of the feelings that come with it. Contact us for a private discussion to further understand how we can assist you during this difficult time.