Pricing & Valuation

A home's value is determined by what a willing buyer will pay for it in the current market. We use a Comparative Market Analysis (CMA), which compares your home to similar properties that have recently sold, are currently listed, and that failed to sell in your specific Edmonton neighbourhood. Factors like your home's size, condition, features, and current market trends all play a crucial role.

What's the difference between my assessment value and market value?

The City of Edmonton assessment value is for municipal tax purposes and is based on mass appraisal techniques from the previous July. It often lags behind the current market value, which is the real-time price buyers are willing to pay. We never use the tax assessment alone to price a home.

Should I price high to leave room for negotiation?

This is a common misconception that often backfires. Overpriced homes sit on the market, become "stale," and ultimately sell for less than they would have with a correct, competitive price from the start. We use data to price your home correctly to attract maximum interest, which can often lead to multiple offers at or above the asking price.

Commissions & Costs

What are the typical real estate commissions in Edmonton?

What are the typical real estate commissions in Edmonton?

Commissions are always negotiable and vary based on the services provided. The standard structure is a percentage of the final sale price, which is then split between the listing and buyer's brokerage. The exact rate depends on the market, your home's value, and the marketing plan. We are transparent about our fees and the exceptional value we provide upfront.

What closing costs should I expect to pay as a seller in Alberta?

As the seller, you are typically responsible for:

  • Real estate commissions
  • Legal fees for your lawyer (typically $1,000 - $1,500)
  • Mortgage discharge penalty (if your mortgage term isn't up)
  • Property tax and utility adjustments
  • We provide a detailed "Net Proceeds" sheet before you list so you know exactly what to expect.

The Selling Process & Timeline

How long will it take to sell my home in Edmonton?

The average Days on Market (DOM) varies by area, price point, and market conditions. In a hot seller's market, it can be a matter of days. In a balanced or buyer's market, it may take 30-60 days. A well-priced and well-marketed home will always sell faster. We'll provide you with average DOM for your neighbourhood during our consultation. 

What's included in your marketing plan?

Our comprehensive marketing plan includes:

  • Professional photography and HD video tours
  • Listing on the MLS® System and Realtor.ca
  • Promotion on over 50 public websites (Zillow, Realtor.com, etc.)
  • Targeted social media advertising on Facebook and Instagram
  • Broker open houses and public open houses
  • High-quality print materials

Do I need to be home for showings or the inspection?

No. In fact, it's highly recommended that you leave your home for all showings and the inspection. This allows potential buyers to feel comfortable, speak freely, and imagine themselves living in the space. Your presence can make them feel rushed and inhibit their conversation. 

What happens after I accept an offer?

Once an offer is accepted, the conditions period begins (typically 1-2 weeks). The buyer will complete their home inspection and financing appraisal. We will coordinate these appointments. Once all conditions are removed, the file is sent to your lawyer, who handles the title transfer and financial settlement on the closing date.

Preparing Your Home

Is home staging worth the investment in Edmonton?

Yes. The Alberta Real Estate Association reports that staged homes often sell faster and for more money. It doesn't always mean renting furniture; even "occupant staging" (decluttering, depersonalizing, and rearranging your own furniture) has a massive impact. We offer expert staging advice as part of our service. 

What are the most important things to fix before listing?

Focus on cost-effective repairs that offer the best return:

  • Curb appeal: Paint the front door, clean the yard, ensure the exterior is tidy.
  • Minor repairs: Fix leaky faucets, squeaky doors, cracked switch plates.
  • Fresh paint: A fresh coat of neutral paint in main areas is one of the best returns on investment.
  • Deep clean: A spotless home signals it has been well-maintained.

Still Have Questions? We Have Answers.

This list covers the basics, but every situation is unique. The best way to get accurate answers for your specific home and goals is to speak with a local expert.

Schedule a free, no-obligation consultation today. Let's discuss your home and your future.

Selling Form

Data last updated on November 18, 2025 at 01:30 PM (UTC).
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.