Key recommendation: For a successful remote sale of real estate in Canada, it is essential to choose the right representative (agent or lawyer), prepare documents carefully, and use modern digital tools for marketing and closing the deal.
Selling real estate in Canada while abroad can seem like a daunting task. However, with the right preparation, professional partners, and online services, it is entirely possible. Below, we will take a detailed look at all the steps in the process, from preparation to handing over the keys to the new owner.
First, you need to determine the current market value of your home. To do this:
Order an independent appraisal from a licensed appraiser.
Research similar properties in the area on real estate websites (e.g., REALTOR.ca).
Even if you are abroad, it is worth:
Choose an agent who has:
In Canada, all real estate transactions are handled by a real estate lawyer. As the owner, you can give them:
The agent will list your property on the following platforms:
Each offer comes through the MLS system and is processed by your agent. You can:
Typical terms include:
Your real estate lawyer:
Get a power of attorney with an apostille or Canadian consular legalization ahead of time
Work with an agent who keeps you updated with video reports and market reports
Use online platforms for signing and notarizing documents
Plan time zones: discuss negotiations and closing at a time convenient for you
Keep copies of all documents in secure cloud storage
Selling Canadian real estate from abroad requires careful preparation, trust in local experts, and the use of digital technologies. The most important thing is to properly execute a power of attorney, choose an experienced real estate agent and lawyer, and organize professional marketing and virtual showings. Following these recommendations will minimize stress and help you successfully complete the transaction, even when you are far from home.