Let's Talk

Get in touch

Buying, Selling, or Investing? just have some questions? Just ask! We're here to help.

Contact Agent
Agent Photo

Seller's Frequently Asked Questions 

Clear answers about pricing, preparation, showings, offers, costs, taxes, and closing. 

Seller FAQ Victoria BC — Frequently Asked Questions About Selling Your Home | Janine Thomson, SRS®
Victoria, BC · Seller Resource

Selling your home?
Your questions, answered honestly.

Selling a home in Greater Victoria involves pricing strategy, preparation, showings, negotiations, disclosure obligations, and closing details — and every seller has questions. Here are honest, straightforward answers to the ones I hear most, so you know exactly what to expect before you list.

Start with a free home evaluation
Seller frequently asked questions Victoria BC - Janine Thomson REALTOR
PricingWhere sales succeed or fail
PreparationFirst impressions sell homes
NegotiationProtecting your bottom line
SRS®Seller Representative Specialist
Informed sellers make better decisions

Why the details matter when you sell in Victoria BC

Janine Thomson answering seller questions with Pemberton Holmes in Victoria BC

When it comes to selling a home, there is so much detail in the process that sellers can easily feel overwhelmed. Pricing, preparation, marketing, disclosure obligations, offer terms, subject conditions, deposits, and closing timelines all carry real consequences — and getting one of them wrong can cost you thousands of dollars, or the sale itself.

Real estate laws and market conditions in BC change constantly. Sellers need to be fully informed, and communication needs to be transparent. For most homeowners, this is the biggest financial transaction of your life. Let’s make it count.

The questions below are the ones sellers in Greater Victoria ask me most often — whether they are selling a family home in Langford, a condo downtown, or a waterfront property in North Saanich. If your question isn’t answered here, just ask — there is no question too basic or too complex.

💡
Not sure where to start? Start with your number. A free Comprehensive Home Evaluation tells you what your home would realistically sell for today — no cost, no obligation, and it answers half the questions on this page for your specific property.
At what stage should I contact you if I’m thinking of selling?

As soon as selling crosses your mind — even if your move is a year or more away. The earlier we talk, the more I can help. An early conversation means we can identify which improvements are worth making (and which are not), track your home’s value as the market moves, and time your listing to the strongest conditions for your property type and neighbourhood.

I will always work on your timeline. There is no pressure and no obligation — the longer you see how I respect your time and your goals, the more confident you will feel about hiring me when the moment is right for you.

Why do we need to meet before I list my home?

Selling a home is very involved — lots of questions, emotions, conversations, and decisions. It is important for both of us to see that we communicate well together and that you trust what I have to say and advise. Anyone can put a sign on your lawn. My concern is always about trust and solidarity.

During negotiations I may have to wear two hats — one that plays hardball and one that takes a slower, more strategic approach. Whichever the situation calls for, I need you to trust my negotiations and my communication with you, and to know that I am looking out for your best interests at all times and getting you the best price possible.

Who should be at our first meeting?

Everyone who is part of the selling decision and everyone whose name is on title should attend. Anyone who has influence over the decision must be part of the process from beginning to end. Otherwise we may satisfy some decision-makers but not all — and we end up going in circles at the exact moment you need clarity and momentum.

Do I have to sign a listing contract at the first meeting?

No — and I would never expect you to. The purpose of our first meeting is to make sure we can work together well. You get to see me in action, evaluate my communication, my energy, my market knowledge, and my pricing strategy for your home before you commit to anything. The meeting is an introduction to my services and what sets me apart as a Seller Representative Specialist (SRS®) — not a signing appointment.

How long does it take to sell a home in Victoria?

It depends on your property type, your price point, your neighbourhood, and current market conditions — a well-priced home in a balanced Victoria market typically sells within weeks, while overpriced homes can sit for months. Days-on-market also varies significantly between detached homes, townhouses, and condos.

When we meet, I will show you the actual days-on-market data for homes like yours in your neighbourhood, so your expectations are based on real numbers — not averages from a headline.

When is the best time of year to sell in Greater Victoria?

Spring is traditionally the busiest season, with the largest pool of active buyers — but it also brings the most competing listings. Fall is often underrated, and serious buyers shop year-round in Victoria thanks to our mild climate. The honest answer: the best time to sell is when the timing is right for you, your home shows at its best, and inventory in your segment works in your favour. That is a conversation about your specific property, not a calendar rule.

Janine Thomson REALTOR discussing pricing strategy with home sellers in Greater Victoria

Pricing is the single most important decision you will make as a seller. It determines who sees your listing, how many buyers walk through the door, whether you receive one offer or several, and ultimately how much money you walk away with. These are the pricing questions sellers ask most.

How do you determine what my home is worth?

Through a Comparative Market Analysis — a detailed review of comparable homes that have recently sold in your neighbourhood, current competing listings, market direction, and the specific features of your property: condition, upgrades, lot, exposure, suite potential, and micro-location. I combine real Victoria MLS® data with on-the-ground knowledge of what buyers are actually paying right now.

You can request this analysis at no cost through my free home evaluation — it includes a full market analysis, a 24-page Seller’s Guide, and current Victoria market statistics.

Why is my BC Assessment different from what you say my home is worth?

BC Assessment values are calculated for property tax purposes as of July 1st of the previous year, using mass-appraisal methods. They do not account for current market conditions, your home’s condition and upgrades, or what buyers are paying in your neighbourhood today. It is completely normal for market value and assessed value to differ significantly — in either direction. Buyers and their lenders rely on comparable sales, not assessments.

Should I price high and leave room to negotiate?

This is one of the most expensive mistakes a seller can make. Victoria buyers are well-informed — they see comparable sales and know when a home is overpriced. An overpriced listing gets skipped in searches, accumulates days on market, and becomes stigmatized: buyers start asking “what’s wrong with it?” The eventual price reductions often land below what accurate pricing would have achieved on day one.

Your strongest negotiating position comes from pricing that attracts genuine buyer interest — and ideally competing interest — in the first two weeks, when your listing gets the most attention it will ever get.

What if my home doesn’t sell?

Then we diagnose why — honestly. It is almost always one of three things: price, presentation, or exposure. We review showing feedback, re-examine the comparables, look at what has sold since we listed, and adjust strategy. What I will not do is let your listing sit stale without a plan. If the market has shifted, you will hear it from me directly, with data — not silence.

What should I do to prepare my home before listing?

Start with the free wins: declutter, deep clean, brighten (open blinds, upgrade bulbs), and tidy the yard and entrance — first impressions begin at the curb. From there, minor repairs matter more than major renovations: dripping taps, scuffed walls, sticking doors, and burnt-out lights all quietly tell buyers “this home hasn’t been maintained.”

Before you spend a dollar on bigger projects, talk to me. Some improvements return several times their cost at sale; others return almost nothing. My home evaluation includes room-by-room preparation tips specific to what Victoria buyers in your price range expect.

Should I renovate before selling?

Usually not major renovations — buyers rarely pay you back dollar-for-dollar for a new kitchen, and their taste may differ from yours. The exceptions are items that will scare buyers or fail an inspection: roof at end of life, failing perimeter drains, old oil tanks, aging electrical. Addressing (or at least getting quotes for) those items protects your price. Cosmetic refreshes — paint, lighting, hardware, landscaping — deliver the best return for the least money.

Is professional staging and photography really worth it?

Yes. Nearly every buyer starts their search online, and your photos are your first showing. Homes that are well-presented and professionally photographed consistently attract more showings — and more showings mean more offers and stronger prices. Staging does not always mean renting furniture; often it means editing and arranging what you already own so every room photographs at its best. Presentation and marketing strategy are part of what I bring to every listing.

Do I need to leave the house during showings?

Yes — and it genuinely helps your sale. Buyers need to picture themselves living in your home, and they will not open closets, linger, or speak honestly with their agent while the owner is present. Short showings feel like intrusions; empty showings feel like possibilities. Take the dog for a walk, and let your home do the talking.

Can I sell my home while a tenant is living in it?

Yes, but BC’s tenancy rules add important requirements around notice for showings and what happens to the tenancy at completion — and a tenanted home often shows differently than an owner-occupied one. The right approach depends on your tenant, your timeline, and your buyer pool. This is a situation where getting advice before you decide on timing can save you months of complications. We will map it out together, and your lawyer confirms the tenancy-specific steps.

What happens when an offer comes in?

I present every offer to you promptly and walk you through all of it — not just the price. Deposit amount, subject conditions (financing, inspection, insurance), completion and possession dates, and included items all affect how strong an offer really is. Then we respond strategically: accept, reject, or counter. Nothing is decided without you, and you will always understand exactly what you are agreeing to before you sign.

Is the highest offer always the best offer?

No. A high price with shaky financing, a small deposit, and multiple subject conditions can be weaker than a slightly lower offer that is clean, well-deposited, and backed by a pre-approved buyer. If a deal collapses during the subject period, you have lost your listing momentum — often the most valuable weeks of your sale. Part of my job is assessing the strength and reliability of each offer, not just its headline number.

What do I legally have to disclose to buyers?

In BC, sellers must not conceal material latent defects — problems that are not visible on a reasonable inspection and that make the home dangerous, unfit to live in, or unfit for the buyer’s stated purpose. Most residential sales also involve a Property Disclosure Statement, where you answer questions about the property to the best of your knowledge.

Honesty protects you. Failing to disclose a known material defect can lead to legal liability long after completion. We will go through the disclosure documents together carefully, and your lawyer reviews anything uncertain before it goes to a buyer.

What is the Home Buyer Rescission Period and how does it affect me as a seller?

In BC, buyers of most residential properties have a three-business-day rescission period after an offer is accepted, during which they can cancel the contract by paying the seller a fee of 0.25% of the purchase price. It cannot be waived. As a seller, this means an accepted offer is not fully firm until that window passes — something we account for in our negotiation strategy, especially in multiple-offer situations.

Can I sell my current home and buy my next one at the same time?

Yes — this is one of the most common situations I handle, and coordination is everything. Options include selling first with a longer completion date, negotiating matching completion dates, using subject-to-sale offers, or arranging bridge financing through your lender. Each path has trade-offs in risk, cost, and stress. We will build a plan around your finances and your tolerance for moving twice versus carrying two properties — before either transaction begins.

What does it cost to sell a home in BC?

The main costs are real estate commission (plus GST on the commission), legal or notary fees for conveyancing, any mortgage discharge or prepayment penalty from your lender, and moving costs. Depending on your situation there may also be costs for preparation, repairs, or strata documents. There are no hidden fees with me — you will see a clear written breakdown of every cost, and a net-proceeds estimate, before you list.

Do I pay tax on the money I make selling my home?

If the home has been your principal residence for every year you owned it, the principal residence exemption generally shelters your gain from capital gains tax — though you must still report the sale on your tax return. Different rules apply to investment properties, suites, homes that were partly rented, and properties sold within a short time of purchase, which may be subject to federal and BC home-flipping rules.

Tax rules change and depend on your circumstances — confirm your specific situation with your accountant before you list, especially if the property was ever rented or is not your principal residence.

What happens between an accepted offer and moving day?

Once subjects are removed, the deal is firm and your lawyer or notary takes over the conveyancing — discharging your mortgage, preparing transfer documents, and calculating adjustments for property taxes and utilities. Completion day is when money and title change hands; possession day (usually a day later) is when the buyer gets the keys. I stay involved the whole way, coordinating with your lawyer and the buyer’s side so nothing falls through the cracks.

What condition do I have to leave the home in?

The standard contract requires the property to be in substantially the same condition on possession as when the buyer viewed it, and you must leave everything included in the contract — appliances, fixtures, window coverings, and anything else listed. The unwritten rule: leave it clean and empty. How you hand over your home is the last impression of your sale, and it protects you from possession-day disputes.

Your Question Not Here?

Every home sale is different — get answers for yours.

These answers cover the general rules, but your property, your timeline, and your goals are specific. Ask me anything about selling your home in Greater Victoria — by phone, email, or over coffee. Straight answers, no pressure, no obligation.

Ask Janine a question
What clients say

Sellers and buyers who trusted Janine through every stage

★★★★★
“Janine works for you to achieve the best outcome. She is passionate about what she does. Above and beyond is what I experienced. If you want someone to truly represent you and understand your needs, she is simply the best in the area.”
— Troy Wilson, Victoria BC
★★★★★
“Janine was easy to work with and understood what our requirements were. She was highly dedicated and I would have no hesitation in recommending her. Her professionalism and interpersonal skills are second to none.”
— Ralph Miller, Victoria BC
Janine Thomson SRS Victoria BC Realtor answering seller questions
Janine Thomson — Victoria, BC

Have a question that isn’t answered here? Just ask.

There is no question too basic or too complex. Selling a home in Victoria is a big step. My job is to make sure you take it with confidence, clarity, and the right person in your corner.

Thinking about selling your home in Victoria, BC?

Selling well takes pricing strategy, preparation, honest advice, and a negotiator in your corner. Get the answers — and the number — you need before you make a move.

How to Sell Your Home Fast Without Undercutting the Price 

Posted on Apr 01, 2025 in Sellers Info & Facts


By Janine Thomson - Victoria Realtor | Pemberton Holmes

Selling your home quickly without sacrificing its value requires a strategic approach, especially in Greater Victoria’s dynamic real estate market. While pricing competitively is essential, there are many other ways to attract buyers and close a deal efficiently without dropping your price. Her...

Read More

Understanding BC Real Estate Laws for Sellers 

Posted on Apr 01, 2025 in Sellers Info & Facts


By Janine Thomson - Victoria Realtor | Pemberton Holmes

Selling a home in British Columbia involves more than just listing your property and finding a buyer. BC has specific real estate laws that sellers must follow to ensure a smooth and legally compliant transaction. If you're selling in Greater Victoria, understanding these key regulations will h...

Read More

Selling While Buying: How to Navigate Two Transactions at Once

Posted on Apr 01, 2025 in Sellers Info & Facts


By Janine Thomson - Victoria Realtor | Pemberton Holmes

Buying a new home while selling your current one can feel like juggling two high-stakes transactions at once. If not planned properly, it can lead to financial stress, uncertainty, or even the dreaded scenario of being temporarily without a home. In Greater Victoria’s competitive real estate ma...

Read More

Avoiding Common Seller Mistakes: What Not to Do When Selling Your Home

Posted on Apr 01, 2025 in Sellers Info & Facts


By Janine Thomson - Victoria Realtor | Pemberton Holmes

Selling a home in Victoria’s competitive real estate market can be a rewarding yet complex process. However, many sellers unknowingly make mistakes that can delay their sale, reduce their home’s value, or discourage potential buyers. To help you navigate the process smoothly, here are the most...

Read More

Marketing Magic: How We Make Your Listing Shine  

Posted on Apr 01, 2025 in Sellers Info & Facts



By Janine Thomson - Victoria Realtor | Pemberton Holmes

Selling a home isn’t just about putting up a “For Sale” sign and waiting for buyers to show up. In today’s competitive real estate market, professional marketing makes all the difference. Whether you're selling a waterfront home in Oak Bay, a cozy condo in Downtown Victoria, or a family home in...

Read More

Pricing it Right: The Key to a Successful Sale in Victoria

Posted on Apr 01, 2025 in Sellers Info & Facts



By Janine Thomson - Victoria Realtor | Pemberton Holmes

Selling a home is one of the biggest financial transactions a homeowner will ever make. Setting the right price is crucial to attracting buyers, securing offers, and ensuring a smooth transaction. But how do you determine the right price? The answer lies in a Comparative Market Analysis (CMA)—a...

Read More

View Older Posts View Newer Posts

How Can We Help You? 

Janine Thomson

Pemberton Holmes

103-814 Goldstream Ave  Victoria,  BC  V9B 2X7 

Mobile: 778-678-5466

Phone: (250) 384-8124

Toll Free: 1-800-665-5303

Fax: 250-380-6355

info@janinethomson.net