eXp Realty · Kamloops, BC · 250-682-5986
Selling in Kamloops · Consult to sold

Your Kamloops Seller Roadmap

Every step from the first conversation to handing over the keys. What happens, what you do, what gets handled for you, and the BC rules that matter once an offer lands.

START · CONSULT SOLD

What's your home worth?

What goes into your price

Past salesWhat similar homes in your area and comparable areas actually sold for. This sets true market value.
Active listingsThe homes you'll be competing with right now. Buyers line yours up against them.
ConditionUpdated kitchen, new roof, renovated basement, or work to do. Buyers price all of it.
The marketWhether buyers or sellers have the edge decides how hard the price can push.

Read the market

Buyer's market

Supply beats demand

More homes than buyers. Price sharp from day one, because buyers have choices and time.

Balanced market

About even

Reasonable offers get accepted and homes sell in a typical length of time.

Seller's market

Demand beats supply

Fewer homes than buyers. Strong pricing and multiple offers are more likely.

A common gauge is the sales-to-active-listings ratio: monthly sales divided by active listings. Below about 12% usually signals a buyer's market, 12% to 20% balanced, and above 20% a seller's market. Your market analysis shows where your price range and neighbourhood sit today.

The route

Nine stages. No surprises.

Tap any stage to open it. Mark where you are and this page remembers it on your device.

Not started yet
    Buying your next home too?

    Sell first or buy first

    Every situation is different. These are the conditions that usually decide it. The real question is the gap in between, and that's what your consult maps out.

    Option A

    Sell first

    Usually works best when:

    • Prices are flat or easing
    • You want certainty on exactly what you can spend next
    • You're moving into a slower market
    • You can negotiate a longer completion date, or have a short-term place lined up
    Option B

    Buy first

    Usually works best when:

    • Competition is strong and prices are rising
    • You're confident your current home will sell quickly
    • You can make your purchase subject to the sale of your home
    • You can carry bridge financing, or both homes for a short stretch

    Doing both at once? Your dates and your dollars get mapped on one page: sale price range, purchase range, bridge, and the order that protects you.

    Map my move →

    Get it ready

    Buyers want to picture themselves in your home. The more neutral, clean and move-in ready it looks, the easier that gets. Check items off as you go. Your progress stays on this device.

    0 done

    Not every item fits every home. Your walkthrough with Terry narrows this down to what actually moves the needle on yours.

    How your home gets seen

    Net proceeds

    What you'd walk away with

    Plug in a sale price and your mortgage balance. This estimates the main costs of selling and what's left on completion day. Your lawyer or notary confirms the final numbers on the statement of adjustments.

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    Example price shown. Drag or type your own.

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    Other costs: moving, staging, repairs, a mortgage prepayment penalty. Example commission structure shown. Your listing agreement sets the actual fee.

    Sale price–
    Commission–
    GST on commission (5%)–
    Lawyer or notary–
    Mortgage payout–
    Other costs–
    Estimated net–

    Before property tax, strata fee and utility adjustments, which can go either way depending on what's prepaid.

    Before listing

    • Repairs and touch-ups
    • Cleaning, and staging if it fits
    • Pre-listing inspection, if you want one
    • Strata documents and Form B, on condos and townhomes

    On completion

    • Commission plus GST
    • Lawyer or notary fees
    • Mortgage payout and any prepayment penalty
    • Property tax and strata fee adjustments

    After completion

    • Moving
    • Utility cancellations and final readings
    • Reporting the sale on your tax return
    Know thisCall your lender early for a payout statement. Breaking a mortgage before its term ends can carry a penalty, and it's the cost sellers most often miss. Selling within two years of buying? BC's home flipping tax may apply. Your accountant or lawyer confirms.

    Estimate only, not a statement of adjustments. Commission is paid from the sale proceeds on completion and is subject to GST. Fees, penalties and tax rules vary. Confirm with your lender, lawyer or notary and accountant before relying on any figure.

    The forms you'll sign

    1. Disclosure of Representation in Trading Services

      BCFSA · before you work together

      Explains who Terry represents and what that means for you. Required before any agent provides services.

    2. Identity verification

      FINTRAC · at the start

      Federal anti-money-laundering rules require your agent to confirm your ID. A quick look at your photo ID.

    3. Listing agreement

      BCREA Multiple Listing Contract · before you list

      Your list price, the listing term, the commission and permission to market your home on MLS.

    4. Property Disclosure Statement

      BCREA · before you list

      What you know about the property, in writing. Buyers rely on it, so answer it carefully and talk through anything you're unsure of.

    5. Strata documents and Form B

      From your strata · condos and townhomes

      Fees, levies, bylaws, minutes and the depreciation report. Order them early, since buyers will ask during subjects.

    6. Contract of Purchase and Sale

      BCREA · the buyer's offer

      Price, deposit, subjects, inclusions and dates. You accept, counter or reject. Once both sides sign, it's an accepted contract.

    7. Addendum or amendment

      BCREA · if terms change

      Any change after acceptance, like a price adjustment or a new date, goes in writing and both sides sign.

    8. Subject removal

      From the buyer · when they're satisfied

      The buyer signs off on their conditions. After this, the deal is firm.

    9. Transfer documents and statement of adjustments

      Your lawyer or notary · days before completion

      The documents that transfer title to the buyer, plus the statement that shows your final numbers.

    General guide only. The exact forms depend on the property and the deal. Your lawyer or notary explains the closing documents.

    Terms you'll hear

    BC real estate, in plain English

    Market analysis (CMA)
    A comparison of recent sales and active listings like yours. It's how your price range gets set.
    Listing agreement
    The contract with your brokerage: list price, term, commission and how your home is marketed.
    Subjects
    Conditions in the buyer's offer, like financing, inspection or strata documents. Until they're removed, the deal isn't firm.
    Subject removal
    The moment the buyer signs off on their conditions. After this, the deal is firm.
    Rescission period
    The buyer can back out of most residential purchases within 3 business days of final acceptance. If they do, they pay you 0.25% of the price. It applies to the buyer, not to you.
    Deposit
    The buyer's good-faith money, held in trust by a brokerage and applied to the price on completion.
    Acceptance deadline
    How long an offer stays open. After the date and time written in it, the offer lapses.
    Inclusions & exclusions
    What stays and what goes. Appliances, window coverings, mirrors, sheds, hot tubs. If it matters, it goes in writing.
    Completion date
    The day the money moves and title transfers to the buyer.
    Possession date
    The day the buyer gets the keys. In BC this usually follows completion, often the next day. Be moved out by then.
    Adjustment date
    The date property taxes, strata fees and utilities switch from you to the buyer.
    Statement of adjustments
    Your lawyer's or notary's breakdown of the sale: price, credits, costs and what you net.

    Your key dates

    Enter the day of final acceptance. This lays out the dates that follow. Your contract sets the real ones.

    Example dates shown. Business days skip weekends and BC statutory holidays.

    Questions sellers ask

    FAQ

    What does it cost to sell?

    The main costs are commission plus GST, your lawyer or notary, and paying out your mortgage, including any prepayment penalty. Commission is set in your listing agreement and paid from the sale proceeds on completion, so nothing comes out of pocket up front. The Net tab estimates it with your numbers.

    How is commission split?

    The commission in your listing agreement is shared between the listing brokerage and the buyer's brokerage. It covers marketing, photography, admin and the people working on your sale. The exact amount and split are written into your agreement before you list.

    Should I renovate before I list?

    Usually not a big renovation. Fixes, paint, cleaning and decluttering tend to pay off. Big projects often don't return what they cost. Your walkthrough sorts out which is which for your home.

    Should I get a pre-listing inspection?

    It can help. You find problems before a buyer does, decide whether to fix them, and avoid surprises mid-deal. On older homes and acreages it's often worth it.

    What if a low offer comes in?

    Counter it. It's not where we start, it's where we finish. Any offer is a good offer. We won't know where it goes until we counter.

    How long will it take to sell?

    It depends on price, condition and the market for your type of home. Once an offer is accepted, completion is commonly one to three months out. Your market analysis shows how fast similar homes have been moving.

    Do I pay tax on the sale?

    If it's been your principal residence the whole time you owned it, the gain is usually tax-free, but you still report the sale on your tax return. Rentals, second homes, and homes sold within two years of buying can be different. Your accountant confirms.

    Can I sell and buy at the same time?

    Yes, and most move-up sellers do. The order and the bridge are what matter. See Sell first or buy first, then bring your numbers to the consult.

    Why work with Terry

    Kamloops isn't the rest of BC.

    You need someone who knows this market specifically. Eleven years of Kamloops deals, and most of the business comes from past clients sending their friends and family.

    Communication first

    You hear what's happening before you have to ask. Every showing, every offer, every deadline.

    Honest guidance

    The truth about your price, even when it's not what you were hoping to hear. That's what gets homes sold.

    Local depth

    Brocklehurst, Barnhartvale, acreages and everything between. Street-level knowledge, not provincial averages.

    “Terry Lynds and his team provided us with remarkable service in helping us to sell our home where we had lived for forty years.”

    Gerry & Judi G. · Sellers

    Start with a 15-minute call.

    No pressure, no commitment. Terry calls you, answers your questions and maps out the next steps for your home and your timeline.

    Book your 15-min call →

    Or call or text 250-682-5986