Putting your home on the market can be a stressful process, especially when you don’t know what to expect. Fortunately, with the help of an experienced agent and this easy to follow guide, you can smoothly complete the process. Following these steps will help you prepare so you can get organized and sell your home for the best price possible.​​​​​​​
What are the circumstances under which you are selling your home? Are you staying local or moving to a new area? Are you upsizing or downsizing? Do you need to shop for a new home or have you already purchased? Do you need to sell your home before you can purchase a new one?
There are many different scenarios. Be sure that you understand your timeline and possible challenges so you can navigate accordingly. Don't hesitate to reach out to the professionals so that they can help; Mortgage officer, Realtor, Accountant.
Selling a home is complex and deeply personal. There is a lot at stake financially and personally. Your agent should protect you and your interests at all times. You want someone who understands the market, the players, and all of the variables involved in a real estate transaction. Finally you want an agent and a brokerage with a rich online presence and strong marketing plan to effectively and beautifully market your home.
It is time to get busy making your house "show ready". At this point, there should be nothing left undone. Just as you are unlikely to sell a car without detailing it, your home should never be put on the market without detailing it. Deep clean, declutter and depersonalize. Take care of any small repairs and address with your agent any repairs too big for you to do prior to selling. Anything that you are unable to do prior to listing, will be adjusted for in price.
Pricing a home for sale is both an art and a science. With solid information and an analysis of the market, I will develop a marketing strategy that is perfect for advertising your home. This involves listing the home and then driving the right people to that listing through social media campaigns, agent-to-agent referrals, traditional media, or SEO advertising. My team creates a marketing campaign that aims to get the most possible traffic to your listing in the first three weeks after becoming a client.
Receiving an offer is an exciting part of the process, but it doesn’t mean the journey is over. We will evaluate each offer and make sure the party making the offer is prequalified or pre-approved by a mortgage lender or has proof of funds and that their offer is acceptable to you. Monetary aspects of an offer, while important are not always the driving factor. Sometimes, time is important. For instance if you're building a house and can't close on your home for a while, you may need an extended closing date or occupancy or both. We will evaluate all aspects of the offer(s) and negotiate to your satisfaction. As a seller, you have four options on how you handle an offer on your home. You can accept, counter offer, reject, or ignore it all together. Of course, I recommend one of the first three options, but you ultimately decide.
Once we deem the offer is acceptable, we will review the proposed contract to make sure it’s all in order and includes the necessary components such as deposit amount, financing terms, contingencies spelled out with dates, closing date, and counter with any terms most agreeable to you. When both parties have agreed to the terms, both the buyer and seller sign and the offer becomes a legally binding purchase agreement. You are under contract at that point..
You have accepted an offer and are now very close to the end of your selling journey. Once the buyer's contingencies are removed, their loan will move to the final underwriting stage and you can get ready to close. Or if they are paying cash, the final title work will be prepared for closing. During this time period, you will be packing, organizing movers, trucks, all the things that are pertinent to getting you moved out by the deadline for possession in your contract. A few days before the closing date, we will call the title company to make sure everything is ready to go and you will receive your settlement statement with the final numbers for you and I to review. In addition, now would be a good time to contact all of your utilities to let them know that you are selling your home and need to transfer service or cancel it altogether.
You’ve reached the last step in the seller’s process. When you close on a home you are selling, you are legally transferring ownership of the property to the new buyer. We will meet at the designated closing location previously agreed upon to sign the final paperwork. If your so inclined, it would be relevant to convey important phone numbers for appliance repair companies, any warranty information, refuse/recycling schedule information, etc. to the new buyer.
Once paperwork has been signed, the title company will typically record the information with the Registrar of Deeds in the county or city that you reside. Be sure to keep all of your documents in a safe place for tax purposes and what have you. Congratulations are now in order!
Once you have sold your home, you’re free to take the next step on your journey. The certainty that all of your selling responsibilities have been taken care of will help you achieve peace of mind for your new path.
Whether you are buying or selling a home, the process can be fast-paced and emotional and it is important to have an agent that remains focused, objective, patient and knowledgeable regarding current market trends.