A real estate agent is a huge asset to you as you go through the home-selling process. This is one of the biggest transactions of your life, and you need a skilled professional guiding you through the process. Your agent will be working with your best interests in mind and can help guide you through all the stages of selling your home.
The listing price is one of the most important factors in a successful home sale. Many people tend to list too high and they either have to move greatly on the price or it takes much longer to get any offers.
Your real estate agent should be an expert in what homes are selling for in your area. Lean on them to help guide you in setting the perfect starting price. Homes that are competitively priced have a much greater chance of selling in a timely manner.
There are many quick and inexpensive things you can do to increase the likeliness of selling.
Do a quick spruce up around the inside and outside the home. Include things like decluttering, checking for leaky faucets and pulling weeds in the front yard.
When potential buyers are coming through your home, make sure to keep all valuables and personal information out of sight. Also remove any family photos and replace with art. You want the potential buyer to be able to imagine themselves living in the home.
Once your home is ready to sell, the goal is to get it in front of as many buyers as possible. The best marketed homes have beautiful photos and compelling listing descriptions that draw in potential buyers.
Your home is officially on the market - Congratulations!
Your real estate agent will now use their connections to get the word out about your home to other agents and potential buyers.
A sign will be put in your front yard and all the marketing tools you discussed will be implemented.
Your online presence is one of the most important to a prospective buyer. Many people start their search here.
Having professional, well-lit photos will give you the upper edge of attracting your ideal buyer.
The most important thing to keep in mind while showing your home is flexibility.
Your real estate agent will set up private showings as well as an Open House to get as many potential buyers in your home as possible. Keep a daily to-do list, so you're ready to leave at a moment's notice.
Make sure to find a place for your pets during showings. You want the potential buyer to be able to envision themselves living here and that can be difficult with a barking dog in the background.
Depending on your market you may receive multiple offers if your home is priced right. Your real estate agent will be your best advocate at this point. They will help you review each offer and decide which is best for you.
An offer doesn't become binding until both the buyer and seller agree to the terms and sign a contract.
At this point, several things still need to occur before closing. These include... home inspection, title search, property survey and a final walk-through by the buyer within 24 hours of the closing.
Closing is the final step in your home selling process.
During the closing, the deed is delivered to the
buyer, the title is transferred, financing documents and title insurance policies are exchanged, and the agreed-on costs are paid.
Some final documents are signed. Keep in mind what you may be required to pay at closing including agent commissions, loan fees, title insurance charges and recording filing fees.
Congratulations on selling your home!