Here’s a step-by-step guide to selling a home:
Evaluate Your Financial Situation
- Determine your current mortgage balance.
- Assess potential profits after selling expenses (agent fees, taxes, closing costs).
Choose a Real Estate Agent
- Hire one of our experienced agent to guide you with pricing, marketing, and assist with negotiations.
- They’ll provide a comparative market analysis (CMA) to price your home competitively.
Prepare Your Home for Sale
- Declutter, clean, and stage your home to appeal to buyers.
- Address necessary repairs and consider inexpensive updates (e.g., painting or landscaping).
- Get a pre-listing inspection, if desired, to identify and fix potential issues.
Set a Competitive Price
- Price your home based on local market trends and comparable sales in your area.
- Avoid overpricing, which can discourage buyers.
List Your Home
- Your agent will market the property using professional photos, a strong listing description, and online platforms.
- Host open houses and schedule showings to attract buyers.
Receive and Review Offers
- Evaluate offers based on price, contingencies, and buyer qualifications.
- Negotiate terms with buyers if needed (e.g., price, repairs, closing date).
Accept an Offer and Open Escrow
- Once you accept an offer, the buyer will deposit earnest money into escrow.
- Work with your agent to meet contract deadlines and requirements.
Prepare for the Home Inspection and Appraisal
- Allow the buyer to conduct inspections and appraisals.
- Address any repair requests or re-negotiations that arise.
Close the Deal
- Sign closing documents, including the deed transfer.
- Pay off your mortgage and any other selling costs.
- Receive the proceeds from the sale.
Move Out (Before or after closing - Depending on contract terms)
- Coordinate your move before the closing date.
- Leave the home clean and ensure it’s ready for the new owner.
