In this section you will learn the property selling process for a typical single-family residence. We will start with finding a real estate professional, but the decision to sell your home comes before that. Contacting a real estate professional can help put a lot of questions as ease. They have a ton of experience and can guide you along your home selling journey. They can answer questions you haven't even thought of yet! As always, if you have any questions, you can reach out to our team for the answers anytime!
Finding a real estate professional is essential to the success of selling your home in a timely manner and for the highest amount the market will bear. Your agent will also help you avoid any legal and liability pitfalls you may face when it comes to selling your property as well.
Knowing what your property is worth is paramount in the success of its' sale. Over price your house and it can sit on the market forever, underprice your property and you could be leaving a lot of money on the table. Your realtor will be able to home in on the target price you should be advertising at.
Along with figuring out the price of your property, your agent will discuss with you the best practices they will take to get your property sold in a timely manner for top dollar. From social media, to posting on the MLS, to farming your development, video ads- you name it, there are a ton of ways to advertise your property in a creative way.
You should know your timeframe that you need to do the various steps of property selling to allow yourself ample time to get things done in. How long will it take to get some maintenance done before it goes on market, to getting packed before closing-your agent will help you with the timing on this.
The first order of any property sale is CLEAN, CLEAN, CLEAN. A clean house is the best way to help it sell quickly. Your agent will be able to tell you what can or should get fixed before the sale of your property. From keeping the lawn tidy to fixing some holes in the wall, simple fixes will go a long way when impressing buyers.
The day has come to put your house on-market! Your agent can put a sign in the front yard and host an Open House to attract buyers. They will also coordinate showings with other agents and buyers without agents as well as answer detailed questions about the property, taking the stress and burden off your shoulders.
After some time, your agent will receive purchase offers on your property and they will present all offers to you and help you decide which offer is best. More goes into it than just the highest offer. Mortgage lenders, mortgage types, down payments, timeframes to close, contingencies and other criteria go into making the best decision for you and your property sale.
After you have selected an offer, numerous things happen including home inspections, attorneys working out the contract terms, underwriting from the mortgage lender, surveys, title report, etc. Now is a good time to pack (if you haven't already), get final items for closing ready, move to your new home and others. Typically, it takes about 2 months to get to the closing table from the purchase offer being selected.
You have finally heard the buyer is "clear to close" and your attorney has notified you of the closing date. Make sure the property is broom swept, all of your items are moved out and that keys and garage openers are ready for the buyers. The buyers will typically do a final walk through just before the closing time and your agent will arrange to get the key(s) from the house to the new owners. Congrats! - you've closed and you're on to the next chapter of your life.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.