Selling a home can be a daunting process, but with the right preparation and steps, you can make this transition a lot smoother. Whether you're looking to upgrade or downsize, it's important to have a solid plan in place before deciding to sell. In this blog post, we will guide you through the necessary steps to sell your home successfully.
Step 1: Do Your Homework
Before you put your home on the market, take some time to do your homework. Consider whether you want to save the home and rent it, or if it needs any improvements to increase its resale value. It's also essential to prepare your financials, including your current mortgage payment and whether you will be buying a new home or renting after you sell. Keep in mind that timing is critical when selling your home, so plan accordingly.
Photo Credit: Kaytlyn Perez Photography
Step 2: Hire An Agent (Me!)
Hiring a reputable, experienced agent is crucial when selling your home. They will help you navigate the complex process of selling a home, offer advice on pricing, market your home, and facilitate the negotiation process. They also understand the legal requirements of selling a home and handle all of the paperwork so that you can focus on other aspects of the move.
Step 3: Paperwork
The seller's property disclosure is essential to ensure that the buyer is aware of any potential issues with the home. Additionally, you must have a list price in mind, a commission agreement with your agent, current loan balance, and HOA documents at hand. It's also important to decide what will be included in the sale, such as appliances or fixtures.
Step 4: House Preparation For Sale
Preparing your home for sale is a critical step in getting the best possible price for your property. Consider cleaning, decluttering, organizing, and staging your home to showcase its full potential. Home repairs are also necessary, such as sealing leaks, fixing broken tiles, and repainting walls. Additionally, curb appeal is essential, so make sure the lawn is manicured, and the exterior of the home looks well-maintained.
Step 5: Pre-Listing Prep
This step involves staging your home to showcase its best features. Professional photography, marketing plans, and open house schedules are all crucial components of this step. The goal is to generate interest in your home and attract potential buyers.
Step 6: Go Live
Once everything is in place, it's time to put your home on the market. Your agent will use various marketing channels to ensure that your home is being viewed by potential buyers. They will also evaluate any feedback from the showings to see if any adjustments need to be made.
Step 7: Facilitate The Process To Receive And Select An Offer
When buyers start to show interest in your home, you will receive offers. Your agent will work with you to evaluate each offer and help you choose the best one based on your needs and requirements. It's essential to keep in mind that negotiations are common in this stage, so be prepared to communicate with the buyers.
Step 8: Under Contract Process
Once a buyer's offer has been accepted, the under contract process begins. The buyer typically has some time to perform inspections and appraisals. Additionally, the lender may have specific requirements that must be met before the sale can proceed.
Step 9: Close on your home
The final step is to close on your home. This typically involves signing documentation, including the transfer of ownership and payment of fees. Congratulations, you've sold your home!
Photo Credit: Kaytlyn Perez Photography
Let Me Help Sell Your Home
In conclusion, selling your home can be a stressful process, but with the guidance and expertise of an experienced agent and a solid plan in place, you can sell your home successfully and move on to the next chapter of your life. By following these steps, you can ensure that you get the best possible price for your property while minimizing the hassle and stress that come with the process.
Photo Credit: Kaytlyn Perez Photography
Chelsea Steen Realtor
740-334-9898