Is Now the Right Time to Sell Your Home?
Let us help you find the answer! Selling your home is a complex, multi-step process that calls for the expertise of a Realtor. There are many things you’ll need to consider. To help you through it, here’s a general overview on what to expect and how to prepare.
Selling your home is a complex, multi-step process that calls for the expertise of a Realtor. There are many things you’ll need to consider. To help you through it, here’s a general overview on what to expect and how to prepare.
Selling Your Home
Get Your Finances in Order
Don’t worry if you are still paying off your mortgage. Part of the selling process is cared for by the Escrow company who will coordinate the payoffs. What will you do with the money you make? Need a CPA or financial advisor on the team? What if you think you may not have any equity? We will give you options.
Meet With a Real Estate Agent
It’s important to partner with a Realtor you feel completely comfortable with, and has a proven marketing plan. Don’t fall for the trap of partnering with the first Realtor who suggests the highest asking price. Shop around! A good Realtor can help you price your home to sell, answer questions like “When is a good time to sell?” and has in-depth knowledge of the market.
Start your search for a reputable Realtor by checking if family and friends have a preferred real estate agent, or search online for the most visible and professional one. Visit your local real estate office; pay attention to advertisements and For Sale signs.
Listing Your Home
Pricing your home too low or too high is not an option. Setting a fair price will attract more potential buyers, and give your home more exposure. Your real estate agent should be able to explain to you the multitude of factors influencing pricing, including: competitive pricing, current market stats, and of course the estimated value of your home.
Marketing And Promotion
The next step will be to sign a Listing Agreement. They’ll then begin marketing your home through a variety of mediums — digital and traditional — and inform other real estate agents (representing buyers) that your property is on the market. Your Realtor can also help you prepare your home for staging.
Closing
After the hard work of marketing and promoting your home pays off, you’ll hopefully have a few offers on the table. Once you’ve accepted an offer, your buyer will want to conduct a home inspection and (potentially) negotiate the cost of any repairs. Finally, your Closing Escrow Agent and Realtor will walk you through the paperwork and legal bits needed to close.
Resources
It’s difficult to know when is the best time to sell, or how to get the most money for your house, but you don’t need to go through the process alone. Are prices rising or falling? How much competition are you facing? This free eGuide will answer many of your questions and likely bring up a few things you haven’t thought about yet.
Find Out What Your Home is Really Worth
If you don’t know the value of your home, you won’t know how to price it when it’s time to list. Get your free comparative market analysis below and we’ll help you price your home just right!