So, you’ve outgrown your starter home and want to sell it to buy a bigger one. Or you may be near retirement and want to downsize to a condo. Whatever your reason for selling your current house, you need to approach your home sale with a level head. If you’re a first-time seller, or if your previous sale didn’t go as expected, our guide will help you with this upcoming sale. The following are the 6 most important things you’ll be so glad to have known before starting the intricate sale process.
🙋♂️ How to Find Agents for Selling Houses
The first step to a successful home sale is finding a trusted local real estate agent. Selling your house through a real estate agent can be less stressful and save you time. We know the area and will work on your behalf to help you receive the best return on your investment.
We’ll work with you to develop a marketing plan that gets your listing in front of as many potential home buyers as possible. We use social media, online listings, and more traditional methods to showcase your home.
🏡 How to Stage Your Home for Sale
Staging your home is a step that could make or break your sale, depending on how you do it. First impressions always matter, so staging it correctly the first time is crucial. By doing it correctly, you’ll maximize interest from online buyers, giving you a good chance for a swift sale at a good price.
Staging your house involves several steps: getting rid of the clutter, repairing and cleaning as much as you possibly can, and arranging furniture in a way that reveals the best possible look of your house. Relying on a professional house stager can go a long way in bringing out the best in your adorable house, but we’ll be happy to offer suggestions if you feel stuck deciding how you should go about staging.
💵 How to Price Your Home for Sale
Before putting your house on the market, you must work out a pricing contingency plan. It’s very important to set the right price for your house right out of the gate. The price should neither be too high, nor too low. It should make sense for the style of home, the current market, and any upgrades you’ve made to the property.
To get an initial idea of the home’s value, try an online home value estimator. The results will give you a base idea, but keep in mind it doesn’t take other factors into account like the other homes that have recently sold in your area. Contact us for a comprehensive report that does a better job of giving you an accurate estimate of your home’s value.
💰 What Happens When You Receive an Offer
At this point, you’ll have interest in your house, potential buyers coming for showings, and buyers making offers. We will show you every offer that’s made by potential buyers and will also advise on the ones that are reasonable. After reviewing each of the offers, you’ll have 3 options: to accept, to reject, or counteroffer.
📝 What Happens When You Accept an Offer
If you go by the first option – accepting the offer – then the sales progression will officially begin. At this stage, you and the buyer negotiate the draft contract. You’ll have to settle on the duration between exchange and completion. After negotiating the terms of contract, the final contract will be finalized and exchanged. At this point, both you and the buyer will be legally committed to the sale.
🚪 What to Expect at Closing of the House
Once the house officially changes ownership, you’ll accept payment and handover the house keys. The deed and the bulk of the money will be transferred as is suitable for your situation. You’ll have the time you agreed upon to vacate the property.