Selling Your Home
Attracting the highest possible value for your home requires proper preparation, effective marketing and an expert knowledge of local market conditions. We can help you navigate the process and ensure your experience is as positive as it is successful.
Evaluating Your Home
The first step in selling a home is to assess its current condition. Any cosmetic or functional issues should be addressed, as well as any prospective upgrades or changes that could add value to your asset. It's worth noting that some issues may need disclosing to potential buyers. We'll go over the results and choices to make sure your home is in the greatest possible shape to attract purchasers.
Choosing An Asking Price
Location, condition, age, supply and demand, as well as local market conditions, are all significant aspects to consider when calculating a competitive list price for your home. Conducting a Comparative Market Analysis (CMA) of similar houses that have recently sold in your neighborhood will also be beneficial. You can also arrange for a professional appraisal of your home ahead of time. Understanding what the market will pay is crucial to a successful sale, and all of these considerations will guide in your decision to set a list price.
Getting Market Ready
Preparing your property for sale can have a significant impact on the price a buyer is willing to pay. There are three major factors to consider depending on the state of the home: maintenance and repairs, renovations and improvements, and staging. Getting your home ready for the market can entail a variety of jobs, ranging from decluttering and resolving maintenance problems to updating paint colors and taking care of landscaping needs. It may also be beneficial to hire a professional to stage the home. The goal of this process is to have your home ready to make a great first impression and attract the best bids possible.
Listing Your Home
When the home is ready to sell, we'll hire a professional photographer to shoot the entire property. Your home will then be listed on the local MLS and published to hundreds of real estate websites, brokerages, and agents in your area. To reach the biggest audience feasible inside the target market, other advertising tactics may be used. Creating a personalized marketing strategy for your home will help you attract the ideal buyer.
Home Showings
Home showings will begin once your home has been listed. Holding an open house could also be beneficial. Home showings are typically conducted without the presence of the homeowner, but you will be advised of any appointments in advance, and showings can be booked at certain times to reduce inconvenience. This provides a warm and inviting environment for potential buyers touring the property.
Receiving Offers
A buyer will make an offer, or numerous bids, which you can accept, counter, or reject. If you make a counter, we shall enter a period of negotiation until all parties have agreed, or you choose to reject the latest counter. Negotiations might include settling on a sale price, concessions, and financing, among other things.
Appraisal & Inspection
After reaching an agreement, the buyer may request a professional inspection and appraisal to assess the home's condition and value. We may start another round of negotiations based on the findings of these reports until all parties reach an agreement. You may choose to make repairs requested by the buyer to optimize other negotiating elements, depending on your negotiation strategy.
Closing!
Closing day! The buyer's lender will issue a final approval to close, and you will sign the necessary documents to complete the transaction. This procedure usually takes an hour or two to complete. Your title firm will send the net profits of the transaction to your bank account once all parties have signed the paperwork, and your home will be officially sold!
What's My Home Worth?
Thinking of Selling? Fill out the form below to request a home valuation.