Deciding to sell your home can be based on many factors and our duty at Shannon Ellis & Associates Realty is to cater our listing services based on your reasons for selling. We don't just stick a sign in the yard, post in on social media and list it in the MLS; we know what it takes to get your home sold. We know what buyers are looking for, how to market your property and how to properly price your property. We promise to provide you with a patient, personable and professional real estate experience and we will keep you informed every step of the way. When you are ready to sell let's get the conversation started. Below are a few pointers to consider when selling your home- this list is not all inclusive and only meant to give an overview.
FIND A PROFESSIONAL – A real estate agent is a huge asset to you as you you go through the home-selling process. This is one of the biggest transactions of your life and you need a skilled professional guiding you through the process. Your agent will be working with your best interests in mind and can help guide you through all the stages of selling your home.
ESTABLISH A PRICE – The listing price is one of the most important factors in a successful home sale. Many people tend to list too high and they either have to move greatly on the price or it takes much longer to get any offers. Your real estate agent should be an expert in what homes are selling for in your area. Lean on them to help guide you in setting the perfect starting price. Homes that are competitively priced have a much greater chance of selling in a timely manner.
PREPARE YOUR HOME – There are many quick and inexpensive things you can do to increase the curb appeal and impression of your home. Do a quick spruce up around the inside and outside of the home. Include things like decluttering, checking for leaky faucets and pulling weeds in the front yard. Also you want potential buyers to be able to see themselves living in the home.
MARKETING – Once your home is ready to sell, the goal is to get it in front of as many buyers as possible. The best marketed homes have beautiful photos and compelling listing descriptions that draw in qualified buyers.
LISTING AND SHOWINGS- Your home is officially on the market and showing have started. Keep in mind you will need to be flexible for showings. You and and your agent will come up with a plan to schedule showings.
OFFERS AND NEGOTIATIONS - You will more than likely receive multiple offers and your agent will confirm the background information on the offers received. Your agent should be prepared to explain each offer and highlight pros and cons of each offer received. Be prepared to negotiate. When you receive an offer you have a few choices. You can accept the offer as it is, make a counter-offer or reject the offer altogether. It can sometimes take a couple of counter-offers back and forth before an agreement is made on both sides.
UNDER CONTRACT - An offer doesn't become binding until both the buyer and seller agree to the terms and sign a contract. Your agent will guide you on how to negotiate to sell. You will want to negotiate so that it is a win-win for both buyer and seller. Also at this point, several things still need to occur before closing. These include... home inspection, title search, property appraisal etc.
FINAL DETAILS - This is a great time to get started packing. Make sure to keep current on insurances. Your real estate professional will provide you with a list of things you and the buyer must do before closing. Also be prepared as delays can happen.
CLOSING - Closing is the final step in your home selling process. During the closing, the deed is delivered to the buyer, the title is transferred, financing documents and title insurance policies are exchanged, and the agreed-on costs are paid. Some of the final documents are signed. Keep in mind what you may be required to pay at closing including agent commissions, loan fees, title insurance charges and recording filing fees. Congratulations on selling your home!
Not sure about what your property is worth, click the link below for a free market analysis.
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