Sellers
Selling real estate involves several steps, from preparing your property for sale to completing the transaction. Here’s an overview of the typical process for sellers to help you navigate the process successfully in partnership with your Real Estate Agent.
Preparation Stage
Choose a Real Estate Agent
Consider hiring a real estate agent to help you navigate the selling process and market your property effectively.
Assess Your Property
Begin by evaluating your property’s condition and determining any necessary repairs or improvements.
Set a Realistic Price
Research comparable properties in your area to determine a competitive listing price.
Gather Documents
Collect important documents related to your property, such as deeds, title insurance, property tax records, and any relevant permits or renovations.
Marketing Your Property
Photography and Staging
Invest in professional photography and consider staging your home to make it more attractive to potential buyers.
Online Listings
Create compelling online listings on popular real estate websites, showcasing your property’s best features.
Open Houses and Showings
Host open houses and schedule private showings to allow potential buyers to view your property.
Negotiation and Acceptance
Review Offers
Evaluate offers from potential buyers, considering factors such as price, contingencies, and proposed closing dates.
Negotiate Terms
Negotiate with buyers to reach mutually agreeable terms, such as price adjustments, repairs, or closing cost contributions.
Acceptance
Once you’ve agreed on terms with a buyer, accept their offer in writing, and proceed to the next steps.
Under Contract and Closing
Due Diligence
During the contract period, the buyer will typically conduct inspections and finalize financing.
Address Contingencies
Work with the buyer to address any contingencies outlined in the contract, such as repairs or appraisal issues.
Closing Preparation
Coordinate with your real estate agent, attorney, and other parties involved to prepare for the closing.
Closing Day
Attend the closing meeting to sign the necessary paperwork and transfer ownership of the property to the buyer.