Selling your home is an intricate, multi-step process that demands the expertise of a Real Estate Agent. To guide you through this journey, here’s an overview of what to expect and prepare:
1. Get Your Finances in Order
If you’re still paying off your mortgage, explore options based on your mortgage type. Consult your lender before proceeding.
2. Meet With a Real Estate Agent
Partner with a Real Estate Agent with whom you feel completely comfortable.
Avoid the allure of the first agent suggesting the highest asking price. Shop around for the right fit. A good Real Estate Agent assists in pricing, answers key questions, and possesses in-depth market knowledge. Start your search by checking with family and friends for recommendations or explore online for reputable agents.
3. Listing Your Home
Set a fair price to attract potential buyers and maximize exposure. Your Real Estate Agent should explain factors influencing pricing, such as competitive pricing, market stats, and the estimated value of your home.
4. Marketing And Promotion
Sign a Listing Agreement to permit your REALTOR® to post your property on MLS. Utilize various mediums, both digital and traditional, to market your home. Your REALTOR® can assist in preparing your home for staging.
5. Closing
After successful marketing efforts, consider multiple offers on the table. Upon accepting an offer, the buyer may conduct a home inspection and negotiate repair costs. Your lawyer and Real Estate Agent guide you through the necessary paperwork and legal aspects to close the sale. Congratulations! With the sale complete, you can now begin your search for a new place.