Selling your home is a complex, multi-step process that is ever changing. Utilizing the expertise of a REALTOR® is highly recommended. There are many things you’ll need to consider, and to help you through it, here’s a general overview on what to expect and prepare.
Have a look at your finances
The average family moves every 3.5 years so there are some things you will need to consider. Have a conversation with your lender to start the process so you can make an informed decision.
Meet With a REALTOR®
It’s important to partner with a REALTOR® you feel completely comfortable with. Don’t fall for the trap of partnering with the first REALTOR® who suggests the highest asking price. A good REALTOR® can help you price your home to sell, answer questions like “When is a good time to sell?” and has in-depth knowledge of the market.
Listing Your Home
Pricing your home too low or too high is not an option. Setting a fair price will attract the most potential buyers. Your REALTOR® should be able to explain to you the multitude of factors influencing pricing, including comparable sales, market trends, current market stats, and of course your home itself.
Marketing and Promotion
The next step will be to sign a Listing Agreement, which gives your REALTOR® permission to act in your best interest to get your house SOLD! They’ll begin marketing your home through a variety of mediums — digital and traditional — and inform other REALTORS® (representing buyers) that your property is on the market. Every REALTOR® markets their listings differently, make sure you understand what they will and will not be doing to get your home SOLD!
After all the hard work of marketing and promoting your home has paid off, you’ll hopefully have an offer to work through. Once you’ve accepted an offer, your buyer will want to conduct a home inspection and finalize all of their home buying conditions.
Finally, your lawyer and REALTOR® will walk you through the paperwork and legal bits needed to close.
If you're curious about what your home is worth in this market, feel free to reach out to me. I would be happy to help.