Selling your home is a big decision and an exhausting one too. You would want everything to go right. However, most people don’t know what goes into selling a house. Whether you are hiring a listing agent or listing yourself, the process of selling your home remains the same. Knowing that process can help you get the best deal and a quick sale for your house.
Here’s a step-by-step guide to selling your home.
Find the right real estate agent
The first thing you need to do is find a professional real estate agent. Having the right agent can make the entire process effortless. They can take away most of the responsibilities from your hand and guide you in the right direction to make the best sale. When choosing an agent, consider some factors like reviews and the number of recent transactions. Here you can see more ways to choose the right agent.
Get a valuation of your house
Once you have chosen a real estate agent, the next step is to determine your home’s worth in the market. One way to do that is to look at the Comparative Market Analysis report, which shows at what price range properties similar to yours have been recently sold. You can ask your real estate agent to prepare a CMA for you.
Get the repairs done
Before putting your house up for sale, it is essential to fix any apparent or underlying problems it has. Clean, repair or replace anything you think can reduce the value of your home and make it less appealing to the buyers. You should also focus on cleaning and removing any clutter in the house.
Fill out seller disclosures
State laws bind you to disclose any problem in your house that may cause issues to the buyers. It includes sharing information about leaks, faulty wiring, pest infestation, and even whether you had pets. All this information is crucial to knowing the safety and habitability of your house.
Start marketing your house
Now you are all set to market your house to potential buyers. Take some nice pictures of your home and post them on online selling platforms. You should also list it on the MLS. Advertise it online and offline, and it’s a good idea to host an open house. Your real estate agent can help you with the marketing, too.
Receive offers and negotiate
As people view your house, you will get multiple offers for your home. To get the best price for your home, you need to negotiate among the bids you receive. Keep track of all your offers and work through them one by one.
Hire a title company
Once you have the right offer, you can move on to hiring a title company. Your agent can introduce you to a few title companies, and you can choose the most suitable one. The buyer may also send an earnest money deposit (a.k.a good faith deposit), to show they are serious about purchasing your home.
Get a home inspection done
You should also get a home inspection done to increase the credibility and value of your home. Inspection reports help get a fair deal for everyone. Also, if the buyer is taking a loan, there may be a third-party appraisal as well.
After the home inspection, the buyer may request that you make some repairs. You may or may not uphold these requests depending on how necessary and costly they are.
Sign all the documents to seal the deal
Ensure that the title company and mortgage company have everything covered before you sign the title transfer documents, escrow, and other legal documents and transfer the keys.
About Carri McLure
If you are looking for a professional real estate agent to help you sell or buy a home in the Florida region, Carri McLure should definitely be on your radar. With years of professional experience in marketing property, Carri ensures you get only the best price for your property. You can reach out to Carri at (863)-594-4041 or fill out the online contact form to know more.