Putting your home on the market can be a stressful process, especially when you don’t know what to expect. Fortunately, with the help of an experienced agent and this easy to follow guide, you can smoothly complete the process. Following these steps will help you prepare so you can get organized and sell your home for the best price possible.
What do you want to accomplish with the sale of your home? Do you want to make a certain amount of money that you can put toward a larger or nicer home? Do you need to sell it as soon as possible to facilitate a move to a new city or area? Once you understand your needs, you can better craft your offer. For example, if you need to sell quickly, you might want to price your home lower than if your goal is to make a certain profit margin. Make sure you convey these needs to your Real Estate Agent once you choose one so he or she can adjust your selling price accordingly.
Knowing how to price your home is one of the most important parts of the selling process. When you set a fair price in the beginning, you’ll get the most interest from other real estate agents and prospective buyers. Overpricing your home could lead to reduced interest, and underpricing leads to receiving less than what your home is worth. Working with a real estate agent is the best way to determine the right selling price for your home. An agent with experience can determine what other comparable homes are selling for, evaluate the current market, and may even suggest a home appraisal.
If you’ve kept your home in showroom condition since you’ve lived in it, you’re in the minority of homeowners. Once you price your home, it’s time to start getting it ready to be shown to potential buyers. This includes getting rid of clutter, depersonalizing the space so that buyers can envision themselves in the space, making any small repairs, and doing a deep clean to make sure your home is in pristine condition.
I will develop a marketing strategy that is perfect for advertising your home. This involves listing the home and then driving the right people to that listing through social media campaigns, agent-to-agent referrals, traditional media, or SEO advertising. My team creates a marketing campaign that aims to get the most possible traffic to your listing in the first three weeks after becoming a client.
Receiving an offer is an exciting part of the process, but it doesn’t mean the journey is over. I will evaluate each offer and make sure the party making the offer is prequalified or pre-approved by a mortgage lender and that their offer is acceptable to you. If the offer is too low, you can make a counter-offer or offer other ways to bridge the gap, such as covering some or all of the closing costs, making repairs, adjusting the move-in date, or leaving some appliances or fixtures for the new buyer.
Once I deem the offer is acceptable, I will review the proposed contract to make sure it’s all in order and includes the necessary components such as deposit amount, down payment, financing, inspection rights and repair allowances, contingencies, settlement date, and a list of fees and who will pay them. When both parties have agreed to the term, a final contract will be prepared by your agent.
You have accepted an offer and are now very close to the end of your selling journey. But first, you and the buyer must make a list of what needs to be done before closing. In some cases, your home may need to be formally inspected, surveyed, and appraised. In other cases, major or minor repairs will need to be made before the house can close. I will head up efforts to develop and execute this list, get each action item paid for by the correct party, and make sure everything is in order by the closing date. A few days before the closing date, I will call the company closing the transaction to make sure everything is ready to go. If you haven’t done so already, you also need to make arrangements to move out of the home so the new buyer can take possession.
You’ve reached the last step in the seller’s process. When you close on a home you are selling, you are legally transferring ownership of the property to the new buyer. I will meet with the company closing the transaction to sign the final paperwork and go over any issues that have not yet been taken care of. During this time, you can also make plans with your Real Estate Agent to handle final details such as canceling utilities, cable, and lawn or trash services, changing the name on accounts that the new owner is retaining and ensuring the new owner has instructions for all appliances that will remain in the home.
Once you have sold your home, you’re free to take the next step on your journey. Whether this is relocating to a new city, moving into a larger home, or downsizing and enjoying your life as empty-nesters, knowing all your selling responsibilities have been taken care of will help you achieve peace of mind for your new path.
I cannot stress enough how pleased I was with my experience working with Daniel Virag and his team. In today’s absolutely insane housing market, where homes are going up for sale in the morning and are sold later that afternoon, combined with my natural tendency to panic easily, it was incredibly reassuring to have Daniel in my corner to keep me calm while providing invaluable advice regarding how to approach this never-before-seen market. This was even more important for me since I am a first-time homeowner and was worried about finding someone trustworthy. Daniel always gave me the impression that he truly was doing good for my husband and I and a...— Rebecca S.
Daniel and his team were awesome to work with! Last year, when we were planning to move from DC to NC, we weren’t quite sure where in the Triangle Area we wanted to build. Daniel came with us to our first meeting with our builder to make sure everything they proposed was in line and to get an idea of the requirements of the lot we’d need to purchase in order to build our home. Because we weren’t super settled on where to live, we sent him around 30 possible lots we liked and he did a lot of research to help us narrow down the list to 8. And when we looked at those 8 lots with him, Daniel had called each owner or agent ahead of time to get additional...— Jennifer B.
I am a repeat customer. That should say it all! Daniel and his team assisted me with the purchase of my home while I was in another state. I was provided access to an app that gave me early viewing of new listings. Daniel provided a live video walkthrough of the homes I was interested in, pointing out any concerns he saw as we went along. He walked me through dealing with multiple offers on the house I wanted, ultimately getting me that house! 2 1/2 years later, he and his team got this same house up for sale and under contract in a matter of days!— Buyer & Seller
Daniel and the team truly love what they do and are dedicated to providing exceptional service for their clients. They look forward to the opportunity to work with you and help you navigate through the real estate process. Contact the team today for all of your buying and selling needs.