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A Step-by-Step First Time Seller's Guide

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 team of real estate agents 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.

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Step 1: Understand Why You're Selling

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, we can better craft your listing.

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Step 2: Call Us

When you're ready to sell your house, calling us is the best decision you can make. Let us take the stress off your plate. We’ll meet with you to evaluate how best to get your home ready for the market, whether that means minor or major updates, inspections, staging, or even yard cleanup and landscaping. Our team knows what buyers are looking for and understands the competition, so we can help you put your best foot forward. We’ll also develop a customized marketing plan to showcase your home and property, ensuring it stands out in a competitive market. With our experience and personalized approach, we make selling your home smooth, stress-free, and rewarding. 

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Step 3: Determine a Sales Price

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 us is the best way to determine the right selling price for your home. We can help determine what other comparable homes are selling for and evaluate the current market.

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Step 4: Start Preparations

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.

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Step 5: Develop a Marketing Strategy

We will develop a marketing strategy that is perfect for advertising your home. We schedule a photo and/or video shoot. 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. We create a marketing campaign that showcases all the wonderful attributes of your home and/or property, while also aiming to get the most possible traffic to your listing.

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Step 6: Evaluate Offers

Receiving an offer is an exciting part of the process, but it doesn’t mean the journey is over. We 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.

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Step 7: Accept an Offer

When an offer to buy is presented, we 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 terms, a final contract will be signed by all parties. 

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Step 8: Once In Contract With a Buyer

You have accepted an offer and are now in contract with a buyer. The buyer deposits their “good faith” money in the escrow account. You are another step closer to the end of your selling journey.  You and the buyer will 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 deal can close. We will head up efforts to develop and execute this list, manage and track each action item, and make sure everything is in order by the closing date. We will stay in touch with the title and escrow company and buyers lender all along the way making sure everything is in order and staying on track. As we clear the way and satisfy all the requirements while in escrow, you will be making arrangements to move out of the home so the new buyer can take possession.

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Step 9: Close Escrow

You’ve reached the last step in the seller’s process. When you close escrow on a home you are selling, you are legally transferring ownership of the property to the new buyer. We will accompany you to meet with the title and escrow company closing the transaction to sign the final paperwork. During this time, you can also make plans 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.

Congratulations!

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.

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A Legacy Built on Trust

There’s something about a mother-daughter team. The experience of a seasoned agent combined with the perspective of youth – that makes the team-client relationship special. Team Tyler Nehf is family, and we see clients as family, too. If you’re looking for representation you can trust, we would love to hear from you!