Seller's Guide

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 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.​​​​​​​

How much is your home worth?

  • Instant property valuation
  • Expert advice
  • Sell for more
main

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 location? Once you understand your needs, you can better craft your listing strategy. 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.

main

Step 2: Determine Selling Price

Knowing how to price your home is one of the most important parts of the selling process. When you set the right price in the beginning, you’ll get the most interest from prospective buyers. Overpricing your home could lead to reduced interest and 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. Our experienced agents can help determine what other comparable homes are selling for, evaluate the current market, and provide you with the right value to list your home for.

main

Step 3: Start Preparations

If you’ve kept your home in showroom condition since you’ve lived in it, you’re in the minority of homeowners. Now 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.

main

Step 4: Develop a Marketing Strategy

We will develop a marketing strategy that is perfect for advertising your home. This involves listing the home and then driving the right people to your listing through social media campaigns, agent-to- agent referrals, traditional media, or SEO advertising. Our team creates a marketing campaign that aims to get the most traffic to your listing in the first three weeks after becoming a client.

main

Step 5: 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 counteroffer or offer other ways to bridge the gap, adjusting the move-in date, or leaving some appliances or fixtures for the new buyer. We will ensure you that we will negotiate on your behalf to the highest and best value.

main

Step 6: Accept an Offer

Once we deem the offer is acceptable, 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 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 prepared.

main

Step 7: Get Ready to Close

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. We 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, we will call the party 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.

main

Step 8: Close

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. We 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 REALTOR 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.

Work With Us

Connie Widmann & Team is happy to provide you with a free market evaluation to help determine what your home is worth in today's marketplace, meet with you to guide you in preparing your home for the marketplace, or get you headed in the right direction when renting or purchasing your new home. If there is anything we can help you with, call or email us and we will be in touch!

Follow Us on Instagram