Now that Spring is just around the corner….you may be considering selling your home. Here's a very basic home seller checklist to help you navigate the key steps when selling your home:
Before Listing or going on the market:
- Prepare Your Home for market by:
Declutter and clean the home.
Complete any necessary repairs.
Consider simple home improvements to enhance the appeal. - Set a Realistic Asking Price:
Research comparable home sales in your area to determine a competitive listing price. - Hire a Real Estate Agent:
Find a local real estate agent with experience in your neighborhood. An experienced Realtor can also assist you with the first 2 on this list as well as the remaining items!
Listing Your Home:
- Professional Photography:
Arrange for professional photos to showcase your home. - Create Marketing Materials:
Develop a compelling listing description highlighting key features.
Consider virtual tours or videos to showcase the property. - Online Listing:
List your home on real estate websites and the local Multiple Listing Service (MLS).
Negotiation and Accepting Offers:
- Review Offers:
Carefully review and evaluate offers received. - Negotiate Terms:
Work with your real estate agent to negotiate the terms with potential buyers. - Accept an Offer:
Accept a suitable offer in writing.
Escrow and Closing:
- Open Escrow:
Coordinate with the chosen title or closing attorney to open an escrow account. - Cooperate with Inspections:
Allow potential buyers to conduct inspections as outlined in the purchase agreement. - Address Repair Requests:
Address any agreed-upon repairs or negotiate solutions. - Finalize Paperwork:
Complete all necessary paperwork with the title or closing attorney. - Closing Day:
Attend the closing to sign final documents and transfer ownership.
Pre-Closing activities:
- Transfer Utilities:
Coordinate the transfer of utilities to the new owner to be completed on or just after the closing date. - Change of Address:
Update your address with the post office, banks, and relevant institutions. - Leave Instructions for New Owners:
Provide necessary information, such as manuals and warranties, garage remotes, key fobs, and smart home devices to the new owners. - Celebrate and Move On:
Celebrate the successful sale of your home and plan for your next steps.
This basic checklist covers the essential steps involved in selling a home. Depending on your specific situation and local regulations, additional considerations may arise. Working closely with a real estate professional can provide valuable guidance throughout the process.
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