10 Steps in Selling Your Home

10 Steps in Selling Your Home

Knowing the process to sell your home helps to ensure that your home does not sit on the market for a lengthy time and that you get top dollar for the home.  There are many helpful tips that follow that will not only ensure a smooth selling process, but, an optimal one.

10 Steps in Selling Your Home

  1. Before you place your home on the market, prepare it.  This means get out the clutter, give it a fresh coat of paint, make sure the yard is groomed, and enhance the home however possible.  There are many “staging” a home tips which can easily be found on the Internet.
  2.  Find a real estate agent.  This is likely the best piece of advice that I can offer.  A real estate agent will ensure that the selling process is smooth and legal and that you get top dollar for your home.
  3. Be competitive in pricing.  It is important to be wise and do not over value your home, no matter what your attachment.  Look at the homes in your area that are similar and be competitive when pricing your home and price the home at its true market value.
  4. Market the home.  Your real estate agent should have your home listed in the MLS listing, as well as, have open houses on the weekend that are advertised in the local paper.  Also, make sure that there is proper signage in the yard, and that you have flyers that detail the specifics of the home.
  5. When it comes time to show the home, make it appealing.  Bake fresh cookies or boil cinnamon and nutmeg on the stove in a quart of water.  The aroma will entice the prospects and give them a comfortable, “homey” feeling.
  6. Know what you will accept.  Determine a price that you will accept, how fast you would like the house to close, what you will be taking and leaving, such as, blinds and appliances and any contingencies.
  7. Negotiate.  When you receive an offer that you do not accept, counter offer with what you want for your home and negotiate with the buyer.
  8. Accept an offer that you approve, Once you accept the offer, you will work closely with your real estate agent.  Your realtor will guide you through the process of all the legalities and what needs to be done.
  9. Select a title company.
  10. Buyer’s appraisal and closing.  The buyer’s lender will coordinate their appraisal of the property and confirm that there are no outstanding liens.  After closing, all money will be collected and the deed transfer after any existing loans or liens have been paid.

About the Author: Mike Pannell is a Plano Real Estate agent helping both sellers and buyers complete their real estate transactions. For more blogs & articles about the Texas Real Estate market please visit our Dallas Real Estate blog

1 Comment

  1. carry on such nice posts…

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