Seller – Amal Pillai Realty

SELLER'S GUIDE

A BEGINNER'S GUIDE TO SELLING YOUR HOME: A STEP-BY-STEP GUIDE

Selling your house might seem daunting, but with the right team of real estate agents and some straightforward advice, you can navigate the process smoothly and get the best price. Prepare yourself with these tips and get ready to sell your house efficiently. All rights reserved.

STEP 1: CLARIFY YOUR MOTIVATION FOR SELLING

What are your goals with selling your house? Are you aiming for a certain income level to upgrade to a larger home? Is there urgency to sell for a relocation? Identifying your needs guides pricing strategy. For instance, selling quickly may warrant a lower price compared to maximizing profit. Communicate these priorities to your real estate broker for pricing adjustments.

STEP 2: ESTABLISH YOUR ASKING PRICE

Determining the optimal price for your house is vital in the selling process. Setting a fair price early on attracts the attention of potential buyers and real estate brokers. Overpricing may lead to decreased interest, while underpricing risks undervaluing your property. Collaborating with a team of real estate brokers is the most effective way to find the ideal selling price. They can analyze the current market, compare prices of similar properties, and offer home evaluation recommendations.

STEP 3: BEGIN PREPARATIONS

If your house has been kept pristine since you moved in, you’re in the minority of homeowners. Once your home is priced, it’s time to prep it for potential buyers by decluttering, depersonalizing, fixing minor issues, and giving it a thorough clean to make sure it’s in top shape.

STEP 4: CRAFT YOUR MARKETING PLAN

We’ll craft a tailored marketing strategy to showcase your house, involving listing it and leveraging various channels like traditional media, SEO ads, agent referrals, social media, or other methods to reach the right audience. Within the initial three weeks after onboarding, our team focuses on maximizing traffic to your listing through a dynamic marketing approach.

STEP 5: ASSESS OFFERS

Even after receiving an offer, the journey isn’t over. We’ll carefully review each offer to make sure it meets your needs and that the offeror is financially qualified. If an offer falls short, you can counter with a higher price or propose alternative solutions like covering closing costs, making property repairs, adjusting the move-in date, or leaving certain fixtures and appliances.

STEP 6: AGREE TO AN OFFER

STEP 7: PREPARE FOR CLOSING

“Once you’ve accepted the offer, your selling journey is nearly done. Before closing, both you and the buyer need to compile a list of tasks to complete. This may involve getting an official survey, inspection, and appraisal for your house. Depending on the situation, closing might also be contingent on making major or minor repairs. We’ll handle the creation and execution of this checklist, ensuring each task is paid for by the appropriate party and completed on time. A few days before the closing date, we’ll touch base with the finalizing company to ensure everything is in order. If any tasks remain unfinished…”

STEP 8: FINALIZE THE DEAL

You’ve reached the last step in the seller’s process. When the deal is closed, ownership of the house you’re selling legally transfers to the new buyer. We’ll meet with the company finalizing the deal to sign the last documents and address any remaining issues. With your team of real estate brokers, you can plan this phase to handle final details such as updating account names, discontinuing utilities and services like cable, lawn care, and trash collection, and ensuring the new owner receives instructions for all appliances remaining in the house.

CONGRATULATIONS!

Once your house is sold, you’re free to embark on your travels. With all selling duties taken care of, whether you’re relocating, upsizing, or downsizing, you can confidently embrace your new journey.