Selling your home is more complex than merely placing a sign and hoping for a phone call. The process can actually be quite complex and has many steps to see it to fruition. The experience can however, be made to run smoothly with the help of an experienced and knowledgeable REALTOR®. The following is a list of things which you’ll need to consider to help complete a successful sale.
Talk to your lender before you start the process. Items such as balance of mortgage, payout penalties, incentives and/or ability to port your mortgage, etc. will all come in to play.
Choosing a REALTOR®
It’s important to find a REALTOR® that you feel comfortable with. The selling process may take a while, so compatibility and great communication is essential. Do your homework and choose your REALTOR® based on their experience, knowledge of your market, track record and their marketing plan. Don’t fall for the trap of choosing the REALTOR® who merely suggests the highest asking price.
Checking with family and friends to see if they have a preferred REALTOR® and/or search online for the most professional one with a large marketing presence.
Listing Your Home
The successful sale of your home requires the perfect blend of the right price, extensive marketing and sound negotiating.
As your REALTOR® I will explain to you the factors currently influencing pricing, including: current competition, time of year, mortgage rules and interest rates, etc. and of course, offer suggestions on how we can obtain the highest possible price.
The next step is to sign a Listing Agreement and start the marketing cycle. As your REALTOR®, I will upload your property to the MLS system. I’ll then market your home in a variety of locations and mediums, including traditional print ads, online presence, social media blitz campaigns, both public and REALTOR® open houses and to other agents for their perspective buyers.
After the hard work of marketing and promoting your home pays off, we’ll hopefully have a few offers on the table. . Once you’ve accepted an offer, the buyer will most likely have to get final approval for financing and want to obtain a home inspection. They may also want to negotiate the cost of any repairs. Finally, with the help of your lawyer and me, we'll aid with the legal paperwork that is needed to close.