Everything You Need To Know About Putting Your Home On The Market, Accepting An Offer, And Closing On Your Home
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.
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 new city or area? Once you understand your needs, you can better craft your offer. 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. Make sure you convey these needs to your realtor once you choose one so he or she can adjust your selling price accordingly.
Knowing how to price your home is one of the most important parts of the selling process. When you set a fair price in the beginning, you’ll get the most interest from other real estate agents and prospective buyers. Overpricing your home could lead to reduced interest, and underpricing leads to 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. An agent with experience can determine what other comparable homes are selling for, evaluate the current market, and may even suggest a home appraisal.
If you’ve kept your home in showroom condition since you’ve lived in it, you’re in the minority of homeowners. Once you price your home, 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.
I will develop a marketing strategy that is perfect for advertising your home. This involves listing the home and then driving the right people to that listing through social media campaigns, agent-to-agent referrals, traditional media, or SEO advertising. My team creates a marketing campaign that aims to get the most possible traffic to your listing in the first three weeks after becoming a client.
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 counter-offer or offer other ways to bridge the gap, such as covering some or all of the closing costs, making repairs, adjusting the move-in date, or leaving some appliances or fixtures for the new buyer.
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 rights and repair allowances, contingencies, settlement date, and a list of fees and who will pay them. When both parties have agreed to the term, a final contract will be prepared by your agent.
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. I 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 company 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.
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 your lawyer 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 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.
I would like to highly appreciate the great service which I have received from Ms. M. Razavi, the well-skilled Real Estate agent from Royal LePage. Megan is a very sharp, insightful agent along with a great friendly manner. Her skills are full of strategic steps that align with her clients' needs and requests. Her friendly manner bridges a trustful connection with her clients. Her professional and responsive attitude builds up a peaceful and enjoyable time during the process of both buying and selling. She kindly manages her duties during the day to be available 24/7 to smooth this stressful time for her clients. She highly values her clients' deman...— Faranak V.
I have personally known Ms. Razavi for a few years and what a stellar job she did to sell one of my investment properties. Once again, it was a great experience to see how diligently Megan worked on my behalf. Not only was she able to get the right price, but it was done promptly due to her eagerness and endless enthusiasm. She was completely honest, trustworthy, and very professional throughout the entire sales process. I was so impressed with how punctual Megan was in replying to my inquiries whether it was early or late 7 days a week. In today’s very competitive market, Megan was very patient from the onset when I approached her to sell my proper...— Dr. Elvis
Megan is a very knowledgable and hard-working Realtor®. We met back in January 2018 and hired her to sell a family property in Smith Falls. She successfully managed to finalize the deal in less than 6 months despite the fact that the land sales could take longer. If you want to buy or sell a property, you should not look further. Megan, with her highly professional skills and knowledge of the market and wide network, can close all your Real Estate deals in a timely manner. We are very lucky and of course, honored to have met her and are looking forward to our next business deals with her.— Ziad H.
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.
As a real estate professional, Megan believes in giving her clients personalized service and solid communication. When you hire her to represent you, she will provide you with the most comprehensive real estate service available.