- Prepare Your Home: • Clean and declutter property. • Make necessary repairs and updates. • Consider staging your home for better presentation. (This step is important because you want to impress clients as they walk through or see your home)
- Determine the Right Price:
• Research recent comparable sales (comps).
• Consult with a real estate agent for a competitive price. (Pricing is critical especially in this market. If you consult and listen to the expert advice your house will sell and you can start your new adventure.) - Find a Real Estate Agent:
• Select a reputable agent to help with the sale. (Interview me. Ask me about my strategies, where your property will be showcased. How I will market the property. Ask for testimonials - Legal and Financial Preparation:
• Gather all property-related documents.
• Settle any outstanding mortgages or liens.( The best money spent is to have your own inspection done and a CO search to avoid any issues later. Saves time and negotiations - Marketing:
• Create a marketing plan with your agent.
• Professional photography and virtual tours.( I post daily to all major social media sites and with the help of RCG Mortgage your property will be displayed beautifully.) - Disclosure:
• Provide full disclosure of known issues to buyers. (Make sure we go over all the documents with you.) - Showings:
• Make your home available for viewings. - Negotiation:
• Be prepared to negotiate offers. - Acceptance:
• Once you accept an offer, sign the purchase agreement. ( Congratulations) - Inspections:
• Cooperate with the buyer’s inspections. (As I said earlier we already know what to expect.) - Appraisal:
• Accommodate the property appraisal process. - Title and Escrow:
• Work with the title company and escrow officer.(Usually the buyer runs title search and escrow is in your attorney’s account - Closing:
• Sign the necessary documents at the closing. ( You will see paper everywhere and slowly they will become 3 neat piles.) - Move-Out:
• Plan for your move-out after closing. - Handover:
• Transfer keys, access, and information to the new owner. - Post-Sale Tasks:
• Cancel utilities and notify service providers. - Tax Considerations:
• Consult with a tax professional about capital gains.
Remember, working with a qualified real estate agent can greatly simplify the process and help you navigate each step effectively.