Selling a house is not as easy as many people assume. It’s not just advertising your house to inform prospective buyers that you are selling it and waiting for them to present their offers. Prepare well before you decide to list your home to lower the risk of delays. The following is an outline of the necessary steps to selling a house.
1. Find the Right Real Estate Agent
When it comes to selling your home, work with people you can trust. Your property is an investment you can’t afford to take risks with that could cause a loss. For this reason, choosing an appropriate real estate agent is something you must do carefully. Check reviews and testimonials to see what past clients say about their services. Choose an agent who specializes in selling your type of property. They should communicate at the highest level and have your best interest in mind when negotiating. Ask about their recent selling history, how often they need to lower prices, and what they plan for marketing your listing.
2. Staging Your Home for Buyers
Competition in the housing market is heated. Every home seller wants to present their home as the best on the market. This intense competition is why you need to work hard to make your house stand out in the crowd. Home staging is a strategic marketing device designed to present the best image of the property. Start with curb appeal that makes buyers want to see what’s inside. Maximize room sizes by removing oversized furnishings. Help buyers see themselves in the space by removing personal collections, photographs, and anything that could be distracting.
3. Set the Right Asking Price
When you are confident that your house is in good condition, the next thing is to establish the asking price. It’s wise to ensure that the price at which you are willing to sell your house is worth the value of the home. If it is too low, you might end up taking a loss, and if it’s higher than it should be, it might discourage buyers to purchase that house and cause a delay in the sale. Consulting with your real estate agent would help in setting the right price.
4. Accepting an Offer
You will receive various offers from different buyers once your house is on the market. In some cases, their offers will be lower than your asking price. Don’t be quick to reject or accept the offers but rather take some time and think about them. Discuss the options with your real estate agent. There are times when it may help to know more about the buyer’s motivation for buying your property.
5. What Happens After You Accept an Offer?
After accepting an offer, the mortgage lender has the house inspected by one or more professionals. Expect the lender to set up an appraisal. If the inspections and appraisal go well, you will move forward towards closing day. If something comes back wrong, you can expect some negotiations.
6. What to expect on closing day?
Closing day is what you’ve been waiting for since the day you put your property on the market. It’s during this day that you transfer the ownership of your property to the buyer. All paperwork is signed, money is paid, and keys are exchanged.
Your real estate agent is the best source of information about the local community and real estate topics. Give the Debra White Real Estate Team a call today at 559-994-9282 or 559-994-9281 to learn more about local areas, discuss selling a house, or tour available homes for sale.