7-SMART-STEP PROPERTY SELLING PROCESS
Test your decision to if you are under pressure to sell by considering the following factors: reason(s) to sell, your home value, how much time do you have, market conditions and timing, selling costs, and tax consequences.
Getting a free real estate consultation from a top local real estate consultant can save you lots of time and money. Ask him/her for up-to-date local real estate statistics, such as real estate sale/price trends for active listings, pending listings and sold listings. Ask him/her the smart way to achieve your real estate goals and satisfy your needs. Ask him/her how much time should you need to seller your property.
2/ Choose a Real Estate Agent
If you are an expert, you may not need a real estate agent. In most cases, you as a seller may may need a real estate agent who will represent you in the transaction. Interview several agents who are professional, ethical and experienced to assist you. Broker Sean Nguyen can assist you too.
3/ Prepare to Sell
How to get your property ready to sell? How to put your property in its best conditions? What you can do to increase your sale price? These are important questions you need to consider in your home selling process. You may want to do whatever it takes to put your home in its best condition. This list of suggestions may help may be very helpful to you.
4/ List Your Property
Your real estate agent can help list your property for sale. Ask your real estate agent about his/her listings fees, listing terms, types of listing agreement and other related questions that’s are important to you.
If you list your house with Kellson Team using full-service listing package, we will closely monitor our marketing effort, obtaining feedbacks from prospects, then report back to you. We will contact you on a regular basis and discuss with you any potential problems. The key here is to deal with any expected difficulties as soon as possible.
Listing your property with a real estate broker is recommended but not a must. You can do it yourself or using for-sale-by-owner services.
5/ Show Your Property
Your property should always be available for showing, even though it may occasionally be inconvenient for you. Let your listing agent put a lock box in a convenient place to make it easy for other agents to show your property to buyers.
6/ Accept an Offer
You may not have to wait long for your first offer. If the market is active, you may get one the day you list. In most cases, however, you will wait anywhere from 30 to 60 days for an offer. This can be an emotional process, especially if offers come in far below your list price, or your home has been on the market for several months. You need to be realistic and be able to understand the purchase offer. Many sellers don’t fully understand legal languages on the real estate purchase offers and end up loosing money.
7/ Close of Escrow
Until the sale closes (close of escrow), you are responsible for keeping your property in the same condition it was when the buyer saw it last. The closing date should be clearly specified in your real estate purchase contract. You and/or your real estate agent should make frequent follow up with buyer, buyer’s lender, escrow, appraisal company, inspection company… to ensure on-time closing.