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Everything you need to know – and do – to find the right buyer
Step 1: Define your needs
The
first step to selling your home is knowing your needs. A significant
move that will make the home selling process a little less stressful is
to realize why you want to sell your home and where you want to go next.
Step 2: Determine the price of your property
Determine your home's best price - a price that will allow you to walk away with.
Step 3: Get your home ready
Not
many people keep their home in perfect shape, but your home needs to be
decluttered and cleaned up, so that your house makes a better first
impression. Take the time to clean your home thoroughly and remove any
unwanted large pieces of furniture and clutter, so that the very best
version of your home can be seen by prospective buyers.
Step 4: Spread the word
Before
your home is listed on the market, go to a successful realtor who will
present a marketing plan to you. You pay them to find a buyer for you,
so they can do their best to get your home in front of as many buyers as
possible. You want to use an agent not only familiar with the local
market but also well-prepared and familiar with selling homes, placing
them in front of as many individuals as possible.
Step 5: Get a Deal
While
the joy of getting the offer could probably mark the end of having to
keep your home show-ready 24/7, it also marks the beginning of a whole
new process, one full of documentation and negotiations. Your realtor
will search immediately to ensure that prospective buyers can buy a home
at the price you ask.
Step 6: Negotiate for Selling
To
come to a win-win agreement, most offers need some amount of
negotiation. As well as knowing the real estate contract inside and out,
the real estate agent should be well-versed in negotiating strategies.
Step 7: Prepare for Closure
Once
an offer is accepted, create a list of the people who need to be called
and the things you need to do, so you can make sure everything is taken
care of. Your next move will eventually be decided by the conditions in
the contract. Until closing, ensure that you meet all the commitments
you agreed to in the final contract.
Step 8: Close the Deal
At
this point, paperwork is signed to legally pass the ownership of the
home being sold to the contracted buyers. To answer any remaining
questions and to walk you through the paperwork, your realtor will be
available. Ownership legally changes hands after the buyer's financing
goes through.