PROPERTY SELLER'S GUIDE
My step-by-step process for selling your home.
Easy, simple, and useful.
What is the first thing to do when trying to sell a house?
Here's a step-by-step guide on selling a house:
Hire a Listing Agent:
- You will be asked to sign a listing agreement. This contract gives your listing agent permission to find a buyer for your home and highlights their commission on the deal.
Decide on a listing price for your property:
- Also known as the asking price, it represents the amount you as a seller want a buyer to pay for your home.
- The asking price must take into account:
- how long the property has been on the market.
- The current market conditions.
- Asking Price (is your house overpriced?)
- A home appraisal which determines its fair market value.
Renovate, repair and stage the home.
- Consider whether you want to renovate before selling.
- Discuss with Agent the pluses and minuses.
- Should you do it yourself or hire a professional?
- Consider the curb appeal of the property.
Settle on a final offer:
- You have to choose the right buyer and offer:
- Are there any cash offers on the table?
- Is the buyer applying for a loan, or do they have a pre-approval or just a pre-qualification?
- Do the buyers proposal align with your needs from the deal.
Anticipate The Cost Of Selling:
- The Main Costs of Selling a Home You Must Consider:
- Closing Costs.
- both buyer and seller have closing costs
- Capital Gains
- Expenses paid on an asset that has appreciated in value.
- Moving Expenses
Assemble Your Documents:
- Prepare Documents You'll Need to Provide or Sign:
- Seller's Disclosure.
- Closing Disclosure
- Deed and Transfer Documents
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