What to expect when selling a home?

Posted by Casandra Properties on Tuesday, November 20th, 2018 at 2:05pm.

There are a few stages that every person must endure when selling their home. Let’s dive into them! 

Sale prep.

To kick off this process, you must prepare your home for sale. This should consist of a preliminary decluttering and cleaning of your space. Spruce up the place by removing extra furniture and depersonalizing. This will give prospective buyers the airiest feeling your home can provide, making it easier for them to envision themselves in the space. Freshen up your curb appeal by touching up on your landscaping. This’ll boost buyer’s first impression of your home. Make necessary repairs. Be sure that everything in your home is in good working condition. Read more about How to Prepare Your Home for Sale.  

Find an agent.

Your real estate agent will guide you through the entire sale process. Research a few qualified agents in your area. Set up a phone call or in-person meeting with them to discuss your needs and their service expertise. Pick the agent who is capable and likable. Working with an agent who is kind and likeable will only make this intimate process of selling your home better.

Assess the market.

Your agent will help you assess the market to discover what you can likely earn from the sale of your property. They will do this by researching recent sales and other listings of properties like yours. This will give a good idea of the demand for a home like yours and a dollar amount that correlates to that demand.

 Market your home.

This includes everything from staging your home to setting a competitive price. Your agent should have strategic methods of increasing the visibility of your home. Maximizing exposure of your property will assure that you receive the most capital for your property. 

Be negotiable. 

Your agent should be very strategic in pricing your home at a place that leaves room for negotiation. This is a pretty common practice. Be ready for people to submit offers below your asking. Speak with your agent about what would be fair market to receive for your place and what you should anticipate.  

Prepare for contingent offers. 

Sales often include various contingencies, including a home inspection. Be prepared to make necessary repairs as identified by the home inspection. Lenders will not approve the purchase for the buyers if a home inspection is not complete and respected. Once you’ve cleared inspections, closing day is near!

 

Move!

It can be difficult to perfectly time when to line up a seamless transition into your next home. There is almost always going to be an overlap either way. Get your ducks in a row so you can be prepared as prepared as possible!

 

For more information contact 718.816.7799 or email info@CasandraProperties.com.

 

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