Don’t worry if you’re still paying off your mortgage, there are several options depending on what type of mortgage you have. However, you’ll need to talk to your lender before you can proceed.
Selling your home is a complex, multi-step process that calls for the expertise and trust of a REALTOR®. Anyone can put a “For Sale” sign in their yard. A skilled REALTOR® knows not just where to advertise a home, but how to advertise a home for top dollar. There are many things you’ll need to consider, and to help you through it, here’s a general overview on what to expect and prepare plus a free Sellers Guide to help you prepare.
Don’t worry if you’re still paying off your mortgage, there are several options depending on what type of mortgage you have. However, you’ll need to talk to your lender before you can proceed.
It’s important to partner with a REALTOR® you feel completely comfortable with and trust to guide you through selling your home with an unbiased eye to help you meet your objectives. Don’t fall for the trap of partnering with the first REALTOR® who suggests the highest asking price. A good REALTOR® can help you price your home to sell, they are skilled negotiators and have in-depth knowledge of the market. Start your search for a REALTOR®, by checking if family and friends have a preferred REALTOR®. Its wise to heck out online reviews or testimonials or we would love to connect you with our past clients as a source as well.
Pricing your home too low or too high is not an option. Setting a fair price will attract more potential buyers, and give your home more exposure. Your REALTOR® should be able to explain to you the multitude of factors influencing pricing, including: competitive pricing, current market stats, market conditions and of course the estimated value of your home.
The next step will be to sign a Listing Agreement, which gives your REALTOR® permission to post your property on MLS (Multiple Listing Service). They’ll then begin marketing your home through a variety of mediums — digital and traditional — and inform other REALTORS® (representing buyers) that your property is on the market. Your REALTOR® can also help you prepare your home for staging.
After the hard work of marketing and promoting your home pays off, you’ll hopefully have a few offers on the table. Once you’ve accepted an offer, your buyer will want to conduct a home inspection and (potentially) negotiate the cost of any repairs. Finally, your lawyer and REALTOR® will walk you through the paperwork and legal bits needed to close.
Congratulations! With the sale of your home complete, you can now begin looking for a new place.
Consider the following benefits of working with a REALTOR®.
Learn about setting a realistic price for your home that reflects current market trends.
Remember, a potential buyer’s first impression of your house is formed while sitting in a car.
Use the following tips to seize control of the home-selling process before you begin.
You never get a second chance at a first impression.
Concentrate on the following areas to ensure your home is ready to show.