SELLERS
Thinking about selling your home? Let's walk through key steps.
Step 1. Obtain and review a market analysis report. This report will show recent market activity for similar properties in your neighborhood.
Step 2. Finalize a selling price for your property. It is critical to Price Your Home Right!
Step 3. Prepare your home for photos so that your property can be listed.
Step 4: Be ready for potential buyers requesting appointments to view your home. Also, your REALTOR® may coordinate an Open House.
Step 5. Potential buyers interested in your property will submit an offer. Your REALTOR® will review with you.
Step 6. Once you reach agreement with a potential buyer, you will go under contract!
Step 7. Lastly, close the deal.
Price It Right!
The Importance of Pricing it Right!
One of the most important factors when selling your home is pricing it right! The most excitement and showings for your property occur when your home is first listed. The excitement for your home will diminish with less showings the longer your home is on the market. That is why it is so important to price your home correctly at the beginning when you will have the most interest.
What’s my home worth? Find out with a free comparative market analysis report.
Costs with Selling Your Home
Review a seller’s net proceed worksheet with me prior to putting your home on the market. Common seller expenses include:
- Real Estate Commissions
- Mortgage Pay-off
- Pro-rated Property Taxes
- Moving Expenses
- Buyer closing costs or incentives (if any)
- Some sellers may need to consult with their tax professional regarding federal taxes considerations related to capital gains. Most sellers do not have to pay. However, the IRS maintains guidance on property sales capital gains here.
Tips to Maximize Your Profit
Tip 1. Consider having a home inspection completed on your home. This can identify any issues upfront.
Tip 2. Consider completing repairs and updates to your home, especially in your kitchen and bathrooms. Not all repairs or updates are costly. Talk with your REALTOR® before undergoing major repairs.
Tip 3. Clean and beautify the exterior of your home. The outside of your home will be a potential buyer’s first impression of your property.
Tip 4. Declutter and de-personalize your home to appeal to the most buyers.
Tip 5. Make sure your property is available to view.