Step 1 - Meet with a real estate professional
There’s no commitment required on your part for the initial meeting. It will be educational and help you identify your next steps; Timeline, Potential upgrades, Maintenance checks.
It’s important to know where you’re moving-Will you be living in your home while it’s for sale, or moving out? Will you need the proceeds from your home sale to purchase your next home or will you be renting?
Step 2 - establish a price & prepare your home
A comparative market analysis (CMA), will help you set an asking price. It is the bottom line so getting it right from the start is important.
How you prepare your home will influence the CMA and your recommended price range. To fetch the highest price, improve your home’s condition with a little clean-up and home improvement. As a service to my clients, I include professional photography and staging, when appropriate. Location is hugely important, but your home is where it is. Be sure to perfect the other 3 factors important to buyers.
step 3 - List Home for sale
Now that you’ve come up with a plan. You’ll sign a listing contract, give a copy of the keys to your agent, and execute the plan.
When everything is in place your home will go on the MLS (open market). It’s critical you make it as easy as possible for potential buyers to view your home. Some buyers may request to view your home on short notice, 1-2 hours is typical for out of town buyers.
step 4 - Accept An Offer
Whether you get one or multiple offers, your agent will present all offers and advise you on counteroffers and the negotiation process.
Once you’ve reached mutual acceptance, meaning both you and the buyer accept all terms of the purchase and sale agreement, you are under contract and move on to working through the contingencies of the agreement. As the contingencies, such as inspection, title documents, appraisals, etc. get done you move towards closing. Finally the sale is done on closing day when the title gets recorded to the buyer and funds are transferred to you, the seller.