Once you’ve decided to sell the real work begins. Here’s a rundown of the typical selling process:
- Initial Consultation with Agent
- Initial Inspection of House
- Agent Provides a Comparative Market Analysis to assist in Pricing the Property
- Determine the Price
- Complete the Listing Contract
- Complete the Required Disclosures
- Make Necessary Repairs & Improvements to ensure maximum competitive advantage over other properties on the market
- Prepare the House for Showings by De-Cluttering, De-Personalizing, & Staging
- List the Property for Sale
- Market the Property to Attract Qualified Buyers
- Show the Property
- Receive an Offer to Purchase
- Negotiate through Counter Offers
- Offer Accepted
- Ensure Contract Contingencies go Smoothly
- Buyer Financing is Completed
- Inspections
- Seller Closing Documentation is Completed & Signed
- Buyer Closing Documentation is Completed & Signed
- Mortgage & Deed are Recorded
- Seller is Paid
- Transaction is Complete!
This list covers the broad strokes of a “typical” listing transaction, though typical is a bit of a misnomer in the real estate world. Be prepared for several bumps along the way. A good agent will guide you through this process and smooth some of the bumps out.