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filler@godaddy.com
Signed in as:
filler@godaddy.com
First things first: You need to know what you want (and what your partner wants) in order to sell your home with minimum frustration. Why are you moving? What do you expect from the process? When, exactly, should you put that For Sale sign in the yard?
Unless you bought your home last week, the housing market changed since you became a homeowner. Mortgage rates fluctuate, and inventory shifts over time — these are just a few of the factors that affect the state of the market, and every market is unique. Educate yourself on what to expect.
This is the most important relationship you’ll form on your home-selling journey. Pick the right agent and you’ll likely get a better sales price for your house. Choosing an Agent with a wide array of expertise in a different type of Market and different Demographic is essential nowadays since we live in a day of age of Digital Marketing and Social Media.
How much is your home worth? That’s the … $300,000 question. Whatever the number, you need to know it.
Today, home buyers have unfettered access to property listings online, so you have to make a great first impression — on the internet. That means you’ll have to declutter all the stuff you’ve accumulated over the years, make any necessary repairs, and get your home in swoon-worthy condition.
Home buyers look at countless listings online. The best-marketed homes have beautiful photos and compelling property descriptions, so they can get likes — which can amount to buyer interest — on social media. Agents may also use videos, virtual tours, texts, and audio messages. It’s time to consider how to promote your property.
Your agent will help you get your home in show-ready condition, emphasizing its assets and helping buyers envision themselves there. The agent will disinfect your home before and after a showing to ensure that you and any visitors are safe. To help keep sellers safe, agents are also using virtual showings, relying on Zoom or Facetime to walk a buyer through your home.
Yes, you might get offers plural, depending on your market. Assuming you’ve collaborated with your agent, you’ve likely positioned yourself to receive attractive bids. Your agent will review each offer with you to determine which is best for you.
To get the best deal for you, you’ll likely have to do some negotiating. Your agent will help you craft a strategic counteroffer to the buyer’s offer, factoring in not only money, but contingencies, etc.
Ah, the home inspection. It’s as much a source of anxiety for buyers as it is for sellers. Nonetheless, most purchase agreements are contingent on a home inspection (plus an appraisal, which will be managed by the buyer’s lender). This gives the buyer the ability to inspect the home from top to bottom and request repairs — some even could be required per building codes. The upshot: You have some room to negotiate, including about certain repairs. Once again, your agent will be there to help you effectively communicate with the buyer.
Settlement, or closing, is the last step in the home selling process. This is where you sign the final paperwork, make this whole thing official, and collect your check. Before that can happen though, you’ll have to prepare your home for the buyer’s final walk-through and troubleshoot any last-minute issues.