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Selling your home can be an emotional process. Whether you’re upsizing, downsizing, moving away, or whatever the unique situation is, the sale of your home deserves extraordinary marketing, attention, and presentation. At Meyerhoff Manors, my main objective is to provide you as the Seller: the most amount of money, in the least amount of time with the fewest hassles. My unmatched expertise, phenomenal service, and aggressive marketing allow me to achieve that goal time and time again for my clients.

Whether you choose to use a real estate agent or not, you still need to do your homework! The following is to help walk you through the process:

The Selling Process

#1 deciding to Sell

Are you getting ready to sell? This 5-minute read will get you started on the right foot, offering the expertise of our real estate elite in an easily digestible digital home seller’s guide. We break each step of the process down into basics so you can:

#2 Picking an agent

Here are some factors to consider when choosing your real estate professional:

  • Look for a full-time agent – one who has knowledge in the market.
  • Are they familiar with the area in which you are interested?
  • Ask how much time the agent will have for you, and if they are available at night and on weekends.
  • Does the agent return your calls promptly? Time is money when attempting to buy a property.
  • Choose an agent who listens attentively to your needs and concerns. Pick an agent, with whom you feel comfortable.

#3 Perform a Walk-Through

Outside:

  • Does it need a new coat of paint (either because the old paint is obviously cracked or faded, or because of an uncommon choice in color that might turn off prospective buyers)?
  • If a house with a yard, is the lawn and landscaping attractive and well-kept?
  • If it is a condo, you can’t do much about the building, but is the front door (and balcony, if there is one) appealing?
  • Are the windows and doors attractive and in good condition?
  • Are the roof (and the gutters) in good condition?
  • Is the grass nicely cut, are the hedges trimmed, are the leaves swept up? Are all toys put away such as bikes, scooters, etc.?

Inside:

  • Are the interior paints and finishes in good condition (recently updated), or do they need to be freshened up? This is one area with the best ratio of least expensive to most desired. For a minimal investment, you could possibly make or break a sale by having your home look well-kept and inviting.
  • Are the appliances in good working order and of recent vintage?
  • Are the plumbing and electrical systems in good condition? Are they fully functional?
  • Are the carpets or other floor coverings clean and in good condition? Like the paint, are they attractive and well-kept? Floor coverings are worth paying for so that your home makes a good impression.
  • Are the sealants (sink, shower, tub, windows) in good condition?
  • Are all light fixtures working properly, and is there good lighting in each room so that prospective buyers won’t think you’re hiding something?

#4 Establish a list price

How much are properties similar to yours selling for? What are the terms of the sales? What property disclosure laws do you need to take into consideration?

Once you know the specifics about your home and have checked out what similar properties in your area are selling for, set a realistic price.

#5 Establish a market Plan

Now that you know what advertising will cost, create a plan on how to best (within your budget) reach prospective buyers, both local and out-of-town. Since many people do relocate from a distance, be sure to include Internet advertising in your plan. If your town is large enough, the “local” newspaper might have a national edition that you want to place your ad in, at least periodically..

#6 Once you have an offer, Negotiate

Leave your emotions behind when you enter negotiations. You never want to get angry or give away the fact that you’re overly eager.

Buyer(s) need to come to an agreement (in writing) regarding the following:

  • Price
  • Inspection contingencies
  • Financing terms
  • Date of closing
  • Date of possession

#7 Escrow

The escrow process can be drastically expedited when all parties preemptively understand the process and the duties that are expected from the escrow officer.  You’ll read about standard escrow practices, what precautions to take against fraud and expectations for compliance with the Consumer Financial Protection Bureau.

#8 Final Walk-Through

When both the buyer(s) and a witness can be present, schedule a final walk-through before you complete settlement in order to determine that the property being conveyed meets the expectations of all parties involved.Depending on the outcome of these inspections, one of two things may happen:

 

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