Whether this is the first time you are selling property, or have done it before, it’s always in your best interest to allow a professional to assist you. When you choose to list your property with Reology, our goal is to achieve the highest possible selling price within the time frame you have provided to us. To accomplish this, we will advertise your listing as widely as possible throughout the brokerage community using many different advertising techniques. Your property will be placed into the Multiple Listing Service, which allows your property to be seen by many realtors and home buyers. Most importantly, when you allow us to assist you, we make sure that your needs come before all else.
Now you’re ready to sell your property. While you’re looking forward to seeing the word “SOLD” posted from the curb, there’s a lot to consider along the way. One of your first decisions is to select a real estate company and real estate agent who’ll join you in the process.
Once you’ve chosen one of our professional agents and have prepped your home for sale and set a price, you are officially ready for the public to see your beautiful home.
A showing of your home is typically done by your listing agent at a scheduled appointment with a prospective buyer or at an unschedule appointment, such as an open house.
Your agent will be able to give you tips on how to best prepare your home before your first showing so that it will be more competitive in the housing market. Your agent will ask you to prepare your home before the advertisement photos are done and before a showing. Keep the following tips in mind before your home is shown to a potential buyer:
Here are a few tips to help your home sell quicker:
Congratulations! You just received a message from your agent that you have an offer on your home. Now you and your agent will need to evaluate the offer and decide how to respond.
Once you receive an offer to buy your home, you and your agent should review it together and consider whether you want to accept it, decline it, or make a counter-offer. Whether you have one offer or several, you and your agent will look at:
If you receive multiple offers, your agent can advise you on one of these options:
A home inspection is a thorough review of your home’s structure and systems by a professional home inspector. Buyers can use the inspection report to decide to rescind their offer if a major issue is found by the inspector or to request repairs if the contract is contingent on a satisfactory report.
The inspector will check:
The inspector may not check certain items that are unusual or inaccessible, such as:
Before your home inspector arrives, you should keep the following in mind:
Once the home inspector delivers an inspection report of your home, you and your agent will be able to discuss how to handle any possible issues the buyers mention. You can choose to negotiate with the buyers about the items, decide to fix an item, provide money for the buyers to fix it themselves or provide documentation that the problem has already been addressed.
Similar to preparing for your home inspection, for an appraisal you should:
Appraisers tend to use as many pieces of data available to provide an accurate value of your property. Appraisers tend to look at:
If the property is valued by the appraiser lower than the sales price, it may require a renegotiation of the property. The appraised value dictates the maximum amount the lender will allow the buyers to borrow, not including their down payment. Depending on how the contract was written, if the appraisal is low, you can:
Before the closing day, you’ll need to:
Sellers may or may not attend the closing, so you should consult your agent and the settlement company to decide what’s best. You may have the option to sign all documents before the official closing. Whether or not you attend the closing, you’ll need to provide house keys to your buyers, along with all alarm codes, remote controls for the garage, and mailbox or gate keys.
Sellers’ expenses, which are deducted from the proceeds of the sale, include:
In the scenario that you are not able to move before the closing, you’ll need to arrange a “rentback” from the buyers. Your agent can help you complete appropriate paperwork for a “rentback.”
If you are moving, the buyers may request to do a walk-through of your home within 24 hours before the closing to check that the property is in good condition. If the buyers find something that needs to be fixed, your agent can help you decide how to handle it.
After the closing, you will:
Congratulations on the sale of your home! We look forward to helping you on the purchase of your next home!