Steps to Selling a Home
Selling your home for the first time can be a difficult task without the proper training and advanced knowledge of the workings of the real estate market. Not only that, but there is a specific set of steps for setting the price and marketing your property based on your home’s distinct characteristics. To ensure optimal success in your home selling venture, you must begin by selecting a qualified real estate agent.
How to choose a real estate agent
The right agent is a highly knowledgeable and competent individual who navigates the real estate market with efficiency and the highest ethical standards. Your real estate agent should be able to provide you with a customized marketing strategy based on the latest trends in the marketplace, your target area and buyer demographics, and other key factors for a quick and profitable sale. They must have a strong online presence as well as awards and credentials that attest to their reputation.
How to prepare your home for sale
The first step to preparing your home for sale is to have a professional come in to perform an inspection. This will help reveal any problems that must be taken care of prior to the sale, such as outdated internal systems, structural and aesthetic elements, fixtures, etc. The next – and perhaps most crucial – step is to perform “home staging,” which involves helping potential buyers visualize themselves living in your home. A clean and neatly arranged house, with no personal effects present, is guaranteed to make a good impression.
How to set an asking price for your home
Your real estate agent will conduct a meticulous real estate market analysis based on the characteristics of at least three homes in your neighborhood that are similar to yours, including its curb appeal, proximity to schools and other public facilities, and much more. Oftentimes, this information can be supplemented by the findings of a professional home appraiser, hired by the buyer, which may help in the negotiation process.
How to market your property
Your real estate agent will implement a fully customized plan for marketing your property in order to attract the best buyers, thereby increasing the chances of selling your home at top asking price. A skilled and experienced agent will create a detailed listing with professional photos and virtual tour videos, and coordinate showings to demonstrate your home’s full potential. In addition, Colorado state laws require the disclosure of any problems with your home to prospective buyers.
How to close the sale
Accepting an offer and conducting any post-purchase negotiations is a difficult process that only a qualified real estate agent can help you navigate. You will be faced with a series of documentation, including a possible counter offer, as well as applicable seller’s fees and more prior to receiving payment from the buyer and closing the sale.
If you are looking to sell your home in Denver, CO, or surrounding areas, please do not hesitate to contact your local real estate expert Laurie Middleton Mann. Simply dial (720) 320-4977 or fill out our convenient online form, and we will be happy to guide you through a successful and stress-free sale.