Putting your property on the market can be a stressful process, especially when you don’t know what to expect. Fortunately, with the help of an experienced team of real estate agents and this easy to follow guide, you can smoothly complete the process. Following these steps will help you prepare so you can get organized and sell your property for the best price possible.
What do you want to accomplish with the sale of your property? Do you want to make a certain amount of money that you can put toward a larger or nicer property? Do you need to sell it as soon as possible to facilitate a move to a new city or area? Once you understand your needs, you can better craft your offer. For example, if you need to sell quickly, you might want to price your property lower than if your goal is to make a certain profit margin. Make sure you convey these needs to your team of Real Estate Agents once you choose one so they can adjust your selling price accordingly.
Knowing how to price your property is one of the most important parts of the selling process. When you set a fair price in the beginning, you’ll get the most interest from other real estate agents and prospective buyers. Overpricing your property could lead to reduced interest, and underpricing leads to receiving less than what your property is worth. Working with a team of real estate agent is the best way to determine the right selling price for your property. A team of real estate agent with experience can determine what other comparable properties are selling for, evaluate the current market, and may even suggest a property appraisal.
If you’ve kept your property in showroom condition since you’ve lived in it, you’re in the minority of property owners. Once you price your property, it’s time to start getting it ready to be shown to potential buyers. This includes getting rid of clutter, depersonalizing the space so that buyers can envision themselves in the space, making any small repairs, and doing a deep clean to make sure your property is in pristine condition.
We will develop a marketing strategy that is perfect for advertising your property. This involves listing the property and then driving the right people to that listing through social media campaigns, agent-to-agent referrals, traditional media, or SEO advertising. Our team creates a marketing campaign that aims to get the most possible traffic to your listing in the first three weeks after becoming a client.
Receiving an offer is an exciting part of the process, but it doesn’t mean the journey is over. We will evaluate each offer and make sure the party making the offer is prequalified or pre-approved by a mortgage lender and that their offer is acceptable to you. If the offer is too low, you can make a counter-offer or offer other ways to bridge the gap, such as covering some or all of the closing costs, making repairs, adjusting the move-in date, or leaving some appliances or fixtures for the new buyer.
Once we deem the offer is acceptable, we will review the proposed contract to make sure it’s all in order and includes the necessary components such as deposit amount, down payment, financing, inspection rights and repair allowances, contingencies, settlement date, and a list of fees and who will pay them. When both parties have agreed to the term, a final contract will be prepared by your team of real estate agents.
You have accepted an offer and are now very close to the end of your selling journey. But first, you and the buyer must make a list of what needs to be done before closing. In some cases, your property may need to be formally inspected, surveyed, and appraised. In other cases, major or minor repairs will need to be made before the house can close. We will head up efforts to develop and execute this list, get each action item paid for by the correct party, and make sure everything is in order by the closing date. A few days before the closing date, we will call the company closing the transaction to make sure everything is ready to go. If you haven’t done so already, you also need to make arrangements to move out of the property so the new buyer can take possession.
You’ve reached the last step in the seller’s process. When you close on a property you are selling, you are legally transferring ownership of the property to the new buyer. We will meet with the company closing the transaction to sign the final paperwork and go over any issues that have not yet been taken care of. During this time, you can also make plans with your team of Real Estate Agents to handle final details such as canceling utilities, cable, and lawn or trash services, changing the name on accounts that the new owner is retaining and ensuring the new owner has instructions for all appliances that will remain in the property.
Once you have sold your property, you’re free to take the next step on your journey. Whether this is relocating to a new city, moving into a larger property, or downsizing and enjoying your life as empty-nesters, knowing all your selling responsibilities have been taken care of will help you achieve peace of mind for your new path.
Richard was my agent for the sale of our single-family home in a "walled" community in North Miami Beach. Whatever Richard represented he would do, he did timely and professionally. The result was at the time of our sale, the price per square foot was the highest ever in our development. I highly recommend Richard!
— CRAIG
We had a great experience with Richard and Ivonn, they both were very professional and helpful during the whole process. We only had a few days in town to look for a place followed by a lot of back and forth over long distances. They answered all our questions and concerns very patiently every step of the way.
Richard's knowledge and experience were very helpful throughout the process of negotiating the purchase of our home. He is extremely professional and was easy and pleasant to work with. He has become a great friend as a result and we are extremely happy with our home.
— JEANNIE L.
Discover the epitome of luxury real estate representation with The Goihman Group. From distinguished properties to global alliances, trust their consummate professionalism and extensive network to navigate the world of luxury real estate effortlessly.