Are you considering selling your home?
Choosing a Listing Agent
There is no requirement to use a real estate agent to sell your home. Other options include iBuyer or FSBO (For Sale By Owner), and there are discount agents for a less expensive but also less hands-on experience.
How Much is Your Home Worth
I can help you price your home according to comparable home sales and how the market is doing in your area.
Prepare Your Home For Sale
Clean and declutter, and improve the curb appeal. You may consider a professional stager to help give your home the best possible introduction to prospective buyers. Make necessary repairs, and if you have pets consider other living arrangements for them while showing the house.
Marketing Your Home
Identify selling points for your home - I can help with this, including helping find the best advertising wording to maximize impact. You might want to use a virtual tour company who will use a professional photographer to put a virtual tour online. Advertise online, and make sure you can find it when searching yourself.
Showing Your Home
You will get more showing if you use a lockbox or keypad to allow showings rather than forcing them to make appointments. For example, I use a smart lock where I can be absolutely certain I know who is coming and going from your home. If you opt for appointments, try to be flexible, especially with week nights after work and weekends. You may also consider doing an Open House, but if so be sure to ask for buyer feedback so you can adjust your offer and advertising.
Receiving a Purchase Offer
If your house is priced right, you may receive multiple offers. Do not ignore any offer, even if it seems low. Negotiate by making a counteroffer. Don't be afraid to make a full price counteroffer if your price is competitive for the market. You can also include a right of first refusal clause if the buyer's offer is contingent on them selling their home, to ensure you are not stuck waiting too long on the buyer being able to close the deal.
Open Escrow and Order Title
Your agent or transaction broker will open escrow and order a title policy. Be sure to write down the contact information for everyone involved, for example the closing agent, and get receipts for the buyer's earnest money deposit or other fees if they have paid any. Select a date to close based on when the buyer's funds will be available.
Schedule an Appraisal
This is typically paid for by the buyer, so as such you will probably not be entitled to get a copy of the appraisal. If they buyer decides to cancel the contract based on the appraisal, this ability must have been written into the original contract. Your agent or an attorney can help with your rights in this regard.
Cooperate with Home Inspection
Your agent can provide you with a home inspection checklist so you know what the inspector will want to check out. The attic and basement, as well as the walls of the garage are easy locations to forget to give access to. A clear path to all locations in and around the home are appreciated. If you have a roof inspection in your contract, hire a reputable company to do the inspection. For an older home, the buyer may also request a sewer inspection. You will also have a final walk-through inspection with the buyer in the last few days before or on the day of closing.
Deliver Seller Disclosures
If you are aware of any problems with the property, you are required to disclose them on a Seller's Disclosure form. Your title company will usually provide the buyer with any covenants for your community, but you may need to obtain other documentation for them if your home belongs to a homeowner's association. Also please be aware that ALL homes in the US, even those built after 1978, are subject to lead-based paint disclosures.
Negotiate Requests for Repairs
You are not under any obligation to make repairs at a buyer's request, although if there is an inspection contingency in the contract they may back out of the deal if you don't. Sometimes a buyer will accept a closing cost credit instead of an actual repair, essentially lowering the purchase price so they can make the repairs themselves. If the buyer requests repairs, then you are entitled to a copy of the home inspection report.
Ask Buyer to Release Contingencies
If the buyer had and contingencies listed in the contract, ask them to release them, which is essentially confirming the contingencies have been resolved. Note that the buyer is under no obligation to release contingencies unless you demand it; this may give you grounds to cancel the contract.
Sign Title and Escrow Documents
Be sure to bring photo ID.
Close Escrow and Complete the Sale
Attend your closing appointment, sign all the final paperwork, and hand over the keys. Your property deed, re-conveyance, and deed of trust will go into the public record. You should plan to be moved out on the day of closing. Once everything is complete the sales proceeds will be wired into your bank account, less and agent commissions, repair credits, and other fees noted on your closing documents.