The Selling Process
How do I sell my home?
Selling a home can be an intimidating task, but do not dismay! Below I have laid out a typical home seller's transaction from start to finish. Keep in mind that this will vary from home to home. If you are seriously considering selling your home, please contact me so I can help you through the process.
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Stage 1. Preparation. Get your home ready: Prepare your home for picture-taking and tours by tidying up and making necessary repairs and improvements to give it that extra zing. Tackle the paperwork: Complete the appropriate listing documents and files, and forward them to us. Think about the selling points of your home: Provide us with information about the best features of your house. They will be given special focus in the MLS listing and ads.
Stage 2. The Listing. Phone consultation: This typically takes place 1 to 2 days within the first contact. In-person inspection and tour of your home: Depending on your availability as well as ours, this is usually performed within a week after the phone call is placed. Finalization of list price: We’ll give you this information 1 or 2 days after meeting. Photographer appointment: You’ll be provided with a one-week notice to get your home picture-ready. Yard sign set-up: Ask your Realtor for a time frame. Lock-box installation: Ask your Realtor for time frame. Centralized Showings: Ask your Realtor for time frame. Input photos in MLS and online: Photos are usually available two days following the photo session. Establish the draft listing in MLS: This is done a day after the photos are received. Forwarding flyers to your house: Three days after we receive the photos, we’ll send you the marketing flyers.
Stage 3. Don’t just list your home—market it. Gorgeous photographs, video walk-throughs, perfect floor plans—buyers want it all. As your agent I can develop a full-blown marketing plan, including social media. People are doing so much more research ahead of time, going through listings online, and weeding out properties before they see them. That’s especially true of millennial first-time buyers, who have grown up with information on demand. Photos taken by a professional got 61% more views, and homes listed between $200,000 and $1 million sold for $3,400 to $11,200 more than similarly priced homes.
Stage 4. Showing. Listing in MLS and online: This happens when you are ready. We see best results when this is done on a Thursday or Friday. Conduct your very first open house: This takes place once you are ready. The ideal day is Sunday. First offer from a buyer: This commonly occurs within 30 to 45 days. You’ll be able to attract potential buyers if you set an appropriate price. Let your agent tell you what should be done with this step.
Stage 5. Post-Contract. Expiration of home-inspection contingency: Within 1 to 2 weeks from the time that the contract date is established. Expiration of appraisal and financing contingency: More or less 1 month after the ratified contract date. Final tour of the buyer: This typically happens a day prior to the closing. Handing off of keys: The settlement and handing off of keys usually take place in more or less a month after the offer.
Summary. To sum everything up, the entire selling process usually takes about 2 to 3 months following the signed listing agreement. Remember—it’s important not to rush the process. As long as you’ve prepared your home and you’ve signed with an agent, 2-3 months is long enough when it comes to the planning stage. The listing experience doesn’t always have to be burdensome. To ensure everything goes smoothly, start by choosing the most convenient selling date for you. Notify your agent at once when you encounter problems so you can work together to fix these issues.
Stage 2. The Listing. Phone consultation: This typically takes place 1 to 2 days within the first contact. In-person inspection and tour of your home: Depending on your availability as well as ours, this is usually performed within a week after the phone call is placed. Finalization of list price: We’ll give you this information 1 or 2 days after meeting. Photographer appointment: You’ll be provided with a one-week notice to get your home picture-ready. Yard sign set-up: Ask your Realtor for a time frame. Lock-box installation: Ask your Realtor for time frame. Centralized Showings: Ask your Realtor for time frame. Input photos in MLS and online: Photos are usually available two days following the photo session. Establish the draft listing in MLS: This is done a day after the photos are received. Forwarding flyers to your house: Three days after we receive the photos, we’ll send you the marketing flyers.
Stage 3. Don’t just list your home—market it. Gorgeous photographs, video walk-throughs, perfect floor plans—buyers want it all. As your agent I can develop a full-blown marketing plan, including social media. People are doing so much more research ahead of time, going through listings online, and weeding out properties before they see them. That’s especially true of millennial first-time buyers, who have grown up with information on demand. Photos taken by a professional got 61% more views, and homes listed between $200,000 and $1 million sold for $3,400 to $11,200 more than similarly priced homes.
Stage 4. Showing. Listing in MLS and online: This happens when you are ready. We see best results when this is done on a Thursday or Friday. Conduct your very first open house: This takes place once you are ready. The ideal day is Sunday. First offer from a buyer: This commonly occurs within 30 to 45 days. You’ll be able to attract potential buyers if you set an appropriate price. Let your agent tell you what should be done with this step.
Stage 5. Post-Contract. Expiration of home-inspection contingency: Within 1 to 2 weeks from the time that the contract date is established. Expiration of appraisal and financing contingency: More or less 1 month after the ratified contract date. Final tour of the buyer: This typically happens a day prior to the closing. Handing off of keys: The settlement and handing off of keys usually take place in more or less a month after the offer.
Summary. To sum everything up, the entire selling process usually takes about 2 to 3 months following the signed listing agreement. Remember—it’s important not to rush the process. As long as you’ve prepared your home and you’ve signed with an agent, 2-3 months is long enough when it comes to the planning stage. The listing experience doesn’t always have to be burdensome. To ensure everything goes smoothly, start by choosing the most convenient selling date for you. Notify your agent at once when you encounter problems so you can work together to fix these issues.