The process of selling a home - teknodaring.com
There is so much advice about selling a home. If only I knew where to start! Some homeowners are confused because they don’t have the big picture of exactly what will happen during the home selling process. Although it may differ in different areas, some of the general steps that sellers should expect are the same.
The first thing is preliminary planning.
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Once you feel like you and your home are ready, it’s time to find a real estate agent. Interview agents in your local neighborhood or those with a proven track record. Ask how your property will be sold and what type of additional commissions they offer. This is someone who will be with you throughout the entire process, so make sure the chemistry works.
Once you’ve decided on an agent, create your listing agreement. There are several types available, each offering a different level of participation between you and the broker. Choose one according to the amount of work you’re willing to put into the home selling process — and how much money you’ll spend.
The money in your listing contract should come from the proceeds of your home price, so make sure you price ideally. Pricing too high or too low will not help you sell your home, as it can create a bad image for potential buyers. Look at some cost analysis to get an approximate value of your property and work from there. Don’t forget how much you have to spend in the process of selling your home.
It’s very possible that potential buyers will start looking for home shows if you price it right. Prepare for this as you prepare your home for it. If you are using an agent, leave the house when the client arrives. If you are selling alone, check the points you will point out to potential buyers and think about what you will say.
Finally, if home showings go well, buyers will make offers. The offer must be in a standardized form that satisfies the attorney. Make sure you know what the buyer needs to include in the sale and what needs to be excluded. You can choose to accept or reject the offer, or modify it and see if the buyer is willing to negotiate your incentives.
Once you sign an agreement, that pretty much ends the process of selling your home for you. good luck!
Source: teknodaring.com
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