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Seller's Guide

Everything You Need To Know About Putting Your Home On The Market, Accepting An Offer, And Closing On Your Home.

A Step-by-Step First Time Seller's Guide

Putting your home 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 home for the best price possible.

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Step 1: Determine Your Plan

What do you want to accomplish with the sale of your home? Do you want to make a certain amount of money that you can put toward a larger or nicer home? 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 home lower than if your goal is to make a certain profit margin. Make sure you convey these needs to your real estate agent once you choose one so they can adjust your selling price accordingly.

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Step 2: Determine Selling Price

Knowing how to price your home 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 home could lead to reduced interest, and underpricing leads to receiving less than what your home is worth. Working with the a real estate agent like Sallie Simmons is the best way to determine the right selling price for your home. Someone with that sort of experience can determine what other comparable homes are selling for, evaluate the current market, and may even suggest a home appraisal.

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Step 3: Start Preparations

If you’ve kept your home in showroom condition since you’ve lived in it, you’re in the minority of homeowners. Once you price your home, 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 home is in pristine condition.

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Step 4: Develop a Marketing Strategy

We will develop a marketing strategy that is perfect for advertising your home. This involves listing the home and then driving the right people to that listing through social media campaigns, agent-to-agent referrals, traditional media, or SEO advertising. We create a marketing campaign that aims to get the most possible traffic to your listing in the first weeks after becoming a client.

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Step 5: Evaluate Offers

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.

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Step 6: Accept an Offer

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 terms, we will either sign the offer or create a counteroffer to make sure we address every important aspect!

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Step 7: Buyer's Due Diligence

You have accepted an offer and are now the fun begins! The buyer will need to have your home inspected, potentially surveyed, and then appraised. In most 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 taken care of, and make sure everything is in order by the closing date. A few days before the closing date, we will call the title company closing the transaction to make sure everything is ready to go. During this time, you also need to make arrangements to move out of the home so the new buyer can take possession.

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Step 8: Closing!

You’ve reached the last step in the seller’s process. When you close on a home you are selling, you are legally transferring ownership of the property to the new buyer. We will meet with the title 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 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 home.

Congratulations!

Once you have sold your home, you’re free to take the next step on your journey. Whether this is relocating to a new city, moving into a larger home, 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.

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Our Testimonials
Sallie helped my husband and I buy during an extremely competitive time in the Denver area. From meeting her for the first time through the entire process Sallie was...
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Sallie listens...when I said I wanted to move from a condo to a place with a front door, back door, and yard and garage, she did not waste my time showing me townho...
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Sallie is the BEST!! She made our home selling and buying process a breeze. Closed in ten days for each, she hustles and makes things happen, quickly and effectively...
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Sallie was amazing and helped us through the journey of finding the right neighborhood and home, especially in this hot housing market. Most importantly she helped k...
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“Sallie is a fabulous real estate agent! In fact, she is the best I know. She both helped me buy me first house, which was an amazing and smooth experience but she a...
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I’ve worked with Sallie on three different transactions and I’ll never work with another agent again. She is extremely professional and knowledgeable. I can’t speak ...
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My experience with Ms. Sallie Simmons was amazing compared to my previous realtor. Thanks to her, I learned a lot of things I really wanted as a realtor. All of whic...
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Sallie helped me through a long and arduous process, including kicking out of contracts that were misrepresented by a seller, where a seller and I could not reach an...
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