Selling your home can seem overwhelming, but with the right guidance, you can navigate the process smoothly and achieve the best possible outcome. This guide provides a comprehensive overview of the home-selling experience, ensuring you’re well-prepared every step of the way.
Begin by clarifying your goals. Are you selling to upgrade, downsize, or relocate? Do you need to sell quickly or maximize your financial return? Your motivations will shape your pricing strategy and timelines. Share your priorities with us. As your real estate advisors, we can tailor our approach to meet your needs effectively.
Knowing how to price your home is a key part 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. We will collaborate to develop a pricing strategy based on a Comparative Market Analysis (CMA). This involves evaluating recent sales, current market trends, and your property’s unique features. Proper pricing ensures your home attracts attention, avoids lingering on the market, and maximizes your return.
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 essential repairs, and doing a deep clean to make sure your home is in pristine condition.
Marketing your home effectively ensures maximum exposure to potential buyers. We create a tailored marketing plan, combining professional photography, video, and a multi-channel advertising strategy. This may include MLS listings on multiple real estate boards, social media campaigns, targeted print publications, and global exposure through platforms like Sotheby’s International Realty’s network.
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 analyse how it aligns with your goals. Offers typically include the proposed purchase price, deposit amount, conditions such as financing or inspection contingencies, and the buyer’s desired closing date. You can choose to accept the offer as is, make a counteroffer, or reject it outright if it doesn’t meet your expectations. A skilled real estate agent plays a crucial role in securing the best outcome. Leveraging our market insight, we assess whether the offer is competitive or if adjustments are needed to maximize your return. Our negotiation expertise allows us to strategically counteroffer for more favourable results and our experience safeguards your legal and financial interests, addressing any conditions or contingencies that could cause complications. With a knowledgeable agent guiding the process, you can confidently navigate this critical step, knowing your interests are well-represented and the best possible terms are secured for your home sale.
Once an offer is accepted, it becomes a binding agreement, pending any conditions. These might include a satisfactory home inspection or financing approval. Our team will help ensure all conditions are met within the agreed timelines, preparing you for the final stages of the transaction.
Closing day marks the legal transfer of your property to the buyer. You’ll work with a lawyer or notary to review and sign the required documents, pay off any outstanding mortgages, and settle final costs such as real estate commissions, legal fees, and adjustments. After the funds are transferred and the keys are handed over, your home sale is complete.
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 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 real estate agent 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.
You’ve completed your home sale and can confidently move on to the next chapter. Whether upgrading, downsizing, or relocating, the process was handled with care and professionalism, giving you peace of mind as you embark on your new journey.
As a leader in the residential real estate sector, we understand the importance of providing service at every level of today’s highly complex transactions. Our ability to interpret market information, balanced with strong intuition, will give you a leg up on the competition.