Seller's Guide

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 a Timeline

What is your ideal timeline? The answer to this question depends on your unique circumstances and objectives. If you are looking to buy and sell simultaneously, timing is everything. Coordinating the sale of your current home with the purchase of a new one can be a complex task, requiring a well-thought-out schedule. Our team of experienced real estate professionals can help guide you through the process, from start to finish. Whether you need to make repairs, stage your home, or handle paperwork, we'll work with you to create a timeline that aligns with your goals, ensuring a smooth and successful home-selling experience.

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Step 2: Determine Selling Price

Thoroughly review comparable sales (comps) and the price per square foot in your area. Consider your home upgrades as well as any projects that may require attention. While online estimates from third-party websites can be a helpful reference, exercise caution, as their accuracy may vary, often necessitating corrections for a more precise valuation. Bear in mind that your home may require an 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

Online appeal is the new curb appeal. We will develop a marketing strategy that is perfect for advertising your home. This involves professional photography, social media campaigns, agent-to-agent referrals, email blasts, and much more. Our team creates a tailored marketing campaign that aims maximize showing activity in the first week. Our goal is deliver multiple offers, ensuring the best price and terms possible.

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Prepare for Showings

Time for your home to shine. The first weekend will be very busy with showings and perhaps an open house. You'll want to accommodate as many showings as possible. We will walk through your property prior to your professional photo shoot and again before showings, helping stage your home just right! 

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Step 6: Review and Accept an Offer

We will present all offers as they are received. In the event that we anticipate multiple offers, we may discuss setting a deadline for co-operating agents to submit offers. With each offer, we will carefully review the terms and conditions such as deposit amount, mortgage financing, inspections, contingencies and settlement date. Remember, as the owner, you are in control and everything is negotiable. 

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Step 7: Prepare for Closing

Once your property is under contract, the buyer(s) will begin their due diligence as outlined in the Agreement of Sale (such as an home inspection and appraisal.) There may also be some additional rounds of negotiating during these contingencies such as repair requests.  Our team will carefully guide you through this process. This is also the time to begin packing your home and making moving arrangements. Prior to settlement, the home should be completely empty. 

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Step 8: Settlement

It may seem anti-climatic but Sellers are not required to attend settlement! Owners may sign a seller deed package prior to closing (before a notary.) Funds may be wired or you can pick up a check. 

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.

Work With Us

At Mish Realty, personalized service is the top priority, with prompt responsiveness and professional representation offered to all clients. Whether you are a first-time home buyer or a seasoned investor, the team is dedicated to meeting your goals!

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