If you're willing to put in a bit more effort to market your home, it's possible to sell your home yourself. But if you're feeling overwhelmed, you might want to consider listing your home with an agent for a flat fee. This allows you to take advantage of the online MLS to market your property without spending thousands of dollars on a real estate agent's commission fees.
Take a look at these resources to help you learn more about my flat-fee listing services and ways you can prepare your home to be market-ready!
If you've been thinking about selling your Denver, NC home, it's important to give yourself plenty of time to prepare your property. After all, well-kept and attractive homes tend to sell faster and for more money than properties that haven't been properly prepared for home buyers. This step-by-step home selling guide covers everything you will need to do as a home seller, from figuring out your home selling goals to signing paperwork.
Step 1: Determine Your Home Selling Goals
Do you want to work with a real estate agent? Do you want to sell your home yourself? Would you prefer a high sale price for your home or do you prefer to sell your property as quickly as possible? The first step in the home selling process is to figure out what you want to accomplish with your home sale.
Step 2: Make Necessary Repairs and Improvements
It's important to be proactive about any known maintenance issues your home has, such as a leaky roof, burnt-out lightbulbs, or squeaky hinges on your doors. Take care of these obvious problems first, then focus on value-boosting home improvements. That way, these issues won't become "sticking points" for potential buyers.
Don't start any major renovation projects right before you sell your home. Chances are that your potential buyers are not looking for top-of-the-line appliances or trendy features, so you will not likely recoup all the costs of the home improvements and upgrades. In most cases, your home can sell for a high price by doing simple home staging and home improvements, such as painting your walls and increasing your home's curb appeal.
Step 3: Determine a Fair Asking Price
Finding a competitive price is crucial to ensuring the highest return when you sell your home. To determine a competitive yet fair price, you will want to consider the price of nearby homes that have recently sold, the prices of nearby homes currently on the market, and the condition and location of your own home. My complimentary Neighborhood Sold Report and free home evaluation can help you figure out how to price your home.
Step 4: Clean, Declutter, and Depersonalize
Hopefully, you have already started going through the boxes, unused furniture, and other items stored in your attic, basement, or closets. Continue to work through your home and eliminate any clutter, paying special attention to main living areas and bedrooms. Then, deep clean your home and remove your personal items (including photos, family heirlooms, and personal decor). All of these tasks will help you attract more buyers for your home.
Once your home is free of clutter, dust, and personal touches, take professional photographs to highlight your home's best features when you list your home.
Step 5: List Your Denver, NC Home
Now it's time to put your home on the market! At this point in the home selling process, you have already determined what your goals are. If you're going FSBO — selling For Sale By Owner — then you may want to consider listing your home for a flat fee. You will be able to advertise your home on the MLS as well as take advantage of marketing services like professional photos, a centralized showing service, and an eye-catching "For Sale" sign.
Step 6: Make Your Home Available for Showings
You'll want to let buyers take a long look at your home while it's on the market, otherwise you may have a hard time selling your property. If you're selling your home yourself, this can be tricky. You don't know the people who are touring your home, and if you're not working with a real estate agent, it can be difficult determining whether your guests are serious buyers. However, if you take advantage of my flat fee listing services, I will provide you with a lockbox and review offers for your home.
Step 7: Negotiate and Accept an Offer
If a buyer is serious about purchasing your home, they will make you a written offer, which usually states how much they'll pay, their mortgage amount, closing and occupancy dates, and any contingencies. You can either accept the offer or negotiate for different terms. Negotiations can include your own contingencies, such as a first right of refusal if your buyer's offer is contingent on selling their home, making the offer contingent on you buying another home, or adding contingencies for closing and occupancy dates or buyer financing. If you use my flat fee listing services, I will help you negotiate any offer you receive for your property.
Step 8: Sign the Contract and Cooperate with Inspections
Once you and the buyer have agreed on an offer, you will both sign a legal contract called a Purchase and Sale Agreement. This outlines the specific terms, conditions, and contingencies of the home sale. Your home is now under contract, but it's not sold yet. The buyer will likely hire a home inspector to determine if there are any problems in the plumbing, electrical, heating and cooling systems, and roof that you may have not known about.
Step 9: Enter Escrow
Next, you will enter escrow, which is a sort of limbo period between selling your home and receiving the money. You may remember this step from buying your home, though rather than putting money down, your role is now to hold up your end of the agreement. During this time, you will work with an escrow company to complete paperwork and ensure that all parts of the contract are complete.
Step 10: Sign, Pay, and Close
Once everything is in order and both you and the buyer are ready to close the transaction, you will sign any remaining paperwork, pay any closing costs and fees, and make sure everything is in order. You will hand your keys and your property title over to the buyer, and you will receive a check for the remaining balance after the remainder of your mortgage is paid to your lender. Your home is now sold!
Learn More About Selling Your Denver Property Yourself
Listing your home for a flat fee is the best alternative to going FSBO. When you list your property with me, you will still be in charge of your own marketing and home selling preparations, but you will be able to take advantage of the MLS and my complimentary home selling resources.
Contact me to talk about your home selling goals!