The 6 Steps of Selling a Home

Step 1 – Expectations

What do you expect from your real estate agent? Do you have a time frame in mind regarding the sale of your property? After reviewing your investment into your home, what do you expect to gain financially?

Step 2 – Market conditions

Your real estate agent knows the market and has access to recent sales prices in your area. Considering the condition of your home, the agent will work with you to set a price that will be considered fair for your area. This is an important element of the process, because if the asking price is too high, buyers may not consider your home as an option and it may take longer to sell. It is important not to short change yourself with a low asking price.

Step 3 – Critique

Look closely at your home with objective eyes. Walk into your home as a stranger. What could you do to spruce up your home visually? Consider the inside and as you walk into your home, notice the scent and look of your home, clear the clutter and apply fresh paint if necessary to make your home appealing to others. Your home is being compared against others in the area, so take the time to improve on the details.

Step 4 – Sales Plan

You and your agent can brainstorm and create a marketing plan of how to proceed. Your agent can recommend selling tips based upon knowledge and experience, so ask your agent how you can be of assistance. For example monitoring pets, keeping a lighted home for showings and leaving the home during the showing will improve your odds for a sale. Our agents will promote your property by doing the following: (1) Using internet and MLS (2) yard signs (3) open houses (4) home staging suggestions (5) media/magazine advertising, Real Estate Board presentations, agent to agent referrals (6) direct mail marketing and ad campaigns (7) office and broker preview.

Step 5 – Buyers

Once you receive an offer, your sales agent will inquire about the financial viability of the buyer that wants to purchase your home. After negotiating a price and the earnest money has been collected you will negotiate many items such as inspection issues and repairs, inclusions and exclusions in the sale and a settlement date. Your priorities should be considered carefully as you go through the negotiations to secure an agreement that is acceptable to you and the buyer. Your agent will facilitate the process and support you in attaining the best possible closure.

Step 6 – Sold Home

Be prepared for last minute changes and organize yourself for the usual and formal steps that must be completed. Complete items of due diligence such as repairs, removing excluded items, surveys. Congratulations, you are ready to go forward and facilitate your plans to move. You made the right decision with an agent from Cherry Creek Properties to assist you.

Cherry Creek Properties is your best choice!
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