SELLING A HOME
Putting Your House on the Market
Knowledge can be the key to a
speedier home sale. Learn all you can about selling
from appraisals to negotiations...as well as how
an Century21 professional can help you market
your home for the quickest sale with the best
price possible.
Step 1: Creating a Marketing
Plan
Create a marketing plan for your
home that will help distinguish it in your local
marketplace and attract buyers to your property.
This may include advertising in the newspaper,
posting your listing on the Internet, holding
an open house and more.
Step 2: Setting the Price
A key part of the marketing plan
is setting the list price. If a home is priced
too low, it may cost you money. If a home is priced
too high, potential buyers may be scarred away.
To determine the best asking price review the
cost of recently sold homes, evaluate the competition
and study marketplace trends. Century21 Sales
Associates are trained to use this information
to help you reach the right asking price. It is
also helpful to disucss other terms and conditions,
such as timing and items that can be included
with the sale of the house. Both of these can
make your house more attractive to potential buyers.
Step 3: Showtime
Now it's time to get your house
ready for the spotlight. Start with a good cleaning,
then eliminate any clutter, add a fresh coat of
paint and tidy up the yard. Talk to your real
estate professional about other tips that can
boost a house's curb appeal and impress potential
buyers once they're in the door.
Step 4: Protecting Yourself
In some cases, a house sale can
also be an invitation for danger. Here are some
things you can do to make the process safer.
Ask for identification
Ask for pre-approval letters
Lock up and hide collectible and valuables
Remember "For Sale" signs bring in buyers.
Do not allow your children to open doors to strangers.
If you have pets, make sure they are controlled
Reemove any dangerous items
Talk to your Century21 Sales Professional about
additional safety tips to help protect you and
your family.
Step 5: Making the Deal
A buyer has made an offer - now
it is time to negotiate. Rely on your real estate
professional to guide you through this process.
He or she will help you arrive at an acceptable
price, terms and conditions. Once you have accepted
an offer, help keep the deal together by meeting
deadlines and criteria, including home inspections,
appropriate buyer visits, scheduled deposits and
other steps. In fact, during this period there
may be a renegotiation of the accepted offer price
depending on the outcomes of these visits. As
the closing nears, you may also need to perform
repairs or do additional work to the house as
agreed upon in your contract. In addition, you
will need to have the house "broom clean"
prior to the closing so that the buyer can complete
a final walk through. When you finally arrive
at the closing table, come prepared with the appropriate
certificates and approvals as required by your
town, count and state. Ask the appropriate agency
or get a list of what you need from Century21.
Once the money has exchanged hands and all the
papers signed it's time to hand over the keys
and concentrate on your next big project - getting
YOUR new home in order.
For a basic selling process overview: click here.