Selling a house with a realtor involves several steps. Here’s a general overview of the process:
Choose a Realtor:
- Research and interview real estate agents to find one who has experience in your local market, a good track record, and with whom you feel comfortable working.
Set the Right Price:
- Your realtor will help you determine the optimal listing price based on a comparative market analysis (CMA) that considers recent sales of similar properties in your area.
Prepare the Property:
- Your realtor will provide recommendations on how to enhance your home’s appeal, such as staging, making necessary repairs, and improving curb appeal.
List the Property:
- Your realtor will create a listing for your property, including professional-quality photos and a detailed description. The listing will be posted on the multiple listing service (MLS) and various online platforms.
Market the Property:
- Your realtor will implement a marketing strategy to attract potential buyers, which may include open houses, online advertising, and traditional marketing methods.
Negotiate Offers:
- When you receive offers, your realtor will help you negotiate terms, including the sale price, closing date, and any contingencies.
Accept an Offer:
- Once you accept an offer, the buyer may conduct inspections. Your realtor will guide you through any negotiations that may arise based on the inspection results.
Under Contract:
- When both parties agree on the terms, and all necessary inspections and contingencies are satisfied, the property is considered under contract.
Closing Process:
- Your realtor will work with the buyer’s agent, lenders, and other professionals to ensure all necessary paperwork is completed. This includes coordinating the title search, addressing any issues that arise, and scheduling the closing.
Closing Day:
- On the closing day, you, the buyer, and both real estate agents will meet to sign the necessary paperwork. The buyer will typically provide the funds, and you will transfer ownership of the property.
Move Out:
- After the closing, you will need to move out of the property, and the buyer will take possession.