Everything You Need To Know About Putting Your Home On The Market, Accepting An Offer, And Closing On Your Home.
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 agent 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.
What do you want to accomplish with the sale of your home? Do you want to make a certain amount of money that you can put toward a larger or nicer home? Do you need to sell it as soon as possible to facilitate a move to a new city or area? Once you understand your needs, you can better craft your offer. For example, if you need to sell quickly, you might want to price your home lower than if your goal is to make a certain profit margin. Make sure you convey these needs to your realtor once you choose one so he or she can adjust your selling price accordingly.
Knowing how to price your home is one of the most important parts of the selling process. When you set a fair price in the beginning, you’ll get the most interest from other real estate agents and prospective buyers. Overpricing your home could lead to reduced interest, and underpricing leads to receiving less than what your home is worth. Working with a real estate agent is the best way to determine the right selling price for your home. An agent with experience can determine what other comparable homes are selling for, evaluate the current market, and may even suggest a home appraisal.
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.
I will develop a marketing strategy that is perfect for advertising your home. This involves listing the home and then driving the right people to that listing through social media campaigns, agent-to-agent referrals, traditional media, or SEO advertising. My team creates a marketing campaign that aims to get the most possible traffic to your listing in the first three weeks after becoming a client.
Receiving an offer is an exciting part of the process, but it doesn’t mean the journey is over. We will evaluate each offer and make sure the party making the offer is prequalified or pre-approved by a mortgage lender and that their offer is acceptable to you. If the offer is too low, you can make a counter-offer or offer other ways to bridge the gap, such as covering some or all of the closing costs, making repairs, adjusting the move-in date, or leaving some appliances or fixtures for the new buyer.
Once we deem the offer is acceptable, we will review the proposed contract to make sure it’s all in order and includes the necessary components such as deposit amount, down payment, financing, inspection rights and repair allowances, contingencies, settlement date, and a list of fees and who will pay them. When both parties have agreed to the term, a final contract will be prepared by your agent.
You have accepted an offer and are now very close to the end of your selling journey. But first, you and the buyer must make a list of what needs to be done before closing. In some cases, your home may need to be formally inspected, surveyed, and appraised. In other cases, major or minor repairs will need to be made before the house can close. I will head up efforts to develop and execute this list, get each action item paid for by the correct party, and make sure everything is in order by the closing date. A few days before the closing date, we will call the company closing the transaction to make sure everything is ready to go. If you haven’t done so already, you also need to make arrangements to move out of the home so the new buyer can take possession.
You’ve reached the last step in the seller’s process. When you close on a home you are selling, you are legally transferring ownership of the property to the new buyer. We will meet with the company closing the transaction to sign the final paperwork and go over any issues that have not yet been taken care of. During this time, you can also make plans with your realtor to handle final details such as canceling utilities, cable, and lawn or trash services, changing the name on accounts that the new owner is retaining and ensuring the new owner has instructions for all appliances that will remain in the home.
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.
Tracy is an amazing real estate agent. She has a lot of patience and perseverance to find the exact house that you are looking for. It took our family almost a year to find our perfect house and Tracy never stopped working tirelessly to find us the perfect house. Every day I pinch myself and think if I had used someone else they would have probably convinced me to settle for something less than what I wanted. Instead, I walk around feeling like I am on vacation every day because my house is so wonderful. This house is perfect for our family and we don't ever plan to leave. The difference between finding a good real estate agent and an ok agent is th...— Rita R.
Tracy is a pleasure to work with, we always felt that we were in very capable hands. Her knowledge and experience created a seamless process from our initial search through the closing. She was even able to put us in touch with someone who lives in the building that we were interested in who could answer our specific questions about the experience of living on the property. When it turned out that the condo had multiple offers Tracy was able to ascertain what we needed to do to come in with the winning offer. Tracy is hardworking and is dedicated to her clients. I highly recommend Tracy for anyone interested in selling or buying real estate in this ...— Alison
Working with us for a year, Tracy did a great job in the purchase of our Boulder condo. We live in another state across the country and we depended on Tracy to handle everything: searching for properties just right for our needs, keeping on top of details, and following through with the steps needed to accomplish the purchase. We offered and went under contract on the property without seeing it in person, and trusted her judgment and experience regarding our needs, and the current market. We are very satisfied with our experience working with Tracy and recommend her to others.— Elliot & April A.
Tracy was very patient with us while we looked at properties in an effort to narrow down what neighborhoods, price range, size, etc. would work best for us. And then once we knew what we needed, she knew exactly what to do to negotiate a fast-moving Boulder market so we were able to make an offer that worked for everyone. Once our contract was accepted, she stayed on top of the process and helped make sure everything went smoothly to closing.— Nancy & Ron S.
Buying and selling real estate can be extremely stressful and Tracy made it pleasurable! Her attention to detail, responsiveness, and eagerness to make it a positive experience was a treat. She answered all my questions in a very timely way, communicated with the selling agent on any detail we needed, and made the entire transaction completely smooth. I would recommend Tracy to anyone!— Pamela S.
Tracy was a great support to us in a difficult market for a buyer. She was very patient and never gave up on us finding a great house. Tracy knows the market and the area very well, and she was always on the lookout for our house. We now have a wonderful home that fits us very well. We love our house and are very happy here-Thank, you Tracy.— Joanne G.
Tracy was such as asset in the purchase of my home in Boulder. Her insider knowledge helped me to find a place in this crazy market, and her experience led to a smooth ride from offer to closing. I felt that she always had my back and was there to answer any questions.— Amy M.
As a first-time homebuyer, I was reluctant to start the process but Tracy truly did everything to make this experience as painless as possible. I was never once worried because I knew she was making decisions based on my best interest.— Diana G.
I loved working with Tracey and would do it again in a heartbeat. I recommend her with the utmost confidence!— Coates
I would highly recommend Tracy for any real estate needs in Boulder County.— Pamela S.
Tracy is a great realtor and dedicated to getting the job done!— Sandra M.
I work in luxury, and I work with first-time home buyers. I find great satisfaction in working through clients' life transitions. Be it my mentee dreamer from I have a dream buying her first condo, to selling gorgeous luxury homes. Contact now to get started.