Selling a home isn’t quite as simple as sticking up a ‘for sale’ sign and waiting for the buyers to come to you. Here is a quick overview of the various steps involved in selling a property.
Deciding to sell. Consider what is happening in the market at present and what is best for your particular situation.
Choosing an agent. Your agent will be in charge of advertising, showing and completing the legal requirements of selling your property, so choose carefully. Some agents are after the quick sale and will undercut the price. Some agents will over value the home to win the listing. Know what price you are after and compare with different agents.
Your agent will work out a plan for listing with you. Don't just agree with the agent - ask questions!!
Your property’s location, size, age and features will need to be assessed, as will the current market and area trends. We provide you with a Comparative Market Analysis for you to review.
You’ll sign an agreement with your agent. This legally binding contract will detail any commissions, the estimated sale price, duration of the agreement, advertising costs, process and much much more.
Advertising and showing your property. This generally involves photographing your property, drawing up floor plans and writing your ads for online portals.
Going on the market. Prospective buyers will contact your agent and arrange times to view your property, or attend your open homes.
Sale and negotiation.
Under contract. Both seller and buyer’s lawyers and banks will work out the details of the sale to ensure both parties meet all legal and financial requirements.
Settlement day. All going to plan, you’ll relinquish the keys and legal rights to your property in exchange for the balance of payment from the buyer or their bank. Congratulations, you have sold your home!
At JLC Real Estate we are happy to discuss any options with you. But if you are thinking of selling, ensure you request appraisals from at least 3 agents and work out which one suits you best!!