Seller's Guide

A Step-by-Step First Time Seller's Guide

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.​​​​​​​

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Step 1: Understand Why You're Selling

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 Real Estate Agent once you choose one so he or she can adjust your selling price accordingly.

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Step 2: Determine Selling Price

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.

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Step 3: Start Preparations

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.

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Step 4: Develop a Marketing Strategy

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.

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Step 5: Evaluate Offers

Receiving an offer is an exciting part of the process, but it doesn’t mean the journey is over. I 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.

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Step 6: Accept an Offer

Once I deem the offer is acceptable, I 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.

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Step 7: Get Ready to Close

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, I 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.

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Step 8: Close

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. I 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 Real Estate Agent 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.

Congratulations!

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.

Testimonials

Jaimie H.

Jaimie H.

I’ve had Tony’s help twice now selling my home. My first experience was went so well, I didn’t even think about trying someone else. It’s always a little overwhelming trying to look up rates, trends, and home values to get star...
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Summer

Summer

Tony and his exceptional team helped my husband and I purchase our first home. Before we met him, we were not seeing a real return on the enormous amount of effort we poured into finding the right home and having our offers acc...
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Justin & Doris

Justin & Doris

We had a home to sell and we had it on the market with two agents and neither one of them sold our home. We interviewed over 20 agents and decided to go with Tony Elias & Associates and it was the best decision I could have eve...
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Cheska C.

Cheska C.

Tony is the best agent you could have. He knows what he is doing and he has so much experience. He kept me in the loop the whole time and explained the process every step of the way. I was never lost or confused about what was ...
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Evelyn

Evelyn

Hello Tony, so now that it’s a done deal I’d like you to know that I figured out that in the last 10 years I’ve have been involved in 7 real estate transactions and Shirley Lane was by far the slickest and most efficient one of...
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Gloria A.

Gloria A.

We had our home on the market for 101 days with our previous agent and did not get one offer. We interviewed 5 agents in hopes to pick the right agent and decided to go with Tony Elias. He not only did what he said he would do ...
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John & Rosanna

John & Rosanna

We met Christina with Tony Elias & Associates through an open house and she was super professional. She helped us sell our house in 5 days and found her own buyer through her Mega Open House and 21 Point Marketing plan and was ...
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Elsa

Elsa

Tony Elias & Associates has made another happy client. Marilyn helped us throughout the whole process and was always there for us. She walked us through every step of the sale and was very professional and upfront about everyth...
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Joe & Joeylynn

Joe & Joeylynn

I just got the keys to our brand new dream home and closed escrow on our old home all in the same week. I’m so excited. I even screamed and did a happy dance in the sales office. I’m so happy I’m beside myself. Now to unpack it...
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Dale & Rosemarie

Dale & Rosemarie

Thank you for helping me and my family purchase a home. You and your team were awesome. You not only found the home we were looking for but you also negotiated a screaming deal for us and we were able to get this home for under...
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