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.
Mr. Joyce help us find and buy a great house which has greatly increased in value since we bought it.
Chad Joyce has proven to be a wonderful agent in the Dallas, TX area. He is very professional and will go over and beyond what he is asked of to get the Asset sold for the bank.
Chad is very knowledgeable, as he was able to get us a good deal in our forever home. He has good contacts with home insurance and loan originators. We are extremely grateful for all he did for us.
We highly recommend this REALTOR. Chad pointed out items of concern with each house we walked through and make the process very easy. He got back to us regarding all questions and concerns in a timely matter and is very profess...
We bought our condo from Chad almost four years ago and decided to buy our house through him as well. If you're looking for a nice, honest, patient REALTOR who truly cares about you and wants what's best for you then Chad is yo...
Extremely knowledgeable in all aspects home purchase process from finding prospects, and needed resources, the mortgage process, actual ownership, government requirements and resources, and the overall purchase and real-estate ...
We have just completed a purchase on an investment property in Texas as a Washington resident. We needed an agent, and based on a referral chose Chad. This was a great decision. Because of the hot real estate market in Texas, w...
I have worked with Chad twice over the last three years. The first time was to rent my home and handle my property management for six months. I was very impressed with his knowledge of the area and the local tradespeople to get...
Chad is great to work with!
Work and have known Chad for yrs. Going above and beyond is how he works for his clients.
I’ve worked with Chad for over 4 years and he’s been my go to buyer representative that entire time. Chad is a consummate professional, trusted advisor and has always gone above and beyond my expectations, which is why I would ...
Chad is as professional as they come. He constantly exceeds expectations, is extremely knowledgeable and always has his clients best interests at heart. I enjoy working with Chad and you will not find a better residential realt...
Nice and easy to work with.
Great agent to work with!
I love working with Chad!! It's always a great transaction!
Chad was professional, patient, and did a great job with fluid communication between parties. I recommend Chad to others.
Great communication and prompt response throughout the transaction.
Chad was great to work with. He was always available and I felt like we shared the same common goal.
Chad was just always available and responded quickly...he was very personable and open to any suggestions for the best outcome for all parties. Just how it's suppose to be!
Chad knows that investors, buyers, and sellers all want their transactions to go smoothly. With his business acumen and real estate savvy, he’s able to make the process seamless for clients.