NextHome Premier Properties wants you to succeed in the home selling process and the best way to do that is to be prepared. How? Plan your home selling process in advance.

WHY WOULD I WANT TO SELL MY HOME?
Ask yourself: “Why would I want to sell my home?” Is it for a business career in another city? Is it because my family is growing and we all need more space? Do you need to downsize because the kids are grown and moved away? Is it just because of a real estate investment? Whatever the answers are, you must contact a Real Estate Agent for assistance. A Real Estate Agent will help you detect your needs in particular as well as setting up a time frame for the selling process and how to proceed with it.

CHOOSING THE SELLING PRICE FOR YOUR HOME
Your NextHome Premier Properties agent will advise you on the best selling price for your home and offer professional advice and the most current marketing tools available to obtain that desired selling price. Your Real Estate Agent at NextHome Premier Properties will give you the best selling price for your home. He/She will start off by completing a CMA (Comparable Market Analysis), taking into consideration the kind of market your home is in along with the evaluation of recent sales in the area. Your agent will showcase your home in the best light possible and provide recommendations to obtain your asking price.

Your Real Estate Agent will also discuss the disadvantages of overpricing your home. A realistic asking price is critical to avoid the major consequences overpricing a home can cause.

GETTING YOUR HOME READY TO SELL
First impressions are very important factors into the selling process. Getting your home ready to sell – learn more.

ESTABLISHING A MARKETING PLAN
Now that your home is ready for sale your agent will work with you to create a marketing plan. A good marketing plan will bring you the best-qualified buyers right to your door. The first 3-5 weeks your home is on the market, will be the most active time for your newly listed home. There are lots of marketing plans for you to choose from and many of them depend on the homes, location, area, etc. Ask your Real Estate Agent what marketing plan is best for selling your home.

RECEIVING THE OFFER
Your Real Estate Agent must review all written documents, making sure they contain topics such as legal description of property, offered price, down payment, financing arrangements, etc.You receive the news your Real Estate Agent has just received an offer from a qualified buyer. Your Real Estate Agent must review all written documents making sure the offer contains pertinent information such as legal description of property, offered price, down payment, financing arrangements, inspection rights, repairs, deposits, list of fees, etc.

It is vital you understand all terms of the offer submitted. You must ask your agent about any terms of the agreement you are having trouble understanding before signing any documents.Once you sign the purchase contract, it may be difficult to make any changes. The buyer is not required to accommodate you and make any changes to the contract once the contract has been fully executed by all parties.

Know what you are signing. Ask questions! It could potentially affect your financial position if you don’t.

NEGOTIATING THE OFFER
You and your Real Estate Agent must review the written offer and fully understand what the buyer is offering.  NextHome Premier Properties experienced agents can accomplish this proficiently and successfully. You and your Real Estate Agent must review the written offer and fully understand what the buyer is offering and what he asks in return. This procedure is called “negotiation”.

Your agent will help you go through an easy and successful negotiation process as well as protect your best interest.
The items that are commonly listed to negotiate are asking price, financing, closing costs, repairs needed, painting, occupancy time frame, etc.

You must know as much as possible about the buyer who has submitted the offer. Your Real Estate Agent will look out for your best interest and explain the pros and cons of the negotiations submitted by the buyer.

INSPECTIONS & REPAIRS
You have just accepted the offer to sell your home. Your Real Estate Agent will make sure that all procedures pertaining to the home inspections go smoothly. The information resulting from all inspections conducted will be passed on to you and an explanation of the results will transpire.

If the results of the inspections go according to the terms of the written contract, the selling process will proceed.

In case there is a discrepancy in the inspection process, and both you and the buyer cannot come to an agreement regarding the findings in the inspections, the contract can be canceled by either you or the buyer without penalty.

PRE-CLOSING
Your Real Estate Agent will be in touch with the closing entity to make sure that all necessary documents will be available for you on time to sign. Your Real Estate Agent will be in touch with the title company to make sure all necessary documents will be available on time for you to sign.

Your agent will be contacting all parties involved to confirm all documents and repairs (if needed) are completed to ensure the transaction will close as scheduled.

CLOSING ON THE HOME
Your Real Estate Agent will be present during the closing to assist you during the process. This is basically a formal meeting in which the ownership of your home is transferred to the buyer through the escrow process.

You and the seller will attend your scheduled appointment separately with the title company to sign all documents required to transfer ownership.

Once you and the buyer signs, funds will be wired to escrow and the sale records and ownership transfers to the buyer.

POST-CLOSING TASKS
Congratulations! You have sold your home! However, there are just a few more things you must do before you can say it is done!

Your Real Estate Agent at NextHome Premier Properties will help you create a checklist of all items from the property that will need to be turned over to the new owners.

You also need to make sure all local services such as gas, electricity, phone, cable, etc have been canceled.
In case the new owner can retain some of these services, the name for the billing account must be properly changed.