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Selling a Home

With so many reasons to sell your home, it’s important to understand the process and the importance of a good real estate agent.

Steps to Selling Your Home

Whether you have outgrown your home, you want to downsize or move to a different neighborhood in San Diego, or venture across the country, you might be wondering, “How do I sell my house? Where do I start?”

You’re not alone! If it’s your first time selling your home, a real estate agent will be there to guide you through the process. There are plenty of reasons to let a professional real estate agent handle the sale for you. A real estate agent will sell your home without an emotional tie, with logic, proper pricing, and marketing tactics in mind. Whether it’s your first time selling or your second or third, going through the steps of selling your home is always a good idea.

Step 1: Identify Your Motive for Selling

Before you think about putting your home on the market, it’s a good idea to explore your motives for selling in the first place. The first thing you should do is contact your lender to find out the balance on your loan. This will give you an idea of how much equity you have when you sell your home. Also make a list of non-negotiables like your time-frame to move, your budget for pre-listing home improvements, and the minimum sales price you will accept.

Step 2: Hire Steve Beaupre

Selling a home is a full-time job, and unless you have a real estate background yourself, your best bet is to hire a real estate agent like Steve Beaupre to handle the transaction for you. Since Steve Beaupre sells homes for a living, he knows everything there is to know about selling your home for top dollar. Steve can listen to your needs, has a good record of selling homes, good testimonials, and a solid marketing plan ready for your home.

Step 3: Research the Best Time to Sell

Depending on your specific neighborhood, there might be a certain time of year that is the best time to sell. Your real estate agent will help you determine if you are in a buyers or a sellers market which will also determine when the best time of year to sell your home is. If you choose to sell your home at the right time, you can actually maximize your profit and even expedite the sale of your home. Your real estate agent will help guide you through your ideal selling frame.

Step 4: Complete Any Home Improvements

Preparing your home to be sold usually takes a bit of work, whether you do it yourself or hire a professional. If you really want buyers to fall in love with your home, and potentially even spend more, investing in a few home improvements might be beneficial. Make sure to make a great first impression by ensuring your front yard and entrance to your home look great. You can also opt to sell your home as-is.

Step 5: Price Your Home Correctly

One of the top reasons you will want to work with a real estate agent to sell your home is so that your home is priced correctly. When a home is priced correctly, it will sell faster and ensure you receive as much money as it’s worth. One way to price your home is by researching comparable homes in the neighborhood. You can also hire an appraiser. Your real estate agent will help you choose the best price to sell your home for.

Step 6: Stage Your Home to Sell

Once all of your home improvements are completed, now is the time to stage your home to sell. To start, you should declutter, depersonalize and clean your home. Next, your real estate agent will best advise you on how to stage your home according to your timeline and budget. Also, make sure to clear away your children’s belongings as well as your pets’. If there is any pet damage, also make sure to repair it.

Step 7: Market Your Listing

Once your home is ready for buyers, now is the time to start marketing your listing! Between advertising online, putting signs in the yard, and broadcasting your home on social media, buyers will come flocking to your open houses. Your real estate agent will invest in professional photography and write an enticing listing description to capture interest. your real estate agent will also schedule open houses and showings of your home.

Step 8: Look Out for Closing Problems

Congrats! You got an offer on your home that you’re willing to accept. Just because your home is under contract doesn’t mean that it’s time to celebrate just yet. There are a few problems that might pop-up during this time. There might be a bad home inspection report, the home appraisal might be too low, or there can be a financing failure. Any of these problems can lead to the buyer dropping out. You might need to make some adjustments before the next offer.

Step 9: Move Out Of Your House

Just like selling your house, moving also requires planning. Plan for moving costs and where you will live next. Moving costs can get expensive depending on if you will do it yourself with a moving truck or if you hire movers. Consider calling companies for quotes for an idea. If you are selling and buying simultaneously, you will need to consider temporary housing to be safe. When the time comes, you should be prepared to move out of your home quickly.

Step 10: Finish Closing the Sale

There are just a few steps left to selling your house in San Diego. To start, you will need to open an escrow account. This is where all of the funds of the transaction are held. Next, you will need to complete any necessary repairs and complete specific inspections and obtain certifications. From there you will need to submit a property disclosure that discloses any known issues or defects that may affect the safety or value of your home. You will also need to review any expected closing costs that are typically 8 to 10% of the price of the home. Once that is taken care of, you will need to sign the necessary documents, hand over the keys, and finally, close escrow! This will then transfer the deed to the new owners, pay off your mortgage, pay closing costs and give you any profit you made.

Congrats on selling your home!

Now that you’ve sold your home, you might want to start looking for a new home to live in. Give Steve Beaupre a call today to start browsing available properties in San Diego.

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