Seller's Guide

Everything you need to know about putting your home on the market, accepting an offer, and closing on your home.

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.​​​​​​​

main

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 REALTOR once you choose one so he or she can adjust your selling price accordingly.

main

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.

main

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.

main

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.

main

Step 5: Evaluate Offers

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.

main

Step 6: Accept an Offer

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.

main

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, 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.

main

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. 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.

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

L

Layklyn Davis

This team made my first time buying a home a breeze! They were incredibly helpful and always answered and questions I had! The best team I could have asked for!!
Read More

B

Bethany Horner

Kaitlyn and Phyllis are such a dynamic duo! I cannot recommend Kaitlyn and her team enough if you are looking to move to the Lake Charles area... especially in the current housing market. Kind, resourceful, down-to-earth, and d...
Read More
Heather

Heather

Phyllis was a lifesaver! My husband wanted a REALTOR and I didn't, but I'm so glad he convinced me! Phyllis answered all of our questions, researched pricing for negotiations and just has an overall knowledge of the market and ...
Read More
Jill C.

Jill C.

I explained to Phyllis exactly what I was looking for and within a few short days, we had a contract. Phyllis negotiated the offer professionally and with my best interest in mind. She took care of everything from scheduling in...
Read More
Todd A.

Todd A.

Phyllis made my wife and me completely comfortable with the sale of our existing home as well as the purchase of our new home. She took care of everything and was very knowledgeable about the market. Phyllis gave great advice a...
Read More
Katie H.

Katie H.

Phyllis gets the job done no matter what it takes. She takes care of you on all matters. She scheduled everything and made this the easiest process for me. She made my first-time homebuying experience very delightful. I highly ...
Read More
Daniel C.

Daniel C.

Phyllis made our first-time home-buying process an absolute breeze and much faster and smoother than we expected. Her knowledge of the local market and honest opinions of the homes she showed ensured us that we picked the right...
Read More
Kevin L.

Kevin L.

Phyllis Loftin was our Real Estate savior! After getting into the hunt for our new home, basically alone Phyllis is who we accidentally ran into. What a terrific experience every step of the way. Thanks, Phyllis!
Read More
Buyer

Buyer

Excellent! Made our process easy even though as clients we were not. Highly recommend! Many hiccups in the process of purchasing our home yet Ashley was always on top of it and made the process painless.
Read More
Leo B.

Leo B.

Phyllis was very helpful throughout the process. She went over and beyond to make everything happen smoothly. I would highly recommend Phyllis to anyone looking to buy or sell a home.
Read More
Graham H.

Graham H.

Phyllis is a true professional. She made buying our home a great experience. Everything we wanted to be changed or included she worked diligently with the seller to meet our needs.
Read More
Buyer | Seller

Buyer | Seller

Ashley was very helpful and professional and was always available to show me homes. I highly recommend her to anyone looking to buy, sell, or invest in real estate.
Read More
  1. 1
  2. 2
  3. 3

What’s Your Property Worth?

CONTACT INFORMATION

Almost There! You’re 1 Step Away

Thank You

We’re gathering your property information. Your home valuation report will arrive in your mailbox.

Work With Us

We bring passion and sharp attention to detail to helping buyers in a highly focused search for their new home and to helping sellers get the most value for their home.

Follow Us on Instagram