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.

Our Testimonials

See why our clients love working with us
Chris B.

Chris B.

We put our trust in Katie to guide us through one of the largest changes in our lives, and she proved to be an absolute powerhouse. She may look nice and friendly, and our children may have grown attached to her, but I'm relie...
Read More
Ryan P.

Ryan P.

Katie, Cali and her team are absolutely top notch! If want your home or rental property sold quickly for top dollar make the call to Katie. Katie had all the right suggestions to make sure our duplex looked as presentable as ...
Read More
Tom M.

Tom M.

Wholeheartedly recommend Katie, Savanna, and the entire staff at Corcoran Realty. Their expertise and attention to detail made the difference between a good price and a great price when selling our family home. Professional and...
Read More
James M.

James M.

Katie and her team are truly exceptional - so great at what they do and a joy to work with. It took us a while to find the right next home for us and Katie was patient and perceptive throughout the process. When it was time to ...
Read More
Matt P.

Matt P.

Katie and her team are an awesome, professional, and down-to-earth group that takes care of your needs all the way through the process of buying or selling a home and moving. They guide and advise for the best possible outcome ...
Read More
Rita O.

Rita O.

Katie and her entire team were fantastic! From start to finish (and beyond) they were there to support us all the way! Katie is authentically the real deal when it come to her thoughtfulness and leading by example, we absolutel...
Read More
Cathryn S.

Cathryn S.

My partner got a new job here in Wisconsin so we had to move from California and find a place without having been out to check out properties. I searched for a good REALTOR and when I found a review about someone else in a simi...
Read More
James C.

James C.

Savanna and Corcoran Realty did a awesome job helping us to find out new home, I am not originally from the US so a few things were very new to me, Savanna did a great job in helping me understand the process and also secured a...
Read More
Patrick B.

Patrick B.

Katie has a team full of professionals. We have bought two homes and sold (1) home with Katie, and we couldn’t be happier. If you’re looking for a knowledgeable, professional, and kind REALTOR. Corcoran Realty & Co is the best!!!
Read More
Steph C.

Steph C.

I had a really good experience here! My agent was very helpful and explained every step of the process, which I appreciated as a first-time real estate buyer. Recommended!
Read More
Joe M.

Joe M.

Great experience great professionalism and an extraordinary team. Corcoran realty put us forward and made sure that our house was equally as represented as all of there other clients, it felt like we were the only house they w...
Read More
Sam A.

Sam A.

Katie and her team were an absolute pleasure to deal with from start to finish in the selling of our home. They are true professionals and we could not recommend them highly enough!
Read More
Nicole O.

Nicole O.

Katie and the entire team were wonderful to work with. They were attentive to what we were looking for, quick to respond, and incredibly helpful through the entire (stressful) process of buying a house :)
Read More
Jack H.

Jack H.

Katie and her teammates are very professional and effective. They know the neighborhoods inside-out. We got a nice house in a sellers' market thanks to Katie's strategies. Highly recommend especially if you are looking to buy o...
Read More
Laurie T.

Laurie T.

Katie and her team are great! They were always responsive and did everything possible to get my house sold and to help me get into my new house. Katie knows how to get things done. Definitely recommend her!
Read More
Nicole S.

Nicole S.

The whole gang at Corcoran Realty are fantastic! They were able to work around my schedule, were always quick to respond to any questions, are very knowledgeable, and in general are kind, genuine people. I would highly recommen...
Read More
Celeb S.

Celeb S.

The entire Corcoran team is extremely knowledgeable, responsive, and honest, and certainly went the extra mile to enhance our buying experience.
Read More
Bill R.

Bill R.

Real Estate deals can be easy and some can be a bit more complicated. It you want a REALTOR that has been in the business long enough to handle all types of deals, you want Corcoran Realty. I am convinced that by staging our ho...
Read More
MaryBeth J.

MaryBeth J.

Amazing realty team. We looked at homes with a very wide range of list prices and I honestly never felt pushed towards the higher end. We wound up with a home that was perfect for us that was at the bottom end of the range and ...
Read More
Meriç A.

Meriç A.

Working with Corcoran Realty for our first home was a breeze. The whole staff was very knowledgeable and responsive. We arranged several viewings on short notice with either Katie or Sam, and as we roamed around houses, both we...
Read More
  1. 1
  2. 2
  3. 3

What’s your property worth?

CONTACT INFORMATION

Almost There! You’re 1 Step Away

By providing Corcoran Realty & Co your contact information, you acknowledge and agree to our Privacy Policy and consent to receiving marketing communications, including through automated calls, texts, and emails, some of which may use artificial or prerecorded voices. This consent isn’t necessary for purchasing any products or services and you may opt out at any time. To opt out from texts, you can reply, ‘stop’ at any time. To opt out from emails, you can click on the unsubscribe link in the emails. Message and data rates may apply.
Thank You

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

Work With Us

Etiam non quam lacus suspendisse faucibus interdum. Orci ac auctor augue mauris augue neque. Bibendum at varius vel pharetra. Viverra orci sagittis eu volutpat. Platea dictumst vestibulum rhoncus est pellentesque elit ullamcorper.

Follow Us on Instagram