The Home Selling Process

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Selling your house may sound easy at first and you may decide to try to sell your home on your own. This post will show you what steps are normally involved in the home selling process, and maybe you will see how valuable selling your home with a real estate agent can truly be:

  1. Understand your market. Do some research and find out what the market is doing in your neighborhood. Your real estate agent can provide a detailed report of the current real estate activity in your area.
  2. Market your home sale. Create flyers and brochures, and offer open houses. Ideally you are working with a real estate agent who will enter your home into the Multiple Listing Service.
  3. An offer received begins the negotiation and counter-offer process.
  4. Once the contract is ratified by all, the buyer(s) may choose to order home and termite inspections.
  5. Remove any contingencies after negotiating terms from home or termite inspection findings, etc.
  6. Buyer(s) will do a final walk-through prior to settlement.
  7. Close on the property.

This is just a basic overview of the process, and because there are many factors that could affect each step, it’s recommended that you hire a real estate professional knowledgeable in handling unique situations.

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