Seller's Guide

Everything You Need To Know About Putting Your Home On The Market, Accepting An Offer, And Closing On Your Home.

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$50M

Total Sales for 2023

$122M

Hollywood Sales Made in 2019

$240M

Total Sales

134+ Years

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A Step-by-Step Seller's Guide

Selling your home can be a daunting experience, particularly if you're unsure of what lies ahead. Luckily, by partnering with a seasoned team of real estate agents and utilizing this straightforward guide, you can navigate the process seamlessly. Adhering to these steps will enable you to ready yourself, ensuring a well-organized approach and maximizing the potential sale price of your home.

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Step 1: Understand Why You're Selling

What are your objectives for selling your home? Are you aiming to generate a specific amount of funds for an upgrade to a larger or more luxurious property? Is a swift sale crucial to facilitate a relocation to a different city or area? Clearly defining your goals enables you to tailor your approach. For instance, if a quick sale is paramount, you might consider pricing your home lower than if your primary aim is to achieve a particular profit margin. Communicate these priorities to your chosen REALTOR® so that they can appropriately adjust your selling price.

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Step 2: Determine Selling Price

Mastering the art of pricing your home stands out as a pivotal aspect of the selling journey. Establishing a fair price from the outset ensures heightened interest from both real estate agents and potential buyers. Overpricing may result in diminished interest, while underpricing risks undervaluing your property. Collaborating with a proficient team of real estate agents proves to be the optimal approach for pinpointing the accurate selling price for your home. Seasoned agents can assess the selling prices of comparable homes, analyze the present market conditions, and may even recommend a professional home appraisal.

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Step 3: Start Preparations

Maintaining your home in impeccable condition throughout your tenure is a rarity among homeowners. Once you've established the pricing for your home, it's the opportune moment to prepare it for showcasing to potential buyers. This entails decluttering, depersonalizing the space to allow buyers to envision themselves there, addressing any minor repairs, and conducting a thorough cleaning to ensure your home presents itself in a state of absolute perfection.

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Step 4: Develop a Marketing Strategy

Crafting an ideal marketing strategy tailored to promote your home is our commitment. This encompasses the listing process coupled with targeted outreach through social media campaigns, agent-to-agent referrals, traditional media channels, and SEO advertising. Our team is dedicated to formulating a marketing campaign strategically designed to generate maximum traffic to your listing within the initial three weeks of your partnership with us.

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Step 5: Evaluate Offers

While receiving an offer marks an exciting juncture, it doesn't signify the conclusion of the journey. We meticulously assess each offer, ensuring that the offering party is prequalified or pre-approved by a mortgage lender and that their terms align with your preferences. Should the offer fall below expectations, there's room for negotiation. You can counter-offer or propose alternative solutions to narrow the gap, whether it involves covering closing costs, undertaking necessary repairs, adjusting the move-in date, or leaving certain appliances or fixtures for the new buyer.

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Step 6: Accept an Offer

Upon determining that the offer meets your approval, we meticulously scrutinize the proposed contract to ensure its completeness and inclusion of essential components. These elements encompass the deposit amount, down payment, financing details, inspection rights, repair allowances, contingencies, settlement date, and a comprehensive list of fees along with their respective responsibility. Once mutual agreement on the terms is reached, your dedicated team of real estate agents will compile a final contract for the transaction.

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Step 7: Get Ready to Close

Having accepted an offer, you're now on the brink of concluding your selling journey. However, before reaching the final destination, you and the buyer must collaboratively compile a checklist of tasks to be completed before closing. This may involve formal inspections, surveys, and appraisals, or addressing major and minor repairs essential for the house to close successfully. Our team takes charge of developing and executing this checklist, ensuring each action item is covered by the appropriate party, and confirming everything is in order by the closing date. A few days before the scheduled closing, we proactively contact the transaction-closing company to ensure all is set. If not done already, arrangements for your move should be made, allowing the new buyer to take possession as planned.

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Step 8: Close

Congratulations, you've reached the concluding phase of the seller's journey. The closing process involves the legal transfer of property ownership to the new buyer. In this pivotal moment, we'll convene with the company facilitating the transaction to execute the final paperwork and address any outstanding matters. Simultaneously, you can coordinate with your team of REALTORS® to manage concluding details such as discontinuing utilities, cable, and lawn or trash services. Additionally, it's essential to update account names for services retained by the new owner and provide instructions for any appliances remaining in the home.

Congratulations!

Upon successfully selling your home, you're now at liberty to embark on the next leg of your journey. Whether it involves relocating to a new city, transitioning to a larger residence, or downsizing and embracing life as empty-nesters, the assurance that all your selling responsibilities have been fulfilled allows you to approach your new path with peace of mind.

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Choosing 941Team is a pivotal decision for sellers. Our customer-centric approach, leveraging the expertise of the entire team, ensures a standout experience tailored to your needs.

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