The Homeselling Process: What Does it Take to Sell a House?

 


The first step in every home selling journey is to decide that you are moving on to a new home and selling your current one. Now, once that is over and done with, the next step is to choose your listing agent.


1. CHOOSE YOUR LISTING AGENT

If you had a great experience with the agent that helped you buy your house, then make sure to consider them for listing it as well. However, if you are thinking of hiring a new real estate agent, start your research with referrals from your family and friends. (If your property is in Vancouver or Richmond, don’t forget to consider us too!) Once you have a shortlist of agents you want to interview, ask these questions before moving forward with any of them.

 

2. LIST YOUR HOME

One great thing about hiring a real estate agent to help you sell your home? Your agent will make this process as easy as possible for you the moment you sign that listing agreement. All the more reason for you to choose your agent carefully. Also, listing your home involves a few key aspects that you have to thoroughly discuss with your agent, such as the following:

  • Your legal relationship with the real estate brokerage

  • How long it should take for the realtor to sell your home

  • Home appraisal

  • Your home's asking price

  • Any renovations needed to prepare your home for the sale aka as staging

Once everything is all set, let your realtor do their job and market your home to its potential buyers.

 

3. RECEIVE OFFERS

You'll know that you have a great realtor if the whole experience of selling your home doesn't feel as stressful as you initially thought it would. Now, the financial aspect of the selling process can be a totally different story. Especially once the offers start coming in. Your real estate agent is required by law to show you every offer that your home receives. Then for each one, you have 4 options:

  • Accept it

  • Make a counter offer

  • Reject it

  • Ignore it

Let your agent explain these options to you and decide what you want to do with the offers you receive.

 

4. CLOSING

Hooray! You just accepted an offer. The next step would be to let your realtor know about it, as well as your lawyer or notary public. Once closed, your lawyer will finalize all of the legal aspects of your sale then proceed with giving you a cheque or transferring the net proceeds to your bank. Now is the time to turn over your keys, move out and let your adventure begin!

 

We’d love to assist you in your selling journey! Let’s chat, contact us and we’ll be glad to answer your questions.


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