If you’re planning to sell a house, it’s important to understand the intricacies of the process. It comes with a lot of challenges, which is why many homeowners turn to a real estate agent. This stress-free solution ensures no steps are missed and will help you maximize your return as quickly as possible.

Steps in the Home-Selling Process

1. Determining Value & Pricing

The real estate market is constantly changing, and you’ll need to price your home accordingly. Undervaluing leads to lost profits, and overvaluing can turn buyers away. A real estate agent will compare your home to other properties on the market and those that have sold recently. They’ll then help you price it to achieve the best return and attract the largest buyer pool. In some cases, light repairs and renovations can increase home value, so the agent may recommend a home inspection and upgrades.

2. Listing & Marketing

Next, the real estate agent will list your home on the market. They’ll officially list it on their website and they may place an ad in your local newspaper. Using high-quality photos and including enticing home features—such as a fireplace—they can then position it to attract a buyer demographic in your area. This is important if you need to move out of your home quickly.

3. Staging & Showing

Dedicated buyers will begin scheduling showings with your agent. To prepare, the agent will stage your home, so it showcases important features. This may include painting, taking down personal décor such as wedding photographs, and rearranging furniture. They’ll then invite interested buyers to take a tour.

4. Negotiating & Closing

If prospective buyers are truly interested in the home, they’ll submit an official offer. This is often lower than the asking price and will require negotiations. The real estate agent will negotiate on your behalf. They’ll leverage upgrades, existing features, and other aspects of the home to get the best deal.

If the buyers accept, the real estate agent will then file the necessary paperwork to finalize the transaction. They’ll submit documents to the local government, and the home will be officially sold.

Are you ready to sell a house? The team at Herron Realty will help you sell a house in the Old Forge, NY, area. These professionals will conduct extensive research to help you land the best deal on a residential or vacation property. Browse their available properties on their website and call (315) 369-6910 to schedule an appointment.