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Seller's Guide

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.​​​​​​​

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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 real estate agent once you choose one so he or she can adjust your selling price accordingly.

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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.

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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.

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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.

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Step 5: Evaluate Offers

Receiving an offer is an exciting part of the process, but it doesn’t mean the journey is over. I 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.

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Step 6: Accept an Offer

Once I deem the offer is acceptable, I 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.

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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, I 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.

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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. I 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 real estate agent 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.

What my clients say

A & H

A & H

Lori is the best realtor ever! We were blessed to have Lori as our agent as we were house hunting from the east coast! Trust me, that is not an easy task but Lori was with us the entire journey! She was there when we couldn’t b...
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Dawn

Dawn

Lori helped me find a town home after many months of searching. Most agents would have given up, but Lori really listened to what I wanted and respected my budget and always did it with a smile. The process can be stressful and...
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Ashlyn

Ashlyn

Lori was amazing to work with! I would recommend her to anyone looking to purchase a home. She is very knowledgeable and proactive. I never had to worry about missing paperwork, negotiations, or processes. Thanks Lori!
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Tiffaney

Tiffaney

Lori and her entire team were a joy to work worth it. Lori was so patient with us during the 7+ months it took us to decide on something. We were purchasing from out of state and she made the process so easy and effortless. Her...
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Luis

Luis

I had the pleasure of working with Lori Seale as my realtor and I couldn't be happier with the service she provided. From the very beginning, Lori was professional, friendly, and knowledgeable about the local real estate market...
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Daniel

Daniel

We could not have asked for a better realtor to go to bat for us! It was a long process for us to get into a home but Lori was there every step of the way for us as first time home buyers. She was generous with her time and ava...
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Amy

Amy

Lori is amazing at her job! She did a fabulous job recommending us locations and finding us a house within our parameters. We moved from out of state and so valued her input and recommendations. Great communication and follow t...
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Sarosh

Sarosh

Lori is the epitome of what a realtor should be. My husband and I just got married in July of 2021, and we realized very quickly that we were ready to find a home for ourselves, our baby kitten, and our future family. Being fir...
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Ruth

Ruth

Wonderful. We visited over a dozen homes in one day, Lori was upbeat and encouraging throughout. She showed us all the homes on our list and some not on our list. We purchased a home that was not originally on our list. She lis...
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Brandon

Brandon

Lori is great. I couldn't recommend anyone else. She helped us not only buy our home, but also sell it years down the road. Great overall and highly recommended.
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Guided by her motto, "Your Dream, Your Home, Your REALTOR®," Lori Seale isn't just in the business of real estate - she's in the business of making dreams come true.

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