Sellers

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.

Testimonials

Gretchen S.

Gretchen S.

Rachel Lieberman went above and beyond helping my son and I find a home. Her communication skills are superior. On top of that, she is caring and giving with her time and expertise. I can not recommend her more! If you want to ...
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Sarah G.

Sarah G.

Rachel is super responsive, extremely helpful, and has great connections with people you need in the home-buying process (lawyers, loan officers, home inspectors). She helped me find a home I love, and I'm so grateful for it!
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Kristine E.

Kristine E.

I worked with Rachel to buy a condo in a tough sellers' market. She is a great partner in your real estate journey. She is patient and professional and goes out of her way to be thorough. When we weren't able to meet at an open...
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Viet V.

Viet V.

Rachel was exceptional from start to finish. When we began working with each other, she was attentive, respectful and diligent. Rachel made the time to meet us at OH's and gave us the valuable information we needed to make our ...
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Andrea N.

Andrea N.

Rachel was truly incredible! We connected during a really difficult time in my life. She was so patient and kind. Most importantly, she listened to what I wanted and what I needed for myself and my two boys. She urged me to che...
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Bryan K.

Bryan K.

Working as a team with Rachel was fantastic - the communication was perfect, the effort was complete and the expertise Rachel has in Real Estate helped our clients secure an accepted offer in an extremely competitive environmen...
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Antonia G.

Antonia G.

Rachel is a highly knowledgeable, professional and personable realtor. As first-time home buyers, she patiently walked us through every step of the home buying process. She always made herself available to answer questions and ...
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Adam R.

Adam R.

Five stars doesn't do it justice for Rachel. She was incredible start to finish. We couldn't have asked for a better and more seamless process in finding our new home, all thanks to her. Early into our first-ever meeting, we im...
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Moira F.

Moira F.

Giving Rachel 5 stars feels like an understatement. We cannot recommend her enough. From the very start of the process, Rachel made us feel like her top priority and WA: always available to answer any questions we had. She is i...
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Nixon M.

Nixon M.

Rachel made our home buying process seamless. She is very knowledgeable and is very responsive during the different phases of the home buying process. She is a pleasure to work with and we recommend her to other home buyers.
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Anthony B.

Anthony B.

Rachel made the experience of buying our home so seamless. She gave us accurate and helpful market insight, remained promptly available for all questions we had throughout the process, connected us to other industry professiona...
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Madeleine B.

Madeleine B.

Rachel has been a true pleasure to work with in selling my Back Bay condominium, as well as buying a house in MetroWest. She is knowledgeable about the market and sensitive to her clients’ needs. Her gracious, professional deme...
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Tyler W.

Tyler W.

Rachel was easily the most professional real estate agent I have worked with in my years of buying and selling houses. She was extremely patient and made this stressful process a breeze to go through. Unlike the vast majority o...
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Joao S.

Joao S.

I just closed on my unit and I loved working with Rachel. She was amazing from the start, helping me identify the best units available that suited my needs and the location that I was looking for. Since it was the first time I ...
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Betty L.

Betty L.

I have had the pleasure of working with Rachel this past year in assisting her customers in financing. Rachel is a true professional. She is available and goes the extra mile. She truly cares about the people she works with. Ra...
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Daniel E.

Daniel E.

Rachel got things done quickly and was very friendly throughout. She helped us with through a couple of issues that seemed impossible at first and was always patient and calm.
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Keri B.

Keri B.

I am a first-time home buyer, and Rachel came highly recommended to me by a friend. She is incredibly knowledgeable, kind, savvy, and really just makes the process as pleasant as possible. It was easy to trust Rachel, and she m...
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Amanda M.

Amanda M.

Rachel helped us sell our home and buy a new one- a process that could be really complicated in the current market. Instead, she made the whole process so smooth and enjoyable! She has great knowledge of the local market and is...
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Tait W.

Tait W.

Rachel is incredibly knowledgeable, thoughtful and responsive. She provided us with just the right amount of support and made a stressful process as manageable and painless as possible. We could not be happier with our new home...
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Umesh S.

Umesh S.

Rachel was recommended to us by a friend. From our very first conversation, Rachel took time to understand who we were, to understand our family's needs and our budget. She had a lot of patience with us, as we wanted to see man...
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