Expectations when selling a residential property
Selling any type of property is easier than selling one’s own home. There can be various reasons behind this. The seller might be downsizing or moving to a new area. Whatever the reason is, it is not easy selling a house in which a significant period of your life is spent. But once it becomes a requirement, it should be done at its best. All this process is stressful, and it becomes even more stressful if the seller is not sure what to expect from the upcoming deals. One should be very clear about what’s going to happen before entering a deal.
Making a decision to sell
If the owner is not sure how to start the process of selling the house and how to navigate the available options. A trustworthy salesperson should be reached out. The sales person can help in putting the house on sale in the market. Their guidelines can help a lot in the process. The advices and knowledge of the salesperson can help in getting a good deal. Once an agent is selected, the owner can get into legal agreement with him and set the marketing fee and other related costs.
Into the market
Before the house is ready to present into the market, it should be thoroughly cleaned from the inside and the outside. If the house needs minor repairs, they should also be conducted. In this way the property is ready to hit the market hard. If the house is ready the agent can easily take pictures and arrange for making a formal ad that specifies everything about the house, it qualities and properties. If the property has any special features, don’t forget to mention them to the dealer, they can be a very beneficial.
When the house is ready to be gone, the agent arranges inspections by potential buyers and negotiate offers on the behalf of the owner. If he is able to come up with a mutual solution that suits both the buyer and the seller, a contract can be finalized. After signing the contract, the buyer will get the pest inspection done. If the buyer has any financial institution, they will also conduct an inspection.
If and unconditional contract is signed, the seller has to move out now. Getting things out of the house requires time. Keeping the size and the belongings present in the house a timely decision should be made to hire people to get the job done. It is more appropriate to leave the house clean and ready to use for others. A cleaner and a gardener should be hired if necessary.
Sometime before settlement
Before the settlement day, the buyers arrange pre-settlement inspection with the agent. The house should be given a final look with respect to cleaning etc. The oven and the cupboard should be given special attention. The property should be left at its best. All the manuals for the security system, pool appliances and all other equipment should be reachable to the new owner. Now that there is a new owner, the seller should make sure that address for insurance, telephone, internet and delivery services etc should be changed accordingly.
The settlement day
The settlement day is the final step of the selling process. The seller should ensure that the house is vacated before the settlement day. The agent tells the time of the settlement. One last thing to do before saying goodbye to the house is to handover the keys, security codes and remotes to the real estate agency prior to the settlement. Now you are ready to move into a new one!!