Embarking on the sale of your home can be a significant undertaking. To help you navigate this journey, here’s a comprehensive 15-step checklist that will guide you through the process and prepare you for a successful transaction.
1. Listing Agreement
The first step involves signing a listing agreement with your real estate agent. This contract grants your agent the exclusive right to sell your home and outlines the terms of your partnership, including the duration of the listing and the compensation structure.
2. Gather Important Documents
Organize all pertinent documents related to your property, such as the deed, tax records, property survey, and any warranties. Having these documents on hand will facilitate a smoother transaction.
3. Get a Pre-Sale Home Inspection
An early home inspection can uncover any issues that might need repair, allowing you to address them proactively. This step is crucial for pricing your home correctly and avoiding surprises later on.
4. Determine a Competitive Price
Together with your agent, you’ll perform a market analysis to set a competitive listing price for your home. This will take into account factors like recent comparable sales, your home’s unique features, and your financial considerations.
5. Home Warranty
If your home is covered by a warranty, check if it’s transferable to the new owner. A transferable warranty can be an attractive selling point.
6. Lockbox
A lockbox will be installed to allow secure access to your home for showings and other necessary appointments once your house is on the market.
7. Seller Disclosure
You’ll be required to fill out a seller disclosure, detailing the condition of your property and disclosing any known issues to potential buyers.
8. HOA Disclosures
If your home is part of a homeowners association, you’ll need to provide the buyer with all relevant HOA documentation, including rules, fees, and any ongoing litigation.
9. Lead-Based Paint Disclosure
For homes built before 1978, a lead-based paint disclosure is necessary to inform potential buyers about the presence of any known lead-based paint or hazards.
10. Prepare Home Photography
Professional photography will be arranged to showcase your home in the best light, highlighting its features to attract buyers.
11. Create the Listing
Your agent will help you create a compelling listing that accentuates the positive aspects of your home, supported by the professional photographs.
12. Go Live on Zillow
Once your listing is active in the MLS, it will also be featured on Zillow, increasing its visibility to potential buyers.
13. Prepare for Open House
To ensure your home makes the best impression:
- Organize and Secure Valuables: Keep valuable items and personal documents out of sight.
- Declutter: Clear away unnecessary items to make spaces appear larger.
- Deep-Clean: A thorough cleaning will make your home more inviting.
- Depersonalize: Remove personal touches so buyers can envision themselves in the space.
- Pet Arrangements: Plan for pets to be away during showings to minimize distractions.
14. Review and Negotiate Offers
Evaluate all offers with your agent and negotiate the terms to achieve the best outcome for your sale.
15. Prepare for Closing
Once you’ve accepted an offer, you’ll work with the buyer and their agent to ensure all paperwork and inspections are completed in preparation for the closing day.
Selling your home is a collaborative effort. Keep this checklist handy, and don’t hesitate to reach out to me with any questions. Together, we’ll strive for a smooth and successful home sale!