Home Selling Guide - 6 Steps
There are a lot of things to remember and account for when selling a home. This can make selling a home a very stressful process, but it does not have to be. You'll find that with the help of zoomUTAH.com agents, it can be a pleasant experience. Here are the main steps for selling your home with a Utah Real Estate professional.
Step 1 - Choosing a Real Estate Professional
The most important step in selling your home is to choose the right agent for the job. It is important to find someone that knows the market, has experience, relates to you and your family, and loves their job. If they are doing what they love, you can be assured they will do the best job possible.
zoomUTAH.com agents always ask the sellers three simple questions.
- Where are you now?
- Where do you want to be?
The answers we receive will allow us to sell your home in the way you want and expect. We will know the point you are at in your life, what you are heading towards (goals), and why you want to reach those goals. Knowing this information makes it very easy to sell your home.
Step 2 - Preparing Your Home
This step will be a joint effort between the two of us. It is our responsibility to make recommendations for preparing your home to be shown to potential buyers, and your responsibility to make it happen. We have created an in-depth home selling guide
that will assist you in preparing your home to make a great first impression to potential buyers.
Step 3 - Marketing the Home
There are two ways that we are responsible for marketing your home. One is to other Real Estate agents, and the second is to the public. There are creative and specific ways for both. Here are some of the services
Step 4 - Handling Incoming Offers
The goal here is to get offers. We are used to multiple offers because of our unique marketing plans. The more offers that the seller receives, the more likely they can get what they want. Our agents are heavily trained in negotiating prices and terms. Once an offer is accepted, both parties are contractually bound to complete the sale.*
Step 5 - Inspections
After your home is under contract and before closing, several things will happen. One major point is that the buyer will likely have an inspection done on your home. During the inspection, the inspector will look at the roof, foundation, heating, appliances, electrical, plumbing, attic/crawl spaces, etc. If any of these are either in need of replacement/repair or are not up to code, they will be red flagged. Based on the inspection, it is up to the buyers to decide whether or not they will make a request to you as the seller to make any repairs. Some requests make a lot of sense, others may not. Our agents will always be there to help negotiate any requests made by the buyers.
Step 6 - Settlement & Closing
The closing process is simple, but mistaken as being a complex one. Your agent will schedule a time for the closing to take place. The seller will need to go to the title company and sign several forms. Signing the documents can take anywhere from 10 minutes to 45 minutes depending mainly on how many questions are asked by the seller. This process is known as the settlement. After all the documents have been signed, the title company will collect all the monies owed to and from all parties and disperse it accordingly. It is then recorded in the county records. After it has been recorded, the closing process has been completed, and the property has officially been sold to the buyers.
If any terms are used that you are unfamiliar with, please consult our dictionary.
* The Real Estate Purchase Contract is written to protect buyers. There are contingencies that will allow a buyer to be released from the contract; pending certain scenarios.