STEP 1: DECIDING TO SELL
So you have decided to sell your property. Before anything else, it is a good idea to sit down and clarify your motivations and draw up a basic time frame for the selling process.
STEP 2: SELECT AN AGENT & PRICE
Without a professional agent, most independent property sellers tend to overestimate the value of their property. You can avoid this pitfall by consulting with an experienced real estate listing agent.
STEP 3: PREPARE TO SELL
You can do a lot to increase the appeal of your property and to create a lasting impact on potential buyers.
STEP 4: ACCEPTING AN OFFER
Price is not always the determining factor when accepting an offer for several important reasons: the initial offer is usually not final, and there are a number of terms and conditions that may influence the final outcome of a price.
STEP 5: ESCROW, INSPECTIONS, & APPRAISALS
Once you're ready to buy, your agent will guide you through all the legal steps of the real estate transaction.
STEP 6: CLOSE OF ESCROW
The closing agent will furnish all parties involved with a settlement statement, which summarizes and details the financial transactions enacted in the process.