What Does the Sale Process Look Like?

Selling a home can be an exciting but also overwhelming experience. It’s important for homeowners to understand the home sale process, from start to finish, in order to feel confident and prepared throughout the journey.


Here is a general outline of the home sale process:


  1. Choose a Listing Agent: The first step in selling a home is choosing a listing agent. This is a critical decision as the agent will be responsible for marketing the property, setting the right price, and negotiating with potential buyers. Homeowners should look for an experienced agent who has a good track record of selling homes in the local area.


  1. Prepare the Home: Once an agent is chosen, the next step is to prepare the home for sale. This includes decluttering and deep cleaning the home, making any necessary repairs, and staging the home to show it in its best light.


  1. Set the Price: The agent will conduct a comparative market analysis (CMA) to determine the appropriate price for the home based on market trends and similar homes in the area. The agent and the homeowner will work together to set a price that is competitive and attractive to potential buyers.


  1. List the Home: Once the price is set, the agent will list the home on the Multiple Listing Service (MLS) and other marketing channels, including online and print advertisements.


  1. Show the Home: Potential buyers will request to see the home and the agent will arrange showings. Homeowners will need to be prepared to vacate the home during these showings to give the buyers privacy and space to view the home.


  1. Receive an Offer: If a buyer is interested in the home, they will submit an offer. The agent will present the offer to the homeowner and negotiate the terms on their behalf.


  1. Accept the Offer: Once an acceptable offer is received, the homeowner will accept the offer and sign a purchase agreement.


  1. Complete Inspections: After the purchase agreement is signed, the buyer will typically schedule a home inspection to ensure the home is in good condition. If there are any issues found during the inspection, the buyer may ask for repairs or request a credit from the homeowner.


  1. Close the Sale: Once all contingencies are met, the sale can close. This involves signing legal documents and transferring ownership of the home from the homeowner to the buyer.


  1. Move Out: After the sale is closed, the homeowner will need to vacate the home and turn over the keys to the new owner.


Selling a home can be a complex and emotional process, but with the help of an experienced agent and a clear understanding of the process, homeowners can successfully navigate the sale and move on to the next chapter of their lives.