Seller's Guide

A Step-by-Step First Time Seller's Guide

Putting your home on the market can be a stressful process, especially when you don’t know what to expect. Fortunately, with the help of an experienced agent and this easy to follow guide, you can smoothly complete the process. Following these steps will help you prepare so you can get organized and sell your home for the best price possible.​​​​​​​

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Step 1: Understand Why You're Selling

What do you want to accomplish with the sale of your home? Do you want to make a certain amount of money that you can put toward a larger or nicer home? Do you need to sell it as soon as possible to facilitate a move to a new city or area? Once you understand your needs, you can better craft your offer. For example, if you need to sell quickly, you might want to price your home lower than if your goal is to make a certain profit margin. Make sure you convey these needs to your real estate agent once you choose one so he or she can adjust your selling price accordingly.

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Step 2: Determine Selling Price

Knowing how to price your home is one of the most important parts of the selling process. When you set a fair price in the beginning, you’ll get the most interest from other real estate agents and prospective buyers. Overpricing your home could lead to reduced interest, and underpricing leads to receiving less than what your home is worth. Working with a real estate agent is the best way to determine the right selling price for your home. An agent with experience can determine what other comparable homes are selling for, evaluate the current market, and may even suggest a home appraisal.

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Step 3: Start Preparations

If you’ve kept your home in showroom condition since you’ve lived in it, you’re in the minority of homeowners. Once you price your home, it’s time to start getting it ready to be shown to potential buyers. This includes getting rid of clutter, depersonalizing the space so that buyers can envision themselves in the space, making any small repairs, and doing a deep clean to make sure your home is in pristine condition.

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Step 4: Develop a Marketing Strategy

I will develop a marketing strategy that is perfect for advertising your home. This involves listing the home and then driving the right people to that listing through social media campaigns, agent-to-agent referrals, traditional media, or SEO advertising. My team creates a marketing campaign that aims to get the most possible traffic to your listing in the first three weeks after becoming a client.

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Step 5: Evaluate Offers

Receiving an offer is an exciting part of the process, but it doesn’t mean the journey is over. I will evaluate each offer and make sure the party making the offer is prequalified or pre-approved by a mortgage lender and that their offer is acceptable to you. If the offer is too low, you can make a counter-offer or offer other ways to bridge the gap, such as covering some or all of the closing costs, making repairs, adjusting the move-in date, or leaving some appliances or fixtures for the new buyer.

Homes for Sale in Wailea, HI

Step 6: Accept an Offer

Once I deem the offer is acceptable, I will review the proposed contract to make sure it’s all in order and includes the necessary components such as deposit amount, down payment, financing, inspection rights and repair allowances, contingencies, settlement date, and a list of fees and who will pay them. When both parties have agreed to the term, a final contract will be prepared by your agent.

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Step 7: Get Ready to Close

You have accepted an offer and are now very close to the end of your selling journey. But first, you and the buyer must make a list of what needs to be done before closing. In some cases, your home may need to be formally inspected, surveyed, and appraised. In other cases, major or minor repairs will need to be made before the house can close. I will head up efforts to develop and execute this list, get each action item paid for by the correct party, and make sure everything is in order by the closing date. A few days before the closing date, I will call the company closing the transaction to make sure everything is ready to go. If you haven’t done so already, you also need to make arrangements to move out of the home so the new buyer can take possession.

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Step 8: Close

You’ve reached the last step in the seller’s process. When you close on a home you are selling, you are legally transferring ownership of the property to the new buyer. I will meet with the company closing the transaction to sign the final paperwork and go over any issues that have not yet been taken care of. During this time, you can also make plans with your real estate agent to handle final details such as canceling utilities, cable, and lawn or trash services, changing the name on accounts that the new owner is retaining and ensuring the new owner has instructions for all appliances that will remain in the home.

Congratulations!

Once you have sold your home, you’re free to take the next step on your journey. Whether this is relocating to a new city, moving into a larger home, or downsizing and enjoying your life as empty-nesters, knowing all your selling responsibilities have been taken care of will help you achieve peace of mind for your new path.

Testimonials

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Julie Pogachefsky

"From start to finish, Barb was a gift! She worked hard to understand what I wanted and was able to really tailor what I viewed to my specifications and didn’t waste our time. She was willing to pre-view homes. She made herself...
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Alan B.

Alan B.

Barb is terrific to work with! She just sold our primary residence in Boulder and previously sold a rental property we had in Wheat Ridge. Barb is a true professional, with a great team, that will make your real estate experien...
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Elise R.

Elise R.

We have been on the buying and selling side twice with Barb, and her knowledge and negotiation skills are unparalleled. She is an excellent partner on each side (buying, selling) of the real estate process. On the buying side, ...
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Todd R.

Todd R.

Barb is a true real estate professional! She was able to help me sell my old property for the full listing price and help me find my new property within about 6 weeks. She had the property we were selling listed at the right pr...
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Joanna

Joanna

Barb is over the top awesome! She went above and beyond more times than I can count to ensure that we had the best opportunities. Her team was outstanding, and we are thrilled with the results of our sale. Thank you so much, Barb!
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Elizabeth W.

Elizabeth W.

I highly recommend working with Barb for your next home transaction! My husband and I could not be more pleased and grateful for Barb's support in purchasing our first home. She made what is known as a stressful process both ea...
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Debra B.

Debra B.

Barb Passalacqua has to be the best, most patient agent. It took us over two years to find a house and I can’t say enough how incredible she is. She is an expert in the Boulder area. Barb has helped us with every aspect of home...
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Buyer & Seller

Buyer & Seller

Barb did an outstanding job of working with me. She was professional, knowledgeable, and was my advocate. She had so much energy and was a ray of sunshine throughout this whole process. Because of her skills, I was able to find...
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Buyer & Seller

Buyer & Seller

Barbara is a consummate professional! Her knowledge of the Boulder area is vast. Barbara and her team are efficient and responsive, I am so grateful for their support in managing deliverables and timelines during the sale of my...
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SKEP

SKEP

Barb and her team were very professional, detailed, and a pleasure to work with. The process was painless. Barb and the team were extremely helpful and just made them entire sale quick and negotiated so that I received the pric...
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Terri S.

Terri S.

As my home was a new build, delays were eminent but Barb stepped up and went above and beyond to gather and confirm information on what was actually happening with those delays, and timelines, and offered to help in any way she...
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Whether assisting clients through life transitions or matching homes to their evolving needs, Barb’s legacy as a trusted advisor and community leader continues to thrive in Boulder County. Contact her today!

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