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.

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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 agents 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

Marissa M.

Marissa M.

Joe is the best. My fiancé and I purchased the home of our dreams thanks to Joe. He truly cares and goes above and beyond. I recommend Joe to anyone looking to purchase a home.
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Vita C.

Vita C.

Joe Simone is the best realtor. I have used him for over 25 years. Listed all my houses with him and used him to buy houses. He is always on top of everything needed for closing.
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Seller

Seller

Joe is a true professional in every sense of the word. Not only does his expertise become immediately apparent, but he also makes the client feel comfortable every step of the way.
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Sal C.

Sal C.

Joe was professional, knowledgeable about the local market, and always available for questions and information we needed for the sale. Highly recommend him if you are selling a home in the Wayne area.
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Amy W.

Amy W.

I have worked with Joe for over 20 years and numerous houses. He has been nothing less than professional, energetic, courteous, and to that extent successful. I recommend Joe to all I know, he is simply the best!
Read More
Rebecca F.

Rebecca F.

Joe is an amazing realtor. He closes the deal with his calm and calculated approach. Joe exceeded our expectations regarding the sale of our home and he problem solved along the way. I enthusiastically recommend Joe for the sal...
Read More
Gess H.

Gess H.

In an ultra-competitive market, when we were losing hope of having an offer accepted, Joe went the extra mile to secure us our forever home, even when it looked like it would slip away. Thus coming after he sold our home quickl...
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Laura H.

Laura H.

Joe was amazing throughout our home search. Not only does he know Wayne well, but he also knows the surrounding areas incredibly well. He was very patient with us, as we began to change course since our home search was taking s...
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Jen V.

Jen V.

Joe Simone was an absolute pleasure to work with. As first time homebuyers, we had no idea what to expect but Joe was able to help us through the process from start to finish. Joe was very honest, provided great advice and kept...
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Seller

Seller

Joe was a pleasure to work with. I had Joe sell my mother in laws house 20 years ago. When it came time to sell my home as well as my mom's home, I called Joe first. He gave me outstanding advice on timing and pricing which end...
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Seller

Seller

the ultimate real estate professional who guided us throughout the selling process expertly. He practically did everything for us and made it super easy, basically, we signed the listing then went to closing to sign…he took car...
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AniBerberian

AniBerberian

Working with Joe was a great decision for us when selling and buying a home. His many years of experience proved invaluable in helping us buy a beautiful home during a very difficult housing market. He is friendly, very easy to...
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rebeccafinkler

rebeccafinkler

Joe is an amazing realtor. He closes the deal with his calm and calculated approach. Joe exceeded our expectations regarding the sale of our home and he problem solved along the way. I enthusiastically recommend Joe for the sal...
Read More
trophy55

trophy55

Highly likely to recommend | 5.0 Report a problem 12/21/2023 - rebeccafinkler Sold a home in 2023. Local knowledge Process expertise Responsiveness Negotiation skills Joe is an amazing realtor. He closes the deal with his cal...
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salconstantino1449

salconstantino1449

Joe was professional, knowledgeable about the local market, and always available for questions and information we needed for the sale. Highly recommend him if you are selling a home in the Wayne area.
Read More
GessHomsany

GessHomsany

In an ultra-competitive market, when we were losing hope of having an offer accepted, Joe went the extra mile to secure us our forever home, even when it looked like it would slip away. Thus coming after he sold our home quickl...
Read More
marissamilligan8

marissamilligan8

Joe is THE BEST. My fiancé and I purchased the home of our dreams thanks to Joe. He truly cares and goes above and beyond. I recommend Joe to anyone looking to purchase a home.
Read More
JenVlad21

JenVlad21

Joe Simone was an absolute pleasure to work with. As first time homebuyers, we had no idea what to expect... but Joe was able to help us through the process from start to finish. Joe was very honest, provided great advice and k...
Read More
minasian64

minasian64

Joseph is a true professional in every sense of the word. Not only does his expertise become immediately apparent, but he also makes the client feel comfortable every step of the way.
Read More
Amy Wheatley

Amy Wheatley

I have worked with Joe for over 20 years and numerous houses. He has been nothing less than professional, energetic, courteous, and to that extent successful. I recommend Joe to all I know- he is simply the best!
Read More

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