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 REALTOR 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. We 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 we deem the offer is acceptable, we 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, we 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. We 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 REALTOR 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.

Our Testimonials

Shawn

Shawn

Scott is a true professional. He knows the market, how to work with buyers and sellers, and has the experience to handle difficult situations. Meet with Scott if looking to buy or sell and you will see the difference.
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Graham K.

Graham K.

We could not have been happier with Scott and his team when selling our house. They were professional and efficient and always had our best interests at heart. We are extremely happy with the result of their efforts as we sold ...
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Scott

Scott

Scott helped us through a long and difficult home-buying process. Our needs and budget meant a very narrow set of homes would be appropriate. He never gave up on us and got us into a home we love at a great price. Anything he d...
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Matt

Matt

My wife and I purchased our first home using Scott! We could not be happier with the outcome! Scott is extremely knowledgeable, and professional, and I would recommend him to anyone looking to buy or sell a home. He will be the...
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Jessica S.

Jessica S.

As an Allstate Agent in the Triangle, I have had the pleasure of working with Scott and his clients on several occasions. His commitment to his clients, enthusiasm, and professionalism help make the process stress-free and smoo...
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Sue R.

Sue R.

Scott Korbin has done a tremendous job with our home sale in Cary. He's been available throughout the process and exceptionally responsive. We had multiple offers on our home the first day it hit the market. Our home is not far...
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Ronen D.

Ronen D.

Scott and his team provided my family and me with exceptional service! Words cannot start to describe how helpful Scott was, in assisting us in finding a new home when we were relocating from New York to Cary. Moving a family o...
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Dennis & Jill K.

Dennis & Jill K.

We would like to thank Scott Korbin for his tireless dedication in helping us sell our house and find the right house to purchase. He was there for us every step of the way and used his expertise to help us through every situat...
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Mark & Sloan S.

Mark & Sloan S.

Scott Korbin is the best REALTOR I have ever worked with. He spent so much time with my husband and me explaining everything to us the very first time we met him. We were moving to NC from FL and as we decided on a house, he wa...
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Brian M.

Brian M.

Scott Korbin and his team are seriously the best! As a sales manager in the service industry, I am connected with well over 3,000 real estate agents through various mediums, so you can imagine my dilemma in trying to make a sel...
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