Home Selling Checklist

Preparation

• Determine Your Home’s Market Value
  • Research recent sales in your area.
  • Get a comparative market analysis (CMA) from a real estate agent.
  • Consider getting a professional appraisal.
• Choose a Real Estate Agent
  • Research and interview multiple agents.
  • Check reviews and references.
  • Choose an agent with experience in your local market.
• Make Necessary Repairs and Improvements
  • Fix any obvious issues (leaky faucets, broken windows, etc.).
  • Consider updating outdated features (kitchen, bathrooms).
  • Enhance curb appeal (landscaping, exterior paint).
• Declutter and Stage Your Home
  • Remove personal items and excess furniture.
  • Stage your home to highlight its best features.
  • Hire a professional stager if necessary.

Listing Your Home

• Set a Competitive Price
  • Review the CMA and recent sales.
  • Set a price that attracts buyers but leaves room for negotiation.
  • Consider market conditions and your timeline.
• Market Your Home
  • Take high-quality photos and videos.
  • Create a compelling listing description.
  • List your home on multiple platforms (MLS, real estate websites).
  • Promote your home through social media and open houses.
• Prepare for Showings
  • Keep your home clean and tidy.
  • Accommodate showing requests, even on short notice.
  • Provide informative brochures or flyers.

Receiving Offers

• Review and Compare Offers
  • Consider the offer price and terms.
  • Evaluate buyer’s financing and contingencies.
  • Discuss offers with your real estate agent.
• Negotiate Terms
  • Respond to offers with counteroffers if needed.
  • Negotiate to achieve favorable terms and price.
  • Be prepared for multiple rounds of negotiation.
• Accept the Best Offer
  • Formally accept the offer in writing.
  • Sign the purchase agreement.
  • Notify other potential buyers of your decision.

Closing the Sale

• Prepare for the Home Inspection
  • Ensure all areas of your home are accessible.
  • Address any last-minute repairs or maintenance.
  • Review the inspection report with your agent.
• Appraisal and Title Search
  • The buyer’s lender will order an appraisal.
  • Ensure the property title is clear of any issues.
  • Work with a title company to handle the title transfer.
• Coordinate Closing Details
  • Review the closing disclosure for accuracy.
  • Schedule the closing date and time.
  • Prepare necessary documents and identification.
• Close the Sale
  • Attend the closing meeting with your agent.
  • Sign all required documents.
  • Hand over the keys and any relevant information to the buyer.
  • Receive the proceeds from the sale.

Post-Sale

• Cancel Utilities and Services
  • Contact utility companies to cancel or transfer services.
  • Cancel home insurance and other services related to the property.
• Keep Records of the Sale
  • File away copies of all closing documents.
  • Keep records of the sale for tax purposes.
• Plan Your Move
  • Schedule and coordinate your move.
  • Update your address with important institutions (banks, postal service, etc.).