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.​​​​​​​

main

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.

main

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.

main

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.

main

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.

main

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.

main

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.

main

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.

main

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

What my clients are saying.
Buyer

Buyer

Nick has been our real estate professional for a few years now, originally finding and getting us into a dream apartment in Long Beach near the end of COVID and then more recently finding and getting us into our dream home here...
Read More
Mikhail G.

Mikhail G.

Nick is second to none when it comes to professionalism, courtesy, expertise, and care for their client. Since the first meeting, we have found that not only will Nick go above and beyond what an agent needs to do, but you will...
Read More
Buyer & Seller

Buyer & Seller

Working with Nick Santillo was an absolute pleasure. Nick is extremely professional and knowledgeable and makes the entire buying and selling process effortless. Nick seemed to always be available, whether it was to respond to ...
Read More
Buyer

Buyer

Nick Santillo is by far the best real estate agent - Of course, he is professional and does the right thing for his clients, But Nick goes above and beyond that. Nick makes you feel like you’re his only client even though you k...
Read More
Tiffany M.

Tiffany M.

Nick did an incredible job in the purchase of my coop. As a first-time buyer, I was nervous and at times uncertain. Nick was patient and helped me every step of the way. He actually found the place I purchased showing his eager...
Read More
Seller

Seller

It was an absolute pleasure working with Nick on the sale of our home. He was highly recommended by a mutual friend and certainly lived up to the praises. From start to finish, he was professional, well-organized, knowledgeable...
Read More
Erika F.

Erika F.

Nick helped me purchase my first home, and I am so lucky to have had the opportunity to work with him! He honestly made the process so easy for me, from educating me, always being available, connecting me with the right people,...
Read More
Seller

Seller

We had the pleasure of working with Nick Santillo as our realtor, and we couldn't be more satisfied with the experience. Nick went above and beyond to sell our home, making the entire process seamless and stress-free. Nick arra...
Read More
Seller

Seller

Nicholas worked diligently on selling our house. He is honest. He is helpful and very kind. He responds immediately to your email, call, or text. He is fair and he listens to you. He has a great personality for real estate and ...
Read More
Buyer

Buyer

Nicholas was extremely professional and helpful with my buying process. Nicholas kept my best interest in mind and answered all my questions with compassion and in a timely manner. I highly recommend Nicholas as he goes above a...
Read More

Work With Nicholas

Nicholas’s priority is the satisfaction of his clients. Being a trusted agent and advisor is what means most. Contact him today to discuss how he can help you market and sell your property successfully or find your perfect home.

Follow Me on Instagram