How To Sell Your Home As a Homeowner

1
How To Sell Your Home As a Homeowner
As a long term homeowner, or even a short term
one, selling your pride and joy isnt usually
something you want to think about.  Your home is
probably a symbol of your love, family,
dedication and hard-working commitment to your
future. So when it comes time to make the
difficult decision to sell, you want to be sure
know what youre doing. Get the greatest profit
on your home, for the least amount of stress,
with this handy guide weve created. Itll give
you the inside story on selling your home in four
simple steps.
2
Step 1. Prepare Your Home For Sale

• One distinct advantage you have as a homeowner
  over an investor is that you have instant,
  uninterrupted access to your property. Tasks such
  as maintenance, repairs, and touch-ups can lead
  to significant increased value when it comes to
  contract signing time. Use your time wisely by
  making sure there are no maintenance jobs
  outstanding. Tidy up and fix anything thats
  broken or looks like it might break, scuff marks
  on the walls, stains on the carpets all the
  things, big and small, that a seller may use to
  justify offering a lower price.
• Next ensure your home is appealing to the widest
  audience possible. Your potential buyer needs to
  feel like they could move in straight away with
  their things. Remove any personal effects that
  might prevent a prospective buyer from imagining
  your home as theirs. Think of your home as a
  hotel room neutral and appealing to the
  majority.

3
2. Get a Listing Agent and Advertise to the Market

• As a homeowner you should hire the services of a
  professional realtor to ensure a smooth,
  profitable transaction. A listing agent is
  trained to be emotionally un-biased and will
  treat your home like an investment. Above all
  else, an agent is there to ensure that the
  profitability of your home sale is at the
  forefront of all decision making. When searching
  for a good agent to list your home, look for
  names on signs in your neighborhood, or search
  online for realtors close to you.

4
2. Get a Listing Agent and Advertise to the
Market Contd..

• Once youve found a suitable realtor, youll need
  to sign a listing agreement. This will define the
  legal relationship between you and the agent, and
  also set a time limit to sell your home. A major
  component of this agreement will be discussions
  around sale price. Your agent will discuss a
  realistic sale price to advertise to the market,
  which is a critical step in the sale process.
  Without a price that is attractive buyers, even
  having a beautiful, well-presented home will be a
  waste of time. You need to set a price that will
  stir interest in the marketplace, attract buyers
  to inspections, and will pay you a maximum return
  on your investment.
• For this reason, employing the services of a
  professional agent is crucial. When the offers
  start coming in, the same agent will be able to
  negotiate the best possible price on your behalf.

5
Step 3. Initiating a Contract of Sale

• Once youve got a buyer lined up, you need to sit
  down a lawyer or real estate attorney. Its
  common to use escrow for home sales in the U.S.
  In many states, attorneys act as the escrow agent
  and title inspector. Elsewhere, licensed escrow
  agents who are affiliated with, or who own, a
  title insurance company may conduct escrow
  transactions. To make sure the legal side of your
  sale contract is handled appropriately, find a
  good attorney to act on your behalf and finalise
  the sale. If youre going through a property
  agent it may be worthwhile discussing this with
  them to see if they can recommend a reputable
  attorney. These professionals will work with you,
  the buyer, your financier and your listing agent
  to finalise the deal and reach a settlement date
  that is suitable for all parties.

6
Step 4. Finishing the Transaction

• Once youve got a contract signed, sealed and
  delivered by your attorney, you need to satisfy
  any conditions of the legally binding agreement
  immediately. Its possible that some items will
  require your direct attention and some will
  require you to meet with external parties such as
  your financial institution or listing agent.
  While you wait for settlement to come youre
  generally required to maintain your home in
  presentable state, so there will be the usual
  chores and cleaning to be done. Come closing day,
  your lawyer or attorney will finalize all the
  details and give you a cheque for the net
  proceeds.

7
Take Your Profits, and Invest!

• Selling your home as a homeowner can be a
  daunting and exciting project, and one that needs
  careful consideration. If you take the right path
  and follow the simple steps here, youll have a
  good chance of walking away from your home with a
  nice profit you can use to invest again. After
  all, a future invested into is a future worth
  working towards!

8

• Website http//michaelputnam.com/
• Michael Putnam
• info_at_michaelputnam.com
• 703-928-6514
• References
• http//michaelputnam.com/how-to-sell-your-home/