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Seller's Guide

A Step-by-Step First Time Seller's Guide

Putting your home on the market can be stressful, especially when you’re unsure of what to expect. With an experienced agent and this guide, you can navigate the process smoothly. Following these steps will help you get organized and sell your home for the best price.

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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 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

See why my clients love working with me.
Jayson

Jayson

Lara was so amazing to work with, I'm very lucky that I found her and continued to work with her through the entire home buying process. When we first started exploring options for me, she noted that my pre-approval and down pa...
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Bill & Tracey F.

Bill & Tracey F.

Lara represented us with the purchase of our retirement home. Throughout the process, she was helpful and informative as she guided us across the "Finish Line". We look forward to our next chapter and are grateful for all of La...
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Emily W.

Emily W.

I worked with Lara in 2017 to buy my first home. She made that process seamless and transparent and took the mystery out of the process for me. All these years later, I called her again to help me list and sell that same proper...
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Timai N.

Timai N.

Lara was very responsive with any need or questions I had and help me very much with the process of buying a home, have me different options and explained to me why so I understood what happening and why, kept me informed with ...
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Camilla M.

Camilla M.

I am writing this review to express my gratitude and appreciation for Lara Nelson, who helped me buy a beautiful property in a prime location without even seeing it in person. Lara is not only a professional and knowledgeable r...
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Taylor P.

Taylor P.

Lara was great to work with, from the very first day she was on top of it! She expertly set expectations with us about how things were going in the market, was always available to answer questions, made sure we got to see homes...
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Audrey Rose B.

Audrey Rose B.

Lara is the best ever, and she is very knowledgeable, informative, and very kind. She understood what we were looking for, and the whole process was amazing. My family and I are forever grateful for this beautiful Home. I would...
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Vervak J.

Vervak J.

Lara was a phenomenal guide and resource throughout our home-buying experience. Being new to the area, she shared her knowledge and expertise to enlighten us on lesser-known considerations to help make the best decision for our...
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Buyer

Buyer

Lara did an outstanding job helping us find an amazing home in Bellevue. Since this was a big investment for us, we appreciated her honest opinion and knowledge of the Seattle area. Lara worked diligently to find homes that mat...
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Diane B.

Diane B.

Lara assisted me with selling a home as part of an estate. This was a challenging process since I lived 3000 miles away, but Lara made the process seamless. She was extremely responsive despite the differences in time zones, an...
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Work With Lara

Lara Nelson brings deep local insight and proven results to every transaction. She’s committed to delivering personalized service and helping clients succeed—whether buying, selling, or investing. Ready to make your next move? Let’s talk!

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