Home Sale Guide: From Listing to Closing

Determine the Home Value and Set a Realistic Price

Before you put your house up for sale, you need to determine its value. You can hire a third-party appraiser to determine its value. Alternatively, do the calculations to determine how much you have invested in the home to get an estimate of its value. You can also check the prices of recently sold similar homes in the area to estimate its worth.

Once you get the value of your property, you will have an easy time to set a realistic price. Don't be tempted to overprice the home to make more profit. If you do that you will minimize the chances of selling the house quickly to an individual or we buy houses Philadelphia company. When you set the right price, rest assured you will have a quick home sale Philadelphia.

Set the Timeline

Once you set the right price, the next step is to set a timeline to close the deal. If you want a speedy transaction Philadelphia, due to job relocation, financial challenges, or any other reason, consider selling the property to a cash buyer. With a reliable cash buyer, you can close the deal in as little as 7 days. However, if you have all the time, you can sell the house the traditional way and the entire process can take several weeks or months.

Prepare Your Home for Sale

Once you have the timeline, it is time to prepare your home for sale, especially if you are selling it the traditional way. You should make the property more appealing by deep cleaning it. You should also declutter the home and make it more organized to impress potential buyers. In addition, fix minor and major damages, depending on your budget and timeline. Don't forget to work on the exterior of your home and the yard.

However, if you want to sell my house fast Philadelphia to a cash buyer, you don't have to prepare your home for sale. The cash home buyer will buy your home as is, helping you save time and money you could have invested to prepare the home.

Find a Reliable Listing Agent and List Your Home

If you want to take the traditional route when selling your home, you need to find a reliable listing agent. Research and pick a trusted listing company that will protect your interests and ensure you sell the property as quickly as possible.

Once you have the right listing company, you need to take quality photos of your home for listing and marketing purposes. Ensure the photos and virtual video tours capture the main features of your home. Most importantly, write quality descriptions that will make many potential buyers want to buy and live in your Philadelphia home. Besides listing, use other channels to market your home to increase the chances of selling it quickly.

Note that if you are selling your house for cash, listing and marketing won't be necessary. Why? You will only find a buyer and work directly with them to close the deal.

If Selling for Cash, Look for a Reliable Cash Buyer

If you are selling your home for cash, you need to look for a trusted and reliable we buy houses Philadelphia company. What should you look for in a cash home buyer? First, you need to check their experience and reputation.

You should read their customer reviews. If a cash buyer has many positive reviews from past home sellers, choose them. Avoid those with too many negative reviews and complaints from their customers.

Once you have chosen the right cash home buyer, contact them and give them the details of your property. Details like the size of the house, its current condition, location, and the asking price will be necessary.

Receive and Review Offers

When you list your home, you will receive plenty of offers from interested buyers. If you want to sell it for cash, you will receive cash offers from the buyers you have contacted. Review the offers and pick a buyer offering the best deal.

If Necessary, Negotiate for a Better Price

Whether you are selling the house the traditional way or to a cash buyer, you should use your negotiation skills to get the best price for it. So, if a buyer is offering a lower amount than expected, use your negotiation skills to convince them to increase their offer. Once a perfect sale price is agreed upon, you can proceed to the next step.

Appraisal and Inspection Are Done

If selling the house the traditional way, the buyer will likely order a home inspection to determine its actual condition. Their lender may also conduct an appraisal to know if the home is correctly priced.

However, when you sell the house for cash to a we buy houses Philadelphia company, appraisal and inspection won't be necessary.

Prepare Paperwork

Once the sale price is agreed upon and the buyer has viewed the property, the next step is paperwork preparation. Buying and selling property involves lots of paperwork. So, you need to gather and prepare all the necessary paperwork for a seamless, speedy transaction Philadelphia. If selling for cash, the cash buyer will help prepare the paperwork, and you won't have to hire a lawyer for that assignment.

Closing

On the closing date, both parties are required to review the paperwork. If the agreement and related documents are correct, you and the buyer should sign where necessary. Signing signifies that you have transferred the ownership rights to the buyer. Once everything is finalized, the buyer should pay you in cash or as per the sale agreement.

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