Seller's Guide

Everything you need to know about putting your home on the market, accepting an offer, and closing on your home.

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 team of real estate agents 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.​​​​​​​

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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 team of real estate agents once you choose one so they 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 team of real estate agents is the best way to determine the right selling price for your home. A team of real estate agents 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

We 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. Our 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. We 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 we deem the offer is acceptable, we 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 team of real estate agents.

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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. We 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, we 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. We 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 team of REALTORS® 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.

Our Testimonials

See why our clients love working with us.
Alex B.

Alex B.

Gary is fantastic to work with. Very professional, always works in a timely manner, knows his stuff, and is overall a great human being. Would recommend it to anyone.
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Dan

Dan

I’ve done business with Andre of Mint Reap Estate and mint is the best way to describe my experience. He got us our condo at a fantastic price, thanks Mint Real Estate!
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Corey B.

Corey B.

Best team to take care of all your needs in Real Estate. Gary always takes good care of me when rental hunting, keeping me posted even afterward with any news or law changes. True and honest!
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Fang L.

Fang L.

Andre and his team are the best! I've previously worked with a few real estate agents and Andre is honestly the best! He is hardworking, great attention to detail, and really takes care of each listing from A to Z.
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Jordan W.

Jordan W.

Gary has been everything we’ve needed during our house-hunting process. He’s punctual and thorough and his light, easy-going demeanor made it all a fun experience. Gary made our wants and needs a priority and we’re forever grat...
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Andrea B.

Andrea B.

My boyfriend and I recently purchased our first home with the assistance of Gary. We weren't sure what to expect as first-time home buyers and Gary made our experience such a positive one! He was patient with us and attentive t...
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Jesse B.

Jesse B.

Gary is the Sherlock Holmes of real estate. He is very knowledgeable to the point where he is able to point out and explain the minutiae of each viewing, helping greatly in the decision-making process and educating you along th...
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Moira N.

Moira N.

If you’re buying or selling I highly recommend having Andre in your corner. On both ends of my condo buying and selling experience, Andre was an active partner, so much more than a buyer or seller. I was a first-time buyer and,...
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Stephanie P.

Stephanie P.

Buying and finding a house during these times was not an easy task. Gary was very professional as well as personal. He explained everything in a way that was easy to understand. He is an excellent negotiator with a very persona...
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Fadime B.

Fadime B.

Gary Fraga is incredibly professional, friendly, and knowledgeable! We are so fortunate that he was the one helping us find a condo to buy! We felt no pressure from him to rush things and he made it absolutely clear that he'd g...
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