The first question you might want to ask yourself is, “Why do I want to sell my home?” Do you need more space? Are you an empty nester looking for a smaller place? Have you accepted a job in a different part of the country? All of these questions affect the potential sale of your home and the negotiating process of that sale.
Assessing your home is key in beginning the home selling process. You may want to ask yourself,
What would I like to see, or not see, if I were touring this home as a potential home buyer?
Problems like chipped paint, dirty walls, windows and doors, unfinished remodeling projects and cluttered garages are all areas for home selling improvement. Treat the sale of your home as you would with any day living in your residence. Neat, tidy, and organized works!
Contacting a Cutler Real Estate Agent will point you in the right direction. Our agents have the knowledge and understanding of the industry, as well as the local market, and can provide reliable information to get sell your home for the most amount of money in the shortest amount of time and the least amount of inconvenience to you.
Determining Property Value
There are a number of factors that go into determining the value of a home.
- It is realistic to compare the homes in your area and the asking price of those homes.
- The law of supply and demand always comes into play. Do you live in an area with increasing job opportunities or an increasing supply of homes?
- Your needs greatly impact the selling price of a home. Do you need a quick sell or do you have time to sit on your sale?
- The selling price is not cut and dry. On many occasions, we will help you negotiate the price, split closing costs or offer different allowances to the buyer, to make the sale of the home complete.
There are many valuation tools online that derive their information from multiple sources. Only a qualified agent can provide a fair market analysis of the homes for sale in your area. A Comparative Market Analysis is free and without obligation. Get a home price estimate to get an idea on what your home is worth today.
How We Market Your Home
Cutler Real Estate as proven leaders in technology, will feature your home across multiple channels including but not limited to:
- Cutlerhomes.com with over 78,000 new users each month
- Zillow.com
- Realtor.com
- Leading Real Estate Companies of the World
- Luxury Portfolio
- We even have a social media strategy for selling your home!
Negotiating Process
Cutler real estate makes a complicated process simple, and will walk you through each of the following steps:
1 The Offer
An acceptable offer depends on many different things:
- Is the proposed offer near the asking price?
- Your timeframe — Do you have another house payment?
- Do you have enough time to wait for the agent to bring you more potential buyers?
2 Negotiating
During the negotiating process of the sale of a home, you can react in one of three different ways:
- Accept the buyer’s proposed offer
- Decline the buyer’s offer
- Make a new counter-offer
3 Closing
After the emotional ups and downs of the entire process of executing a real estate transaction, the closing process is the final step. This is also referred to as the “Settlement” or “Escrow” process. In Ohio, this process is carried out by a real estate escrow and title company mutually agreed upon by the buyer and seller in the negotiation stage of the transaction. During this process, the title company will collect all necessary information from the title examiner, mortgage company, real estate agents, buyers and sellers to prepare the title to be transferred to the new owner.
The entire escrow process usually takes about 30-45 days to complete based on factors such as the buyer’s financing conditions and appraisal, successful property inspections, title exam and property survey. At the end of the escrow process, both buyer and seller will schedule a time to execute the final closing documents. In most jurisdictions, the title to the property is officially transferred to the new owner upon the execution, delivery and recording of the deed at the county recorder’s office.
4 Possession
Keys are given to the buyer on a date mutually agreed upon by the buyer and seller during the negotiation stage. If the keys are to be delivered at closing, closing is defined as “the recording of the deed” on most real estate contracts.