What To Expect When Selling Your Home

Selling your home can be a very intensive process, so it’s important you take the time to find the perfect agent for your needs. Without this relationship in place the selling process will be much more difficult, and even painful.

After you find the perfect agent to sell your beautiful Tahoe home, your home will be put on the market and then the marketing process begins. This is where it’s crucial to work with an agent as they are able to use their existing contacts, real estate databases, and knowledge of the field to get your home in front of as many eyes as possible.

Once an offer is made on your home you have three options at your disposal: accept the offer, reject the offer, or make a counter offer.

Before You Sell Your Home

Before you even think of selling your home you’ll want to make sure it’s ready to sell. This means you’ll need to take the necessary steps to clean and fix anything obvious in your home, as well as make sure your home is presentable for an open house, and any potential buyers that may visit.

Thinking About Pricing

Pricing is one of the key elements of selling your home and brings in a variety of factors to get right. There is no exact “right” price for your home, but rather the price you’d love to get and the lowest you’re willing to go when someone makes an offer.

This is usually a decision you’ll want to make with your realtor as there are a variety of factors that come into play, some of them requiring insider knowledge, for instance:

  • Consider current market conditions
  • Think about how desirable your property actually is
  • Find a few comparable properties, so you can price evenly

Finding The Right Agent

Finding the right Tahoe real estate agent is the key to making the process as enjoyable and easy as possible. You’ll want to find an agent that not only has plenty of experience in the local market, but has taken the time to understand your needs.

It can also be useful to work with an agent that has experience selling homes in your neighborhood. As neighborhoods and communities in Tahoe can be very segmented, and home values can fluctuate widely.

The Selling Process

As we alluded to above the selling process involving putting your home on the market, starting the marketing process, receiving offers, and then making your final decision on the offer.

Once you’ve decided to accept the offer then there are a few things that will need to be done for the sale to be complete.

  1. Escrow is started and the buyer deposits “earnest money” into the escrow account.
  1. The seller then submits all necessary information to the escrow holder in order to complete the sale.
  1. The seller approves and signs the escrow instructions and any other necessary related documentation.
  1. The seller orders any needed inspections, and approves final reports. Also, any repairs that were approved in the terms of purchase and sale agreement are done at this point.
  1. The buyer and seller then fulfill any remaining agreements and conditions specified in the agreement.
  1. Finally, the buyer and seller fulfill any requirements from the escrow documents, and the sale is finalized.

Selling your luxurious Tahoe home doesn’t have to be difficult. With the help of the right local Lake Tahoe realtor you can even enjoy the process.