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 agent 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 Realtor® 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. 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 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, 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 Realtor® 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

MIRAN K.

MIRAN K.

Fausto helped me sell and buy my new home last year. The buying process was really rough and frustrating because it was such a strong seller’s market. The house listing was not much for my desired price range. Although I found ...
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JOE S.

JOE S.

Working with Fausto Rodriguez as our real estate agent has been nothing short of a blessing! We are first time homebuyers and came equipped with many questions throughout the process. Fausto was not only omnipresent to answer o...
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MARCIE B.

MARCIE B.

Honestly, I don't know where to begin! I'm a first-time buyer in LA, and must admit that I was a bit nervous going into this process. But I fell in love with a condo and by my great good fortune, Fausto represented me. From the...
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PATTY P.

PATTY P.

Fausto was a dream to work with! We had a wonderful experience with him purchasing our first home. He was very straightforward and easy to work with — from walking us through the process and steps to explaining each phase very ...
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BELANOVA

BELANOVA

Amazing agent, I was beyond impressed by the diligent and rapid work ethic! I am very pleased and would recommend him to anyone!
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SOFIA R.

SOFIA R.

Truly one of a kind experience. Fausto helped my family and I look at houses for months. We are first time home buyers so everything was new from getting financing, to inspections, etc. After about 8 months of looking at houses...
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YANETTE N.

YANETTE N.

Fausto was amazing! My boyfriend and I were first time home buyers and confused about the entire process with so many questions and requests. Fausto gave us the knowledge to feel comfortable and at ease with our home buying exp...
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BUYER

BUYER

Outstanding agent! Very happy with his help in finding our family a home, and would recommend to anyone in need of real estate assistance.
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CORT T.

CORT T.

Fausto went above and beyond the call of duty in helping me find a house! A terrific real estate agent. Will use him for many more transactions.
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TORI S.

TORI S.

Easy to work with. Very professional. Answers calls/texts promptly. Displays a lot of knowledge of local areas. Helped my parents secure a lot in Tampa, FL for a new build.
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JHORDAN O.

JHORDAN O.

Fausto has helped me and two friends find a home. He’s patient and great to work with! Highly recommended! Very professional and patient while showing. Knowledgeable.
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BUYER

BUYER

My experience with Fausto was amazing. Our family was relocating from PA to Tampa and his knowledge of the area and experience really helped us find the perfect home. We couldn't be more thankful, highly reccomend!
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JOEL N.

JOEL N.

Fausto was an amazing help when trying to look for a new place for me to buy! He helped me find the exact location, price, and dream home I had been looking for! Would highly recommend! Never using anyone else but him!
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OMARA A.

OMARA A.

Fausto showed us a lot of houses during our search for our dream home, he was always very patient and diligent and had a lot of knowledge and experience in his field which helped to make the process of buying a house a lot easi...
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IDANNIS Z.

IDANNIS Z.

Wow! so many amazing things to say about Fausto. He was beyond great he was very professional, fast, on time, went above and beyond, to find us a property, ️and the best part of it all, no matter how hot or how many we needed t...
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KYLE L.

KYLE L.

Fausto made searching for a home simple. He is responsive to communication and understood the type of homes I wanted to look at after our initial conversation. He handled the entire process and was friendly and professional. I ...
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BUYER

BUYER

Very responsive and prompt when it comes to finding listings. Goes above and beyond to make sure you are happy. Always gives all the details. Have bought two properties with Fausto and have all been a great return investment. I...
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MICHAEL P.

MICHAEL P.

Since the beginning of our home buying process, Fausto has demonstrated that he is very skilled and knowledgeable in his expertise and has continued to provide top-notch customer service. He has also fought really hard for us t...
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BUYER

BUYER

Fausto was the most knowledgeable real estate agent I’ve ever worked with. Seriously, he had answers to questions I didn’t even know I had. I will be recommending him to anybody I know who is looking for a home. Fausto was not ...
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