Deciding to Sell

So you have decided to sell your property. Before anything else, it is a good idea to sit down and clarify your motivations and draw up a basic time frame for the selling process.

Why Sell?

Why do you want to sell your property? Do you intend to simply find a larger property, or do you plan on moving to another neighborhood, school district, city or state? You might think your reasons are obvious, but it would do well to consider the implications of each option for your lifestyle, opportunities, and finances. Being clear about your intentions for selling will make it easier for us to determine the most appropriate option for your specified financial, lifestyle, and real estate goals.

When Should I Sell?

You should immediately establish your time frame for selling. If you need to sell quickly, we can speed up the process by giving you a complete market analysis and action plan to obtain all of your goals. If there is no pressing need to sell immediately, you can sit down with one of our expert real estate agents to thoroughly review the current market conditions and find the most favorable time to sell.

What Is The Market Like?

When you work with us, you can be sure that you will have our knowledge, expertise and negotiating skills at work for you to arrive at the best market prices and terms. We will keep you up-to-date on what is happening in the marketplace and the price, financing, terms and conditions of competing properties. With us, you will know exactly how to price and when to sell your property.

How Do I Optimize My Finances?

Deciding to sell your property demands a serious consideration of your current financial situation and future possibilities. With the help of our qualified agents, you will be able to effectively assess the cumulative impact of these changes, estimate potential proceeds of selling your property, and plan effective tax savings and estate planning strategies. We will ensure that you not only take control of your finances, but use them to their fullest potential.

Home selling process: A general guide

Selling your house is a significant milestone whether you are doing it for an upgrade, downsizing, or moving to a different city. Set yourself up for a successful home sale with our five-step home selling guide.

Prepare for the sale

Before you list your house on the market, make sure that the property is in move-in ready condition. Make necessary repairs and upgrades, replace worn-out lighting, wiring, and plumbing, and deep-clean the entire house. An optional step is to have it staged by a professional.

Another thing to do to prepare is to hire a real estate agent. Together, iron out the details using the following guide questions:

1. How much is the house worth?
2. What is the house’s asking price?
3. When is the best time to sell the property?
4. What can we do to increase its market value?

Once the house is ready, it is time to put it up for sale.

Market the house

Technology has brought more options when it comes to marketing your home. Aside from the traditional method of giving away pamphlets and fliers, here are more modern strategies to consider:

5. Hire a professional photographer to take listing photos of the house
6. Write an engaging and informative write-up about the property
7. Build a website for the listing
8. Offer a virtual tour of the property
9. Post the listing on social media sites such as Facebook, Instagram, and Twitter

Host open houses

Show your house to home buyers (whether they are looking actively or passively) through open houses. During such events, it is important to remember not to be present and let your real estate agent handle everything.

Negotiate and make counteroffers

With your real estate agent, learn how to assess different offers made by home buyers and negotiate for a better deal. This not only includes the offer price, but contingencies such as repairs and inspection and, should you choose, furniture you would like to part with.

Remember to weigh each offer carefully. If you are in a rush to sell your Utah house, perhaps we can help. In addition to helping sellers, we also buy houses for sale in Salt Lake County and surrounding areas. Request a cash offer here today.

Closing the sale

Once you have accepted an offer and signed a purchase agreement with a buyer, the process proceeds to the closing stage. You and the buyer will set a closing date, usually 30 to 45 days from the signing of the agreement.

During closing, you will fulfill your obligations as a seller depending on what was agreed on the contract. You might also want to provide a document disclosing details about your property. Read about seller disclosure requirements in Utah here.

The best way to sell a house in Salt Lake County is to work with our realtors. Get in touch with us today at 801.330.8986 or info(at)capitalrealestate(dotted)co.