Bryan Nazor On What You Need to Know Before You Sell Your Home For the First Time
So, you have decided to sell your home. This is an exciting and nerve-wracking step when you’re a first-time home seller, said title and real estate expert Bryan Nazor. However, with some knowledge of the basic steps (and making sure you adhere to them in the correct order), you are well on your way to a successful and smooth process. Bryan Nazor and other real estate professionals serve as a resource to help you keep track of the timeline and sell your home quickly and without a headache.
According to Bryan Nazor, after you decide to sell your home, the first step is to figure out the asking price on the home. But don’t worry, you do not have to do this on your own! A real estate agent will help you decide on the asking price, using knowledge of the market value of the home and what similar homes generally sell for. Do your research and find a real estate agent you trust, and get recommendations from friends who have sold their homes successfully. Just remember, if you are not comfortable with your real estate professional’s advice or suggestion, you can always get a second opinion from another well-respected professional, Bryan Nazor said.
Some people choose to sell their home on their own rather than investing in a real estate professional. One reason one might do that is that real estate professionals charge a commission on the sale of the house. But Bryan Nazor said in his experience, a real estate professional is worth the cost, especially if you have never sold a house before. “A for-sale-by-owner arrangement can be complicated and time-consuming,” Bryan Nazor said. If you are not sure what you’re doing or don’t have a lot of personal time to commit, cough up and choose a real estate professional.
When you have a real estate agent and have set the asking price on the house, your real estate agent will list the house. It is their job to manage marketing the house, with signs on the front lawn, MLS listing and more. The real estate professional will also give you advice on preparing the home to show potential buyers, from cleaning to redecorating. This is another area where professionals can be a great asset, Bryan Nazor said. They are aware of how to market a house and what buyers are looking for when they tour a house.
The next step: one of those prospective buyers will make an offer on the house. You can choose to either accept the proposed purchase price or to make a counteroffer. When the buyer and seller reach an agreement on the price, your real estate professional will work with a title insurance agent like Bryan Nazor to draft the paperwork.
Now the hard part of selling your home is over. Your real estate professional will schedule a date for you to meet with the buyer and close on the house. At this point, the sale is complete and ownership of the house is officially transferred to the buyer. Keep this basic timeline in mind, Bryan Nazor said, and you are well on your way to a smooth sale of your home.