10 Steps to Selling Your Home

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10 Steps to Selling Your Home

The home selling process can seem overwhelming to some people – especially when you’re a first time home seller. There are a lot of aspects to consider, both before and during the selling process, so using a knowledgeable and experienced real estate agent can make all the difference!

To help you better understand what to expect when selling your home, we have created this easy to follow list for your reference. If you have any further questions, don’t hesitate to give Louisville Real Estate Pros a call at 502-435-5524.

10 Steps to Selling Your Home

1. Define what you expect from the experience.

We are here to help you through a major life event. Selling your home can be an emotional and exciting time, so we want to make this work for YOU. What are your goals, needs, and expectations? We will want to have an understanding of where selling your home fits in to your life. Each transaction is different, so getting to know why you are selling helps us do an even better job as your agent. Will you also be buying a home? Defining your expectations will help set the tone for a smoother experience overall since we can also help you understand how your expectations fit in with the current state of the real estate market.

You may also like: 5 Questions to Ask Yourself When Preparing to Sell Your Home

10 Steps to Selling Your Home

2. Price your home.

This step is where your real estate agent’s expertise really comes into play. Your agent will run a Comparative Market Analysis (CMA) on your home. Your home will be compared to other similar houses in your neighborhood or area; size, acreage, and amenities are all considered. We will take a look at what price these comparable homes have recently been selling for, and we will determine what a fair market price would look like. This home valuation will be presented to you, and explained, in order to get your feedback as the seller. It is your agent’s job to present you with the current state of the local real estate market, so you can decide what price you think is right for your home. This is the time to ask any pricing related questions. Keep in mind that initial pricing is key to a quick sale, and your agent has the experience to know how your home should be priced. Your agent is an expert in home pricing!

You may also like: 4 Things to Consider When Pricing Your Home to Sell

10 Steps to Selling Your Home

3. Prepare your property for buyers.

Take some time to walk around your home’s interior and exterior. Is it in top-selling condition? Most of us have some parts of our home that could use a little TLC. We will work with you to help you look at your home through a buyer’s eye. There may be some things that need to be repaired, replaced, or removed to make sure that your home sparkles. It’s important to remember that first impression is key, and mastering it is something your agent can certainly help you do! Home staging is not just for the professionals. This is something that you can do to really grab a potential buyer’s attention.

You may also like: 5 DIY Projects to Make Your Louisville Home Sell FAST

4. Implement research-based marketing strategies.

Our tested marketing plan will be applied starting on day one of listing. Your home will be marketed across numerous online real estate websites ensuring maximum exposure to all potential home buyers. We will continue to highlight your home’s features and local area over the length of your listing through blog posts, photo uploads, agency-wide sharing, and social media blasts. Internet marketing has overtaken the real estate world, so a heavy emphasis is placed on confirming that home buyers will find your property appealing through these various online avenues.

You may also like: Pros and Cons of Holding Open Houses in the Louisville, KY Real Estate Market

10 Steps to Selling Your Home

5. Show your property.

During the timeframe when your home is being shown to potential buyers, it’s important to always leave your home in top-selling condition. Get in the habit of making beds, straightening up odds and ends, and securing pets when you leave for work. You can certainly request that you receive advanced notice before a home showing, but keeping your home in showing-ready condition makes it much easier to maintain on a daily basis. Remember the importance of the first impression!

You may also like: 4 Reasons Why Home Staging is Important

10 Steps to Selling Your Home

6. Receive an offer.

When a buyer falls in love with your home, they will present an offer. We will then present the offer to you and discuss what it entails. Many times, the offer is different than your asking price, so discussion with your real estate agent will help you to understand the best route to take when responding.

Are you also planning to buy a home? You may like: How to Create Your Home Buying Wish List - or check out some information on 8 Steps to Buying a Home.

7. Negotiate to sell.

Most of the time, an offer requires some level of negotiation. (This is a major perk of working with a knowledgeable real estate agent!) We will work with you on all offers to decide the best counteroffer to meet your needs. We will always negotiate the best deal on your behalf as our client.

10 Steps to Selling Your Home

8. Have your home inspected and appraised.

Once you have accepted an offer, your home will enter into a “sale pending” status. During this time, we will work with the buyer’s agent to schedule an appraisal and any home inspections that are needed. If the buyer requests any repairs to be made on the home, we will continue to negotiate on your behalf. As an experienced real estate team, we also have a network of trusted vendors that can be recommended to make any necessary repairs. Swift completion of these inspections is crucial to a successful closing, so we will consistently push for status updates and timely conclusion of projects from all contractors and inspectors. 

9. Prepare for closing.

As indicated in our Contract-to-Close timeline, we will contact the title company and buyer’s agent a few days prior to your closing date (also known as settlement date). This contact will be a final check to be sure that all the necessary forms have been prepared. We will touch base with you to go over any final questions that you may have to ensure that our meeting at the closing table goes as smoothly as you would hope. At this time, we will let you know if there is any additional information that we will need from you. We will also confirm that you know what you will need to bring with you to closing.

10 Steps to Selling Your Home

10. Close on your home!

For this meeting, your real estate agent will accompany you to transfer ownership of your property to the buyer. Remember that we are professionals in successfully completed real estate transactions, so we are there to ensure that everything runs smoothly. Once all the necessary papers are signed, your home is officially sold!

As you can see, the home selling process can be broken down into simple, easy to follow steps. Reviewing what to expect when selling your home can not only ease your nerves associated with such a big life event, but it can also build your confidence in the process.

Click here to contact us.

If you ever have additional questions, or you are thinking about selling your home, don’t hesitate to give us a call. Pam Ruckriegel with Louisville Real Estate Pros at Keller Wiliams Realty Louisville East specializes in home selling. She is truly the best agent for the job! 502-435-5524.

Thinking about selling your home? Let's chat!

291 Properties Found. Showing 1-12
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11303 Yandell Dr
Louisville, KY 40223
11303 Yandell Dr Louisville, KY 40223
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$3,300,000
Subdivision: Nutwood
BEDS
4
BATHS
7
SQ.FT.
14,091
BUILT
2001
ON SITE
5Days
MLS
1521080
Throughout the ancient world, the lion served as a symbol of strength. Etched and carved throughout, is the figure, serving as a reminder of the importance of strength within a family, as well as the...
215 N Beckley Station Rd
Louisville, KY 40245
215 N Beckley Station Rd Louisville, KY 40245
1 of 51
$1,750,000
Subdivision: N/A
BEDS
6
BATHS
5
SQ.FT.
7,754
BUILT
1999
ON SITE
12Days
MLS
1520692
Welcome to the very special 6+ acre Four Hearts Farm featuring a custom designed estate home and horse barn (would be perfect to partially redesign as a guest carriage home) with a private automatic...
431 Mayfair Ln
Louisville, KY 40207
431 Mayfair Ln Louisville, KY 40207
1 of 42
$1,325,000
Subdivision: Mockingbird Valley
BEDS
4
BATHS
5
SQ.FT.
4,610
BUILT
1941
ON SITE
1Day
MLS
1521198
Nestled just off the Lightfoot/ Mayfair split, this Jeffersonian classic is truly a one-of-a-kind property in Mockingbird Valley. Special features of this 4 bed 4.5 baths include: 2 separate master...
535 Fairfield Dr
Louisville, KY 40206
535 Fairfield Dr Louisville, KY 40206
1 of 40
$1,199,000
Subdivision: Cherokee Gardens
BEDS
5
BATHS
6
SQ.FT.
5,309
BUILT
1939
ON SITE
12Days
MLS
1520672
Recently featured in The New York Times. This classic 3 story home is located in the highly sought after Estates section of Cherokee Gardens. The eat-in kitchen was remodeled just 3 months ago. It...
4403 Routt Rd
Louisville, KY 40299
4403 Routt Rd Louisville, KY 40299
1 of 17
$999,999
Subdivision: N/A
BEDS
3
BATHS
1
SQ.FT.
888
BUILT
1925
ON SITE
15Days
MLS
1520461
Rare opportunity to purchase approximately 45 acres within Jefferson County. This serene escape, is an ideal property for potential development. Conveniently located less than 4 miles from the Gene...
2616 Evergreen Wynde
Louisville, KY 40223
2616 Evergreen Wynde Louisville, KY 40223
1 of 104
$824,000
Subdivision: Evergreen Farms
BEDS
4
BATHS
3
SQ.FT.
4,501
BUILT
1990
ON SITE
11Days
MLS
1520766
Check out this beautiful home in Evergreen Farms, located right outside of Anchorage. The owners have done so much to this home since they purchased it. Make sure to checkout the list of upgrades...
1006 Doric Cir
Louisville, KY 40205
1006 Doric Cir Louisville, KY 40205
1 of 58
$765,000
Subdivision: N/A
BEDS
4
BATHS
4
SQ.FT.
5,477
BUILT
1969
ON SITE
12Days
MLS
1520673
Lovely Two-Story Brick Home Near Cherokee Park! This home features hardwood floors, windows galore, three fireplaces, renovated bathrooms, built-ins, a wonderully open floor plan, a wine cellar, and...
1705 Arnold Palmer Blvd
Louisville, KY 40245
1705 Arnold Palmer Blvd Louisville, KY 40245
1 of 50
$699,000
Subdivision: Lake Forest
BEDS
5
BATHS
5
SQ.FT.
6,151
BUILT
1992
ON SITE
5Days
MLS
1521067
The owners personally selected this Lake Forest lot to build their custom Amos Martin home for its spectacular views overlooking the 10th green with views of 17th & 18th greens and the country club...
7523 Creekton Dr
Louisville, KY 40241
7523 Creekton Dr Louisville, KY 40241
1 of 60
$650,000
Subdivision: Beech Spring Farm
BEDS
4
BATHS
5
SQ.FT.
4,701
BUILT
2007
ON SITE
14Days
MLS
1520527
OPEN SUN 12/9/18 2-4 P.M. Don't miss this lovely one-owner home in Beech Spring Farm that is situated in the CUSTOM-DESIGNED and built section of this sought-after neighborhood! Conveniently located...
1830 Overlook Terrace
Louisville, KY 40205
Under Contract
1830 Overlook Terrace Louisville, KY 40205
1 of 84
$645,000
Subdivision: Cherokee Plaza
BEDS
3
BATHS
4
SQ.FT.
3,565
BUILT
1925
ON SITE
14Days
MLS
1520547
Welcome to1830 Overlook Terrace nestled in the Highlands, Douglass Loop Belknap Neighborhood. This beautifully unique home has 3 bedrooms with 4 full baths, including an adjoining room on the second...
3926 Napanee Rd
Louisville, KY 40207
3926 Napanee Rd Louisville, KY 40207
1 of 39
$629,000
Subdivision: Ridgeway Corner
BEDS
5
BATHS
6
SQ.FT.
3,958
BUILT
1940
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1521035
Truly one of a kind home on the desirable 3900 block of Napanee Road in St. Matthews has to be seen in person to be believed. This traditional center-hall Colonial has seen two additions over the...
1228 Cherokee Rd
Louisville, KY 40204
1228 Cherokee Rd Louisville, KY 40204
1 of 24
$605,000
Subdivision: Cherokee Triangle
BEDS
4
BATHS
3
SQ.FT.
6,330
BUILT
1900
ON SITE
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MLS
1520700
Beautiful Victorian home located in the Cherokee Triangle neighborhood. Grandfathered in as a Triplex but with can be converted to a single family residence. hardwood throughout, granite...

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