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!

318 Properties Found. Showing 1-12
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200 Mockingbird Gardens Dr
Louisville, KY 40207
200 Mockingbird Gardens Dr Louisville, KY 40207
1 of 59
$2,375,000
Subdivision: Mockingbird Gardens
BEDS
6
BATHS
7
SQ.FT.
10,132
BUILT
2004
ON SITE
9Days
MLS
1524549
MASTERFUL design and MODERN LUXURY are uniquely embodied in 200 Mockingbird Gardens Drive, situated on a remarkable 1.3 acres. This SOPHISTICATED JEWEL boasts over 10,000 square feet of luxurious...
155 Totem Rd
Louisville, KY 40207
155 Totem Rd Louisville, KY 40207
1 of 86
$1,295,000
Subdivision: Indian Hills
BEDS
4
BATHS
4
SQ.FT.
4,999
BUILT
1950
ON SITE
2Days
MLS
1524941
Gorgeous Indian Hills location, Country Club section! This amazing traditional center hall colonial has been renovated and upgraded beyond belief! The first floor features a beautiful entry foyer...
14809 Landmark Dr
Louisville, KY 40245
14809 Landmark Dr Louisville, KY 40245
1 of 80
$1,250,000
Subdivision: Lake Forest Estates
BEDS
5
BATHS
6
SQ.FT.
6,500
BUILT
1992
ON SITE
14Days
MLS
1524280
This stunning home, in the Estate Section of Lake Forest, is a rare find. Located on the corner and across from the Lake Forest Country Club, gives club members fast access to all the wonderful...
1004 Anchorage Woods Cir
Louisville, KY 40223
1004 Anchorage Woods Cir Louisville, KY 40223
1 of 84
$1,200,000
Subdivision: Anchorage Woods
BEDS
6
BATHS
7
SQ.FT.
6,990
BUILT
1988
ON SITE
6Days
MLS
1524739
Wow! Remarkable custom Blacketer built home in Anchorage Woods just down the street from the award winning Anchorage school. You couldn't find a better floor plan, upgrades, or lot in this...
1400 Willow Ave
Louisville, KY 40204
1400 Willow Ave Louisville, KY 40204
1 of 64
$1,035,000
Subdivision: 1400 Willow
BEDS
3
BATHS
2
SQ.FT.
2,282
BUILT
1980
ON SITE
2Days
MLS
1524933
Luxury condominium living at its finest! This spacious, updated 15th floor condo with a Cherokee Triangle view has all of the modern amenities you need to feel right at home. All bedrooms are...
2217 Grove Hill Pl
Louisville, KY 40207
2217 Grove Hill Pl Louisville, KY 40207
1 of 41
$995,000
Subdivision: Estates Of Locust Grove
BEDS
4
BATHS
7
SQ.FT.
7,369
BUILT
2005
ON SITE
3Days
MLS
1524900
Stunning, executive home on a flat lot with an expansive/private REAR YARD - perfect for kids, a future pool, and entertaining. The Estates of Locust Grove has just been approved to become a part...
2503 Champion Lakes Ct
Louisville, KY 40245
2503 Champion Lakes Ct Louisville, KY 40245
1 of 77
$750,000
Subdivision: Lake Forest
BEDS
5
BATHS
6
SQ.FT.
5,515
BUILT
2001
ON SITE
7Days
MLS
1524689
Spectacular home in a fabulous location. This 5 bedroom, 4 full, 2 half bath home has been lovingly updated throughout. There is a gourmet kitchen with new granite countertops, sink, faucet, marble...
14301 Woodland Ridge Dr
Louisville, KY 40245
Open House
14301 Woodland Ridge Dr Louisville, KY 40245
1 of 79
$725,000
Subdivision: Lake Forest
BEDS
5
BATHS
7
SQ.FT.
6,503
BUILT
2000
ON SITE
14Days
MLS
1524237
Fabulous describes this totally updated five bedroom beauty with an open floor plan! The spacious great room has bamboo flooring, opens to a formal dining area, includes a convenient powder room,...
711 W Main St
Louisville, KY 40202
711 W Main St Louisville, KY 40202
1 of 52
$725,000
Subdivision: The Harbison
BEDS
3
BATHS
4
SQ.FT.
2,649
BUILT
1992
ON SITE
14Days
MLS
1524251
Come enjoy this luxurious and updated downtown condominium located in the historic Harbison at the corner of 7th and Main Streets across from 21C Hotel. With captivating views of the Ohio River and...
309 Mill Stream Pl
Louisville, KY 40222
309 Mill Stream Pl Louisville, KY 40222
1 of 74
$724,900
Subdivision: Mill Stream
BEDS
5
BATHS
4
SQ.FT.
6,006
BUILT
2003
ON SITE
3Days
MLS
1524879
ANNOUNCING THIS RARE FIND in the HEART of the CITY on a quite quaint cul de sac street where it takes 10 minutes to get to most anywhere in the City. Outstanding custom built 1.5 story brick with...
133 S 3Rd St
Louisville, KY 40202
133 S 3Rd St Louisville, KY 40202
1 of 42
$699,995
Subdivision: The Levy
BEDS
4
BATHS
4
SQ.FT.
3,262
BUILT
1898
ON SITE
8Days
MLS
1524605
Welcome to the ULTIMATE in downtown Louisville living experience. This unit boasts unbeatable panoramic views of the Louisville skyline, a rooftop deck, and, exquisite detail in every element from...
60 Harwood Rd
Louisville, KY 40222
60 Harwood Rd Louisville, KY 40222
1 of 61
$699,000
Subdivision: Glenview Manor
BEDS
4
BATHS
4
SQ.FT.
4,020
BUILT
1950
ON SITE
10Days
MLS
1524481
Beautifully renovated 4 bedroom, 4 bath brick craftsman style home with an open concept floor plan and upscale finishes! When you enter the home you will notice the site finished, walnut stained...

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