RE101 – After the Sale
Final Payments & Mail
Ensure all final payments related to the sale are settled. Check for any outstanding balances and settle them promptly. Update your address with essential services to avoid ...
Posts Tagged ‘Real Estate 101’
RE101 – The Closing Process
Final Walkthrough
Expect a final walkthrough from the buyer to ensure the property is in the agreed-upon condition. This is typically done the day before or morning of the closing.
Review Documents
Carefully review all closing documents, inc...
RE101 – Moving Out
Plan Ahead
Start planning your move early. Create a timeline to organize packing, hiring movers, and finalizing logistics. A well-organized move reduces stress and ensures nothing is overlooked.
Declutter
Use this opportunity to de...
RE101 – Home Inspections and Repairs
Pre-Inspection
Consider getting a pre-inspection to identify issues before listing your home. Addressing problems in advance demonstrates transparency and can make the selling process smoother.
Buyer's Inspection
Be prepared for th...
RE101 – Understanding Closing Costs
Common Costs
Familiarize yourself with common closing costs such as title insurance, attorney fees, and transfer taxes. These costs can add up, so budgeting accordingly is essential.
Estimate Costs
Work with your realtor to estimat...
RE101 – Negotiating Offers
Understand the Offer
When reviewing offers, consider not just the price but also the terms and contingencies. Evaluate the buyer’s financing and their ability to close quickly to ensure a smooth transaction.
Counteroffers
Be prep...
RE101 – Marketing Your Home
Professional Staging
Staging your home professionally is key to making a lasting impression. Before capturing photos, ensure your home is staged to highlight its best features. Remove any mundane items such as work supplies, children's toys, a...
RE101 – Legal Considerations
Understanding Contracts
Navigating the world of real estate involves a thorough understanding of contracts. As a seller, it is imperative to familiarize yourself with the sales contract and any legal obligations it entails. Each clause and con...
RE 101 – Pricing Your Home Correctly
Setting the right price for your home is crucial to attract buyers and ensure a successful sale. Here are some essential steps to help you price your home competitively and accurately.
Market Analysis
Understanding the current real ...
RE101 – Preparing Your Home for Sale
Selling a home can be a daunting process, but with the right preparations, you can make your property more attractive to potential buyers and ensure a smoother sale. Here are some essential steps to prepare your home for the market.
De...