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Steps to Speed up Selling Process

There are several steps homeowners must take to sell their residence quickly - the first of which is to consider several Realtors before choosing a listing agent. In addition to telling the practitioner their goals, objectives, and time frame for the market analysis; sellers must also "stage" their property by making minor repairs and minimizing clutter. They should commission a home inspection before listing the house in order to identify any problems upfront, and they also might want to consider purchasing a homeowner's warranty to protect them throughout the sale process.

Once an agent has been selected, sellers must determine when the home will go on the market; set a possible settlement date; make sure the home stays in perfect condition in the meantime; and make plans for the weekends so that buyers and their agents can tour the home freely. Furthermore, sellers should use their agent to determine which offers are the strongest and most likely to pull through, recognizing that the settlement date ultimately could be more important than the price.

After accepting an offer, the sellers should keep the home available for the necessary appraisals and inspections; make moving arrangements; and transfer utilities to the buyer. Finally, let the settlement attorney know what to do with the sale proceeds, and then remember to bring all keys to the closing table.

"10 Steps to Quick Selling in Seller's Market," Washington Times (10/25/02) P. F1; Lerner, Michele.

Abstracts Copyright © 2002; Information Inc., Bethesda, Md.
 

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Diane Stock, Broker
Tri State Realty, Inc.
100 Growth Parkway, Suite D, Angola, Indiana 46703
Office:  260-665-2414   Toll Free:  800-860-2414
Email: dmstock@remax.net  Web:  www.dianestock.com



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