Anyone who has ever sold a home can attest to the fact that there’s a lot that goes into this process. Changes in technology have given the impression that anyone can sell homes. Statistics show that “for sale by owner transactions bring in 26% less than with realtors. Unfortunately, it’s rarely ever as simple as listing a home on the market and then waiting for potential buyers to come flocking to your doorstep. Typically, the home selling process takes a good deal of time and skill. Though the process can be simple and straightforward in some cases, there are often several different journeys that sellers must go through in order to get to their end goal of selling their property.
In the Colorado real estate market, this can be especially complicated. The state has several areas that are booming since its outdoor-centric lifestyle, laidback atmosphere, and scenic surroundings continue to draw in buyers from across the country. This major influx of potential buyers means that there’s typically a seller’s market, but the home selling process doesn’t get much easier to navigate under these circumstances. There’s an abundance of potential buyers and tons of competitive properties that all offer similar benefits, so in order to get the best price for your home, it must be competitive and on par with others in the area.
When considering Cherry Creek real estate specifically, people see a similar pattern. Widely regarded as an affluent and luxurious community, sellers need to be sure that their home is up to the standards of buyers who are exploring the area. Homebuyers may have certain perspectives or ideas in mind, so it’s necessary for Cherry Creek owners to make sure that their property aligns with the ideals of potential buyers in this market.
Luckily, there are several ways to simplify the homebuying process and make it as seamless as possible. If sellers educate themselves on the home selling process, this journey can be expedited and they can more quickly achieve their goal of selling their property to the right buyer for the right price. Read on to learn the must-know tips for selling a home, specifically within one of Colorado’s most exclusive and sought-after communities.
Identify a Realtor® you can trust
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One of the most important parts of the home selling process is finding a knowledgeable guide to help you through. Realtors® are fantastic sources of information since they have years of experience in this field and can easily help sellers navigate the highs and lows of the homebuying process. At the start of the process, sellers should reach out to a trusted local Realtor® who knows the ins and outs of the market. A Realtor®will be able to let sellers know what a fair price is for their property, share the home with their vast networks, weed out unqualified buyers, and
help with plenty more activities. They also have market-specific knowledge that sellers may be aware of but not fully understand.
The benefits of working with a Realtor® are endless. Within Cherry Creek, knowledgeable Realtors® can help ensure that your home is up to the high standards of the community as well as identify any areas that may need improvement. Realtors® know what buyers come to this area for, and they can help sellers and their properties communicate the sense of luxury and prestige that many people seek here.
By working with a trusted Realtor®, sellers have access to tons of valuable insights that they otherwise may not be aware of. Sellers have a full-time guide with tons of experience, which can help simplify and speed up the process for all parties involved. By working with a seasoned and respected Realtor®, sellers are taking a proactive first step in order to sell their homes in a straightforward and simple manner.
Strategize with your Realtor® about what you want to achieve
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People sell their homes for a variety of reasons. Sometimes, they want to move to a new location as soon as possible. Other times, they’re willing to take their time and endure a lengthy selling process in order to find the best buyer. Every seller has a different motive for selling their home, and because of this, the process for each seller will likely differ.
Once a seller has identified a Realtor® they can trust, they need to sit down and put together a plan for selling the property. Realtors® need to know every detail about the home, so sellers should come prepared with information about the property, such as its square footage, property taxes, recent renovations, and more. Sellers should also come to the table prepared to discuss what may not be great about their home since this is something that must be disclosed later on in the process through a
seller’s disclosure. Colorado has certain requirements for what must be disclosed about a home, so it’s important that sellers bring this to the table with their agent to understand what may affect the home’s sale and closing.
Once each party has a solid understanding of the property, both the seller and Realtor® can start to discuss how they want to sell it. Some people want a speedy and quick process, whereas others prefer a longer one to ensure they find the best buyer possible. An agent should know this information, and when they do, they can help ensure that the selling process operates as close as possible to what a seller wants. Once this takes place and all of the correct paperwork is in order, a real estate agent can list your home and start to connect with their vast network of potential buyers!
Prepare to show off your home
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As potential buyers start to show interest in a home, it’s important that sellers are consistently putting their best foot forward. In Cherry Creek, homes are held to an extremely high standard, so properties are expected to be clean and well-maintained, have on-trend features, and be organized and ready to give a strong first impression.
When buyers first walk into a home, they want to be blown away by the property’s features rather than distracted by clutter or personal items. A real estate agent can give you pointers for preparing your home for a showing, but best practices say that a home should be clean, organized, free of personal items, and as welcoming as possible for potential buyers when they walk through. It can also help to look at comparable homes in the area to see how they’re staged and set up to ensure that the seller’s home is on par with competitors.
Staging a home is important even when buyers aren’t physically in a space. Virtual home tours are becoming more common, and oftentimes people will want to see pictures of a property before committing to visit it in-person. Sellers will want to have bright, professional photos on hand to show to buyers, and the home should be just as sparkling and clean in these images as it is in real life when people are touring.
Ideally, sellers should want buyers to feel immediately welcomed and at home. When buyers feel calm and at peace in a new property, it can help them see all the potential that it has to offer.
A simple and straightforward task, properly preparing a home to be shown can easily sway buyers towards further exploring your property.
Once you identify the right buyer, cooperate with your Realtor® and all parties involved to close
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When a seller has found the ideal buyer for their home, the process is almost completed! Now, all parties involved must move into the final stages in order to officially hand off the property to a new owner.
When doing so, all parties involved must cooperate and have efficient, clear communication. Though real estate agents can handle the majority of work through these last few stages, it’s important that sellers stay alert and informed so they understand the terms of the home purchase.
Oftentimes, sellers will be asked to provide certain information, services, or documents during negotiation and closing. For instance, when an offer is accepted, the seller’s disclosure must be provided to the buyer. After that, a buyer may ask for a home inspection or appraisal, and sellers must be aware of both of these processes and what they may mean for the overall sale. By being attentive, communicative, and cooperative with all parties involved, sellers can easily navigate these final stages and get to the best part of the process—closing on and selling the property!
Summary
And there you have it—your home is sold! With the right home selling tips, navigating this process can be very straightforward and simple. Working with the right Realtor® can also help avoid complications.
By collaborating with the right
Cherry Creek real estate agent, sellers can seamlessly sell their properties to amazing buyers who are willing to pay for what the property is worth. Natacha Gutierrez is the Realtor® in the area to assist with this since she has years of experience and is dedicated to delivering impeccable service and putting the needs of her clients first. With an established background in law, Natacha has the expertise needed to skillfully navigate all parts of a real estate transaction. If you’re looking to dive into the Cherry Creek real estate market, reach out to
Natacha today!
