Seller's Guide

A Step-by-Step First Time Seller's Guide

Putting your home on the market can be a stressful process, especially when you don’t know what to expect. Fortunately, with the help of an experienced agent and this easy to follow guide, you can smoothly complete the process. Following these steps will help you prepare so you can get organized and sell your home for the best price possible.​​​​​​​

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Step 1: Understand Why You're Selling

What do you want to accomplish with the sale of your home? Do you want to make a certain amount of money that you can put toward a larger or nicer home? Do you need to sell it as soon as possible to facilitate a move to a new city or area? Once you understand your needs, you can better craft your offer. For example, if you need to sell quickly, you might want to price your home lower than if your goal is to make a certain profit margin. Make sure you convey these needs to your Real Estate Agent once you choose one so he or she can adjust your selling price accordingly.

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Step 2: Determine Selling Price

Knowing how to price your home is one of the most important parts of the selling process. When you set a fair price in the beginning, you’ll get the most interest from other real estate agents and prospective buyers. Overpricing your home could lead to reduced interest, and underpricing leads to receiving less than what your home is worth. Working with a real estate agent is the best way to determine the right selling price for your home. An agent with experience can determine what other comparable homes are selling for, evaluate the current market, and may even suggest a home appraisal.

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Step 3: Start Preparations

If you’ve kept your home in showroom condition since you’ve lived in it, you’re in the minority of homeowners. Once you price your home, it’s time to start getting it ready to be shown to potential buyers. This includes getting rid of clutter, depersonalizing the space so that buyers can envision themselves in the space, making any small repairs, and doing a deep clean to make sure your home is in pristine condition.

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Step 4: Develop a Marketing Strategy

I will develop a marketing strategy that is perfect for advertising your home. This involves listing the home and then driving the right people to that listing through social media campaigns, agent-to-agent referrals, traditional media, or SEO advertising. My team creates a marketing campaign that aims to get the most possible traffic to your listing in the first three weeks after becoming a client.

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Step 5: Evaluate Offers

Receiving an offer is an exciting part of the process, but it doesn’t mean the journey is over. I will evaluate each offer and make sure the party making the offer is prequalified or pre-approved by a mortgage lender and that their offer is acceptable to you. If the offer is too low, you can make a counter-offer or offer other ways to bridge the gap, such as covering some or all of the closing costs, making repairs, adjusting the move-in date, or leaving some appliances or fixtures for the new buyer.

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Step 6: Accept an Offer

Once I deem the offer is acceptable, I will review the proposed contract to make sure it’s all in order and includes the necessary components such as deposit amount, down payment, financing, inspection rights and repair allowances, contingencies, settlement date, and a list of fees and who will pay them. When both parties have agreed to the term, a final contract will be prepared by your agent.

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Step 7: Get Ready to Close

You have accepted an offer and are now very close to the end of your selling journey. But first, you and the buyer must make a list of what needs to be done before closing. In some cases, your home may need to be formally inspected, surveyed, and appraised. In other cases, major or minor repairs will need to be made before the house can close. I will head up efforts to develop and execute this list, get each action item paid for by the correct party, and make sure everything is in order by the closing date. A few days before the closing date, I will call the company closing the transaction to make sure everything is ready to go. If you haven’t done so already, you also need to make arrangements to move out of the home so the new buyer can take possession.

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Step 8: Close

You’ve reached the last step in the seller’s process. When you close on a home you are selling, you are legally transferring ownership of the property to the new buyer. I will meet with the company closing the transaction to sign the final paperwork and go over any issues that have not yet been taken care of. During this time, you can also make plans with your REALTOR to handle final details such as canceling utilities, cable, and lawn or trash services, changing the name on accounts that the new owner is retaining and ensuring the new owner has instructions for all appliances that will remain in the home.

Congratulations!

Once you have sold your home, you’re free to take the next step on your journey. Whether this is relocating to a new city, moving into a larger home, or downsizing and enjoying your life as empty-nesters, knowing all your selling responsibilities have been taken care of will help you achieve peace of mind for your new path.

Testimonials

Jaz

Jaz

Kenny was helpful throughout the entire process. We really appreciated the fact he was open to answering any questions or concerns we had. His diligence made our entire home-buying process go smoothly.
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Rai N.

Rai N.

Kenny was extremely professional and a joy to work with. He had tons of knowledge and made us feel comfortable with the decisions we made along the way. He was always a phone call or text away and replied promptly to every query.
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Buyer

Buyer

Kenny was very nice to work with. As a first-time home buyer, he was able to help me and my wife find a new home that we really liked. He was open to answering any questions we had, whether big or small. We would definitely rec...
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Thea & Geoffrey

Thea & Geoffrey

Kenny is an awesome agent. He was very clear on what we were to expect during the selling process. He communicated with us every step of the way which was very important to us. We got the price we expected and more. If you want...
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Chad

Chad

I started working with Kenny in 2013. He was patient in my search of finding the right home and finally found it a year later. As a first-time home buyer, his deep industry knowledge in home buying, selling, and renovating help...
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Chanly

Chanly

Kenny was great. Kenny sold my sister's condo a few years ago and he did such a good job that I didn't hesitate to have him as my realtor. This was our first home purchase for my husband and me, so we didn't really know what th...
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Sam F.

Sam F.

Kenny is a lifesaver. I had my anxieties selling my home for the first time, but his professionalism, responsiveness, and attention to detail assured my wife and me that we were in the most capable hands possible. I had a lot o...
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Thea M.

Thea M.

We've been working with Kenny since 2012. As first-time homebuyers, we had a lot of questions. Kenny was able to help us navigate through the tedious and time-consuming process. We looked at condos, multi-family homes, and sing...
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Jared J.

Jared J.

I was referred to Kenny Patton by friends and family who he worked with previously. Kenny helped us find and purchase our first home. We began our search in January 2016 and were able to close on a home in April. It was not the...
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Jen

Jen

We had a special financing situation that put us on a pretty fast timetable. Kenny was not only up for the challenge, he almost welcomed it. In the current Seattle housing market, you have to act quickly. During our search, we ...
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He has extensive experience in removing unknowns early on and structuring deals to ensure the best advantage for his clients. His career in real estate is a relentless full-time, life-long endeavor that he hopes will allow him to help as many people as possible.

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