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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 team of real estate agents 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 team of real estate agents once you choose one so they 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 team of real estate agent is the best way to determine the right selling price for your home. A team of real estate 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

We 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. Our 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. We 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 we deem the offer is acceptable, we 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 team of real estate agents.

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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. We 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, we 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. We 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 team of real estate agents 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.

WHAT OUR CLIENTS SAY

Michael is super responsive and pleasant to work with. He immediately jumped on any issues that came up and ensured we made it to closing smoothly.

— Margaret W.

WHAT OUR CLIENTS SAY

Hello Sally, I've recently gotten my house sold by Michael Brassem and I asked Michael your contact information because I would really like to recognize his outstanding work in selling our house. We've done this process before with relocation companies, which is always painful, but this time was a different positive experience. Michael went above and beyond our expectations in helping us not only in the ...

— V. P.

WHAT OUR CLIENTS SAY

Michael did an excellent job in selling our house! Besides his market knowledge, he went beyond and above our expectations in helping us out with many other things outside his scope of just selling the house! He really cares about his clients! He is also very responsive and professional. We are glad we picked him to help us in this process, which ended up being very successful with zero issues! Get an of...

— M. P.

WHAT OUR CLIENTS SAY

Michael went above and beyond to help my wife and I find our perfect, first home. He was very patient with us while we learned the home-buying process and was always quick with a response when we had a question or concern. We greatly appreciated his negotiation skills in the final stages of our offer and felt he had our best interests in mind throughout our whole home-buying journey. Michael was extremel...

— R. W.

WHAT OUR CLIENTS SAY

My husband and I worked with Michael in the summer of 2020. It was our very first home-buying experience, and we had no idea what to expect. We were under a lot of stress and unknown factors - COVID-19, buying our first home in an incredibly competitive market and expecting our first child. I was worried the process would be intense and complicated, but Michael made everything so easy and fun.

— M. F.

WHAT OUR CLIENTS SAY

I am a first-time home buyer and new to Colorado. Even though I was out of town, Michael made the entire process from offer to closing a breeze. He was more than an agent; he was my advocate. He is very organized, supportive, and communicative. He made something that can be such an anxiety-producing event (especially during these hectic times), enjoyable and exciting. I felt like I was in great hands. Mi...

— J. B.

WHAT OUR CLIENTS SAY

Michael is so professional. He kept us on schedule. He kept the communication clear and constant. He also helped connect us with the perfect lender, that made sure to customize the loan for us, and our lending needs. Our home sold in 3 days! And everything was easy breezy! Thank you, Michael.

— N. H.

WHAT OUR CLIENTS SAY

Michael was an absolute professional from start to finish. He was responsive and knowledgeable. But beyond that, he was kind and courteous. It took a while for us to list our house and we had a lot of questions. He was patient and never pushy and went beyond what we have experienced in the past with other realtors. We highly recommend Michael.

— L. L.

WHAT OUR CLIENTS SAY

As a first-time homebuyer during a pandemic, Michael helped us tremendously throughout the process. He did a fantastic job of explaining every question we had along the way, helping us make an informed decision about our home purchase. Michael was always well-prepared. He helped by providing us with detailed information on each home, as well as a comparison sheet to help distinguish between houses. He wa...

— M. R.

WHAT OUR CLIENTS SAY

Michael is an exceptional real estate specialist. Always available to answer questions and solve problems. The most professional associate I have ever had the pleasure to work with.

— K. C.

WHAT OUR CLIENTS SAY

Jennifer was a pleasure to work with for the sale of our home. She had great suggestions to get our home ready for listing. We had good communication throughout the entire process from talking about listing through closing and moving out. and she helped us at every step. Our home sold quickly and with multiple offers thanks to Jen's support! She knows the area very well and that is very helpful to both b...

— David G.

WHAT OUR CLIENTS SAY

We have worked with Jennifer many times and she is honestly the best. She will listen to you and go out of her way to help in any way. She is very smart and does her research as a realtor. She will negotiate hard for you and you always feel supported and in good hands when she is selling or helping you to buy a home. We 100% trust her and would never be afraid to recommend her because we know she will al...

— Olivia W.

WHAT OUR CLIENTS SAY

Jennifer sold our prior home in less than two weeks. She facilitated the selection and purchase of our new home. She was extremely helpful and knowledgeable in negotiating a satisfactory purchase price. We also used Jennifer to sell a previous home a year before. Again, it was done quickly and efficiently. Jennifer is one real estate broker I would highly recommend. All of my dealings with her were top-n...

— Joe W.

WHAT OUR CLIENTS SAY

Jennifer was great in helping me find my first home. She is incredibly knowledgeable about the different areas of Denver and went above and beyond to research homes that would be a good fit for me. She even spent an entire day driving me around each Denver area so we could narrow down our search parameters. Jennifer is incredibly patient and, most importantly, gave her honest opinion about each property ...

— Hannah C.

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