How Much is Your San Diego Home Worth?
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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.
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.
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 agents is the best way to determine the right selling price for your home. A team of real estate agents with experience can determine what other comparable homes are selling for, evaluate the current market, and may even suggest a home appraisal.
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.
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.
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.
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.
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.
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.
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.
Monroe Herrington has been such an amazing agent! We have been so lucky to have found him. We had our home listed with another agent before and we were very frustrated with the whole process and just prior to speaking with Monr...
His immediate responsiveness to all our requests and inquiries was remarkable. He always made us feel like a top priority. His knowledge of the local market and current trends helped us tremendously to educate ourselves quickly...
Monroe’s expertise in the San Diego Market, professionalism, and attention to detail earned him five stars out of five. My family and I worked with Monroe to buy and sell several properties. He was always professional, and alwa...
We met Monroe at an open house and he was wonderful from our first meeting. My Husband and I were unsure about what we wanted and Monroe was very patient with us and helped us along the way. He ultimately found us the perfect h...
From start to finish of the home-buying process, Monroe was an absolute star! My husband and I were purchasing a home, but we were out of the country during the time of close. This, however, was not a problem due to Monroe's re...
We are very pleased with Monroe Herington's real estate expertise. His knowledge of the local market, combined with his responsiveness and sound advice is very impressive. Monroe is a real estate professional with strategic neg...
I was lucky enough to be outside when Monroe came through my neighborhood in Crown Point introducing himself. This was 2 years before I intended to sell but we kept in touch and when I was ready to list I knew Monroe was the ri...
Monroe helped us buy our first home, and when it was time to sell, there was no question as to who we would use as our real estate agent. He listened to what we were trying to accomplish with the sale and gave us his opinion an...
My husband and I worked with Monroe to buy our first home in Mission Beach, and I cannot express enough how grateful we are for his service! He is very knowledgeable about the area and he is also very well-connected. For exampl...
Monroe was an absolute pleasure to work with and we are ecstatic about our first purchase and the whole deal situation. Monroe is someone who’s honest, thorough, and responsive. At no point did we feel slowed down or stressed d...
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Monroe Herington
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We specialize in home sales with dedicated client services and comprehensive support. We’ll work closely with you to enhance your space, ease the selling process, maximize the value of your home, and create the positive real estate experience that you deserve.
