Seller's Guide

Everything you need to know about putting your home on the market, accepting an offer, and closing on your home.

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 REALTORS® 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 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.

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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 REALTORS® 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.

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Dustin H.

I've never seen a company as a whole pull together as a team to go above and beyond for a client. Whether it be their client or someone else’s client that just has questions about general information, they are always there to a...
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Cindy G. at Pink Realty was awesome to work with as our buyer's agent! Jessica B. was on the selling side and together these ladies truly represented Pink Realty well! Our closing was great and lots of fun; everyone at Pink tru...
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Pink Realty went above and beyond to assist my wife and me in finding a home! Our REALTOR, Lisa Arther, was awesome! She virtually did home tours and was always available. She got the home set up and we are really satisfied. Ev...
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I would recommend Brian to anyone wanting to buy or sell a home. Brian is the type of REALTOR that other agents come to when they need advice. I have been on his lending team for years and I've observed him in many different si...
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Lauren P.

From start to finish Pink Realty has been a wonderful company to work with. Sabrina has been the best REALTOR, she has gone over and above to bring my dreams to light. Her communication, diligence, and positive energy made buyi...
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Emily M. is an amazing REALTOR. When my other half and I first started out looking for houses, we worked with a brand new REALTOR through a different company. We were under contract on my dream home, but unfortunately some thin...
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Katie Jackson helped us find our perfect home in Colorado Springs. Pink Realty connected with us immediately, found us a wonderful place, and helped us through the move. Thanks for all the help!
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My experience with Pink Realty was fantastic. I can't recommend Wendy enough - she was high energy, motivated, communicative, and truly went above and beyond to sell my house quickly in a slower market. I trusted her to advocat...
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K R

Excellent͏ agent Bri was an excellent agent with outstanding patience, understanding, and the willingness to stay very consistent with everything going on, she was completely honest with everything, very hard working, she also ...
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Jessica Brown is AMAZING! We loved working with her. She has fantastic connections and will work to be your advocate through the entire process. She made our first home purchase a breeze and so special.
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Could not be more satisfied with our experience at Pink Realty. We were able to make what is typically a stressful and exhaustive experience a breeze with their immense help and expertise. Would highly encourage anyone to utili...
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Great team to work with! Very helpful with buying a home or finding a program that works for you. We were very pleased with our decision to use them for our needs. Julie Hobbs was very patient with us during this adventure and ...
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I got to work with Patricia Niemann as she was great really informative and great to work with.
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