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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.

Success Stories

I have bought and sold a house through Scott. Simply put, absolutely the most professional realtor I have dealt with, and he went above and beyond to ensure buying and selling were easy for my wife and me.

— Kevin M.

Success Stories

Scott was great to work with. He provided us with detailed knowledge of the pricing of the area we were moving out of, so we knew exactly where our house should be priced. We felt very comfortable with his abilities and never felt like we were out of the loop in the process. He answered his phone all day to ensure we knew what was going on and to answer any questions we had at the moment. Pulse provided ...

— Victoria L.

Success Stories

Scott is a dedicated, responsive agent. He worked diligently with us over the course of several weeks, ensuring that we were satisfied with the scope of options available to us. Our needs and wants evolved over the course of time, and Scott remained patient and understanding - always seeking to present us with the best properties and the widest variety of choices.

— Johnathan S.

Success Stories

Scott is great! he helped us a lot in buying our first home. He is very knowledgeable, always there, and responsive. He paid great attention to our needs and went out of his way at any time to find us what we were looking for. He did a great job in walking us through the process and was focused on making us happy and getting us what we wanted, and not just making a sale.

— Doc J.

Success Stories

Scott Coddington has been the very top-notch Realtor I have ever dealt with. He is incredibly knowledgeable, goes way out of his way to get info for you, works with you every step of the way, and has excellent communication skills and practices. Scott took the time to call me at each step of the process and brief me on what was coming next. I will definitely use Scott again, and I recommend him most highly!

— Bonnie P.

Success Stories

Scott is knowledgeable and hardworking. He is in the process of helping me find a home to buy. When you ask him for help or more information, he always responds to me very quickly. He is encouraging but not forceful and helps you find a home that is best for your needs and not what earns him the biggest commission. Buying or selling a home is one of the largest financial transactions in your lifetime, an...

— Buyer

Success Stories

Scott was wonderful working around our crazy schedule! He found us the perfect house and really made sure we got the best deal we could and were happy the whole way through. I've recommended him to friends and family alike and can't say enough for the way he works with military families. If we ever buy another home or sell this one, we will use Scott again for sure.

— Alex & Rebecca

Success Stories

Scott did an amazing job helping us sell our Falcon home. We were very impressed with his knowledge and success. He was always very responsive to all of our needs and made it so easy to get our home on the market and sold promptly.

— Seller

Success Stories

Great Realtor. Scott went out of his way to get many quotes in order to ensure I was happy with the home I purchased. If you want a realtor who is dependable and honest, Scott will definitely take care of you. I would recommend him to anyone.

— Buyer

Success Stories

We had a good experience with Scott Coddington, and would recommend him to other people who need a real estate agent to buy or sell a home.

— Buyer

Success Stories

Excellent experience buying and then selling 3 years later. We had to move for my job, we found this out over the holiday season so everything was a bit hectic, but Sarah came in, gave us a short list of items to address, had a packet together already on the 1st meeting with the market analysis all put together so we could decided what to list the house for, made the entire process easy so we could enjoy...

— Jason G.

Success Stories

Sarah is very friendly and dedicated to helping them find the perfect house. We asked her to show us a couple of houses we saw, and when we were discouraged with the houses that were in our price range, she went out of her way and found the perfect house for us. She is always making time for all the questions we have. She is awesome! We would recommend her to all our friends and family.

— Tammy M.

Success Stories

We had the best experience with Sarah. She made our first home-buying experience as stress-free as possible. Sarah was always available, honest, and professional. Every step of the way, we felt like Sarah truly had our best interests in mind, and her extensive realty experience was apparent. She communicated to us quickly and clearly throughout the entire process. There were never any surprises. After ou...

— Tasha P.

Success Stories

Sarah was great to work with as she helped us sell our old home and buy our new home. She really knows the real estate market and gave us good advice when we needed it, and helped answer any questions we had. I will be recommending her to friends and family for future real estate needs.

— Steve L.

Success Stories

We are celebrating our 1-year anniversary in our new home this month, and could not have done it without the expert care given by Sarah! She made the entire process fun and stress-free. Her knowledge and understanding made getting everything needed to sell our home and get a new one easy. I refer my friends and family to Sarah because she does such a great job, and she makes it feel like she is a friend ...

— Mike R.

Success Stories

Sarah is helpful, detailed, patient, and works in my best interest. I was looking for an investment, and we found a positive cash-flowing property. Thank you again, Sarah, for helping me with my purchase!

— Ryan M.

Success Stories

Sarah went above and beyond what any realtor should do! She really surprised us with her knowledge and willingness to work on our schedule. She really worked hard for us. I would and will recommend her and her business to anyone searching for a home or the sale of a home.

— Mark R.

Success Stories

We can’t say enough about what Sarah did for us during our home-buying process. We were relocating from Massachusetts to Colorado due to career advancement. We left behind a home of 20 years, so we obviously had established a specific living lifestyle. Having never been to Colorado, we not only had to find a home, but we had to find an area that best suited that lifestyle, our wants, and needs. Sarah was...

— Sue M.

Success Stories

We used Sarah to sell our house. Sarah was very informative and helpful. We sold in one week. I will use Sarah again if I ever need to buy or sell.

— Past Client

Success Stories

Sarah was very helpful and knowledgeable and made the process of selling my home go very smoothly. She was also extremely understanding of my time constraints with work and was very flexible and easy to get a hold of, almost any time I had any questions. I would highly recommend working with Sarah, and I plan on working with her again in any future sales or purchases.

— Past Client

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