Curious About the Basics of Selling Your Home? Bryan Nazor Gives the Lowdown
When it comes to figuring out how to sell your home, professionals like title and real estate closing expert Bryan Nazor and real estate professionals are an invaluable resource. A lot of people assume they already know everything about buying a selling a home, but especially if it is your first time (or you have not done it in a while), there are a few steps that must be done in order to make the process as smooth as possible. Bryan Nazor broke down the basics of selling a home so you don’t have to figure it out the timeline on your own.
The first step is to make the decision to sell your home and establish an asking price for it, Bryan Nazor said. A real estate agent can be helpful in setting your asking price. They are aware of the market value of the home and what similar homes typically sell for. However, if you are not comfortable with your real estate professional’s advice or suggestion, it is always an option to get a second opinion from another well-respected professional, Bryan Nazor said.
A real estate professional is well worth the investment, even though it is tempting to some to sell their home on their own. A real estate professional will require a commission on the house. A for-sale-by-owner arrangement can be complicated and requires much more of your personal time, Bryan Nazor said. He recommends newcomers to home selling utilize a real estate agent. People who do not have a great deal of time on their hands to be deeply involved in the process should also find a real estate professional, Bryan Nazor advised.
If you have a real estate professional, they will manage the marketing of the home and guide you in preparing the home to show potential buyers. Everything from signs in the front lawn to MLS listing will ensure that eyes get on your house and potential buyers come to see it.
When one of those prospective buyers makes you an offer on the house, you have the option to accept the proposed purchase price or to make a counteroffer to the buyer. When you are both able to reach an agreement on the price, your real estate professional will work with a title insurance agent like Bryan Nazor to draft the paperwork.
Then, the real estate professional will schedule a date for you to meet with the home buyer for the closing. The closing meeting is where the transaction is finally completed and ownership of the house is transferred to the buyer. After this, pop the champagne and pack your belongings up: you have officially sold your home!