Planning to sell your house in California? Our comprehensive guide breaks the process into 8 simple steps from finding an agent to finalizing the deal.
Follow these 8 steps to successfully sell your home in California:
Find a California Realtor
Selling a home in California is not easy. It's difficult to sell a house. It takes a lot of effort and expertise to attain a good result in this high-stakes, complex transaction. You need to select a top-rated selling agent in California if you want to minimize your stress and sell your California house for the highest price. The best California listing agents know the preferences of local buyers and how to interact with them. They will provide professional assistance, support, and advice at each stage, from the first listing through closing.
Decide When to Sell
When it comes to selling a home, timing is everything. Delaying the listing process by just one month could mean getting tens of thousands more for your property.
If your main goal is getting a high price for your house, it’s best to list in May or June. The median sale price throughout these months was $601,000. (respectively).
Set the Price of Your Home
Data is required to support your price choices. Your real estate agent can assist you in maximizing your earning potential through a comparative market analysis (CMA). They'll have thorough information on current and upcoming sales, as well as other comparable houses listed in your neighborhood.
Fielding Offers and Negotiations
Know that even if a buyer won’t bend on their sales price, there are other factors of the sale you can negotiate to make sure you get a better deal. Your realtor can advise you on whether making fewer repair concessions or agreeing to an inspection contingency would be beneficial in your situation.
Appraisal and Inspection
After executing a purchase agreement, the buyer will often want a home appraisal. Before agreeing to issue a loan, the majority of lenders want that the house is appraised, they want to make sure that the house is worth as much as the mortgage so that it may serve as enough collateral.
Paperwork and Disclosure
It's a good idea to be familiar with all the documentation you might need to close on your house. But, before you sign anything or file anything, always speak with your agent or attorney.
You should go through all the papers with a qualified specialist to make sure you have all you need.
Closing Process
It's time to finalize the deal once everyone has done what they were supposed to under the purchase agreement.
The buyer has the right to do a last tour of the property before closing to ensure that it is still in excellent condition and that all required repairs have been performed.
The Verification of Property will then start once both parties have signed the final documents. The county office receives this paperwork for filing. Final closing fees will be covered by both buyers and sellers at this time. If everything goes according to plan, the buyer will take possession of the house and you'll get paid.
