Leave a

Thank you for your message. We will be in touch with you shortly.

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 agent 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.​​​​​​​

main

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 real estate agent once you choose one so he or she can adjust your selling price accordingly.

main

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 real estate agent is the best way to determine the right selling price for your home. An agent with experience can determine what other comparable homes are selling for, evaluate the current market, and may even suggest a home appraisal.

main

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.

main

Step 4: Develop a Marketing Strategy

I 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. My 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.

main

Step 5: Evaluate Offers

Receiving an offer is an exciting part of the process, but it doesn’t mean the journey is over. I 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.

main

Step 6: Accept an Offer

Once I deem the offer is acceptable, I 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 agent.

main

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. I 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, I 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.

main

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. I 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 real estate agent 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.

What Our Client Says

Buyer

Buyer

A couple of years ago, my family and I were searching for a place to call home. We went through a two of real estate agents who were too concerned about their own well-being. It seemed they were always trying to push their own ...
Read More
Buyer

Buyer

I have worked with Eric for years whether it was buying a house or refinancing my home. I have been nothing but satisfied and recommend him to everyone I come across that is in need of a good realtor and an honest businessman.
Read More
Kathleen B.

Kathleen B.

Working with Eric was very smooth and easy. He did a wonderful job in helping us sell our rental condo in record time. He was helpful from beginning to end including getting us an excellent price. I would highly recommend him t...
Read More
Seller

Seller

I have been working with Eric Vaca for a few years now. Eric is knowledgeable, professional, and an expert at Real Estate Purchase transactions and home loans. He is dedicated to making sure transactions close on time and buyer...
Read More
Buyer

Buyer

If you are looking for a highly professional Real Estate Broker, definitely give Eric Vaca a call. He was referred to us by another satisfied client, and he helped us through two closings on two separate properties. He is knowl...
Read More
Seller

Seller

I have worked with Eric for over 10 years. I have purchased, sold and financed many properties through Eric. He sold me my first owner occupied property and we just closed our 9th investment transaction together last year. Eric...
Read More
J S

J S

Eric Vaca is an extremely knowledgeable, professional, and hard-working agent. He knows the city very well through his years of experience and worked day and night to help us find the perfect place. He knew the answer to nearly...
Read More
Buyer

Buyer

Mr. Vaca was great; he helped us refinance our home. He was very thorough and always returned our calls in a timely manner. We highly recommend Mr. Vaca
Read More
Buyer & Seller

Buyer & Seller

Eric is pleasant, energetic, honest, and very hard-working. The best experience I've had in my several transactions. He sold my home near downtown and helped me buy a home in the Scripps Ranch area. I would definitely recommend...
Read More
Buyer

Buyer

Eric is a professional in every sense of the word. As first-time home buyers, we really had no idea where to start. We were referred to Eric, and we met with him to discuss loan options, types of properties that we were interes...
Read More
Buyer

Buyer

Eric helped me with a refinance of my home. He was always Professional and friendly. I referred my sister, and we were both well cared for, and Eric knows his stuff! He had the paperwork done on time and was always quick to ans...
Read More
Melissa R.

Melissa R.

Eric went above and beyond our expectations when buying and selling our home. Any issues or problems that had happened were dealt with in a professional timely manner. Eric is the only realtor I recommend to any friends and fam...
Read More
Buyer

Buyer

After having a horrible experience with our prior home loan / broker, my husband and I interviewed 3 different mortgage brokers before deciding to go with Eric. He was the most knowledgeable, honest and responsive person we tal...
Read More
Karla L.

Karla L.

Eric Vaca and his team were the best! This is our 4th time purchasing a home, and this time, I was way more critical and had zero time to waste. I felt a genuine vested interest from Eric in making sure we got the best home for...
Read More
Jill H.

Jill H.

Eric was extremely knowledgeable and ensured a seamless transaction during the purchase of our home. He was very attentive to our needs to make sure we found the perfect home. When we found the perfect home, he was very informa...
Read More
Matt N.

Matt N.

We had Eric help us both sell our old house and concurrently buy our new one. Eric is a very effective, efficient realtor in every way. He is straightforward and honest. He is a man of his word. He helped us through the selling...
Read More
Patty H.

Patty H.

Eric Vaca helped us find the house of our dreams. We had the most positive experience buying our home because Eric is helpful, professional, and very dedicated. He helped us throughout the whole home-buying process. Eric always...
Read More
Buyer

Buyer

The process was quick. Eric was patient and attentive to our needs and was knowledgeable. He made us feel comfortable with our purchase and he was very trusting.
Read More
Eric M.

Eric M.

I have worked with Eric multiple times over the past 4 years. He has assisted me each time with the utmost professionalism and care. He takes the time to make sure I understand the important aspects of my loan, and I always kno...
Read More
Buyer

Buyer

Eric by far exceeded our expectations in helping us find our first home. He is very knowledgeable, sincere, and honest, and was always available to answer any questions we had. We are truly grateful that we chose him to work wi...
Read More

How much is your Santa Monica home worth?

  • Instant property valuation
  • Expert advice
  • Sell for more

Work

Get assistance in determining current property value, crafting a competitive offer, writing and negotiating a contract, and much more. Contact us today.

Follow Us on Instagram