Buying and selling a home on your own can be difficult to do in just about any market. Arranging timelines and handling all of the logistics of buying and selling can be overwhelming, even to the most organized homeowner.
If you’re looking to sell your current home and purchase a new house, here’s everything you need to know.
Find a Seller’s Agent
To first thing you’ll want to do is find an experienced seller’s agent. While a listing agent will help you list your home on the MLS, a full-service real estate agent will help sell your home as quickly as possible.
An experienced agent will be able to guide you through all of the steps in the selling process — from listing your home to closing. Here’s what you can expect from partnering with an agent to sell your home.
Listing and Marketing
A great agent will help you list and market your home. This not only includes listing your home in the MLS, but also doing a comparative market analysis to determine the right listing price for your home. You want to list your home for the best possible price to ensure it moves quickly. If you list it for too low a price, you could lose out on profit, but if you list it too high, it could take much longer to sell.
An agent will also help market your home online(like Zillow and Trulia) and write a compelling listing narrative that focuses on the best features of your home. You don’t even have to worry about the for sale signs outside of your house — your agent is there to help with those, too.
Staging and Photography
Great photographs can help sell a home and attract a large number of interested buyers. Your real estate agent can help you professionally stage and prep your home for photography or a virtual walkthrough. Since agents have a great understanding of the market, they can help you determine the right style and amount of furniture to leave in each room.
An agent will also take care of handling photography for your listing and can set up a virtual tour to help your house sell even more quickly.
Can’t make it to a showing because you’re viewing another prospective home to buy? With an agent, you can relax, set your own schedule, and never worry about scheduling a single showing. Your agent can provide a lockbox to show your home while you’re out of the house and hold open houses without you needing to be there.
Offers, Negotiations, and Inspection
Once offers start rolling in, your agent can help you sift through them and make the best decision for your financial situation. They can also help you negotiate and work through counter offers. A great Realtor will guide you through the hefty paperwork that comes into play at this point.
When it’s time for inspection, your agent can be there to offer advice on your results and negotiate on your behalf with the buyer’s agent.
Your real estate agent will stay with you all the way through closing, helping you navigate through any questions and final paperwork. Clever works with top agencies across major brands and can help match you with a local agent.
Plus, if you partner with a Clever Partner Agent, you’ll receive all of these services for only $3,000 or 1% for homes over $350,000.
Find a Buyer’s Agent
Depending on where you’re looking for a home, you might be able to use the same agent selling your home to help you purchase a new one. If you’re moving to a new city, you’ll likely need to search for another agent — a buyer’s agent. Luckily, Clever has connections all over the country and can match you up with the right agent, quickly.
A buyer’s agent will help take some of the stress out of the buying process. Here’s what you can expect from a qualified buyer’s agent.
If you’re just starting out and applying for financing, a buyer’s agent can help walk you through your options and give recommendations. Once you’re approved, they can even help you figure out your home shopping budget, based on your approval amount.
House Listing and Showings
Your agent will send you houses that meet your criteria and even set up a search in the MLS to email you updated listings as frequently as you’d like. In addition, they’ll help arrange showings for homes you like and guide you through the home, while acting on your behalf with the listing agent.
Offers, Negotiations, and Inspection
Just as your seller’s agent will help during this step of your process, a buyer’s agent will do the same, bringing your offer to the listing agent of the house you’re interested in. From there, your buyer’s agent will negotiate on your behalf and can offer helpful advice if you have any questions about adjusting your offer. They’ll even help you set up an escrow account once your offer is accepted.
Your buyer’s agent will also walk you through the inspection report to help you come up with an agreeable counteroffer (if needed).
At closing, not only will your buyer help finalize the last steps of the buying process, they may also offer a home buyer rebate. Partner Agents already agree to provide buyers with a commission rebate of up to 1%, putting more cash back in your pocket.