Consider what is happening in the broader market and what is best for your particular situation. Also decide if you are better off buying a new home before or after you sell your current home.
Your agent will be in charge of advertising, showing and completing the legal requirements of selling your property, so choose carefully. You and your agent will work out a plan for listing, showing and selling your property.
This legally binding contract will detail any commissions, the estimated sale price, duration of the agreement, advertising costs, process and much much more.
This generally involves photographing your property, drawing up floor plans and writing your online ads.
Prospective buyers will contact your agent and arrange times to view your property, or attend your open homes.
Your agent will auction your property or mediate between you and buyers to reach a mutually acceptable price. The buyer will then pay a deposit.
Both seller and buyer’s lawyers and banks will work out the details of the sale to ensure both parties meet all legal and financial requirements.
All going to plan, you’ll relinquish the keys and legal rights to your property in exchange for the balance of payment from the buyer or their bank. Congratulations, you have sold your home!
It may seem like the closing process is a lot of work, but perhaps the worst part is the waiting. Most of the time, you'll just be sitting on your hands, waiting for someone else involved in the transaction to come through. So find something enjoyable to occupy your time and distract you while you wait, and feel secure in the knowledge that you've done your research and know how to make your closing process go smoothly.