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Wall Painting couple at home project

Seller's
Guide

how to sell your home

Set Your Goals

It is important to determine what you plan to accomplish when you sell. There isn't a one-size fits all answer to this question. Are you looking to downsize? Maybe you've outgrown your current home and need something larger. Change of scenery, city to suburbs or vice vera? Maybe you want to take advantage of the market and cash in on gained equity. Discuss your goals with your agent so they can best help you succeed to achieving them. 

family connecting to sell home together

Setting The Stage

Keeping a home clean and clutter free can be a full time job, not to mention 'show room' level ready. Don't sweat it just yet, embrace the positive. Decluttering is very helpful. If you're not sure, ask yourself "Is this highlighting the value of my home?" and remember not to focus on the things in your space but how the things make the space look and feel when you enter a room. Repairing that leaky faucet is a good idea, but are you overwhelmed with what the cost may be? Check out our Consierge program where we front you the cost of home improvements for no interest - not ever.

researching how to sell a home
Real Estate Team Radnor PA

Game Plan

It is important to determine what you plan to accomplish when selling your home. There isn't a one-size fits all answer to this question. Are you looking to downsize? Maybe you've outgrown your current home and need something larger. Change of scenery, city to suburbs or vice vera? Maybe you want to take advantage of the market and cash in on gained equity. Discuss your goals with your Compass agent so they can best help you succeed to achieving them. 

Going Live

The listing is broadcast on Compass.com and sent across our 100+ partner sites for the duration of the selling process including Zillow, Realtor.com, Homes.com and more. Exclusively for Compass clients, we offer Private Exclusive so you can sell your home and keep your privacy. Listing your home as a private exclusive allows you to control what information is shared about you and your home while still getting exposure to top agents at Compass.

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Spread the Word

The Compass marketing team produces beautiful print collateral to strategically showcase your property. Your agent develops and executes an intelligent, effective paid marketing

plan in relevant publications. Eye-catching property signs are produced and placed outside your property. Your agent continuously leverages professional contacts and the Compass Network Tool to find ideal buyer brokers. Open houses are hosted for both brokers and clients on

an ongoing basis.

Offers

We are starting to receive offers, maybe multiple at once. Depending on the marketing approach you could have 10 to consider all at once. There is much more to an offer than just the price. No offer is the same and having an agent to be able to outline the major differences by strengths and weaknesses. Together you will decide how to respond to the buyer in one of several ways: by accepting the offer, rejecting the offer, or making a counter offer.

Real estate agent Lower Merion
Business Colleagues

Escrow

Once a contract has been agreed to and signed by all parties, an escrow will be opened and the buyer’s contingency period will begin. Timelines for the completion of buyer and seller responsibilities will be listed in the purchase contract and adhered to in the escrow. Your Compass agent will keep a close eye on the timelines and ensure that you are in compliance with your responsibilities, while also holding the buyer’s side to task to keep the process moving.

Prepare to Close

Your Compass agent will monitor and coordinate all the details necessary to get you to the finish line. Once the buyer has performed their inspections, removed their contingencies, and the loan (if any) is ready to fund, your agent will arrange the final walk-through. At or near this time the escrow will close, payment will be made, and the keys will be handed over to the buyer.

philadelphia couple moving
home sales in lower merion

Final Paperwork

You've made it to the finish line, now you sign the final paperwork and usually meet with the buyer face-to-face somewhere like the Compass office.  Once you leave the room, you have officially sold your home. Wiring of funds will be completed and you can  take a deep breath send crack a smile because you have successfully completed the process.

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