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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.​​​​​​​

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

Our Testimonials

See why our clients love working with us
Louis C.

Louis C.

Todd is an outstanding agent that is very knowledgeable about the New Milford, CT market area. He worked very hard to get this property sold quickly. He provided feedback as to the showings on the home. He did a great job follo...
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Choppens

Choppens

Todd is easy to work with and kept me informed and up to date on any and all developments in the selling process. Todd proved to be an excellent negotiator and looks out for his clients welfare.
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Seller

Seller

Great to work with .very persistant If this guy could sell me a house he could sell anybody a house. he never gave up when it came to finding me a house.best realtor i ever worked with. Became a good friend
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Courtney S.

Courtney S.

Todd is the consummate professional. He was with me every step of the way when I bought my home, and sold it 8 years later. He know the New Milford market very well. I highly recommend Todd without hesitation
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Buyer & Seller

Buyer & Seller

Todd actually helped me both buy my new home and sell my existing one. Starting with the new home, this was a Fannie Mae foreclosure property with VA financing. Todd was very upfront about what he knew and didn't know regarding...
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Buyer

Buyer

We have known Todd since '06 and he has helped us buy, rent and sell our New Milford home and he has been the best agent we have ever worked with and we have bought and sold properties in NYC and Boston. He is honest, hard work...
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Sims L.

Sims L.

An absolute pleasure working with Todd. The sale was long, complicated and at some points tedious, Todd was always there with information and advice. I would highly recommend him to anyone looking to buy or sell. Thanks Todd!
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Seller

Seller

I found Todd to be a professional, he was concise and to the point. There were no ridiculous promises, he was honest and we knew where would stood. I find this kind of directness and honesty essential when representation and tr...
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Houng N.

Houng N.

I can't say enough how wonderful to work with Todd as my seller agent! He is very reliable person. His knowledge, responsive and honestly are just a few qualities that i could names. He worked very hard, did all his homework to...
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Buyer & Seller

Buyer & Seller

We worked with Todd in 2005 when we made our first purchase and again in 2019 for one reason, he is an excellent realtor and the person you want on your team when you are either selling or purchasing a home. He is extremely kno...
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