Accepting an Offer
The Price Is Not Always Right
While the highest price is certainly an important factor when considering an offer on your property, it's not always the only determining factor. The initial offer is usually negotiable, and there are many terms and conditions that can impact the final price. Trust our professionals to help you evaluate offers and choose the best one for your needs, taking into account factors such as the buyer's ability to secure financing, the terms of the sale, and any contingencies included in the offer. We will work with you to identify the best buyer for your property and help you negotiate the best deal possible.
Negotiating To Win
As real estate professionals, we have an ethical obligation to negotiate contracts fairly. Our priority is always our clients, and we work to help you make the best decision when evaluating offers on your property. We are committed to keeping the buyer engaged throughout the process and will work with you to find the right balance between getting the best price for your property and ensuring a smooth and successful sale.
The Initial Agreement and Deposit
Once you and the buyer have agreed on the terms of the sale, you will both sign the initial contract, also known as the Purchase Agreement. The buyer will typically place a deposit in an escrow account, which is managed by a neutral third party such as a title company or attorney. The escrow agent holds, receives, and distributes all funds associated with the sale of your property until the closing date.
Laws vary by state, but in many cases, a legally binding agreement may require considerations, which are typically deposits from the buyer held in escrow pending the fulfillment of contingencies or conditions outlined in the Purchase Agreement. These contingencies may include things like the completion of inspections or the securing of financing.
To make the process of selling your property as smooth and efficient as possible, here are a few important tips to keep in mind:
- Keep written records of everything. This includes counter-offers, verbal agreements, and addendums. Ensure that both parties sign these documents to ensure they are legally binding. Our agents will help you draft and keep copies of all written records.
- Stay on schedule. You and the buyer will typically be given a timeline to complete any contingencies outlined in the Purchase Agreement. Meeting these requirements on time helps to ensure a more productive negotiation period and can prevent either party from breaching the contract. Our agents will keep you informed of the progress of the sale and help you prepare for each step.
- Stay organized. Keeping your documents and records organized can streamline the process and make it less stressful. Our agents will work with you to ensure that everything is in order and that you are prepared for each step of the sale.
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Tips For Selling
Give your house a deep clean
The first impression of a home is crucial, so it's important to take the time to thoroughly clean your home before listing it. This includes wiping down surfaces, mopping floors, cleaning toilets and bathrooms, and refreshing rugs. Consider hiring professionals to ensure your home is in the best condition possible. A clean home will appeal to buyers and help you secure a better price for your property.
Declutter the home
A cluttered home can distract potential buyers and make it difficult for them to envision themselves living in the space. By decluttering and organizing your home, you can create a more inviting environment that allows buyers to focus on the property rather than being overwhelmed by your personal belongings. This can increase the appeal of your home and make it more attractive to potential buyers.
Call a Handyman
To increase the appeal of your home to potential buyers, it's important to address any necessary repairs before listing it. Taking care of necessary repairs can show buyers that you have maintained the property and can give them more confidence in the home's condition. Addressing any issues beforehand can create a more positive impression and potentially secure a better price for your property.
Paint the Walls
Updating the paint in your home can do wonders to freshen up the space and make it more appealing to potential buyers. Choosing a neutral color palette throughout the house can help buyers to more easily envision their belongings in the space rather than being distracted by bold or outdated colors. By keeping the color scheme neutral, you can increase the appeal of your home and make it more attractive to potential buyers.
Increase Your Curb Appeal
The outside aesthetic of your home is just important as the inside. Give buyers a good feeling before they even open the front door. Landscaping, mulching, flowers, pressure washing the driveway and exterior of the home are all simple ways to increase the value of your home.
Stage your Home
Homes staged with furniture tend to sell more quickly because they feel more inviting and homely. If you have neutral furniture that you can leave in the home, it can enhance the appeal of the space. If you don't have the necessary furniture, consider hiring a professional staging company to help create a cohesive and welcoming look. This can increase the appeal of your home to potential buyers and lead to a quicker sale.
Depersonalize your Home
While it can be helpful to leave a few tasteful, framed photos around the house to create a welcoming atmosphere, removing personal items such as family photos is generally a good idea. This allows potential buyers to more easily envision themselves living in the space and can help them to feel more connected to the home. By removing your personal items, you can create a more neutral environment that allows buyers to picture their belongings in the space easily.
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Areas We Serve
Don’t see your neighborhood? These are just a few cities and communities we offer management services to. Contact us if you don’t see yours; we are always looking to expand!
- Murfreesboro
- Christiana
- La Vergne
- Smyrna
- Antioch
- Nashville
- Leanna
- Lebanon
- Florence
- Lascassas
- Rockvale