The Process of Selling Your Minnesota Home
You've Decided to Sell, but What's Next?
To begin, please don't feel overwhelmed. That's exactly why we're here! We will give you an overview of what to expect, but in person, we will go into more substantial information. We can set this in motion when you set up an appointment.
To Begin...
OUR FIRST MEETING
Our consultation process is by design and we have options on how to best accomplish this for the sake of your time efficiency and scheduling needs. Ideally, we like to set this up in 2 appointments.
Before we meet in person, most people will reach out with a phone call or email. We will have some questions to best understand your individual situation and then we will send over a brief questionnaire so we can go a little deeper and be fully prepared for our first meetings.
1. Short and simple. Ideally, the first meeting will be 10 mins or less. You will give us a quick tour of the home so you can point out any repairs/updates you want to discuss. This is a great time to share any information about your home. In addition, we will set a time to return in person (or a Zoom call could work too).
2. The 2nd appointment will take longer. We will share our suggestions for repairs and give you a priority list around this subject.
Most importantly, discuss pricing, marketing, and answer any questions you have about selling your home. We'll get to know you to understand your selling goals and explain the selling process so you know what to expect. We will come prepared with comparable property data to show you how much to list the property for and how long it should take to sell. You will never feel left in the dark when you work with us- we keep you in the loop so you know what's going on every step of the way.
By the end of this meeting (generally 90 mins), we will determine if we want to work together, create a timeline for your plans, and execute our listing agreement to set our partnership into motion.
We Make Your Listing Shine
Photographs, virtual tours, 3d walkthroughs and videos
Today's home buyers are armed with more information than ever. They tell their agents which homes they want to see - and they've already rejected listings with too few, or poor-quality photos. It is absolutely vital that your online listing has high-impact photos to make a lasting first impression and create a desire to see more.
Therefore we all go to work! On your side, you might be painting, or getting something cleaned or repaired. On our end, we bring out a staging consultant and she will give you advice on where to put furniture, art, and will simply be another set of eyes to give you an action plan. While we can also do this for you, this is a bonus service that we are happy to provide when desired.
Once you feel the home is clean, staged, de-cluttered, and ready for pictures...that will be exactly what we will do. We will verify measurements and take professional photos. This step helps us with social media and traditional marketing materials to boost your home sale.
We target our marketing strategy and resources to match where buyers are finding homes right now. The more places your property is marketed, the more buyers see your property, the faster it sells, period. We will market your listing with high-converting content in multiple places, including our website, home search portals, search engines, and social media sites.
Reviewing and Negotiating Offers
We will monitor showings, feedback and review offers with you.
Once you receive an offer, we set up a time to review all offers.
Negotiating skills are the most overlooked skill when choosing a Realtor and can cost you a lot of money. We are prepared to represent your fiduciary needs at the highest level.
When our clients receive multiple offers; we create a spreadsheet to break down the details of all terms (not just price) so you can see how they compare side-by-side. Every offer will need to be looked at closely and because we understand you do not necessarily look at contracts in your everyday life; we will explain the terms, how it may affect you, listen to your questions, and provide the answers you need to help you make the best decision.
Each offer will be carefully weighed against your goals and a response crafted to all buyer's agents. We work hard to develop stellar relationships with peers in our community. This is a real advantage for our clients so we can facilitate positive experiences for you, our future clients!
We are 'Under Contract'
What happens next is dependent on the property type and what was written in the contract. Inspections, obtaining HOA documents, the loan is getting processed, an appraisal is ordered, and title search we all go into motion after the purchase agreement is signed by both parties.
If there are negotations for modifying terms, repairs, credits this will happen during this time as well. This will require an update of paperwork if these items are agreed upon. We will make sure you are in complance and executed on time.
You will be securing your move-out plans and making sure the home will be cleaned prior to the buyer's final walk-through date. If you need resources, we are happy to share providers that can help.
In the state of Minnesota, typically a title company prepares the documents for the settlement. This can include the deed, lien waivers, specific power of attorney documents, and other tax-related forms pertaining to the sale of your home.
You will also work on transferring utilities out of your name and updating your insurance.
The title company will prepare the settlement documents (ALTA and seller CD) for us to review and confirm. Since COVID entered our life, sellers typically pre-sign any paperwork required and no longer go the closing table on closing day. We will make arrangements to leave behind any keys, etc for the new owner. Typically you will not meet the person buying your property.
The buyer's funds will arrive the day of closing and once confirmed, the ownership transfers. The title company records the sale with the county and they will make arrangements with you on how you want to handle the proceeds (wire, mail, pick up, etc).
And lastly- We will reach out to you with a special request to provide a glowing review of our services. We will send you a link to make it easy and hope that you will be willing to share the love and leave a 5-star review!
