Seller's Guide

A Step-by-Step Seller's Guide

Selling your home can be a stressful process, especially when you don’t know what to expect. Fortunately, with the help of Elevated Partnership LLC 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 a fair price.

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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 we understand your needs, we can better craft our offer. For example, if you need to sell quickly, or are in pre-foreclosure, or major repairs are needed you will want to price your home lower than if your goal is to make a certain profit margin. Understanding the condition of your home will allow us to adjust and formulate a fair all cash offer. 

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Step 2: Determine Selling Price

Knowing the true value of your home in its current condition is one of the most important parts of the selling process. When a fair price is set in the beginning, you’ll get the most interest from prospective buyers. Overpricing your home could lead to reduced interest. We will determine the right selling price for your home. Elevated Partnership LLC 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 we analyze the condition of your home, whether it will need a lipstick remodel, full gut remodel, any major repairs, debris clean up, or if its a complete tear down scrape and build, we will make you a fair cash offer, and if we agree to terms we place your home under contract. Closing usually takes about ten business days.

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Step 4: Develop a Marketing Strategy

If for any reason I decide to assign the home to a buyer, I will develop a marketing strategy that is perfect for advertising your home. This involves getting eyeballs to the home and then driving the right people to see the home through social media campaigns, investor-to-investor referrals, traditional media, or SEO advertising. My team creates a marketing campaign that aims to get the most possible traffic to my website in the first week.

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Step 5: Evaluate Offers

When we decide to buy your home, it is an exciting part of the process, but it doesn’t mean the journey is over. We will walk you through every step of the way and make sure there is full transparency and all legal documentation is in order. Our transaction coordinators will ensure that communication is ongoing and you are notified during every step of the process and monitor the purchase of your home until closing. 

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Step 6: Accept an Offer

Once you deem our offer is acceptable, we will review the purchase contract to make sure it’s all in order and includes the necessary components such as earnest deposit amount, escrow instructions with the title company, inspection rights, contingencies, closing date, and a list of fees and who will pay them. When both parties have agreed to the term, a final purchase contract will be prepared by Elevated Partnership LLC.

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Step 7: Get Ready to Close

You have accepted our offer and are now very close to the end of your selling journey. But first, we 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. 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, we 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 we 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. We 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 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.

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We pride ourselves in providing a personalized partnership that brings our sellers closer to their real estate goals and provide them with a seamless selling process.

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