Timeline for Selling a Home

in Canton, Plymouth, or Ann Arbor

Whether you're a first-timer or an experienced investor, selling a home is a pretty big deal. And while no real estate transaction is "one-size-fits-all," you'll always want to be prepared and know what to expect throughout the process.

Ready to get a head start on your next move? Here's an all-in-one timeline to help make selling your home easier than you might expect.

Before Listing Your Home

When it comes to selling your home, you'll want to do a little prep work in advance to ensure smooth sailing throughout the process.

2+ months out

Find an experienced local real estate agent

The right real estate agent can make or break your entire transaction, so it's worth spending some extra time finding the right fit. A qualified agent should be well-versed in the Canton area market, as well as your specific neighborhood. Be sure to interview a few candidates and ask them about their experience, marketing strategies, and pricing.

6 – 8 weeks out

Consider repairs and improvements

Even if your home seems move-in ready, your agent could have a few recommendations to help you increase your potential profits. Start out by taking care of any necessary repairs or maintenance tasks—you can also have a pre-listing inspection to avoid any surprises down the line. Don't forget to do a deep clean, as well as some quick and easy staging!

4 – 8 weeks out

Price it right

While it may be tempting to turn to an automatic online estimator to price your home, nobody knows the Canton, Plymouth, and Ann Arbor market better than a local agent. Your agent will compare your property to other recently sold listings to generate a competitive list price. You'll want to price high enough to capitalize on your equity, but low enough to attract buyers to your listing.

1 – 4 weeks out

Get your home ready

If you haven't staged your home and depersonalized your decor, now is the time to do so. You'll also want to declutter to make your space appear larger and cleaner. Work room by room, sorting belongings into keep, donate/sell, and throw away piles. If you still have a lot of extra stuff, try renting a storage unit until you move into your new place.

Listing Your Home

Now it's time for your home to officially hit the market! Here's what to expect as you wait for the right buyer.

Marketing

Reach the greatest number of buyers

Your agent will do all the hard work when it comes to marketing your home. Marketing a listing requires a multi-faceted approach, and a well-connected agent will use the MLS, social media, print advertising, open houses, and other tools to get buyers through the door.

Showing

Let buyers take a tour

If a buyer is serious about your home, they'll likely schedule an in-person tour. Before a showing, ensure your home is neat, organized, and fully staged. It's worth establishing a pre-showing routine, which includes everything from taking out the trash to making every bed.

Your home can be shown at any time, so be prepared to leave for extended periods of time. Staying in your home during a showing can be extremely off-putting to buyers!

Dealing with offers

Negotiate and accept an offer

If a buyer wants to buy your home, they will make you a written offer, which usually states how much they'll pay, their mortgage amount, closing and occupancy dates, and any contingencies. You can either accept the offer or negotiate for different terms. It's normal to go back and forth with your buyer, and your agent will represent you throughout negotiations.

The Closing Process

You're almost at the finish line! Here are the last few steps before you hand over your keys.

Due diligence

Cooperate with home inspections & appraisals

Most buyers will request an inspection to assess the condition of a home before they move in. During this process, a home inspector will go through every inch of your house, paying particular attention to the roof, basement, heating and cooling systems, structure, plumbing, and electrical. If the inspector finds any needed repairs, the buyer can negotiate for the costs of the repairs.

If your buyer is taking out a mortgage, they may also order an appraisal. An appraiser will inspect your home to ensure it's worth the proposed price before issuing the buyer a loan.

Waiting in escrow

Gather some paperwork

Next, you'll enter escrow. During this time, you and your agent will work with an escrow company to complete paperwork and ensure that all parts of the contract are complete. This is also when the buyer will perform a title search and final walkthrough.

Finally...the close!

Sign, collect & hand over your keys

You finally made it! Most sellers are able to sign their closing paperwork in advance, which makes the process even easier. On a pre-determined date, you'll sit down with your agent to complete any contracts, relinquish your keys and title, and pay off the remainder of your mortgage (if you have one). Congrats—you've just sold your home!

Ready to Sell Your Home in Canton?

No matter where you are in the home-selling process, I'd love to answer any of your questions and guide you to real estate success. Contact me, Sylvia Laman, for all of your Greater Ann Arbor selling needs—I look forward to getting you top dollar for your home in no time at all.

Need to buy after you sell? I can certainly help with that, too!

Let's Chat

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