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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.

Success Stories

Testimonials

Read what my clients have to say about working with me.

"God's timing is perfect, and he always puts the right people in your path to achieving your dreams! As a single mother, my greatest wish was to own my own home, a place to continue creating memories with my son. After more than 20 years of paying rent, I had the blessing of meeting Fredy Peñaranda, who explained the process to me in detail. He and his friendly team were attentive every step of the way, always patiently searching for the best option for me. We submitted the application, and incredibly, two months after starting, we closed on my newly built home yesterday. Thank you, Fredy and your team. May God bless you as you continue helping more families achieve their dreams."
"God's timing is perfect, and he always puts the right people in your path to achieving your dreams! As a single mother, my greatest wish was to own my own home, a place to continue creating memories with my son. After more than 20 years of paying rent, I had the blessing of meeting Fredy Peñaranda, who explained the process to me in detail. He and his friendly team were attentive every step of the way, always patiently searching for the best option for me. We submitted the application, and incredibly, two months after starting, we closed on my newly built home yesterday. Thank you, Fredy and your team. May God bless you as you continue helping more families achieve their dreams."
Nashelli
"Fredy has helped us buy and sell our home in the places we've moved to around Texas. Midland, Dallas, and now Houston. He has always helped us make the best decision; his service is excellent and very personable. I'm grateful to Fredy for always being there for us during our home-buying process and now for having our dream home in Houston!"
"Fredy has helped us buy and sell our home in the places we've moved to around Texas. Midland, Dallas, and now Houston. He has always helped us make the best decision; his service is excellent and very personable. I'm grateful to Fredy for always being there for us during our home-buying process and now for having our dream home in Houston!"
Liz
"Fredy was a pleasure to work with and sold my house fast! I had already attempted to sell with a different agent and barely had any showings. As soon as I started working with Freddy, we had many showings and things moved much faster."
"Fredy was a pleasure to work with and sold my house fast! I had already attempted to sell with a different agent and barely had any showings. As soon as I started working with Freddy, we had many showings and things moved much faster."
Delma
"Fredy not only takes care of any challenge when it comes to buy a property but also goes the extra mile to make sure anything is else taking care. I personally bought 3 properties with Fredy. Best realtor in town, in my opinion."
"Fredy not only takes care of any challenge when it comes to buy a property but also goes the extra mile to make sure anything is else taking care. I personally bought 3 properties with Fredy. Best realtor in town, in my opinion."
Juan C.
"Fredy not only takes care of any challenge when it comes to buy a property but also goes the extra mile to make sure anything is else taking care. I personally bought 3 properties with Fredy. Best realtor in town, in my opinion."
"Fredy not only takes care of any challenge when it comes to buy a property but also goes the extra mile to make sure anything is else taking care. I personally bought 3 properties with Fredy. Best realtor in town, in my opinion."
Arlex
"I highly recommend Fredy for any of your realtor needs! From start to finish, Fredy was exceptional and the ideal realtor for me! He helped me step-by-step from the very beginning and made the entire process seamless. Starting by helping me get pre-qualified, all the way to closing on my new home. I also appreciate that he stayed in constant communication with me to give me updates throughout the building process. Thank you, Fredy, for all of your help!"
"I highly recommend Fredy for any of your realtor needs! From start to finish, Fredy was exceptional and the ideal realtor for me! He helped me step-by-step from the very beginning and made the entire process seamless. Starting by helping me get pre-qualified, all the way to closing on my new home. I also appreciate that he stayed in constant communication with me to give me updates throughout the building process. Thank you, Fredy, for all of your help!"
Lina
"We had an absolutely fantastic experience with Fredy, helping us throughout the process of getting our house. He went above and beyond to make everything smooth, and their expertise was invaluable throughout it. Communication was seamless, and he made the entire home-buying journey a breeze. I highly recommend his services for anyone in need of a dedicated and knowledgeable realtor. Five stars!"
"We had an absolutely fantastic experience with Fredy, helping us throughout the process of getting our house. He went above and beyond to make everything smooth, and their expertise was invaluable throughout it. Communication was seamless, and he made the entire home-buying journey a breeze. I highly recommend his services for anyone in need of a dedicated and knowledgeable realtor. Five stars!"
Juan
"Thank you, Fredy, for all you did for me and my family. You and your team went above and beyond in your service. Closed in the sell of our house and the purchase of our new home that same day! You are a gem in the real estate business. Recommend 100%."
"Thank you, Fredy, for all you did for me and my family. You and your team went above and beyond in your service. Closed in the sell of our house and the purchase of our new home that same day! You are a gem in the real estate business. Recommend 100%."
Job
"Fredy was an excellent realtor to work with. He was extremely helpful and always communicative throughout the entire process, making sure every question was answered and every step was clear. He was also very personable, which made the experience feel comfortable and stress-free. I truly appreciated his professionalism and dedication. I highly recommend working with him!"
"Fredy was an excellent realtor to work with. He was extremely helpful and always communicative throughout the entire process, making sure every question was answered and every step was clear. He was also very personable, which made the experience feel comfortable and stress-free. I truly appreciated his professionalism and dedication. I highly recommend working with him!"
Coral
"Fredy was an excellent realtor to work with. He was extremely helpful and always communicative throughout the entire process, making sure every question was answered and every step was clear. He was also very personable, which made the experience feel comfortable and stress-free. I truly appreciated his professionalism and dedication. I highly recommend working with him!"
"Fredy was an excellent realtor to work with. He was extremely helpful and always communicative throughout the entire process, making sure every question was answered and every step was clear. He was also very personable, which made the experience feel comfortable and stress-free. I truly appreciated his professionalism and dedication. I highly recommend working with him!"
Jimmy
"God never makes mistakes when it comes to putting wonderful people in our lives. We are so grateful to Fredy for all his kindness and support in helping us buy our first house. He was always incredibly attentive to our needs and answered every question we had. Thank you, Fredy, for everything! May God continue to bless you."
"God never makes mistakes when it comes to putting wonderful people in our lives. We are so grateful to Fredy for all his kindness and support in helping us buy our first house. He was always incredibly attentive to our needs and answered every question we had. Thank you, Fredy, for everything! May God continue to bless you."
Blanca
"I am so grateful to God for giving me the opportunity to meet Fredy through YouTube. I watched all his videos, and he helped me tremendously in buying my first house. I didn't go in blind; I knew what to do next, step by step, because I was already knowledgeable and prepared. Thank you so much, Fredy, and your entire team, for giving your time to help the Hispanic community. Yes, it can be done! God bless you all."
"I am so grateful to God for giving me the opportunity to meet Fredy through YouTube. I watched all his videos, and he helped me tremendously in buying my first house. I didn't go in blind; I knew what to do next, step by step, because I was already knowledgeable and prepared. Thank you so much, Fredy, and your entire team, for giving your time to help the Hispanic community. Yes, it can be done! God bless you all."
Martha
"Being a good realtor isn't just about selling a lot of houses, but about providing quality service to every client, just like in any business. They definitely have that extra something. Fredy and his entire team work hard to give you all the support and time you need to get exactly what you want and need. They're super professional. Furthermore, their teamwork with Chase perfectly complements the entire process and makes the buyer's experience super cool! Thank you so much for your great job!"
"Being a good realtor isn't just about selling a lot of houses, but about providing quality service to every client, just like in any business. They definitely have that extra something. Fredy and his entire team work hard to give you all the support and time you need to get exactly what you want and need. They're super professional. Furthermore, their teamwork with Chase perfectly complements the entire process and makes the buyer's experience super cool! Thank you so much for your great job!"
Mariana
"We are very grateful to Fredy Peñaranda for helping us sell our house. Communication was always good. They were attentive throughout, highly recommended, great work! Thank you so much! Very professional. I made a good choice choosing them!"
"We are very grateful to Fredy Peñaranda for helping us sell our house. Communication was always good. They were attentive throughout, highly recommended, great work! Thank you so much! Very professional. I made a good choice choosing them!"
Emy
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