If you’ve ever been taken aback by the intricacy of the home buying process, you should take this as a fair warning that the selling part will not be any easier. However, on the plus side, the current decade has been the most lucrative to sell, as reported by CNN—and if you spend time learning about the whole process from beginning to end, you can easily sell your property and fetch a good sum.

The Property Selling Process Explained

If you’re fortunate enough to be in the process of selling a property, don’t rush it since you have enough time to be ready for the transaction. To start, know that the steps involved in selling a property are pretty similar to those that are part of the buying process. However, there are a lot of different processes and moving parts involved; if you can go back to when you bought your first property, you may even be able to reverse-engineer the process to get an idea of what it would look like for the seller.

Determine Why You Want To Sell

Before committing to the process, make sure you have a clear understanding of why you want to sell your property—this will help you determine whether or not you’re prepared to commit to the endeavor fully. To begin, analyze your present financial situation and compile a list of the non-negotiable terms, including the least acceptable offer and the required time period.

Research Market Trends

Before you decide to actually list your home for sale, research the current market conditions in your region. Ask yourself: is it a buyers’ or sellers’ market? If you have any wiggle room in your schedule, you should pay attention to signs that demand is growing. As a result, you’ll be able to sell it for a greater price, eventually providing you with more leverage during negotiations.

How to Sell a Property – Step-by-Step

• Prepare a list of the best agents in the market and sit down for an interview with top picks.
• Devise a marketing plan to find potential property buyers—those who would bid higher.
• Give your property a makeover to attract new, potential buyers looking for a fresh face.
• Join hands with a listing agent and prepare for private showings and public open houses.
• Once you reach the purchase agreement, wait out the escrow period (30-60 days).
• Help out with the property inspection and prepare to move out after the final closing.

Whether you’re going through a foreclosure, need to sell the property fast and liquidate, or just can’t sell your property at all—At SellMyBuildings, we make that happen. We’re a family-owned business based out of Florida, buying both commercial and residential properties nationwide. We are unique in the market because we practice complete transparency, which means no hidden costs, fees, or conditions. For more service-related information, visit www.sellmybuildings.com.