Selling your home is a big decision and should be done with care to get you the best possible value for your property. Here’s a step-by-step guide to the home selling process in South Carolina to help you achieve success.
Hire a real estate agent
Working with an agent offers tremendous benefits. With their network and access to major listing sites, the agent can reach more potential buyers that you could on your own. The agent’s expertise in pricing homes and negotiations will also be invaluable to helping you achieve the best possible sale.
Price your home
With the help of your agent, determine the right listing price for your home. Consider previous sales of similar homes in your area, as well as market conditions.
Develop a marketing plan
Together with your agent, come up with a marketing plan for your home, including listing the property in the proper listing sites, advertising in real estate publications, networking, putting up a “For Sale” sign and other strategies.
Prepare a Real Estate Disclosure
A Real Estate Disclosure is required in South Carolina, detailing the condition of your home and important components, such as the roof, foundations, heating source, electrical systems, pest and termite problems, legal issues and others.
Prepare your home
Go through your property with your agent, and decide where and how improvements may be made to enhance its appeal and value. Consider home staging to make your home more attractive to buyers.
Once you receive offers, decide to reject, accept or make a counter-offer. Making a counter-offer is often the best move, as it leaves room for a better price and better terms.
Accept an offer
To accept an offer, you must sign a purchase agreement detailing the terms of the offer, including the price and contingencies. Notify the buyer of your acceptance.
Go through escrow
Escrow will be opened once the purchase agreement is signed, and will close once funding is released for the purchase and all contingencies are met. Provide the buyer with the deed, clear title, and other transfer documents.