Boise Home Selling Process
Selling a property for any reason can be nerve wracking. Showings, preparation, price, contract review, escrow. An overview of the Home Selling Process is the place to start.
- A decision to sell:
Once you have decided to sell and made the call to your Westerra real estate professional, there are many decisions to be made. A “listing” appointment will be set up to discuss your goals for the sale, staging hints, showing instructions, and the review of a comparative market analysis or “CMA” that your agent has prepared for you. The CMA shows the market activity (Sold, Active, Pending) in your area and specific property class. This will help you set a sale price that has a realistic opportunity to sell in the set amount of time you have agreed to list with Westerra. Once a sale price is set, your Westerra agent will propose a marketing plan that will detail how your property is exposed to the potential Buyers in your community and beyond on the Web. You will be asked to sign the “Agency Law in Idaho Brochure” or “Blue Brochure” that details the type of representation you may enter into with Westerra.
- You are ready to go to market:
Once the Exclusive Seller Representation Agreement and supporting contracts are signed, its time to get underway. One of Westerra’s exclusive signs will be placed on your property with a supporting flyer box. Your listing will be featured in the Intermountain MLS with ten full color professional quality photographs. Open houses where appropriate, will be scheduled, advertised, and executed. A few marketing tips for you:
- Be willing to show your home on the buyer’s time.
- Make arrangements to be away from your home during showing.
- Have personal items out of view. The less distraction, the easier it will be for potential buyers to picture themselves in the home, and the faster you will achieve the sale.
- Remove pets and pick up their waste before showings.
- Weekly cleaning and a pre-showing tidy-up will go a long way to present your home in the best possible light.
- Good smells can help make sales. Take out the garbage, burn candles, or bake cookies. This all helps to put Buyers at ease while viewing your home.
- You have an offer:
Once an offer is received, your Westerra agent will immediately contact you to discuss the details of the offer. Time is of the essence in real estate transactions, so quick and decisive action is required here. Typical courses of action here included, accepting the offer, making a counter offer, or rejecting the offer. Your agent will help you navigate through these important courses of action, to arrive at the decision you feel is most appropriate for your goals. Remember, this is your property and you must decide what is right for the goals you have set.
- The back and forth:
Once you have accepted your offer, the hard work begins for your agent. The contract that you have already signed, will dictate several contingencies that must be met prior to a successful closing. Remember, time is of the essence with real estate contracts, and there are very specific time frames that must be met during the Pending phase of your sale. At Westerra, our agents are highly skilled in the execution of the contract as it was stated when agreed to, so expect that we will be well prepared to meet all the contingency time frames and ensure a successful closing.
- Time to close:
Once all contingencies of the contract have been satisfied, it is time to move to the closing table. Typically the Buyer will have selected the title company they would like to work with and a singing appointment will be made for you by your agent. Plan on beginning your move to precede or coincide with the “closing date” as the property officially changes ownership with the recording and funding of the transaction by the title company. Once the transaction is officially closed, expect follow up from your Westerra agent. We want to ensure that you were happy with our service, would refer us to your friends and family, and will continue on as a valued client/partner in the future.