How to Sell a Home in Newport Beach

How to Sell Your Home

Selling your Newport Beach Home

 You have decided to sell your Newport Beach home, and there are many considerations to take into account with the sale of the home.

Timing

The first consideration is your timing: when are you planning on moving; do your children need to be in a certain area by a certain time frame to begin school; is there is a new career beginning? These are just a few things to think about when you are going to be selling your home.

Hire Your Realtor

One of the most important considerations when selling your home is selecting your Realtor.

When you are considering hiring a Real Estate agent professional, what criteria do you consider when you are selecting that Real Estate Agent.  Do you talk to friends and family about who they used? A referral is always a good way to find a Realtor. Are you looking for a neighborhood specialist?  Are you considering hiring a relative out of obligation . . .

Keep in mind, it is a business transaction from start to finish. Although it can be emotional when purchasing or selling a home, an experienced Real Estate agent can guide you through the process. You can always Google your neighborhood for the neighborhood specialist.

Do Your Research

It is imperative to do your research. Make sure that you talk to your friends and family for a good referral. Inquire about the experience. When you called to speak to the Realtor you are considering, did they return your phone calls in a timely manner? Inquire about how they will communicate their marketing activities to you if you are selling. Real Estate transactions are a two-way process. It is important for the Real Estate agent to adapt to their client’s expectations . . . some may prefer to receive communication via email or text, or weekly phone calls. These are all important considerations. Try and establish the parameters, in the beginning, to avoid any misunderstandings once you are working together.

Importance of Marketing

Another consideration is how your Realtor going to market your home. What is important to you as a Newport Beach home seller? Did your Realtor provide a detailed marketing plan? What is in the plan, are there press releases, open houses, and an important consideration in today's times is internet presence. That should be part of any professional in today's market.

Prepare Your Home to Sell

Once you have selected your Realtor, then it is important to prepare your home to sell. Listen to your the advice of your Real Estate professional on how your property will be shown to prospective agents, and buyers. Having a neat and orderly home, and provide some touch-up and maintenance items before listing it for sale.

The Realtor will put the listing in the MLS as this gives it the most amount of exposure.

Once you receive an offer on the property, your Realtor will present it to you, and you will decide if the terms of the offer are acceptable, or if you want to counter any of the terms. For example, some of the terms may include the length of escrow, contingency period, amount of earnest deposit, amount of down payment, loan terms (if applicable) and purchase price.

Once you have reached an agreement, then your Realtor will open Escrow. The buyers will deposit their earnest money into escrow, and the Escrow company is the neutral holding party.

Home Inspection

Typically, the buyers will have their inspections done including a home inspection. The licensed home inspector inspects the home and provides a detailed home inspection report to the buyer. After this step, the buyers may have a Request for Repair. These are all negotiable items.

The inspections occur during the contingency period. In California, the language defaults to 17 days, however that can be changed and is a negotiable item.

Your Realtor is also responsible for ordering the termite inspection and any repairs, as this may be a condition of purchase and the buyer's loan.

If I can answer any questions about the selling process, please contact me.

For a complimentary home valuation, please fill out the form below:

Summary
Article Name
Selling Your Newport Beach Home
Description
There are many criteria to consider with the sale of your Newport Beach home. Find information and tips about selling your Newport Beach home.
Author

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

ABOUT ME

Sharon Paxson is a full-time REALTOR® with Compass and has been specializing in residential real estate throughout the Newport Beach area since 2005 assisting Buyer’s, Seller’s, Landlords and Tenants with their real estate needs.

If you are thinking about buying, selling or renting your home, condo or other Real Estate in the following areas including Newport Beach, Newport Coast, Corona del Mar, Huntington Beach there are thousands of Realtors to choose from. However, it doesn't cost you any more to work with a top Newport Beach CA Realtor. We welcome the opportunity to show you how we get outstanding real estate results with specific and targeted marketing. If you are looking for a top real estate agent who will make a difference you have come to the right place. Use this real estate website to learn about communities and homes for sale.

REAL ESTATE BROKERAGE SERVICES

  • Newport Beach Homes for Sale/Sharon Paxson®
  • Newport Beach area buyers, sellers, renters
  • 520 Newport Center Drive Suite 330
    Newport BeachCA 92660
  • 949-280-0681 | DRE 01501912

DISCLAIMER

DISCLAIMER: All information, photographs & content contained on this site is the property of Sharon Paxson. You must obtain written permission from Sharon Paxson if you would like to use any of this content contained herein. Opinions expressed are those of Sharon Paxson and may not necessarily be opinions of past and present brokers. Articles may be time and date sensitive. All statistical information utilized to create market reports has been obtained from the CRMLS. Information Deemed Reliable but not Guaranteed.

Copyright © 2019 Newport Beach Real Estate

Scroll to Top