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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, we 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.

WHAT MY CLIENTS SAY

Marc is such a knowledgeable agent and it was such a great experience to work with him.

— Dylan H.

WHAT MY CLIENTS SAY

Marc helped my girlfriend and I navigate through the real estate market and ultimately helping us purchase a terrific condo. Thanks again, Marc - we love it!

— Buyer

WHAT MY CLIENTS SAY

Marc was wonderful! He positioned our house in an excellent manner, was extremely proactive and responsive, and moved the process along extremely fast. I will definitely work with Marc again!

— Seller

WHAT MY CLIENTS SAY

Our family cannot say enough good things about Marc Tessitore! He sold our home at a good price in record timing. He is courteous, professional and knowledgeable. He commits himself 150% to his clients. We highly recommend him!

— Seller

WHAT MY CLIENTS SAY

From start to finish, Marc is with you the whole way. Over the past few years he has helped me evaluate and purchase multiple investment properties as well as finding great tenants. I have every intention of using him as my realtor going forward and would recommend him to everyone.

— Buyer

WHAT MY CLIENTS SAY

Marc is a phenomenal agent to work with. He took the time to listen to really understand me and where I was at in the search process. Every home we saw was right in line with what I was looking for. Additionally, he goes above and beyond to make the home buying process as easy and seamless as it can possibly be. If you want to buy or sell your home, Marc is your person.

— Michael R.

WHAT MY CLIENTS SAY

Marc is hardworking, has a positive attitude and clearly knows the market. He makes our home buying process stress free. His professionalism and honesty make him a pleasure to work with. Marc is always available to answer all our questions and goes above and beyond our expectations to help us find a home. His knowledge of the Stamford market and home construction is something that sets him apart in the f...

— Buyer & Seller

WHAT MY CLIENTS SAY

Marc helped me and my boyfriend find our perfect home! Even though we were dealing with COVID-19 and busy schedules, Marc was always available to show us home's we were interested in touring! When it came time to start the close, Marc was reliable through the entire process and made sure we received credits wherever needed! He backed us up 100% and referenced an amazing closing Attorney whom we have a gr...

— Lezly A.

WHAT MY CLIENTS SAY

Marc is a diamond in the rough in the Real Estate market. There is no way my husband and I would survived, let alone ended up beyond happy with selling our condo and buying our new home at the same time if it weren’t for him. His expertise and dedication is unwavering. The knowledge he has of Westchester city and Southern CT is unmatched. He’s seen it all and has a calm approach to all the ups and downs ...

— Buyer & Seller

WHAT MY CLIENTS SAY

I have known Marc for a very long time and he has helped my brother purchase and sell two homes so it was a no brainer hiring him when it was time to buy a home. My husband and I were first time homebuyers and we didn’t know where to start. Marc explained everything from start to finish. He even referred us to others who would be needed in the process. I had no worries at all working with him. He made th...

— Buyer

Work With Marc

Marc Tessitore can only go back to his profound and honest desire to make the hopes and dreams of others come true which has without question led to his personal success. He looks forward to working with you in finding your new home or selling your existing home for the absolute highest market price possible!