A Brief Guide to Selling Your Home

Looking to sell your home in the South Bay? Below is a selling guide created by HGTV.

Part 1: Evaluate your situation

Determine why you want to move or need to sell your home

Define your howls for the next 5-10 years

See if you're subject to capital gains tax

Calculate the costs of repairs and home improvements

Compare the costs of selling and remodeling

Calculate your selling and moving expenses

Calculate your buying expenses

Know the mortgage option for your next home purchase

Research the local housing market

Consider renting out your house

Part 2: Plan your selling strategy

Set priorities and a timeline

Time your sale to maximize your selling price

Weight the pros and cons of selling the home yourself

Choose a real estate agent and list your home on the MLS

Negotiate the terms of your listing agreement

Get a professional home inspection

Determine your home's fair market value

Price the house

Consider selling your home at auction

Know the rile when selling an investment property

Part 3: Stage and show your home

Start with the outside

Prep and stage your home

Promote your ohm's strengths and potential

Use photos and video to showcase your home

Take advantage of the Web and technology when advertising

Show your home and find ways to increase your showings

Make open houses count

Offer incentives that save buyers money

Explore alternative financing options

Manage your expectiations

Part 4: Close the deal

Prepare seller disclosure statements

Review offers with a detached eye

Focus on serious buyers

Consider the contingencies

Make a counteroffer

Negotiate terms and sign the contract

Time the sale of your home with the purchase of your next one

Open an escrow account

Ensure contract terms are met and sign closing documents

Move out and into your new home