Selling your house

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Selling your house

This is the third phase of the guide to selling houses in Orlando, “Selling the house”. If you have not yet read the first two phases “Ready to sell your house” and “Putting your house up for sale“, we suggest you do so before reading this phase.

We start in this phase that you are already working with a real estate agent, who has advised you to make the necessary adjustments and that your house is ready to put it on the market, and that they have established the sale price. In addition, we assume that you have listed with several title companies and have knowledge of what your net income would be approximately.

Do you need advice to sell your house?

Show property

There are two different scenarios for displaying the property, the first is when the house is uninhabited and the second is when the seller still inhabits the property. It is proven that when the house is unoccupied it is easier to sell, since the person who is going to buy a house will be able to see every corner of the property in detail and also does not have any pressure to want to see it quickly because it does not make people uncomfortable. inhabit it.

In either scenario it is recommended that your real estate agent be in charge of showing the property to potential clients. Sometimes those who go to see the house will make negative comments about the house, and if you are not prepared to listen to them, you can respond incorrectly and damage the negotiation. Your agent is trained to sell houses, highlighting the strengths of your property and prepared for any possible questions that may be asked.

Offer management

Once your agent begins to execute his marketing strategies to attract potential clients to the property, you will begin to receive offers. It is important that you analyze all the offers in detail and that you do not focus only on the amount that they are offering. The offer of the highest amount will not always be the best. You must analyze the amount of the offer, but also the contingencies, tentative closing date, good faith deposit, if it is with a loan or cash, among other variables.

Once you have analyzed all the offers, you must accept in writing the one that you consider most appropriate. Once you accept the offer, the buyer will deposit the deposit in good faith in the escrow account and will proceed to the next phase of the purchase-sale process.

Inspection and appraisal

Now that you have accepted the offer, your house has become a product that is being sold and therefore needs an inspection and an appraisal. The inspection is carried out by the buyer to know the state of the property and its main components. The inspector identifies existing problems in the house or that may arise in the future, and based on this the buyer decides whether to continue in the purchase process, renegotiate or withdraw from the contract. You must be prepared for this moment, know your home well and know to what extent you can negotiate to obtain the desired net income.

The appraisal is required of the buyer by your lender. Appraisal, unlike inspection, focuses primarily on the value of the property. This provides valuable information for both parties, buyer and seller, but the main purpose of the appraisal is to protect the lender. Before approving the loan, the lenders evaluate the property to be sure that it is not overvalued. In case the buyer has made an offer higher than the value of the appraisal, the buyer knows that his lender will only lend him the value of the evaluation, therefore he has two options, bring the surplus to the table or renegotiate with the seller .

You must be prepared to renegotiate in the event that your home is valued at a lower value than the offer. You will have several options, the first is to request a new appraisal in case you consider that an error was made and that the value of the house is higher. You can renegotiate with the buyer, ask him to put the surplus in cash, request that he assume the closing costs or if you wish, you can lower the price and accept his new offer. Finally, in case you do not agree with any of the options offered by the buyer, you can withdraw from the contract and place the property for sale again.

When you first buy a home, my wife and I had a lot of questions, fears, anxiety, which is why we spoke to many realtors in Orlando before taking the plunge and we were happy to take that plunge with Alexander and Monica. Their customer service, attitude, and knowledge are unmatched. Thank you for all of your time and advice. You both were a tremendous help!
by Keith Jablon
Home Buyer
My wife and I have moved 10 times in the last 30 years due to my work, and obviously we have dealt with many Realtors both for sale and purchase. I must say that Orlando Homes Sales has been by far the best team of real estate agents we have worked with, their professionalism, experience, responsibility, attention to detail was exceptional! Do yourself a favor and buy or sell with them.
by Kathy & David
Home Seller
After working with Orlando Homes Sales to sell my house, I was convinced that I would always work with them. Since then I have bought 2 properties and sold one, and in each process I have obtained the best results. It really is a pleasure to work with real estate agents who care about the interests of their clients.
by Luis Rodriguez
Home Seller
Our experience with Orlando Homes Sales could not have been better. We were first time home buyers with very little knowledge of how to find the perfect home. As soon as we met Monica and Alex we realized that they were the right Realtors to buy our house in Orlando.
by Julian Andrade
Home Buyer
We couldn't be happier with the way the Orlando Homes Sales team worked with us on our investment in buying a home in Orlando. They are extremely responsive and proactive. We weren't sure what the home buying process would entail or how much work it would take, but with the experience they have, everything went smoothly. We have our house rented for $ 2,100 and we pay $ 1,450 in mortgage.
by Luiz & Josefa
I recently sold my Hunters Creek home through Orlando Homes Sales, and while this is a very stressful process, I felt 110% confident in going through this process with Monica. He shared a lot of really helpful advice with me, and he negotiated and closed the sale brilliantly.
by Mike Morales
Home Seller
It was the first time we had purchased a home as an investment, so it took us a while to find the best real estate agents in Orlando. We decided to work with Orlando Homes Sales after seeing all the testimonials on their website and we were lucky to have chosen them. They provided us with an incomparable service, providing us with all the information we needed to know to make the decision to invest in Orlando. We were lucky to find them.
by Nuno & Adella
I live in South America but I always had the dream of investing in a vacation home in Orlando, where I could get a financial benefit and at the same time take my family to the parks every year. I found Orlando Homes Sales through Google and when Monica called me, I realized right away that she was the Realtor I needed to invest in Orlando. Anyone who wants to invest in Orlando real estate, Orlando Homes Sales will be your best ally.
by Ricardo Gomez
We were very fortunate to have found the Orlando Homes Sales website when we Googleed to buy a home in Orlando. Monica is definitely a very experienced real estate agent who gave her all to help us make our dream come true. Thanks for your patience, you are the best realtor
by Ricky Guerrero
Home Buyer

Closing day

This is the last step in the process of buying and selling your property. On average, closing a house can take 4-6 weeks, although sometimes it can take less or more time.

Days prior to closing you will receive from the title company the exact information about your closing costs, which will be very similar to the ones you received on “Net Sheet” that they sent you. It is important that you review this document in detail and if you notice any significant changes you should immediately ask the title company.

We have finished the last phase of the guide to selling houses in Orlando “Selling the house“. We invite you to read the following article so that you know the “Risks when selling without a Realtor”.

If this guide has been useful to you and you think it can serve other people who, like you, want to sell their house in Orlando, we invite you to share it on your social networks.

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