Published June 30, 2021

The 3 Stages Of The Home Selling Timeline

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Written by Justin Burke

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Have you decided to sell your house but aren’t sure how to get started? In this video, I'm going to walk you through the three stages of the home selling process so you know exactly what to expect. I’ll also simplify each step in the timeline so you can begin planning your move.



The Pre-Listing Stage

If you're like most people, the thought of moving is daunting. You have to think about physically moving as well as all of the steps involved with getting from point A to point B. The good news is that I'm going to simplify exactly what to expect so you can start planning.

It's during the pre-listing stage that you begin preparing your house for sale. Before we can begin marketing your house, we need to make it look really good. Oftentimes, this is going to involve preparing your home for sale by doing things such as decluttering and rearranging your home. This will allow us to show it in the best light and is a very crucial step to handle before we take pictures and video.

Because your first showing will take place online, it's essential to make a very good first impression with potential buyers so they are more motivated to schedule a showing. It's during this time that you should also look for areas in your home that you may be able to improve and get a positive return on investment. There are many simple tricks that you can use to improve your property and get it sold faster and for more money.

For example, if painting a room for $250 allows us to sell your house for $2,500 more, it might be worth it to you to paint that room. There are probably several other areas in your house that you can spruce up that will allow you to maximize your home selling price. And once the house is ready to be shown, it's time to get it listed.

The Listed Stage

Once your house is officially listed and you’re showing your home, you’re in the second phase of the home selling process. We must create a buzz right away to take advantage of being a newly listed property. We must be the most aggressive in the first two weeks of your home being listed because this is your best chance to sell your home for top dollar.

To accomplish this feat, we’ll do things like have an open house, do a broker's open, and employ other blitz-like marketing approaches online and on social media. This will help create the buzz and urgency we want. You also need to be ready to allow showings. We don't control when a buyer wants to or can see your home, but we can be ready to accommodate them.

The Escrow Stage

Eventually, your property will receive an offer that you'll hopefully accept. Once this process is complete, you are officially under contract and in the final stage of the home selling process, also known as the pending or escrow stage.

At this stage, we still have a lot of work to do. This is the part of the process where the deal gets solidified and heads on over to closing. The first thing that happens is your buyer will conduct an inspection and start lining up financing if they are getting a loan. It's our job to follow up with all parties, coordinate all inspections, and confirm everyone is doing their job. One little mistake can cause days of delays to closing, so it's essential that we stay on top of everyone as there are a lot of moving parts.

Getting Your Home Sold

I hope this showed you a glimpse of what goes on during the home selling process. Of course, there are many details that we have not covered, the specifics for but I can't answer any further questions that you may have. I help people just like you sell their properties every day, and I would be honored and happy to assist you.

So make sure to reach out to me and I’d be happy to assist you. Don't forget to also subscribe to my channel for more information on the northern Illinois area in and around Rockford, South Central Wisconsin, Janesville Beloit, and Lake Geneva. Stay tuned to see what I feature next!

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Justin Burke

Team Leader | Burke Realty Group | Keller Williams Realty Signature

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