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Seller's Guide

Everything you need to know about putting your home on the market, accepting an offer, and closing on your home.

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 team of real estate agents 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 team of real estate agents once you choose one so they 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 team of real estate agents is the best way to determine the right selling price for your home. A team of real estate agents 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

We 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. Our 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. We 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 we deem the offer is acceptable, we 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 team of real estate agents.

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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. We 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. We 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 team of real estate agents 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.

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Testimonials

"Russ will listen to your wants and needs and get to work on that and make you happy."
"Russ will listen to your wants and needs and get to work on that and make you happy."
Louis W.
"Honestly, one of the most professional agents with a wealth of knowledge and skill. Definitely experienced and able to handle your needs. I highly recommend him for any of your real estate needs."
"Honestly, one of the most professional agents with a wealth of knowledge and skill. Definitely experienced and able to handle your needs. I highly recommend him for any of your real estate needs."
Buyer
"Russ is a truly outstanding agent. He is honest, attentive to his clients, and always willing to go the extra mile. We bought our home from him in 2015, and have since referred several other very happy clients to him."
"Russ is a truly outstanding agent. He is honest, attentive to his clients, and always willing to go the extra mile. We bought our home from him in 2015, and have since referred several other very happy clients to him."
Rose S.
"Russ is one of IRES's top Premier agents. He studies the market, he listens to the needs of the clients he serves and is one hell of a negotiator. I'm proud of his commitment to excellent service and proud of his leadership."
"Russ is one of IRES's top Premier agents. He studies the market, he listens to the needs of the clients he serves and is one hell of a negotiator. I'm proud of his commitment to excellent service and proud of his leadership."
Brandy W.
"It was a pleasure to work with Russ, and I will definitely work with him again on all my RE projects. I was very pleased to find a Person in the US that understands the thinking of European customers, therefore I recommend Russ also to all my friends in Europe."
"It was a pleasure to work with Russ, and I will definitely work with him again on all my RE projects. I was very pleased to find a Person in the US that understands the thinking of European customers, therefore I recommend Russ also to all my friends in Europe."
El W.
"Russ is an excellent real estate agent. He helped us find the perfect house and now lists our previous house for us. He worked with us constantly and was on call for any ideas or to check out any area or house we were interested in. He had ideas and suggestions that were very helpful. I would highly recommend him to anyone looking to find a new home or sell theirs."
"Russ is an excellent real estate agent. He helped us find the perfect house and now lists our previous house for us. He worked with us constantly and was on call for any ideas or to check out any area or house we were interested in. He had ideas and suggestions that were very helpful. I would highly recommend him to anyone looking to find a new home or sell theirs."
Buyer
"I have used a lot of agents in Las Vegas but without a doubt, Russ is the best I have ever used. He is a true professional on every level and I guarantee the last property we purchased with him we acquired only because of his tremendous skill in this field. We were about against 2 dozen other bids similar in nature and Russ made our deal happen. My wife and I could not be happier."
"I have used a lot of agents in Las Vegas but without a doubt, Russ is the best I have ever used. He is a true professional on every level and I guarantee the last property we purchased with him we acquired only because of his tremendous skill in this field. We were about against 2 dozen other bids similar in nature and Russ made our deal happen. My wife and I could not be happier."
Seller
"Moving cross-country from Tampa to Vegas to open up an office sounds stressful, but not when you have Russ to work with. He listened to exactly what we needed and showed us so many viable commercial spots that we almost had to extend our trip to make a decision. Highly recommended, 6 out of 5 stars. Russ is one of IRES's top Premier agents. He studies the market, listens to the needs of the clients he serves, and is one hell of a negotiator. I'm proud of his commitment to excellent service and proud of his leadership."
"Moving cross-country from Tampa to Vegas to open up an office sounds stressful, but not when you have Russ to work with. He listened to exactly what we needed and showed us so many viable commercial spots that we almost had to extend our trip to make a decision. Highly recommended, 6 out of 5 stars. Russ is one of IRES's top Premier agents. He studies the market, listens to the needs of the clients he serves, and is one hell of a negotiator. I'm proud of his commitment to excellent service and proud of his leadership."
Reid D.
"Russ has been our Real Estate Agent for almost 2 solid years (poor guy) the market in Vegas is crazy now and you end up bidding on multiple homes before you find the one for your family. Russ probably showed us well over 100 homes and never complained. When we did find the home for us he had to put his negotiation skills to the test. The other agent was a "problem" to say the least. Russ worked tirelessly and finally got the home of my dreams. Wonderful agent and more importantly a wonderful guy. Russ now has our old house and has taken s care of everything. He's just a great guy."
"Russ has been our Real Estate Agent for almost 2 solid years (poor guy) the market in Vegas is crazy now and you end up bidding on multiple homes before you find the one for your family. Russ probably showed us well over 100 homes and never complained. When we did find the home for us he had to put his negotiation skills to the test. The other agent was a "problem" to say the least. Russ worked tirelessly and finally got the home of my dreams. Wonderful agent and more importantly a wonderful guy. Russ now has our old house and has taken s care of everything. He's just a great guy."
Shannon R.
"Words cannot begin to describe how grateful I am to have worked with Russ Arnold. Our situation was tough because my husband and I fell in love with a short sale. We knew going into a contract that it would be a long waiting period while the seller's bank got all their ducks in a row and even then it was not a guarantee the seller's bank would approve the short sale. Long story short, after several months of waiting and negotiating on Russ's part we got the house. I am confident that had we not worked with Russ we would have not gotten our dream home. I would 100% without a doubt recommend Russ to anyone who is looking to buy a home in Nevada."
"Words cannot begin to describe how grateful I am to have worked with Russ Arnold. Our situation was tough because my husband and I fell in love with a short sale. We knew going into a contract that it would be a long waiting period while the seller's bank got all their ducks in a row and even then it was not a guarantee the seller's bank would approve the short sale. Long story short, after several months of waiting and negotiating on Russ's part we got the house. I am confident that had we not worked with Russ we would have not gotten our dream home. I would 100% without a doubt recommend Russ to anyone who is looking to buy a home in Nevada."
Buyer

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