You Have an Offer! What's Next? Our Complete Seller Guide
Selling your home can be an exciting and stressful time. From finding the right buyer to negotiating a fair price, there are many things to consider during the process. However, one of the most overlooked aspects of selling your home is what to do after accepting an offer before your move. Whether you're moving across town or across the country, here are some steps you can take to ensure a smooth transition.
Make any negotiated repairs
When a buyer makes an offer on your home, they will likely include an inspection contingency. This means that they will hire an inspector to examine your home for any potential issues. If the inspector identifies any problems, the buyer may request that you make repairs before closing. It's important to take these requests seriously and make any necessary repairs promptly. Not only will this satisfy the buyer, but it will also ensure that the sale goes through without issue. Be sure to keep a record of any repairs you make and provide proof of work to the buyer once they are finished.
2. Start packing early
Packing up your home can be a daunting task, but it's important to start early to avoid feeling overwhelmed. Begin by decluttering and getting rid of any items you no longer need. Then, start packing up items that you won't need before the move, such as seasonal clothing or decorations. Consider scheduling movers or renting a truck well in advance, as moving companies tend to book up quickly. Label your boxes clearly and keep a list of their contents to make unpacking easier.
3. Set final utility dates and change your mailing address
As you approach your move-out date, be sure to set final utility dates for services such as electricity, gas, and water. This will help avoid any confusion or missed bills. You should also change your mailing address with the post office to make sure your mail is forwarded to your new address. Don’t forget to update your address with any other important accounts, such as banks or credit card companies.
4. Gather all keys ad necessary information for the buyer
Before the final walkthrough, gather all keys and any home information the buyer may need, such as warranties or receipts. This will help ensure a smooth transition for the new owners. Make sure to leave behind any manuals or instructions for appliances or systems in the home.
5. Clean the home and remove personal belongings
It's important to clean the home thoroughly and remove any personal belongings in your final walkthrough. This will help the buyer visualize themselves living in the home and make the space more welcoming. Be sure to sweep, mop, and vacuum all floors, wipe down countertops and appliances, and clean bathrooms. You may also want to hire a professional cleaning service to ensure that the home is sparkling clean.
6. Shut off water valves after the final walkthrough
After the final walkthrough, be sure to shut off all water valves to prevent any leaks or surprises for the buyer. This is a crucial step that is often overlooked, but it can save both you and the new owners a lot of headaches in the long run.
7. Cancel your insurance
Finally, once the closing is finalized and the buyer owns the home, it's time to cancel your insurance. This is an important step to ensure that you're not paying for coverage on a home you no longer own. Be sure to notify your insurance company of the sale and cancel your policy as soon as possible.
Selling your home can be a lot of work, but by following these steps, you can make the process as stress-free as possible. Remember to start early, stay organized, and communicate clearly with the buyer. With a little preparation and planning, you can move on to your next adventure with ease.
