Seller's Guide

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What’s Your Property Worth?

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A Step-by-Step First Time Seller's Guide

Know what to expect when putting your home on the market. Our recommendations help prepare your home for market. With our techniques and experience, you will sell your home for the best price possible.​​​​​​​

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Step 1: Understand Why You're Selling

What are your goals with the sale of your property? Does the current value of your property impact your decision to sell? Are you driven by timeframe? Perhaps the goal is to sell it as soon as possible to facilitate a move to a new city or area. Once we understand your needs, we can better craft your offer. For example, if you need to sell quickly, we might price your home lower than if your goal is to make the maximum profit.

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Step 2: Determine List Price

Establishing where to price your home is one of the most important crafts of the selling process. When we set a fair price in the beginning, we generate the most interest from prospective buyers. Overpricing your home could lead to reduced interest and longer market time, and underpricing could lead to receiving less than what your home is worth.

With our market experience and research, we recommend the likely selling price-range for your home. We utilize other comparable homes sale price, evaluate the current market, and suggest a list price to meet your selling goals.

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Step 3: Start Preparations

After deciding to turn your home over to the market, it’s time to start getting your home 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. Our support team will make this a simple process.   

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Step 4: Develop a Marketing Strategy

We customize a marketing strategy that is perfect for advertising your property. This involves listing the home and then driving the right people to that listing.  We may list as a pocket listing in several private portals we have access to, or promote the listing through social media campaigns, agent-to-agent referrals, traditional media, or SEO advertising. Our job is to tell the story of your home and we do it best.   

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Step 5: Evaluate Offers

Receiving a bid is an exciting part of the process but weighing each offer to make sure the party making the offer is prequalified, or pre-approved, by a mortgage lender or verifying proof of funds is a critical step.  We evaluate all terms of offer with our clients and negotiate until the offer is acceptable. We will evaluate all terms of the offer. We have creative strategies to bridge the gap in offers that were challenging to coming to an agreement.

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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 terms, a final contract will be executed.  

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Step 7: Get Ready to Close

At this stage, both the seller and the buyer will make a list of what needs to be completed before closing. In most cases, the property will be formally inspected, surveyed, and appraised. We will oversee this process.  Sometimes major or minor repairs are requested to be made before the home is ready to close. We will ensure all actions required are completed and everything is in order by the closing date.

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Step 8: Close

When we close on a property you are selling, you are legally transferring ownership/title of the property to the new buyer. We will meet with the title company closing the transaction to sign the final paperwork and go over any issues that may arise. We support you in handling the 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, knowing all your selling responsibilities have been taken care of will help you achieve peace of mind for your new journey.

Our Testimonials

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Alan N.

Cheryl was super helpful for me, as I was a first-time homebuyer. She offered great insight as we toured potential 3-bed, 2-bath options in Chicago, and was always very responsive via text and phone. She even met us very early ...
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Robyn S.

Cheryl was incredibly thoughtful, supportive, communicative, and upbeat during the sales process. She made sure to learn all about our home and its history, which made her all the more effective. Even with unforeseen changes in...
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Rich S.

Working with Layne was a great experience. She and her team are great at helping someone through the crazy process of buying a home. They really know how to cater to one's needs. Layne and their team are very knowledgeable abou...
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Jen W.

Layne is extremely professional and knowledgeable when it comes to real estate. She was so helpful and patient with me as I had a lot of questions. I would recommend Layne and her team to anyone at any level of the home-buying ...
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Joshua S.

Cheryl is amazing! She was 100% on top of everything during our apartment search process, was highly responsive, very creative, and was an expert negotiator. I would recommend her to anyone looking to find an apartment in Chicago!
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Leslie N.

Layne showed us several homes and gave us the pros and cons of each in great detail. She was extremely helpful and very knowledgeable in real estate. She is dependable and answered our calls when we had concerns.
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Rahela A.

Layne was a great help! Gave me all the information I needed to know about the listings. Would recommend consulting with her again! Going through the process of looking for a home was much easier thanks to her.
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Susan B.

Layne is extremely friendly, knowledgeable about real estate quality and value, and truly supports the perfect transaction. I highly recommend using her as your broker to sell and buy your home.
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Roxie H.

It has always been a pleasure working with Cheryl on relocation assignments, international and domestic. She is very thorough and dedicated to excellence.
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Mallory W.

Cheryl was wonderful to work with. She did everything we asked in a timely manner and we ended up finding a home that was even better than we imagined!
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Get assistance in determining current property value, crafting a competitive offer, writing and negotiating a contract, and much more.

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