Chicago Home Seller's Guide
At Magellan Realty LLC, we know that selling your home will be one of the best decisions you have ever made, as it means you are moving onto the next chapter in your property journey! Even though we know it can be stressful on you as a seller, rest assured we are experts in selling and buying property and we will walk you through every step of the process. We know the Chicago market extremely well and our experience with buying and selling homes over the years will certainly work in your favor.
Once you have made the decision to sell your home, it's vital to have the right kind of representation. You need a real estate agent that has a solid marketing strategy for your specific property, is easy to talk to and understands your needs, and has the right kind of connections in the city to get your property the maximum exposure it deserves. Magellan Realty LLC has all of these requirements and so much more!
What To Expect When You Sell Your Home With Magellan Realty LLC
We have bought and sold real estate in the Chicago area since 1999. Whether you have a starter-condo, a single-family home, or a luxurious high-rise condo in the heart of the city, we have worked with all types of properties and luxury developments throughout Chicago. Our goal is to find a buyer for our clients and we are fully confident in our abilities to do so. As a seller, you may have many questions about the process and we are more than happy to sit with you and talk you through this process. However, if you also want to explore our website a bit to find out more about us, then let's take a quick look at what tips and tools are available to help you sell your home:
With the internet being where 80% of buyers start their home search on, a marketing plan that is customized to the type of home we are selling is absolutely vital. We don't just list your home and leave the listing to hopefully be viewed by perspective buyers, we contact local real estate agents with your specific property and get you maximum exposure. We may also feature your home on the front page of our website, which is the first page many internet searchers land on when visiting our website.
We will spend time with you discussing how to stage your home and to depersonalize your current space to allow buyers to imagine themselves living there. Once the home is staged effectively, we bring in a photographer to take high-quality photographs of your property for the website. Good photos are key in the process as so many people use the internet to search properties and will be attracted to the professional appearance of your home. A picture says a thousand words!
Once we have a good walk around your property and take note of any additional features and fixtures you have added since owning the property, we will go through the comparable properties in the area and find a fair price to value your home at. We are not in the business of promising a higher listing price just to get your business. This rarely results in a sale and just has your home sitting on the market for much longer than it needs to. By pricing it fairly according to the market, it will sell faster and often times for more money than if you over price the listing in the first place. Trust that we know what we are doing and have had many years evaluating and valuing properties in the Chicago area.
What Do I Do When I Get An Offer?
As soon as an offer comes in on your home, we will sit down with you and go over every detail of the contract to make sure you know the full position of the buyer. There are sometimes additional conditions on the contract such as including some of your furniture or artwork in the deal, having professional cleaners clean the home before moving in, and perhaps covering the closing costs for the buyer. All of these are just part of the buyers offer. If you are not comfortable with anything, we will remove their conditions and send back a counter offer to the buyer. This process is completely handled by our team!
Once you are happy with the offer, we'll forward the documents to your lawyer and the buyer's lawyer. All that is left for you to do is pack up your possessions and move on to your next adventure. If you are buying and selling at the same time, then our team will work hard to coordinate your purchase and sale, making it as seamless as possible.