Selling a house can be an exciting but involved process. Whether you’re downsizing, relocating, or simply ready for a change, it’s important that you understand the various steps typically involved in selling a home so you know what to expect. Continue reading and reach out to a knowledgeable Florida real estate lawyer from Ansbacher Law to learn more.
Steps to Take When Selling a House in Florida
There are several steps involved in selling a house in Florida, but a brief overview of the process is as follows:
- Prepare Your Property for Sale: Before listing your home, you’ll want to ensure it looks its best. Begin with basic maintenance, such as fresh paint, clean landscaping, and any necessary repairs. A professional inspection can help identify hidden issues before buyers do. In Florida, sellers are legally required to disclose known defects that might affect a property’s value, so taking care of repairs early helps protect you from potential disputes later.
- Set a Competitive Price: Pricing your home correctly is critical. Too high, and it may sit on the market. Too low, and you leave money on the table. A comparative market analysis performed by a real estate agent or attorney can give you a realistic range based on recent neighborhood sales, condition, and current trends. Remember, Florida’s real estate market can fluctuate depending on the season and location. Waterfront properties, for instance, may see different patterns than suburban homes.
- Hire Professionals: While you can sell your home on your own, many sellers choose to work with a real estate agent and a real estate attorney. The agent helps market your home and negotiate with buyers, while your attorney ensures that your legal rights are protected and all contracts are compliant with Florida law. Having both professionals on your side can save you stress and help you close faster with fewer complications.
- Market and Show the Home: Once you’re ready, your home is listed on the Multiple Listing Service (MLS) and other platforms. High-quality photos, open houses, and virtual tours can help attract potential buyers. During this phase, flexibility is key, so accommodating showings and keeping your home clean and inviting can make a big difference.
- Review Offers and Negotiate: When offers come in, review them carefully. Price isn’t the only factor; contingencies, financing terms, and closing timelines all play a role. Your attorney can help evaluate whether the buyer’s offer meets your needs and advise you on counteroffers or contract modifications.
- Under Contract and Inspections: Once you’ve accepted an offer, the home enters the “under contract” phase. The buyer typically arranges inspections and an appraisal. If issues are discovered, negotiations may reopen. Contracts often include contingencies that allow buyers to back out or request repairs, so this stage requires patience.
- Closing the Sale: Finally, the closing process brings everything together. Your attorney or title company prepares the necessary paperwork, ensures all liens are cleared, and coordinates with the buyer’s lender. On closing day, ownership is officially transferred, and you receive your proceeds. Once the deed is recorded, the sale is complete.
If you’re ready to sell, please don’t hesitate to speak with an experienced Florida real estate lawyer here at Ansbacher Law. Our firm can help protect your investment and ensure that every step is handled correctly from start to finish.