(774) 239-5188 rrose@lamacchiarealty.com

Resources for first-time sellers

How to sell your home right

Selling a home for the first time comes with a lot of questions, and this guide walks you through the whole process, from figuring out what your home is worth to closing day. Here's what to expect at each step, and how I'll help you get the best result along the way.

If you have specific questions that aren't addressed here, you can also check out my FAQ page.

Step one: Valuing & Pricing

Determine your home's value

Like most first-time sellers, you're probably wondering how much you can get for your home. The tool below is an Automated Valuation Model (AVM), and it's capable of giving you a rough idea of what your home is worth.

The true valuation will depend on factors that aren't visible to AVMs like curb appeal, condition of the property, and how neighboring homes look.

The best way to get an accurate valuation of your home is through a competitive market analysis (CMA), which I can put together for you.

Before I generate a CMA for you, I'll go through your property with you and evaluate the neighborhood's curb appeal. This process will help me determine the best way to prepare your home for showing, find any repairs that should be done before listing, and find opportunities for improvements that will return more value than they cost to make.

Pricing your home right

Once we know your home's value and what we need to fix up, we can work on an accurate pricing strategy.

You want to avoid pricing your home too high in a market without matching demand. Overpricing can also create financing issues for the buyer if the appraisal comes in significantly lower than the sale price. This can cause a closing to fail and lead to your home sitting on the market longer and require further price reductions.

But you also want to avoid pricing it too low just to sell it faster, which can give the impression that the home has a lot of issues. You want your price to build confidence and trust in the value of the home, not undermine it.

Developing a pricing strategy relies on developing a target number that generates competitive offers. We can tell if your listing price is too high by consumer behavior.

  • Drive-bys without any requests for showings means the home is probably priced about 12% too high for the market
  • If there are only a few showings, it's probably 6-11% too high for the market
  • If you get lots of showings but no offers, you're probably still priced about 3-5% too high
  • If you receive offers without any showings, your home might be priced too low in a highly competitive market (often times, these offers come from investors looking to flip the property)

You'll know you priced your home right because you'll start getting showings and offers quickly.

Step Two: Preparing to list

Getting your home ready for the market

Before you list, you want to make sure your home is attractive to potential buyers. Your home should look good in photos and make buyers feel comfortable when they walk through it in showings. It's also important to take time to thoroughly prepare for the inevitable inspection that happens before the purchase & sale agreement is signed.

Things that buyers and inspectors love to see:

  • Clean, uncluttered spaces with minimal decor and no personal items
  • Working appliances and fixtures that are up to code
  • Electrical panel is up-to-date and not a recalled model, and wiring is up to code
  • Plumbing is up to code
  • Recently serviced HVAC with receipts
  • Accurate information about the age, condition, and maintenance of the roof and foundation

This doesn't mean you have to get your home perfect before you'll get offers. It might not even make sense to get everything perfectly up to code in order to sell. But it does help to know which items could help or hurt your position in negotiating offers.

For example: If you're passing on a roof that will need to be replaced within a year or two, or an outdated electrical system, that should be disclosed upfront and reflected in the listing price. If it comes as a surprise during inspection, it could trigger contingencies or give your buyer leverage to lower their offer. All of this can hurt your position in the market and increase the time it takes to sell your home.

Basic steps to getting your home ready include:

  1. Removing clutter and personal belongings from the home
  2. Deep cleaning your entire home
  3. Mowing lawns, trimming bushes, and spreading fresh mulch where needed
  4. Making repairs that would cause potential buyers to pause (leaky faucets, loose floorboards, missing roof shingles, etc)

While painting isn't strictly necessary, it can often be one of the single biggest boosts to your selling strategy by improving buyer perception. The more favorably potential buyers view your home, the faster they'll make a strong offer. 

Staging your home

One of the ways you can prepare your home for good showings is referred to as staging, and you can do it yourself or hire someone to stage your home professionally. There are pros and cons to each approach, and I can help you figure out which will offer the best return on your time or money.

Taking photos and video of your home

Once your home is staged, it's ready for listing photos and video. Listing photos are usually the first thing buyers see when looking at your property. You want photos that are clear, focused, well-lit, and taken at angles that capture as much of a room as possible.

This is why it's important to have professional, high quality photos taken that showcase the best features of your home. If your photos are too dark, too blurry, or include too many close-ups, it can make even the most gorgeous homes less attractive in the listings.

Some buyers also prefer video walkthroughs and interactive floor plans that help them tour the house before (or even after) an in-person showing. I work with experts who can use photo and video to create interactive floor plans and memorable walkthroughs of your home if it makes sense in your marketing strategy.

Should I use AI to help stage my home?

While it may seem to make sense and save you some money, using AI to stage your home can backfire. Image generation doesn't maintain the original scale of the room. Its job is to create aesthetically pleasing images, so it will create additional space that doesn't exist.

Even if your home is priced accurately and competitively for the market, the mismatch between the photos and what potential buyers see in showing will erode trust and disappoint them. You may have won the first impression, but it came at the cost of the impression that mattered most. When people walk away from showings without making an offer, it might force you to lower even a fair asking price and weaken your position in negotiations.

Step Three: listing & marketing

Listing your home on MLS

Once your home is ready and the photos are done, it's time to list.

Listing means your home goes live on the MLS (Multiple Listing Service). This is the database that every agent in the region uses to find homes for their buyers. From there, your listing syndicates out to the sites buyers browse on their own, like Zillow, Realtor.com, and Redfin. This means that your property listing will be able to reach buyers nationally and internationally who are searching for homes in your region.

Before your home goes live, I'll put the listing itself together: the photos and video, a written description that highlights what makes your home worth seeing, and the details buyers filter for like bedrooms, bathrooms, square footage, lot size, and recent updates.

A good listing does two jobs at once. It shows up in the searches your buyers are running, and once they find it, it gives them a reason to book a showing.

Marketing your home

Getting your home listed is one thing. Getting it in front of the right buyers is another, and it's where I do the work that goes beyond posting your listing and waiting for something to happen.

There's no single marketing formula that works for every home, because no two sellers are in the same situation. A starter home in a hot price range gets attention differently than a higher-end property, a condo, or a home that appeals to a specific kind of buyer. So rather than run the same playbook every time, I'll build a strategy around what your home actually needs and who we're trying to reach.

Depending on your situation, that can include:

  • Professional photography and video that show your home at its best
  • Interactive walkthroughs and floor plans that let buyers tour before they visit in person
  • Social media promotion that puts your home in front of active buyers where they already spend their time
  • Email and direct outreach to other agents and their buyers
  • Open houses and private showings, when and how they make sense for you
  • Tapping the relationships I've built to reach buyers before they're even searching

Not every home needs every one of these, and part of my job is figuring out which mix gets you the best result without wasting your time or money on marketing you don't need. We'll talk through what makes sense, and I'll keep you in the loop on what's working once your home is live.

Step Four: Negotiating & closing

Negotiating offers for your home

Once offers start coming in, my job is to help you read them and respond in the way that gets you the best result. The most important thing to understand here is that the highest number isn't always the strongest offer.

Price matters, but it's only one part of an offer. When we evaluate what comes in, we'll look at the whole picture:

  • The price, and how it compares to your other offers and the market
    Whether the buyer is paying cash or financing, and how solid their financing is
  • The contingencies attached, like inspection, financing, or the sale of the buyer's current home
  • The closing timeline, and whether it matches what you need
  • Anything the buyer is asking you to cover, like closing costs or repairs

A financed offer at a higher price can be riskier than a slightly lower cash offer, because a financed deal depends on the buyer's loan going through and the home appraising for the loan amount.

If a home appraises for less than the offer price, the lender will only lend on the lower number. The difference has to get resolved before the deal can close. A cash buyer doesn't have that problem. None of this means you should take less money, it just means we weigh offers on more than the top-line number.

If you get more than one offer, that's a strong position to be in, and we'll talk through how to handle it, whether that's accepting the best one, countering, or asking for highest and best from everyone at the table.

Going under agreement

In Massachusetts, accepting an offer isn't the finish line, it's the start of a sequence. First you accept the buyer's offer. Then, in most cases, the buyer does their home inspection. After that, both sides sign the Purchase and Sale agreement (P&S), which is the binding contract that really locks the deal in. This is where the attorneys come in, and both buyer and seller are typically represented.

The inspection is the part sellers ask about most, because it can open a second round of negotiation. If the inspection turns up problems, the buyer may come back asking you to make repairs, offer a credit, or adjust the price.

This is exactly why the prep work earlier matters so much. When you already know the condition of your home and have priced and disclosed accordingly, inspection surprises are far less likely to cost you leverage. If you've been upfront, there's much less room for a buyer to come back and renegotiate from a position of strength.

Navigating the closing process

Between signing the P&S and closing day, a few things happen in the background: the buyer's lender orders an appraisal and finalizes their financing, the buyer's attorney runs a title search to make sure the property can be sold cleanly, and the buyer does a final walkthrough shortly before closing to confirm the home is in the condition they agreed to buy.

At closing, the sale becomes official and ownership transfers to the buyer. As the seller, the costs that typically come out of your proceeds include:

  • the real estate commission
  • your attorney's fees
  • the Massachusetts excise tax on the sale
  • the payoff of any remaining mortgage balance.

What's left after those is what you walk away with. Before we ever get to the table, I'll make sure you have a clear picture of what to expect, so there are no surprises on closing day.

Let's find your first home together, one step at a time.

I can help make the homebuying process easier for you to navigate. It starts with a quick consultation.