The Selling Process | homegenius

    Ready to sell? We’ve got you covered.

    From prepping your home for listing to closing the deal, there is a lot that goes into selling a home. And no two deals are the same. Luckily, there are many experienced professionals who will be able to guide you along the way. 

    If you’re just getting started, we’ve outlined the basic steps you can expect when selling your home — and what you should know to set yourself up for success.

    WHAT YOU NEED TO KNOW ABOUT NAVIGATING THE DEAL
  • Knowing All Your Options
  • The Cost of Selling a Home
  • Hiring a Listing Agent
  • Prepping Your Home
  • Valuing Your Home
  • Navigating the Deal
    Knowing All Your Options
    The Cost of Selling a Home
    Hiring a Listing Agent
    Prepping Your Home
    Valuing Your Home
    Navigating the Deal
    Step 1.

    Knowing All Your Options

    There are many different ways to sell a home. You may want to weigh the pros and cons of all of your options so you can strategize and make a plan. 

    A seller’s guide to closing costs

    Most people don’t think too much about closing costs when selling a home, but the fees may be substantial.
    1. Closing costs range from 6-10% of purchase price (Nerdwallet)
    2. Commissions paid to listing agent average around 6% (Nerdwallet)
    3. Loan payoff: Remaining balance with prorated interest
    4. Real estate taxes: generally prorated for the portion of the year you lived at the property
    5. Additional fees that may apply:
    • Homeowner association fees (prorated, if applicable)
    • Termite inspections
    • Home warranty (optional)
    • Home repairs/credit (found during home inspection)
    1. Closing tips:
    • Prepare for the home inspection. Thoroughly clean your house. Make sure all outlets, light switches, etc., are working properly.
    • Don’t cancel your homeowner’s insurance or utilities until AFTER the closing
     

    What sellers should know about title insurance

    Depending on your state and county, your closing cost responsibilities may include paying for title insurance. And you have a say in which title insurance and settlement company to use. It’s a decision many sellers overlook. 

    When you buy title insurance and settlement service through titlegenius by Radian, you get a competitive deal along with a streamlined experience. The customer portal guides you through the whole process — securely and easily.