The Selling Process

We know how to sell homes in Northwest Indiana

Buying a home can be an exciting and emotional experience. As local experts, you can rely on us to guide you through the process so you can feel comfortable and confident each step of the way.

  • Determining the right price for a significant asset that holds a special place in your heart can be a complex endeavor.

    It's common for clients to be enticed by realtors who propose the highest listing price. However, it's important to understand that this approach doesn't always result in the highest sale price.

    At Favela Real Estate, we take a different approach. We're committed to providing you with an honest, thorough, and data-driven Market Evaluation of your home's value. We base our recommendations on comprehensive statistics and market insights. Our goal is to market your home in a way that maximizes its sale price while ensuring a broad and effective reach. Trust in our expertise to help you achieve the best outcome for your valuable asset.

    When you start spreading the word about your home-buying plans, it seems like everyone and their furry friend wants to offer recommendations. However, this is no time for amateur hour. Purchasing a home stands as one of the most significant financial transactions you'll undertake, and you deserve the protection and guidance of a seasoned professional. Trust in our expertise to safeguard your interests and steer you toward your dream home with confidence!

  • We understand that each property and situation is unique, and that's why we're dedicated to crafting a personalized marketing plan tailored specifically to your property and timeline.

    Our approach combines the power of online platforms, social media, and traditional print advertising to generate the maximum exposure for your home. Our aim is to ensure your property not only sells quickly but also fetches the highest possible sale price.

    On average, a home can spend around 54 days on the market before a sale is finalized. With our targeted marketing strategies, we strive to reduce that timeframe and get your property into the hands of its new owner as efficiently as possible. Your success is our top priority!

    At this juncture, we suggest initiating an online home search in tandem with your trusted REALTOR® while keeping your criteria fairly wide. This allows you to become acquainted with general market pricing and start to uncover your personal preferences. The world of homeownership is wide open, and we're here to help you navigate it confidently!

  • Our ultimate goal is to secure the maximum possible value for your home, and we're well aware that this doesn't happen by chance.

    Properly preparing your home is absolutely crucial, which is why we include staging, cleaning, and professional photography with every one of our listings.

    We're proud to have a dedicated home styler on our team, who will meet with you for a detailed room-by-room tour of your property. They'll provide you with a personalized list of straightforward and cost-effective tasks to effectively prepare your home for sale. Additionally, we offer a library of styling supplies, including artwork and décor items, to fill any design gaps in your home – and this service comes at no extra cost.

    After that, our team of skilled cleaners will give your home that final, dazzling touch. And, you guessed it, this is also provided at no additional cost. We schedule the cleaning right before the professional photo shoot, where we will expertly showcase your property, both inside and out, in the very best light possible. Rest assured, we leave no stone unturned in our quest to present your home at its absolute finest.

  • In this digital era, the timeless tradition of hosting an open house continues to be an effective way to generate enthusiasm and excitement for a newly listed property. At Favela Real Estate, we understand the power of this approach.

    Our open houses are designed to make prospective buyers feel truly welcomed and create an atmosphere of celebration as they explore your home. It's a chance for potential buyers to experience the property in person, fostering a connection that can't be replicated through online listings alone. We believe that combining modern technology with this warm, personal touch is the winning formula for showcasing your home in the best possible light.

  • We've got a dedicated Showings Coordinator on our team whose primary mission is to ensure you receive ample notice for every showing request. Having someone solely focused on this task is a significant advantage, as it minimizes communication hiccups and enhances overall client satisfaction.

    Typically, you can expect to receive a text message with the requested date and time for each showing. However, if you prefer phone calls or if the showing request is last-minute, you may receive a call instead. Once you've confirmed the showing with our Showings Coordinator, she will verify it with the buyer's agent. Your role at this point is to ensure your home is in tip-top condition, with the lights on, and ready at least 20 minutes before the scheduled showing time.

    We actively seek feedback from every agent who shows your home, although we receive responses approximately 25% of the time. Any feedback we receive is automatically shared with you. However, if you'd rather not receive feedback, we can accommodate that as well. Your comfort and preferences are our priority!

  • Off-market listings are homes available for sale but not publicly listed on multiple listing services (MLS). As a team of highly efficient agents, we have a knack for connecting sellers and buyers directly. In fact, a significant portion of our successful transactions have been accomplished without the need for MLS listings.

    In a market where available inventory is limited, gaining access to properties before they hit the open market provides a substantial advantage for buyers. Sellers also appreciate the privacy and assurance that potential buyers visiting their home have been carefully selected by our team and are genuinely interested. It's a win-win situation for all parties involved.

    If you're contemplating the sale of your home, don't hesitate to reach out and inquire whether an off-market sale might be a beneficial strategy for your unique situation. We're here to explore all the possibilities and tailor a plan that best suits your needs.

  • We understand completely! Selling a home is a significant milestone in most people's lives, carrying both emotional and financial weight. It's only natural to feel a sense of complexity when determining the value of something so personal and meaningful.

    We deeply respect the intricacies of this journey, and we're armed with the knowledge, experience, and professionalism to navigate it with you. Rest assured, we are fully committed to accompanying you every step of the way, ensuring that this process is as stress-free, straightforward, and enjoyable as possible. Your transition to the next phase of your life is our top priority, and we're here to make it a smooth and positive experience.

  1. Evaluating Your Home


Embarking on the journey of selling your home begins with a thorough evaluation of its condition. It's crucial to address any cosmetic or functional issues and explore potential upgrades or improvements that could enhance its market value. It's worth noting that certain problems may necessitate disclosure to prospective buyers.

We'll walk you through our findings and provide you with a range of options to ensure that your home is in optimal condition, poised to attract potential buyers. Our aim is to position your property in the best possible light and maximize its appeal in the real estate market. Your success in selling your home is our priority, and we're here to guide you every step of the way.


Setting a competitive list price for your home involves taking numerous key factors into account. These factors include your home's location, condition, age, supply and demand in your area, and the prevailing local market conditions. Conducting a Comparative Market Analysis (CMA) is invaluable, as it allows you to assess recent sales of similar homes in your neighborhood. Additionally, you may opt to have a professional appraisal conducted in advance.

Understanding what the market is willing to pay is pivotal in achieving a successful sale. All these elements play a vital role in guiding your decision when it comes to establishing the right list price for your home. Our expertise in this area ensures that you make an informed and strategic decision to maximize the outcome of your sale.


2. Choosing An Asking Price

3. Getting Market Ready


When you're ready to take the next step towards your home purchase, we'll be here to guide you in crafting the most compelling offer possible. We'll also handle the paperwork on your behalf, simplifying the process for you. Making an offer involves several crucial considerations, including the proposed purchase price, the desired closing date, any sale contingencies, and specific terms tailored to your unique situation. Once your offer is submitted, the seller may respond by either accepting, rejecting, or proposing a counteroffer. In the case of a counteroffer, we'll engage in a negotiation phase, working diligently until both parties reach a mutually agreeable arrangement, or until the offer is declined by either side. Rest assured, we'll be with you every step of the way, ensuring your interests are well-represented throughout the process.

4. Listing Your Home


Once your home is prepared and looking its best, we'll arrange for professional photography to showcase it in its most flattering light. Your property will then be listed on the local MLS (Multiple Listing Service) and syndicated to area brokerages and agents. We may also explore additional advertising methods to reach the broadest audience within your target market.

Crafting a personalized marketing plan tailored to your home's unique features and target audience is key to generating interest from the right buyers. Rest assured, we have the expertise to ensure your property receives the attention it deserves in the competitive real estate market. Your success is our top priority!

5. Home Showings


After your home is listed, home showings will commence, and you might also consider holding an open house. Typically, the homeowner is not present during home showings, ensuring that potential buyers can explore the property with ease. You will receive advance notice of any scheduled appointments, and showings can be arranged during specific times to minimize inconvenience.

By creating an atmosphere that is inviting and welcoming for buyers touring your home, we aim to ensure that every visitor sees its full potential and falls in love with what it has to offer. Your comfort and convenience during this process are our utmost priority.

6. Receiving Offers


Once your home is on the market, you can expect one or more offers from potential buyers. You have the option to accept, counter, or reject these offers. If a counteroffer is made, negotiations will ensue until all parties involved reach an agreement or until you decide to reject the latest counter.

Negotiations during this phase can encompass various factors, including finalizing the sale price, discussing concessions, and addressing financing details. Once all parties are in alignment and an agreement is reached, your property will be officially under contract. Our team will be there to guide you through this process and ensure that your interests are well-represented throughout the negotiations.

7. Appraisal & Inspection


After reaching an agreement with the buyer, they may proceed to order a professional inspection and appraisal to assess the condition and value of the home. Depending on the findings in these reports, there may be another round of negotiations to ensure that all parties are in agreement.

These negotiations can involve various aspects, including addressing repair requests made by the buyer, in order to optimize other negotiation factors and secure a smooth transaction. Our team will be here to assist you in navigating this phase, ensuring that your interests are protected and that you achieve the best possible outcome.

8. Closing!


Closing day is an exciting milestone! On this day, the buyer's lender will provide the final confirmation of their approval to close, and you will sign the necessary paperwork to complete the sale. This process usually takes about an hour or two.

Once all the paperwork is signed by all parties, your title company will arrange for the net proceeds from the sale to be wired directly to your bank account. This marks the official sale of your home, and you can celebrate the successful completion of this chapter in your real estate journey. Congratulations on the sale of your home! 🏡🎉

SKIP THE SELLING PROCESS AND SELL YOUR HOME FOR CASH TO FAVELA HOMES!