Step 1: Define Needs

It is important to set out in writing the reasons that are motivating you to sell your current property. You might ask yourself, "Why am I selling and what do I expect to accomplish?" If you have a growing family and you need more space you may be under less pressure to get your property ready to sell than if you were, let's say, moving to a new city due to career opportunity.

Explore your short and long term goals and decide how selling your investment fits into those goals. Your agent will identify all of the variables within your individual goals and how best to achieve them in your local real estate market. Your real estate agent will apply his or her expert knowledge to your particular needs and set a realistic time frame for the process to proceed. This will help you to establish a time management path for selling your property.