Home Selling Guide
Selecting a Realtor
Your most important decision when selling your home is
the selection of the person you choose to represent
you.
The job of your Sales Associate is to support you in
selling your home with the best possible terms, and to
aid you through the entire process.
Your Sales Associate will explain the process of
selling a home, and familiarize you with the various
activities, documents and procedures that you will
experience throughout the transaction.
Tips For Selecting A Realtor
Your Real
Estate Professional should be:
-
Aware of
the complicated local and state requirements
affecting your transaction.
-
Effective
in multi-party, face-to-face negotiations.
-
Highly-trained, with access to programs for
continued learning and additional certifications.
-
Resourceful in attracting the largest possible pool
of potential buyers.
-
Knowledgeable in the technology resources that
facilitate the transaction.
-
Assisted
by a fully-staffed marketing department.
-
Supported
by professional legal counsel.
Developing a Marketing
Strategy
In order to sell your home quickly and on with the
best possible terms, it's necessary to prepare your
home for the market. This process includes:
-
Deciding
when to put your home on the market.
-
Establishing a strategic price based on recent
comparable sales, local market conditions and your
motivation to sell.
-
Estimating
probable net proceeds.
-
Advising
you on how to make your home more appealing to
potential buyers.
Marketing Your Property
-
Ordering a
"FOR SALE" sign to be placed prominently on your
property.
-
Installing
a lock box to make it easy for agents to show your
home.
-
Submitting
your home to the regional Multiple Listing Service
for immediate exposure to the real estate community.
-
Arranging
Sales Associates in the area to tour the home.
-
Developing
a flyer/brochure highlighting the features and
benefits of your home.
-
Promoting
your home at the appropriate Association(s) of
Realtors' for maximum exposure to other cooperating
agents.
-
Holding
open houses when appropriate.
-
Contacting
your neighbors to promote the property.
-
Advertising your property on our regular office
schedule meetings.
-
Featuring
your property on our web site and REALTOR.com.
-
Asking
clients and colleagues if they know of possible
buyers.
Managing the Transaction
You'll appreciate having a strong advocate on your
side during the transaction!
Negotiating the Offer
Your Sales Associate will immediately present and
explain all offers to you. You will be able to accept,
reject, or counter any offer presented. During the
negotiation process, your Associate will leverage
their experience and skills to advocate your
interests:
-
Reviewing
the contract and obligations before you sign.
-
Explaining
how contingencies and release clauses work.
-
Protecting
you from signing a "blank check" for unknown
problems or repairs.
-
Defining
legal disclosure requirements.
-
Orchestrate the offer process for "back-up" offers,
if necessary.
Throughout
the negotiation, your Sales Associate will provide you
with a professional, objective point of view; but the
final decision of accepting an offer is yours.
After the Offer is Accepted
Once an offer is accepted, your Sales Associate will
manage all the details to make the process as
stress-free and efficient as possible:
-
Staying in
contact with the buyer's agent to ensure a smooth
escrow.
-
Following
up on the progress of the buyer's loan.
-
Monitoring
all contingency removal deadlines.
-
Assisting
you if a conflict with the buyer arises.
Finalizing and Closing the
Transaction
Finalizing the process includes reviewing all closing
documents and ensuring both parties have copies. When
the transaction has closed, your Sales Associate will
deliver the closing check to you and the keys to the
new owner.