Real Estate Selling Process
01 | Preparing to Sell
When preparing to sell, there are many things to consider. Things such as analyzing your home’s potential to sell on the market, figuring out how much you estimate to net from the sale, the minor maintenance and upkeep which may be necessary to draw in buyers, and these are all things your Realtor should assist you with.
02 | Select a Realtor & Market
Selecting a Realtor is important, they must have an arsenal full of marketing tools and ideas in addition to listing your property on the MLS. Make sure you find out how they will market your property and better yet, that they will be available to you when you have questions.
03 | Contract (Offer & Purchase)
Once you and your Realtor have listed the home on the market you may be receiving an offer or multiple offers. Your Realtor will help you negotiate the final sales price, concessions if any and negotiate on your behalf for the best sales price. When you accept an offer you are entered into a legal contract known as a PurchaseRead more
04 | Negotiations
Negotiations don’t always end with the writing of the contract and can involve everything from settling on a sales price to concessions and financing. We can put you in touch with Realtors who are expert negotiators, whose job it is to represent your interests during the give and take of a real estate transaction.
05 | Escrow & Title
Once the offer is accepted and a closing date agreed upon, escrow is opened. Escrow is the process in which the transaction is completed. Escrow is a neutral third party ensuring all the moving parts of the contact are complete. Your Realtor will help coordinate the completion of all necessary forms to the escrow company and monitor the escrow processRead more
06 | Inspection
Once a buyer and seller reach mutual acceptance on a property, a home inspector is hired to investigate every nook and cranny to determine if the home is in need of any repairs. An inspector will check items, such as the roof, basement if any, heating system, water heater, air-conditioning system, structure, plumbing, and electrical. Afterward, buyers will have aRead more
07 | Loan & Buyers Financing
Now that escrow is open the Buyer will be handling their due diligence with inspections, appraisals and financing. Typically Buyers will put in the contract they have (x) amount of days to obtain financing. Your Realtor should keep track of your transactions progress and keep in touch with the Buyers Agent, notifying you immediately when they become aware of anyRead more
08 | Closing
In some states closing takes place on the same day, Buyer and Seller sign everything together. In Nevada, Buyer and Seller sign at different times during the process at the Escrow Agents office (usually). Prior to closing and signing, you’ll receive a settlement statement outlining any fees due through the transaction which may apply to you or both parties; anyRead more
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