The Home Selling Process
Selling a home typically includes many of the following elements. We will
be your resource and guide every step of the way. We promise to:
- Determine your needs and priorities;
- Establish pricing strategy;
- Discuss marketing plan to receive maximum exposure;
- Design and implement marketing plan;
- Complete home enhancement recommendations;
- Carry out scheduled marketing activities;
- Show the property to brokers and prospective buyers;
- Communicate with you on a regular basis;
- Monitor results of marketing activities;
- Modify marketing plan and pricing strategy as necessary;
- Review, present, discuss offer and assist you in reaching an agreement;
- Discuss and clarify proposed terms and conditions
- If counteroffer is needed, negotiate on your behalf;
- Secure deposit of buyer's earnest money;
- Follow up steps to closing -title search, preliminary title report to buyer and inspections;
- Arrange for completion and removal of remaining contingencies;
- Conduct buyer's final walk-through of property;
- Confirm completion of final steps to settlement;
- Attend closing.
Key Market Factors
How long does it take to sell a property? Some properties sell in a few days, others may take several months. By recognizing some key factors that influence marketing a home you can get significant control over market time. The proper balance of these factors will expedite your sale:
- LOCATION
Location is the single greatest factor affecting value. A neighborhood's desirability is basic to a property's fair market value. - COMPETITION
Buyers compare your property against others in that neighborhood and new construction in the area. Buyers interpret value based on available properties on the market. - TIMING
The real estate market may reflect a "buyer's" or "seller's" market. Market conditions cannot be manipulated; an individually tailored marketing plan of action must be developed for each property. - CONDITION
The property condition will affect price and speed of sale. Optimizing physical appearance and advance preparation for marketing maximizes value. - TERMS
The more terms available, the larger the market, the quicker the sale and the higher the price. Terms structured to meet your objectives are important to successful marketing. - PRICE
If the property is not properly priced, a sale may be delayed or even prevented. Reviewing the Comparative Market Analysis will assist you in determining the most competitive and best possible price.