|
Selling a home typically includes many of the following elements. We will be your resource and guide every step of the way.
Initial Consultation
- Determine your needs and priorities
- Discuss marketing plan to receive maximum exposure
- Establish pricing strategy
- 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 offer and reach agreement
- Buyers real estate professional presents offer
- Discuss and clarify proposed terms and conditions
- Negotiation; possible counteroffers
- Reach final agreement
- Complete settlement process (per purchase contract)
- Deposit of buyer's earnest money
- Sign documents
- Title search; preliminary title report to buyer
- Inspections
- Removal of remaining contingencies
- Buyers final walk-through of property
- Loan funding/balance of funds from buyer
- Recording of title
- Relocation of seller; possession of property by buyer
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. Buyers interpret value based on available properties on the market.
- TIMING
The real estate market may reflect a "buyers" or "sellers" 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 best possible price.
|
|