Selling Process

Overview of the Selling Process

1. Decision to sell (all family members must agree)
2. Decide when and where you want to move to
3. Determine a time frame for when you want to be in the new house
4. View the house like a buyer would, and repair or replace any major or cosmetic issues
5. Engage a qualified agent to handle the sale of your house
6. Strategize a time schedule to sell existing house and coordinate purchasing new house
7. Meeting the Sellers needs
8. Doing your homework and understanding the market conditions
9. Identify Market Obstacles
10. Determining the correct sales price
11. Discussing the different options and terms to Sellers
12. Sellers Condition of the property overview home enhancement
13. Complete Sellers Property Disclosures
14. Sellers offering a Home Warranty to the Buyers
15. Marketing Strategy and how to have your house stand out in the market places
16. Legal forms and paperwork
17. MLS listing
18. Preparing the house for showing
19. How to show your home
20. Safety in showing your home
21. Holding an open house
22. Qualifying the Buyers
23. Offer is presented
24. How to negotiate the offering price and terms
25. Handling Contingencies
26. Seller Costs
27. Sellers Net
28. Tax Consequences
29. The timing of the transaction

When offer is accepted:

30. Hire attorney to act as the closing agent
31. Start packing
32. Make moving plans
33. Property inspections are conducted
34. Appraisal is prepared
35. Title research is undertaken
36. CL-100 Inspection take place
37. Buyers contingencies are met – Lender, inspections, etc.,
38. The Walk-thru inspection
39. Sellers Responsibilities
40. Have house empty and clean on the day of closing
41. HUD-1 Statement
42. Closing – Recording of the Deed
43. After the closing Services
44. Tax documentation