If you’re thinking of selling your home? Well selling a home requires preparation, patience, and cleaning. From list to closing, we’ll help you through the steps and terminology.
The job of a full-service real estate agent is to represent your best interests through every step of the sales process. They should be experts in marketing, negotiation, transaction forms, and finance options. Research a Realtor before you choose.
Determining the right price is the most important part of achieving the highest return in the least amount time. The factors that go into determining market value are the sales price of nearby homes that have recently sold, the listing price of similar homes that are currently for sale, as well as the condition and location of a home. In order to determine pricing, your Sands & Company will provide a comparable market analysis on your homes worth and why.
First impressions are everything when selling a home, so before it is activity marketed, Prep your home. Fresh paint, clean closets, and flowers – there’s a lot you can do to make your home stand out. Your Realtor will give you tips to help prep your home.
Marketing Your Home
Creating a plan with your Realtor to market your home. Today, the vast majority of homebuyers use the internet in their home search, so your marketing plan should include online activities, in addition to print advertising and open houses.
Showings are an inconvenient, yet very necessary. When your home is on the market it has the potential to be shown at any time, so it’s important to maintain a certain level of cleanliness 24/7. Don’t be home; it makes buyers uncomfortable to tour a home when the owners are home for showings.
Purchase And Sale Agreement
Once an offer on a property has been made by a buyer and accepted by the seller, they enter into a legal contract known as a Purchase and Sale Agreement. This document outlines the specific terms and conditions of the transaction and is acknowledged by both parties by the signing of the document.
Once the Agreement of Sale if finalized, a home inspector representing the buyer, will inspect the property to determine if the home is in need of any repairs. Afterwards, buyers will have a chance to negotiate with the sellers to cover the costs of certain repairs or to ask for concessions.
Negotiations can involve everything from settling on a sales price to concessions and financing. Sands & Company agents are expert negotiators whose job it is to represent your interests.
Once the offer is accepted and a closing date agreed upon, escrow allows the buyer and the seller to have an outside party ensure all parts of the contact are complete. A Sands & Company agent can help coordinate the completion of all necessary forms to the escrow company and monitor the escrow process until the transaction is complete.
At closing, all the paperwork is signed, both parties pay any settlement fees, and the documents are officially recorded. Prior to closing, you’ll receive a settlement statement HUD-1 outlining the fees which apply to you.