Seller Information
Seller Information
Selling your property can be a stressful process, but with the right people in your corner, it doesn’t have to be!
Why Sell?
Why are you wanting to sell your property? Are you looking for a larger property, or are you planning on moving somewhere else? Being clear about your intentions for selling will make it easier for us to determine the most appropriate option for your specified financial, lifestyle, and real estate goals.
When Should I Sell?
The market is constantly changing, so it’s important to sit down with an agent and discuss the best time frame to list your property. If you need to sell quickly, we have the right connections to speed up the listing process. If there is no pressing need to sell immediately, we’re still happy to sit down with you to thoroughly review the current market conditions and find the most favorable time to sell.
What Is The Market Like?
When you work with us, you can be sure that you will have our knowledge, expertise and negotiating skills at work for you to arrive at the best market prices and terms. We will keep you up-to-date on what is happening in the market and the price, financing, terms and conditions of competing properties. With us, we can assure you you’re receiving the best information on how much to list your home for and when to sell.
How Do I Optimize My Finances?
Deciding to sell your property requires serious consideration of your current financial situation and future possibilities. With the help of our team of agents, you will be able to effectively assess the impact of these changes, estimate potential proceeds, and plan effective strategies.
Why Should You Choose Our Professionals?
You may try to sell your property alone, however there are many excellent reasons why you should choose our agents to assist you in this important undertaking. We will ensure that you maximize your opportunities in the current real estate market. With our extensive contact networks as well as our current and past clients, we will employ the most effective marketing and advertising strategies for your property. We will also guide you through the complicated paperwork involved, from the initial agreement to the final documents.
Our Real Estate Team is here to provide top service for you. All our agents are:
- Experienced in all types of transactions.
- Familiar with the area and all surrounding areas to provide you the best information and advice when selling your property.
- Excited to work with you! We always strive to return your calls and emails promptly, keep you updated on all showings and activity, and really getting to know you through the process!
What Is Your Property Worth?
Without a professional agent, most property sellers tend to over or underestimate the value of their property. You can avoid this by consulting with an experienced real estate agent.
There are many tips we suggest when getting your property ready to sell.
How to Prepare:
1. Curb Appeal. Keeping your landscaping clean will create an immediate impact on potential buyers.
2. Property Repairs. Simple upgrades such as window repairs, polishing the doorknobs, and updating with a fresh coat of paint really make a difference.
3. Cleanliness and Staging. Keep your property uncluttered, odor-free, and well-lit. Pay attention to details. It also helps to hide or remove anything extremely personal, such as family photos, so that the new buyers have an easier time envisioning themselves in your home. We will scan the property before it is listed and provide you with suggestions to maximize the appeal of your property.
4. Showtime. Presenting your property to potential buyers is a job that we, or other agents, will take care of for you. Buyers always feel more comfortable discussing their thoughts on the home if you are not there. More so, we know what information to communicate when speaking with prospective buyers.
The Offer
You can trust our professionals to help you evaluate every offer without compromising your marketing position. Each offer may present different pros and cons, so we always make sure to walk you through each one before you make any decisions.
Negotiating The Right Way
We take the ethical responsibility of fairly negotiating contractual terms very seriously. It is our job to find a win-win agreement that is beneficial to all. You may receive multiple offers before confirming the one that is right for you. We guarantee a thorough assessment of each offer to help you make the right choice.
Under Contract
Now that your property is under contract, we make sure to coordinate and contact all parties to ensure streamlined processes. We ensure to track and resolve all contingencies, negotiate remedy requests, and keep on top of all parties involved to get to closing as efficiently and stress-free as possible.
Inspections and Appraisals
Most buyers will have the property inspected by a licensed property inspector within the time frame that was agreed upon in the effective contract to purchase. Some buyers will have several different inspectors inspect the property, if they wish to obtain professional opinions from inspectors who specialize in a specific area (eg. roof, HVAC, structure). If the agreement is conditional upon financing, then the property will be appraised by a licensed appraiser to determine the value for the lending institution via third party. This is done so that the lending institution can confirm their investment in your property is accurate. A buyer of a commercial property may also have a complete environmental audit performed and/or soil test, if required by the lending institution.
The Closing Agent.
Either a title company or an attorney will be selected as the closing agent, whose job is to examine and insure clear title to real estate. After researching the complete recorded history of your property, they will certify that 1) your title is free and clear of encumbrances (eg. mortgages, leases, or restrictions, liens) by the date of closing; and 2) all new encumbrances are duly included in the title.
Contingencies.
A contingency is a condition that must be met before a contract becomes legally binding. For instance, a buyer will usually include a contingency stating that their contract is binding only when there is a satisfactory home inspection report from a qualified inspector.
Before completing his or her purchase of your property, the buyer goes over every aspect of the property, as provided for by purchase agreements and any applicable addendums. These include:
- Obtaining financing and insurance;
- Reviewing all pertinent documents, such as preliminary title reports and disclosure documents; and
- Inspecting the property. The buyer has the right to determine the condition of your property by subjecting it to a wide range of inspections, such as roof, termite/pest, chimney/fireplace, property boundary survey, well, septic, pool/spa, arborist, mold, lead based paint, HVAC, etc.
Depending on the outcome of these inspections, one of two things may happen:
1. Either each milestone is successfully closed and the contingencies will be removed, bringing you one step closer to the closing; or
2. The buyer, after reviewing the property and the papers, requests a renegotiation of the terms of contract (usually the price).
How do you respond objectively and fairly to the buyer when a renegotiation is demanded, while acting in your best interests? This is when a professional listing agent can make a real difference in the outcome of the transaction. Having dealt with various property sales in the past, we guarantee our expertise and total commitment to every customer, no matter what their situation is.
Loan Approval and Appraisal.
We suggest that you accept buyers who have a lender’s pre-approval, approval letter, or written loan commitment, which is a better guarantee of loan approval than a pre-qualification or no documentation from a lending institute. Expect an appraiser from the lender’s company to review your property and verify that the sales price is appropriate.
Inspection and Appraisals
Most buyers will have the property inspected by a licensed property inspector within the time frame that was agreed upon in the effective contract to purchase. If the agreement is conditional upon financing, then the property will be appraised by a licensed appraiser to determine the value for the lending institution via third party. This is done so that the lending institution can confirm their investment in your property is accurate.
The Attorney
Either a title company or an attorney will be selected, whose job is to examine and insure clear title to real estate. After researching the complete recorded history of your property, they will certify that 1) your title is free and clear of encumbrances (eg. mortgages, leases, or restrictions, liens) by the date of closing; and 2) all new encumbrances are duly included in the title.
Contingencies.
A contingency is a condition that must be met before a contract becomes legally binding. For instance, a buyer will usually include a contingency stating that their contract is binding only when there is a satisfactory home inspection report from a qualified inspector.
Before completing his or her purchase of your property, the buyer goes over every aspect of the property, as provided for by purchase agreements. These include:
- Obtaining financing and insurance;
- Reviewing all pertinent documents, such as preliminary title reports and disclosure documents; and
- Inspecting the property.
Depending on the outcome of these inspections, one of two things may happen:
1. Either each milestone is successfully closed and the contingencies will be removed, bringing you one step closer to the close, or
2. The buyer, after reviewing the inspection report, will craft a remedy request and ask for items to be repaired. The buyer and seller will work come to a mutual agreement on these items.
Loan Approval and Appraisal.
We suggest that you accept buyers who have a lender’s pre-approval, approval letter, or written loan commitment, which is a better guarantee of loan approval than a pre-qualification or no documentation from a lending institute. Expect an appraiser from the lender’s company to review your property and verify that the sales price is appropriate.