What are the steps involved in selling a home?
Even if you've bought or sold a home before, this
process can still be daunting. To help you better understand the many
steps involved and how we work to tie them together.
- Listing with your Airport Realty Sales Representative;
Selling
your home is more than just a financial decision. It is an
emotional one. That's why it's so important to choose the right
real estate representative - one who's not just a "salesperson,"
but one who cares about you and your needs.
- Discuss Seller Representation with your Airport Realty
Sales Associate
- Establish Price and Time Frame;
The real estate market is
constantly fluctuating, so pricing and timing is not an exact
science. Rather, it is a reasonable figure derived from a number
of different components, such as: The status of the current real
estate market - The expertise and market knowledge of your real
estate representative Lot size, size and condition of home.
Location and special amenities, selling and listing prices of
comparable homes. A sophisticated real estate marketing plan. Your
level of motivation.
- Develop and Implement a Marketing Strategy;
Your Airport
Realty sales associate will develop a marketing plan to create
excitement and exposure for your home. There are a number of
different vehicles available to market your home including:
Local Advertising, National and International Advertising
Relocation and Referral Services. The Internet Signage Multi-List
Service
- An offer is submitted to Airport Realty sales agent will
notify you when an offer is being made on your house and will
review the sales agreement with you.
- The Negotiation Process Begins;
Price is only one factor in
the transaction, many other terms and conditions such as hand
money deposit, possession, financing, inspections and more must
be addressed. Your Airport Realty listing agent will be
negotiating on your behalf to obtain the best price and terms
for you.
- The Offer is Accepted;
Buyers Submit Loan Application Your
Airport Realty listing agent will maintain contact with the
selling agent and apprise you of its status of the buyers loan.
The lender will send an appraiser to your home since a
satisfactory appraisal is necessary for loan approval.
- Home Inspections are Scheduled;
A home inspection is a visual
examination of the physical structure and systems of the home.
Most buyers require a home inspection as part of their sales
agreement. We recommend that our sellers have the property
inspected at the time of listing so that there are no surprises
prior to closing.
- Coordinate All Activities Required for Closing;
Your Airport
Realty Sales Associate will be in close touch with the selling
agent and the closing company to make sure that all necessary
documents and exhibits are collected. The settlement company
will complete a title search to insure there are no liens or
claims to the property.
- Review Closing Documents;
Your Airport Realty Sales Agent
will review the closing documents with you.
- Finalize and Close Transaction;
Buyer and Seller will attend
settlement (closing) at a predetermined time and location. All
closing documents are signed, title is conveyed to Buyer, and
Seller receives proceeds (if applicable).