Selling Essentials
The moment your home hits the market, there will be a flurry of interest. If the asking price is too high, it won’t take long for potential buyers to move on. By the time the price drops, a majority of buyers are lost and lowering the price down the line will likely not bring their attention back.
Signing a Listing Agreement
To start the marketing process you will need to enter into a Listing Agreement for a specified period of time. I may require certain documents in order to proceed with the listing.
Contact me to find out more.
Basic Components of an Offer
Price
Depending local market conditions, the offering price
may be differ from the asking price.
Deposit
The deposit shows the buyer’s good faith and is applied against
the purchase price of the home when the sale closes.
I will
advise you of a suitable amount based on the circumstances of the sale.
Terms
Includes the total offer price as well as the financing
details.
Conditions
These might include “subject to buyer obtaining financing”, “subject to home inspection”, or “subject to the sale of the purchaser’s property”.
Inclusions and Exclusions
These might include appliances and certain fixtures or decorative
items, such as mirrors or lighting.
Closing or Possession Date
Closing is usually the day the title of the property is legally transferred and
the transaction of funds finalized unless otherwise stated. The Possession Date is legally
1 to 3 days after the closing.
