Considering Selling Your Home or Investment Property?

 

Factors to Consider | The Selling Process | FAQ's

 

Factors to Consider when Selling Your Home

 

Factors We Cannot Influence:

  • Location: the largest factor affecting the value

  • Timing: economic conditions, interest rates, other available homes in your area

Factors We Can Influence:

  • Price: set carefully to reflect the current market trends

  • Condition: identify what to repair and/or replace

  • Terms: broaden the base of potential buyers through flexible terms

  • Marketing: provide maximum exposure to buyers and agents

  • Accessibility: make it easy for agents and qualified buyers to view

The Selling Process

 

There are five distinct steps in the property-selling process. Please click here for a comprehensive list (PDF, opens in new window) of services we provide. Here is a brief summary:

  1. Prior to listing your property for sale: During this stage, we develop a marketing strategy and resolve any issues with your property that could present obstacles to the successful sale of your property.

  2. During the listing period: During this period, we are actively showing your property to interested, qualified buyers and are soliciting offers to purchase your property.

  3. Offer review & negotiation: Once we have secured an offer (or, ideally, multiple offers) for your property, we work with you to analyze the merits and negotiate with the prospective buyer(s) to secure the best price and contract terms possible.

  4. During escrow: In this stage of the sale, we work with lenders and the buyer's agent to ensure a smooth transaction. If any issues arise with the property during the escrow period, we work with you to resolve them in a way that is most advantageous to you, the seller.

  5. After closing escrow: After escrow has closed and ownership of your property has been transferred to the new buyer, we ensure that the physical change of ownership goes smoothly, that you receive all paperwork needed to document the sale, and that you receive proceeds from the sale in a timely manner.

Contact us today to learn more about selling your property in today's market.

 

Frequently Asked Questions about Home Selling

 

What does it cost to sell a home?

Common costs in selling a home include:

  • Real Estate Commission: The commission is not fixed by law and is generally negotiated between the seller and the seller's agent.

  • Closing Expenses and Costs: Costs vary depending on the sales contract and may include items such as transfer taxes, loan payoffs, termite inspection, any judgments and liens, recording fees, tax pro-rations, notary fees and any other negotiated items.

What is 'escrow'?

Escrow is a process for handling the details of the transaction from the time the purchase agreement is accepted until title is transferred to the buyer. An escrow is a temporary deposit of assets, such as funds and documents, with a neutral third party that makes sure that the terms of the purchase agreement are carried out. The money is released when the conditions of the contract between the two parties have been met.

 

How long is an escrow?

The length of an escrow is determined by the terms of the purchase agreement and can range from a few days to several months. An escrow often takes an average time of 30 to 45 days.

 

How are real estate agents compensated?

A commission amount is negotiated between the Seller and the Seller's agent, and that amount is usually divided among the Seller's agent's Brokerage, the Seller's agent, the Buyer's agent's Brokerage, the Buyer's agent and any referring agents. Real Estate commissions are traditionally paid at the close of escrow from the Seller's proceeds.

 

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