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Experience
has shown us that every home sale is unique. Yet every sale, from
putting the house on the market through settlement day, shares a
common process. The Real Estate Store will provide you with free
market analysis and also help you understand the process so you can
make smart decisions every step of the way.
Do
I Really Need To Use A Realtor?
You can do your home search by yourself, but why would you?
With an experienced Real Estate Store sales associate at your side,
finding the perfect home is easier, faster and a lot more fun. And
you'll save time. Yet many buyers still spend endless hours pouring
through classified ads, driving all over town, and viewing dozens of
unsuitable properties –– simply because they haven't connected
with a Realtor. If you are contemplating the sale of your home,
or if you are in the market to buy a home, please complete the
survey below. The Real Estate Store will provide you with a
free market analysis to achieve the highest possible value for
maximum equity of your home!
"Preparing
and Showing Your Home"
You don't get a second chance to make a good
impression! A home that stands out among similarly priced houses is
the one that sells. The following suggestions for preparing your
home to sell are worth the special attention:
Exterior
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Lawn carefully mown, edged, fertilized
and watered.
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Trees and shrubs trimmed; flower beds
edged, weeded and cultivated.
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Driveways and walks free of snow or grass
clippings.
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Exterior house paint in good condition
and clean, especially the front door.
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All door locks open properly and easily.
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Roof in good condition.
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Screens and screen doors repaired.
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All exterior lighting in working
condition, with fresh bulbs.
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Absence of clutter in yard and driveway.
Interior
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Walls clean and unmarked, preferably
freshly painted with neutral colors.
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Windows clean inside and out.
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All light fixtures working and fresh
bulbs in each.
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Plumbing in good repair.
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No cooking, smoking, pet or other
objectionable odors.
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Sinks and tubs stain-free; faucets in
good repair.
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Caulking in tubs and showers in good
repair.
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All clutter removed from closets, attic,
basement, garage and other storage areas.
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Ask your Realtor what should be boxed up
to give your home a more spacious look.
Pricing Your Property
Pricing your property right can sell your home
faster. Your Real Estate Store sales associate will investigate
all properties recently sold or "For Sale" in your
immediate area. He or she will research prices and terms
of sales in the current real estate market in order to arrive at an
expected sale price. Don't be tempted to over-inflate the value of
your property. The first days of the listing period are when the
greatest activity occurs while selling your home. Overpricing may
discourage prospective buyers from ever looking at your property.
Offers, Contracts and
Closing!
A buyer makes an offer by submitting a written
and signed offer to purchase. This document becomes the sales
contract when signed by all parties involved. The selling agent
customarily notifies the listing associate of the offer, and the
listing associate will then arrange an appointment with the seller
to present the offer.
At
this point, the seller has three options:
- Accept the offer as written.
- Reject the offer if it is
totally unacceptable.
- Counteroffer, changing any
unacceptable conditions. (When the counteroffer goes back to the
buyer, the buyer has the option of withdrawing, accepting, or
countering the counteroffer.)
When both buyer and seller agree to all terms
(including changes made in any counteroffer), and indicate agreement
by their signatures, the contract becomes "firm." With
signatures and notification to all parties, a sales contract now
exists.
Closing
Details
Several professionals may come into the
home-selling process after the offer is accepted, including a
housing inspector (if hired by the buyer), a termite inspector, and
an appraiser. If the buyer is financing the purchase of your home,
the process will typically take 30 to 60 days. On the chance that a
buyer's financing will not be given final approval, you should keep
the house in good "showing" condition. As part of the
contract process, you must prove to the buyer that you have a clear
title on the house –– that you own the property, and that there
are no legal claims against it. The attorney representing the buyer
and/or financial institution will do a title search and issue an
opinion that the title is clear.
Your Real Estate Store sales associate or
attorney will help you gather the paperwork that the contract
requires.
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