Get the word out.
Now that you’re ready to sell, your real estate agent will set up a marketing strategy specifically for your home. There are many ways to get the word out, including: * The Internet * Yard signs * Open houses * Media advertising * Agent-to-agent referrals * Direct mail marketing campaigns In addition to listing your home on the MLS, I will structure a personalized marketing plan and use a combination of these tactics to bring the most qualified buyers to your home.
Receive an offer.
When you receive a written offer from a potential buyer, we will review the proposed contract, taking care to understand what is required of both parties to execute the transaction. Contingencies At this point, you have three options: accept the contract as is, accept it with changes (a counteroffer), or reject it. Remember: Once both parties have signed a written offer, the document becomes legally binding; therefore we will be sure to discuss any questions or concerns, be certain to address them right away.
Negotiate to sell.
Most offers to purchase your home will require some negotiating to come to a win-win agreement. I am well versed on the intricacies of the contracts and will protect your best interest throughout the bargaining. We will discuss what each contract clause means, what you will net from the sale and what areas are easiest to negotiate. Some negotiable items: * Price * Deposit Amount * Conditions * Chattels * Possession Date.
Prepare to close.
Once you accept an offer to sell your house, you will need to make a list of all the things you and your buyer must do before closing.
The property may need to be formally appraised, surveyed, inspected or repaired.
If there are problems with the home, the terms set forth in the contract will dictate your next step. You or the buyer may decide to walk away, open a new round of negotiations or proceed to closing.
Also, begin to make arrangements for your upcoming move if you have not done so.
Close the deal.
The Seller’s lawyer will have sent the Purchaser’s lawyer all the documents that are required by the Purchaser to transfer title to the Government of Alberta and in most cases the Purchaser’s lawyer will review the Seller’s documents with the Purchaser at this appointment.
On the Close date, the Purchaser’s lawyer will send to the Seller’s Lawyer the required money to close the transaction. The Purchaser’s lawyer will then send the documents to Land Titles for registration.
Once the Sellers has received the money from the Purchaser’s lawyer they call up the Seller’s Realtor and tell the Realtor to release keys. The Sellers Realtor then calls up the Purchasers Realtor and they make arrangements to meet the Purchaser to give them their keys to their new home.
Usually, this all occurs before noon on the closing date.