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1. Your home is listed in the local multiple listing service, your home gets exposure to all the local cooperating Associate Brokers and their buyers.
2. Your home is photographed for marketing in flyers, on the web and in several real estate publications.
3. Your home is featured on the Enchanment Realty internet relocation service used world wide!
4. Your home is toured by local REALTORS® and held open if you wish.
5. At your request we will complete a free Market Analysis of your home to guide you in pricing your home to sell.
6. At your request your home will be listed and featured on this website, the national Enchanment Realty website and realtor.com.
7. Your home can be rented out thorough our Property Management service if necessary.
Selling your home is not a simple procedure. It involves large sums of money, stringent legal requirements and the potential for costly mistakes. At Enchantment Realty we are committed to spending the time it takes to help you sell your home in the least amount of time and for the best possible price.
The process of selling your property starts with the Listing Agreement. It's a contract between you and the brokerage company that the broker represents. It is a framework for subsequent forms and negotiations. It's important the agreement accurately reflects your property details and clearly spells out the rights and obligations of all parties. Both you and the listing broker sign the listing agreement and each receive a copy. The agreement binds both parties to its terms and conditions.
Add an It's critical to price your home right in relationship to the current real estate market and to the conditions prevailing in your local marketplace. Since the real estate market is continually changing, and market fluctuations have an effect on property values, it's imperative to select your list price based on the most recent comparable sales in your neighborhood. A Comparative Market Analysis (CMA) provides the background data on which to base your list price decision. Be careful not to set the price to high. When your home is first listed, it is marketed to other Brokers in the area, who in turn, market it to buyers. If the price is a turn-off, you won't be able to capitalize on the initial flurry of activity that surrounds a new listing. The higher the asking price the fewer the Brokers who will preview the home. If the home is listed far above the market value they will stay away. to this item.
n addition to supply and demand and other economic factors, the time of year you choose to sell can make a difference both in the amount of time it takes you to sell your home and in the ultimate selling price. Generally, the real estate market picks up as early as February, with the strongest selling season usually lasting through May and June. With the onset of summer, the market slows. July is often the slowest month for real estate sales due to a strong spring market putting possible upward pressure on interest rates. Also, many prospective home buyers and their agents take vacations during mid-summer. Following the summer slowdown, real estate sales activity tends to pick up for a second, although less vigorous, season, which usually lasts into November when the market slows again as buyers and sellers focus on the holidays.
When you have a home for sale, eventually a prospective buyer will "make an offer." As the seller, you basically have three options: you can accept the offer, reject the offer or give a counter offer. A counter offer usually will encourage a buyer to continue their negotiations. You may also receive multiple offers. You may prefer to take slightly less for your property from someone who is willing to pay cash, versus someone who needs to sell their current home first. Contingencies, move-in dates, and financing are all things to consider when weighing an offer. If things seem a bit overwhelming, rely on our experienced real estate professionals, who can go over the various points with you, and help you choose the best offer.
There are two standard contingencies: a financing contingency, which makes the purchase conditional on the buyers' ability to obtain a loan commitment from a lender, and an inspection contingency, which allows the buyers to have professionals inspect the property to their satisfaction. The buyers could forfeit a deposit under certain circumstances, such as the buyers backing out for a reason not provided for in the contract. The purchase contract must include the sellers' responsibilities such as passing clear title, maintaining the property in its present condition until closing, and making any agreed-upon repairs to the property.
Most states require some form of seller disclosure. The disclosure structure also varies: Some states require a seller to complete a questionnaire about their property's condition; in other states, disclosures can be made verbally. In some states, seller disclosures are voluntary. The only sellers excluded from disclosure laws are banks and mortgage companies with foreclosure properties. If there is one, the seller and the broker are required to disclose all facts materially affecting the value or desirability of the property which are known or accessible only to him and which are not known to or within reach of the diligent attention and observation of the buyer. A fact that is material to one buyer may not concern another. If you're wondering whether something should be disclosed, consult your real estate broker or a property attorney. Ask yourself if you'd want to have the information if you were the buyer. If the answer's yes, then disclose.
States are cracking down on sellers' obligation to disclose known material facts about properties for sale—especially conditions not readily apparent, such as a cracked foundation. A material fact is anything that could affect the sale price or influence a buyer's decision to purchase a home.
The major cause of post-sale disputes and lawsuits involves defects and disclosure. Most disputes can be avoided if proper disclosures are made.
In addition to state mandates, some local and federal laws require sellers to make specific disclosures. Federal law, for example, requires sellers of homes built before 1978 to disclose any known lead hazards.
Most states require some form of seller disclosure. The form of disclosure also varies: Some states require a seller to complete a questionnaire about their property's condition; in other states, disclosures can be made verbally. In some states, seller disclosures are voluntary. The only sellers excluded from disclosure laws are banks and mortgage companies with foreclosure properties. If there is one, the seller and the broker are required to disclose all facts materially affecting the value or desirability of the property which are known or accessible only to him and which are not known to or within reach of the diligent attention and observation of the buyer. A fact that is material to one buyer may not concern another. If you're wondering whether something should be disclosed, consult your real estate broker or a property attorney. Ask yourself if you'd want to have the information if you were the buyer. If the answer's yes, then disclose.
States are cracking down on sellers' obligation to disclose known material facts about properties for sale—especially conditions not readily apparent, such as a cracked foundation. A material fact could affect the sale price or influence a buyer's decision to purchase a home.
The primary cause of post-sale disputes and lawsuits involves defects and disclosure. Most disputes can be avoided if proper disclosures are made.
In addition to state mandates, some local and federal laws require sellers to make specific disclosures. Federal law, for example, requires sellers of homes built before 1978 to disclose any known lead hazards.
Once you've accepted an offer on your property, several details still need to be finished. First, there will probably be an inspection of your home by a professional who will determine the condition and integrity of your property for the buyer. Second, the buyer's mortgage company may send out an appraiser to assure the lender of your property's worth. Third, the title company will warranty that no liens or existing encumbrances would inhibit a title transfer to the buyer. Finally, you or the buyer may be represented by an attorney. First-time sellers and buyers often feel more comfortable having the paperwork reviewed before signing. Rest assured that you can always rely on our real estate professionals to ensure the entire home selling process proceeds smoothly.
Personal Property: You must disclose what personal property, if any, goes with the house when you sell it. Personal property is anything that is not attached or fixed to the home, such as washers, dryers, refrigerators, and so on. There may be some items considered "real property" that you do not intend to include in the sale. Real property is anything that is attached to the home. For example, you may have a chandelier in your family for generations, taking it from home to home when you move. Since the chandelier is attached to the house, it is considered "real property," and a reasonable buyer would normally expect it to go with the house. Most listing contracts have an area where you can exclude anything you want to take with you.
Lockbox: A lockbox is a padlock with a cavity inside where a key to your home can be placed. Only someone with an electronic key or the combination can get into the lockbox and access the key. Having a lockbox available at your house makes it easy for other brokers to access your home. Without the lockbox, brokers representing buyers would have to set appointments to meet you or your agent at the place so they could gain access and view the home. This would be inconvenient. Since almost every other house has a lockbox available, most brokers will not show your property if you do not allow one. You will miss out on lots of potential buyers. The listing contract specifies whether you allow a lockbox or not. It is locked into place, usually on the front door, and cannot be removed. Only other brokers can access the key that is located within the lockbox.
Multiple Listing Service: Your listing contract should specify whether or not the house will be listed with the local MLS. It is definitely in your interest to have the house listed. This is because your sales force is automatically multiplied by however many real estate professionals are members of the local MLS. If your home is not listed, you only have one broker working for you instead of many.
The Exterior
Your home's exterior is the first thing a potential buyer sees when visiting your home. The following tips will create a solid first impression on potential home buyers. In addition, the curbside appeal of your home can be increased by focusing on its exterior.
Fence
Yard
Driveway, Garage, Carport
Front Entry
Siding and Trim
Roof
Patio, Deck
The Interior
Experience shows that creating a warming feeling inside your home increases desirability. View your home with a critical eye. Please get rid of the clutter; this will not only allow buyers to see your home for what it is but will create the appearance of more space. Clean, complete minor repairs, and add finishing touches such as fresh flowers or candles.
Doors and Windows
Floors and Carpets
Closets and Storage Areas
Bedrooms and Living Areas
Kitchens and Bathrooms
Counters and Cabinets
Garage or Workshop
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