43 Steps REALTORs® do to sell a house

By
Real Estate Agent with Buyers Advantage Real Estate Corp. (c: 703.216.5635)
http://actvra.in/Bqb

43 Steps REALTORs® do to sell a house from start to finish.  I figure since I already told you the 33 Steps REALTORs® do to complete a Purchase .  I needed to ensure you knew what we do once we have a house to sell. I am primarily a Buyer’s Agent, however I will represent a seller. Of course, we all have our own way of how its done, so my peers please add to this if you will.  Keep in mind this is for an ordinary sale, not if your home has to be sold as a SHORT SALE. Sometimes I might do a step before the other, but in general it’s how it’s done.  Remember in real estate TIME is of the essence. Certain steps MUST be completed by a certain time frame. So here it is...



1.  Schedule appt - preferably by phone (ask for information, (i.e., why selling, payoff amount on loan, who is on deed, title company)

2.  Prepare Exclusive Right to Sell Listing, Comparative Market Analysis (CMA), Seller’s Net Sheet and my plan of action

3.  Client meeting, view home, review Exclusive Right to Sell Listing, discuss preparation of home, establish method of communication, receive Retainer Fee

4.  Deposit Retainer Check

5.  Setup Home Warranty (if applicable)

6.  Order HOA/Condo Docs

7.  Take photos

8.  Install Lockbox and sign

9.  Submit listing to MLS

10.  Implement my plan of action which includes an ACTIVERAIN Blog

11.  Client follow-up (as many times necessary, all offers will be delivered to seller as soon as possible)

12.  Ratified contract delivered to seller, deposit EMD (Earnest Money Deposit)

13.  Verify Lender receipt of contract

14.  Verify Closing attorney receipt of contract

15.  Call Lender to verify appraisal is ordered (if needed), and as many times necessary

16.  Verify title is ordered with settlement attorney

17.  Schedule settlement date and time

18. Remind seller all utilities must stay on, to include pilot is lit and water is on.

19.  Call Lender - verify loan is processed (call many
times)



20.  Form 100 - removing Financing Contingency

21.  Addendum removing Home Inspection

22.  Request copy of Termite Report

23.  Addendum removing Radon Contingency (if applicable)

24.  Update Buyer’s agent on contract status

25.  Call Lender for Loan status

26.  Verify appraisal is completed

27.  Final day to get HOA/Condo docs to Buyer

28.  Call Lender for Loan status

29.  Verify title is clear

30.  Verify Lender has everything needed for Loan approval

31. Advise seller to disconnect utilities 2 days after settlement

32.  Get copy of Well and Septic Report (if applicable)

33.  Verify loan is OUT of underwriting

34.  Final lender verification/clear to close

35.  Verify property is ready for final walk-thru

36.  Confirm settlement date and time

37.  Confirm time of walk-thru

38. Conduct final walk thru

39. Seller briefing for settlement, (review HUD-1)

40.  Settlement

41. Funds Disbursed from title company

42.  Refund retainer fee to seller

43.  Follow-up Call/Ask for referrals


43 Steps REALTORs® do to sell a house
Posted by



Serving all areas of Prince William, Fairfax, Stafford, Alexandria, Arlington and Spotyslvania Counties. Guiding you through the process of purchasing or selling residential property.                 

                                                                                                                   

 Cheryl Thomson, Realtor ® | 703.216.5635 | cheryl@buyercoach.com | Buyers Advantage Real Estate Corp | 4004 Genesee Place, Suite 113, Woodbridge, VA  22192

 

            





                                                                                                                                                    



                                                                          

close

Re-Bloggged 8 times:

Re-Blogged By Re-Blogged At
  1. Roy Kelley 05/21/2012 10:51 AM
  2. Kat DeLong 05/21/2012 11:49 AM
  3. Richard & Beth Witt 05/21/2012 01:55 PM
  4. Bob Southard 05/22/2012 06:41 AM
  5. Dianne McNeill 05/22/2012 09:21 AM
  6. Bob Miller 05/23/2012 02:49 AM
  7. Gene Riemenschneider 05/24/2012 10:22 AM
  8. Winston Heverly 10/29/2012 05:19 PM
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the world to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
ActiveRain Community
Location:
Virginia Prince William County Woodbridge
Groups:
"Whacked"!!!
The Art Of Marketing You
The Lounge at Active Rain
Active Rain Newbies
BananaTude

Comments 111 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the scissors to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
37,722
Brenda Swigert
Coldwell Banker West Shell

Great post. Kept it until I had time to read it.

July 22, 2012 10:41 AM
Rainmaker
476,884
Mark Loewenberg
PA 561-214-0370
Keller Williams of the Palm Beaches

yes we do work a lot and there are so many ducks to line up to keep the deals together

October 29, 2012 06:36 PM
Rainer
199,599
Cheryl Thomson, REALTOR, Retired (U.S. Army)
Real Estate in Northern Virginia
Buyers Advantage Real Estate Corp. (c: 703.216.5635)

Wow Mark! Still receiving comments, I so thank you for taking the time to visit.  I appreciate it. Consumers don't really know unless we break it down for them.

October 29, 2012 06:58 PM
Rainmaker
260,268
Wayne B. Pruner
Tigard Oregon Homes for Sale, Realtor, GRI
Oregon First

This is a good list and is an accurate representation of what we do.

November 01, 2012 09:09 PM
Rainer
199,599
Cheryl Thomson, REALTOR, Retired (U.S. Army)
Real Estate in Northern Virginia
Buyers Advantage Real Estate Corp. (c: 703.216.5635)

Thank you Wayne...can't believe I am still receiving comments. I appreciate it!

November 03, 2012 08:35 AM
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the pencil to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainer
199,599

Cheryl Thomson, REALTOR, Retired (U.S. Army)

Real Estate in Northern Virginia
Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the tree to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase: