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Listing Process Flowchart
PREPARING YOUR HOME FOR SALE
RESEARCH:
- seller needs, preferences and circumstances
- property condition and circumstances
- comprehensive marketing plan
- comparative market analysis
- market pricing and positioning strategy
COMPLETE:
- seller proceeds sheet
- agency disclosure and listing agreement
- timeline for putting on market
- seller’s disclosure packet
ORDER & REVIEW:
- pre-sale inspection
- statutory required reports
- financing scenario sheets
- home warranty options
- updated market data
PREPARE:
- property to show and sell
GET INTO CONTRACT:
- review, negotiate and accept offer
- backup offer ratified(if possible)
- seller’s revised net proceeds sheet
Preparing for Close of Escrow:
- complete statutory requirements
- make moving arrangements
- buyer’s final walk-through inspection
- review estimated closing statement
- sign closing documents
- buyer final deposit and loan funding
Contigency Removal:
- buyer’s approval of documents, disclosures and reports, preliminary title report, loan commitment, insurance, etc
- buyer removes all contigencies
- increase of buyer’s deposit to escrow
- confirm buyer’s initial deposit and provide loan pay-off information to escrow
- create timeline for removal contingencies and close of escrow
Financing & Inspection Contingency Period:
- appraisal
- buyer’s inspection(pest, contractor, etc)
- statutory inspections
- continue marketing property during contingency period
–
- proceeds to seller
- deliver keys to buyer
- post-closing follow up
- seller evaluation of agent services
Preparing Your Home For Sale
Research:
- seller needs, preferences and circumstances
- property condition and circumstances
Order & Review:
- pre-sale inspection
- statutory required reports
- financing scenario sheets
- home warranty options
- updated market data
Prepare:
property to show and sell
Develop:
- comprehensive marketing plan
- comparative market analysis
- market pricing and positioning strategy
Complete:
- seller proceeds sheet
- agency disclosure and listing agreement
- timeline for putting on market
- seller’s disclosure packet
The Sale Process
Get into Contract
- review, negotiate and accept offer
- backup offer ratified(if possible)
- seller’s revised net proceeds sheet
Contigency Removal:
- buyer’s approval of documents, disclosures and reports, preliminary title report, loan commitment, insurance, etc
- buyer removes all contigencies
- increase of buyer’s deposit to escrow
–
Preparing for Close of Escrow:
- complete statutory requirements
- make moving arrangements
- buyer’s final walk-through inspection
- review estimated closing statement
- sign closing documents
- buyer final deposit and loan funding
–
Open Escrow:
- confirm buyer’s initial deposit and provide loan pay-off information to escrow
- create timeline for removal contingencies and close of escrow
–
–
Financing & Inspection Contingency Period:
- appraisal
- buyer’s inspection(pest, contractor, etc)
- statutory inspections
- continue marketing property during contingency period
Close of Escrow:
- proceeds to seller
- deliver keys to buyer
- post-closing follow up
- seller evaluation of agent services
