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MARCMD.com > SELLERS > Home Selling Process

 

Home Selling Process 

The steps below are meant to highlight the more important steps, but are by no means the only ones.  All facets of the selling process are important and should be given the care and attention that any of life's most important decisions receive.


Step 1 Contact Marc
Step 2
Price And List
Step 3
Market It
Step 4
Negotiate
Step 5
Close

Step 1. Contact Marc Some 5 million existing homes are sold each year, and while each transaction is different every owner wants the same thing - the best possible deal with the least amount of hassle and aggravation. 

Unfortunately, home selling has become a more complex business than it used to be. New seller disclosure statements, longer and more mysterious form agreements, and a range of environmental concerns have all emerged in the past decade. More importantly, the home-selling process has changed. 

Surviving in today's real estate world requires experience and training in such fields as real estate marketing, financing, negotiation and closing.

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Step 2. Price And List - Every reasonable owner wants the best possible price and terms for his or her home. Several factors, including market conditions and interest rates, will determine how much you can get for your home. The idea is to get the maximum price and the best terms during the window of time when your home is being marketed.

 In other words, home selling is part science, part marketing, part negotiation and part art. Unlike math where 2 + 2 always equals 4, in real estate there is no certain conclusion. Marc is experienced and active in the local marketplace and can provide assistance with pricing. Because Marc has handled many transactions, he is familiar with the terms and conditions that went into individual sales, not just published sale prices which may not reflect various premiums, discounts and adjustments.

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Step 3. Market It - Each home is unique, the marketplace is always in flux, interest rates constantly change and new buyers search for homes each day. Such fluidity requires an agent to craft marketing plans specifically for individual homes and market conditions. 

Selling can entail a variety of marketing strategies. Much of a Marc’s work will be quiet and unseen -- yet important. The quiet telephone calls, the work with contacts, the follow-ups, conversations with ad respondents, the web postings and other outreach efforts are all part of the process required to sell homes. Marc bases his marketing efforts on previous transactions and ongoing research. 

More about Marc, and what to expect when working with him as your Seller's Agent by clicking here.

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Step 4. Negotiate - There will be people looking at your house, documents to sign and issues to be negotiated. Because a home sale involves an array of both personal and business concerns, it's important to get it done right. In each case, owners -- with Marc's assistance  -- will need to carefully review offers, consider marketplace options and then determine whether an offer is acceptable. Top of Page

Step 5. Close - It might seem as though once a sale agreement has been signed that the selling process is complete. Not only is it not over yet, but some of the most complex aspects of a real estate transaction now begin. 

A sale agreement sets not only a purchase price for the home, but also a series of terms and conditions. With automation now available, closings can occur within a week in some areas -- at least in theory. In practice, it takes time to arrange financing, conduct inspections, obtain appraisals, locate replacement housing, contact movers, pack and actually move. 

Closing -- or "settlement" or "escrow" as it is also known -- is essentially a meeting where the escrow officer (the party who conducts settlement) takes in money from the buyers, pays out money to the owner and makes sure that the purchaser's title is properly recorded in local records along with any mortgage liens. The escrow officer reviews the sale agreement to determine what payments and credits the owner should receive and what amounts are due from the buyer. The escrow officer also assures that certain transaction costs are paid (taxes and title searches).

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©2007 Marc Maryland, www.marcmd.com

Member of: National Association of REALTORS - NAR, Arizona Association of REALTORS - AAR, South East Valley Regional Association of REALTORS - SEVRAR, Tucson Association of REALTORS - TAR.

Marc Maryland complies with all Fair Housing laws, and believes in an Equal Housing Opportunity for all.

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©2007 Coldwell Banker Residential Brokerage. Owned And Operated By NRT LLC.
Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC.

 
       "Welcome to my home on the web. Whether you're interested in buying a home, selling a home, or just wish to become more informed, this site is a great place to start.

     This site's intent is to provide a starting point from which to get to know me, about Coldwell Banker Residential Brokerage, and the communities that I provide full-service real estate to.

     Since I started in real estate back in 1996, the changes in the real estate market have been enormous. But the two things that have remained constant through the years is the love I have for it, and the countless number of wonderful individuals with whom I have had the pleasure to work with. I truly enjoy the time spent with my clients, and the opportunity to provide them with sound counseling. 

     You can feel rest assured that I will only operate in a manner consistent with that of a highly skilled professional. The following areas are within that level of competence, and receive the benefits of my full-service: Phoenix East Valley - Apache Junction, Chandler, Gilbert, Mesa, Paradise Valley, Phoenix, Queen Creek, Scottsdale, Tempe.

     I am fully prepared to represent you in new home buying as well as resale home buying.  Selling a home and buying a home are also both part of the full-service experience. Being part of a military family tradition, I've made a move or two (or three, or four ...) in my time. So whether you are moving down the street, or across the country, contact me and let's get started." - Marc Maryland


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Buyer Advisory - A living document encouraging buyer awareness through information and disclosure.
Buying v. Renting - Offers a comparison between the benefits of home ownership, and the lost opportunities of renting.
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Home Buying Process -
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Marc as Your Buyer's Agent - Introduces Marc and the value of having him represent you in the purchase your next home.
Purchase Contract Basics - In depth explanation of many key points contained within the Purchase Contract.
What is a REALTOR® - Definition of what it means to be called a REALTOR®.

Why use a REALTOR® - Using a REALTOR
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Choose a REALTOR® to Sell Your Home - This page provides an insight into how to choose a REALTOR® to sell your house.
Home Selling Process - Covers many of the key areas of the home selling process.
Home Value Analysis - Wondering what your house is worth? Here is where you'll begin the process to find out.
Marc as Your Seller's Agent - Introduces Marc and the value of having him represent you in the sale of your house.
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