The home selling process
PHASE III
PHASE II
PHASE I
INITIAL CONSULTATION Establish agency services
INITIAL ESCROW PERIOD Report pending sale to MLS Coordinate buyers inspections Record contingency dates
CONTINGENCY REMOVAL Review repair requests Negotiate / confirm repairs Remove contingencies Confirm move-in date with buyer’s agent Schedule final walk through TRANSACTION REVIEW Ensure all disclosure documents are signed properly Ensure buyer has received all pertinent documents and reports Confirm loan approval conditions Deliver documents in timely manner RECORD TRANSFER TITLE & CLOSE Escrow Review documents with seller Confirm sign-off day Key exchange Sign off Escrow closed
Review market conditions Determine market price Confirm agency relationship Establish timeframes
Confirm that buyer has received all disclosures
MARKETING Enter on Multiple Listing Service (MLS) Send out office email notice Schedule Open House(s) Produce high-quality Professional property fliers Initiate internet marketing plans Post for Sale sign on property
HOME REPORT/ INSPECTIONS Natural Hazard Envirocheck
California Tax Disclosure Applicable inspections (home, pest, pool, etc) Fire
DISCLOSURES Transfer Disclosure Statement (TDS) Supplemental Seller checklist
REVIEW OFFERS
Review offers with seller Prepare counter offers Verify contingency periods Verify loan rates with lender
Insurance Disclosure Statewide Advisory
OPEN ESCROW
REPORT DISCLOSURE REVIEW Read and review all reports and Disclosures to prepare for review with client Review reports and disclosures with client.
Submit Contract Escrow Officer
Coordinate opening of escrow with Escrow and Title Agent Order preliminary title report
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