Home Sale-Agent/Broker's Role
Summary - Home Sales Process
- Home Data Collection & Verification
- Comparative Market Analysis (CMA)
- Seller Disclosure and Listing Agreement
- Home Inspection & Repairs (Optional)
- Home Staging Process (Optional)
- Take Home Pictures
- Assess Special Requirements
- Marketing - Listing Home to MLS/Public WebSites
- Marketing - Yard Signs, LockBox, CSS
- Marketing - Open Houses
- Buyer Qualification & Negotiation
- During Buyer’s Option Period
- After Buyer’s Option Period
- Closing & After
Home Data Collection & Verification
- Visit & Review Home Features
- Fill Home Features Questionnaire
- Take Room Measurements
- Verify County Records and Title
- Verify School Information
Comparative Market Analysis (CMA)
- Prepare CMA report from MLS
- Analyse CMA report
- Determine market value
- Review Data with Seller
- Help Seller Set List Price
Seller Disclosure & Listing Agreement
- Seller complete Disclosure Form
- Survey/Map of the Home
- Seller Sign Disclosure Form (Mandatory)
- Seller Sign Listing Agreement
- Exclusive Right To Sell (Mandatory)
- Contract Period/Commission negotiable
- Decide on Title Company
Home Inspection & Repairs (Optional)
- Home Inspection by Seller Optional
- Any repairs before Marketing Desired
- Maintenance (HVAC, Filters, Lawn Mowing) Recommended
- Home Inspection and Repairs paid by Seller
- Inspection always recommended by buyers agent for buyer
Home Staging Process (Optional)
- Homes Unoccupied - Recommended
- Homes occupied - Seller’s decision
- Staging Companies consultation only
- Staging Companies staging as well
- Staging/Consulting - Seller Paid
Home Pictures
- Professional Photographer
- Pictures approved by Seller
- Seller can provide own Pictures
Assess Special Requirements
- Check special requirements
- Seller Financing Option
- Seller Leaseback Option
- Home availability upon closing
- Special Showing instructions
Marketing-Listing Home to MLS/Public WebSites
- Home Details published to ultiple Listing Service (MLS)
- Our MLS is NTREIS (North Texas Real Estate Information Systems)
- MLS will publish data to public websites like Realtor.com, Zillow etc., in few hourst here.
Marketing - Yard Signs, LockBox, CSS
- Front Yard “For Sale” sign
- Front Yard Brokerage Info sign
- Lockbox on the door
- Scheduling by CSS
- CSS is Centralized Showing Service
Marketing - Open Houses
- 2 Open Houses per month
- 2 Hour duration for an Open House
- Open Houses till
- Sale Procured (or)
- End of Listing Agreement
- Open House Schedule as approved by Seller
Buyer Qualification & Negotiation
- All Offers will be submitted
- Negotiate the Buyer’s Offer Price
- Explain Contract Document
- Seller choice on the best offer
- Verify Buyer Finance with Lender
- Seller Sign On Contract
- Communicate Offer Acceptance
During Buyer’s Option Period
- Verify Option & Earnest Check deposited by Buyer
- Get updates from Title Company
- Send contract amendments to Seller
- Negotiate any repairs requested
- Communicate accepted amendments to Buyer
After Buyer’s Option Period
- Get updates from Title Company, if any
- Get updates from Lender, if any
- Communicate any updates to Seller
Closing & After
- Review the Closing Document
- Clarify any questions for Seller on CD
- Confirm cash distribution to Seller
- Handover keys to Title/Buyer agent
- Remove lock box and yard signs
- Update MLS with Sold Information